First Jefferson Nickel – Big Decision!!
It is time for me to decide which coin will be the first nickel that I buy for my U.S. nickel type set collection. I have agonized over the decision of starting with the Jefferson nickel or the buffalo nickel long enough. I have decided that I will focus first on the Jefferson nickels, but which one?
I like the idea of beginning my nickel collection with the 1938 nickel. 1938 is the first date that the Jefferson nickel was minted. Since this is the first year that the Jefferson nickel was minted, I believe that this is a good place to start my collection.
I originally thought about working backwards. Maybe starting with a 2008 jefferson nickel, then buying the 2005 Jefferson Ocean in View, etc. However, I think that my nickel type set collection needs to start the first Jefferson nickels, 1938.
How do you decide which coins to buy? What is your favorite Jefferson nickel? Please share your thoughts in the comments below.
If you would like to read my other articles about my U.S. Nickel type set collection, here are the other articles in this series.
Tags: buffalo nickels, Investing In Coins, jefferson nickels, key date coins, US Coins
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Comments (2)
2 Responses to “First Jefferson Nickel – Big Decision!!”
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gayle Says:
February 24th, 2010 at 6:31 pmHave you ever seen a nickle that was gold? Jefferson 1964D?
December 31st, 2008 at 9:15 pm
I wish I had received the advice I did a couple years ago when I was a kid first starting to collect coins.
I have ended up with multiple sets of the same coins in varying grades by building the sets by searching pocket change and bank rolls. By building a set by searching you inevitably end up with a set that has higher grade newer dates and lower grade older dates. You will still have to purchase the harder to find dates, which if you are on a budget may leave you with an un-filled hole for a while. When you are finished you end up with a set with coins grading from Good to BU.
If you are buying the coins for your denomination sets (not searching through pocket change and bank rolls), always buy the most expensive coins first in the grade you want your entire set to be. The reason for this is that you will fill the harder spots first and you will get the higher expenses out of the way now rather than in the end when they will naturally be higher and harder to find or afford.