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Each year, the United States Mint usually strikes somewhere between 10 million and 100 million Jefferson Nickels. But in 1950, only 2.6 million were struck! Collectors of the day quickly noticed the smaller mintage, and started hoarding the freshly struck coins. Prices on the secondary market steadily rose to the point where a full roll of 1950 Denver Jefferson Nickels, purchased from the U.S. Mint for just $2, was worth an incredible $1,000!
Luckily, prices have since fallen as hoards are revealed and are made available to the collecting public. As a result, you now have the opportunity to add one of these coins to your collection for a great price, and in Brilliant Uncirculated (BU) condition as well -- quite impressive for a 1950 nickel! Complete your set and order yours today!
By Ray James
Have you noticed the tiny single letters marked on a coin? These are mint marks. What do they mean? What if there is no mint mark on a coin? Find the answers to these questions and more as we discuss everything you ever wanted to know about mint marks.An Overview of Mint Marks
The mint mark identifies which mint facility was the coin's mint of origin. We will talk about where you can…
Golden Dreams in the “Great American Desert”
The territory of Colorado in the mid-1800s was a wild, untamed land where trappers, traders and Indians freely roamed the plains and mountains. Most Americans believed this territory to be part of the “Great American Desert.” But when gold was discovered near present-day Denver, miners by the thousands poured into the territory despite…