The 1937-D Buffalo nickel is one of the most significant coins of the 20th century. As the metals in the currency have changed, the metal value of coins have changed as well. The mint overused the die, taking too long before replacing them. This may be why so few uncirculated examples were saved for coin collectors. The San Francisco mint struck 21,640,000 Jefferson nickels in 1944. Even in poor condition, these coins are worth at least $2,000, and they can sell for more than $50,000 in circulated condition. The 1913 Liberty Head nickels are among the best-known and most sought-after US coins in existence. Meanwhile, if you happen to find one in average condition, the coin might only be worth $1.90, according to USA Coin Book. Continue with Recommended Cookies. 2002-2023 LoveToKnow Media. High-quality examples of the 1917-S Buffalo nickel will fetch top dollar today. Im also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). Receiving a grade of MS-66+ means that the coin has only minor imperfections on the surface, was minted from a fresh set of dies, and was well-struck to bring up all the details of the coin. 14 Stylish Ideas to Repurpose Old Shutters. Depending on the year, it can be somewhat rare for a Jefferson nickel to clearly show all the steps of Monticello on the back. 1924 S Buffalo Nickel - Worth $14,000. pennies made before 1982 are worth 2 to 3 cents just for their copper value, Some 1969 Washington Quarters Are Worth $4,000! Somehow, five known specimens of a 1913 nickel with the previous Liberty Head V design were created. More than 15,000 1916 nickels minted in Philadelphia still exist, but only about 400 have doubled die errors, according to PCGS. A 1979 Susan B. Anthony over a 1978 nickel sold at auction in 2014 for $15,275. That said, some Jefferson nickels from 1944 in mint, gem, and uncirculated condition are rare, with only a few existing examples. All are worth 10 cents or more each. The motto, E PLURIBUS UNUM, appears around the top edge of the coin, while the words UNITED STATES OF AMERICA are imprinted around the bottom edge. More than 50million nickels were minted in the US in 1926. Even silver wartime Jefferson nickels look nearly identical to regular nickels, except for one distinguishing mark that Ill tell you about in just a bit. Why? Back in 2004, one sold for $281,750, which is equal to about $431,200 in inflation-adjusted 2022 dollars. The Jefferson nickel has been in circulation since 1938, and it remained mostly unchanged until 2004. Also worth noting silver nickels arent made entirely from silver. In 2008, just before the recession, one sold for $125,350, or $168,300 in 2022 dollars. The Mint received three hundred and ninety entries but chose Felix Schlag, a German native who immigrated to America in 1929. Check the coins reverse, and you should identify the prominent Monticello mansion on all silver war nickels. As was typical, the San Francisco mint produced the fewest number of nickels, making these coins rare. An exceptionally well-preserved one sold for $104,650 in 2007 or about $145,900 in 2022 dollars. This means that the 1951 nickels mostly entered circulation and became worn as a result. After tallying the weight of the coins and the glue or epoxy required to secure them, the user calculated that the additional weight of the nickel coating amounts to Here is another mint error caused by the improper manufacturing of a coin die. 1971 Quarter Value (Rare Errors, D, S & No Mint Marks). If you're extremely lucky one of the pennies you get may be old and possibly worth 2 cents. Anthony Dollar Over Jefferson Nickel. Or maybe it would be wiser to stick to the 1918 and 1919 nickels since they arent quite so rare. 20Rare Vinyl Records With Extreme Value to Look Out For. There are very strict and tough laws about what you can and cant legally do with your coins, and melting pennies and nickels are a big no no. WebFelix Schlag designed these coins. Now, bear in mind the fact that nickel values are constantly fluctuating as are precious metals prices across the board. Im also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). By the end of this article, youll be able to impress any numismatist. As the US Mint transitioned from the Liberty nickel series to Buffalo nickels in 1913, a handful of final Liberty coins were created with a 1913 mint year. Your chances of findingvaluable nickels in everydaypocket change are pretty good much like your odds of finding valuable pennies. Lower-grade coins are worth $20 to $30, compared to about $1 for those made at the Philadelphia mint. Sold: July 2008; Heritage Auctions, Baltimore, MD (ANA) US Coin Signature Auction. WebYou may add up to 4 additional photos online on Nickel's Worth website for a flat $5. The doubled die error is popular among collectors. That said, this coin had a high mintage between the three mints, and many of the coins were released into circulation. An example sold in 2013 for $21,150. Also known as full-step nickels, these coins can fetch more than $100, especially for uncirculated, mint state coins. The 1924-S Buffalo nickel is by no means a rare coin in circulated condition. While there are a lot of different nickels on this list, one thing is clear. For the first year issue of this coin, it's very difficult to find a full steps version in near mint condition. One in mint condition sold for $28,750 in 2011. Nothing is more eye-catching to a coin collector than seeing a Proof coin. The face value isnt always telling the truth anymore. 4.) The nickel used to make the coins was diverted for war purposes. This scale has been incorporated into the modern Professional Coin Grading Services (PCGS) and Numismatic Guaranty Corporations (NGC) rating systems. Because of misaligned die strikes, the letters, numbers, and images on some coins look as if they were stamped on twice in slightly different spots. Specifically, the denomination FIVE CENTS and minor doubling on the motto E PLURIBUS UNUM. And those special times can turn everyday items like nickels into the worlds most expensive nickels potentially worth millions of dollars. The Shield nickels were produced from 1866 to 1883, replacing the fractional currency notes issued prior. The highest standalone sale price for a 1913 Liberty Head nickel was $4.56million for a proof coin at auction in 2018, according to the PCGS. A highly collectible mint mistake is the 1943/2 Jefferson nickel. However, collectors at the time were aware of the low mintage and immediately began hoarding the coins and storing them carefully to preserve their condition. Step 3: Special Qualities - Collectors support the value to old coins. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. Buyers must be extremely cautious when purchasing these coins because unscrupulous people have shaved off the front leg on a regular 1937-D Buffalo nickel. The most valuable nickels include the 1913 Liberty Head V nickel worth $5.26 million, the 1964 Jefferson nickel with mirror brockage which reportedly sold for $1.15 million, and the 1918/7-D Buffalo nickel doubled die obverse worth $504,164. Most coins minted in San Francisco in the 1940s were poorly struck, and the 1944 Jefferson nickels were no exception. However, if the coin is rare, uncirculated, or brand new, it can be worth between $225 and $275! You can purchase a well-circulated coin from a reputable coin dealer for just a few dollars. Sold: August 2007; Bowers & Merena, Rarities Coin Auction. This post may contain affiliate links. In 1913, the Buffalo nickel was first produced. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. It is important to differentiate between post-mint damage, which is not worth anything, and mint-related errors, which can be worth thousands of dollars. Unlike Lincoln wheat pennieswhich almost everyone knows about and saves from circulation there are many old Jefferson nickels made in the 1930s, 1940s, and 1950s that are still in circulation simply because they look much like the newer Jefferson nickels. Here is a rare example of one that was saved before it ever experienced the harsh environment of circulation in commerce. To keep an eye out for rare nickels, take a look at the list weve already gone over. The 1924-S Buffalo nickel is by no means a rare coin in circulated condition. With a mintage of 1,437,000 coins, many of them have survived and are available to collectors today. This coin's high level of preservation and dramatic eye appeal make it an extremely valuable coin. 1881 Shield Nickel - Worth $4,000. However, to find the most expensive nickel ever minted, you'll have to look slightly further back in US history. These Type II coins are extremely rare in gem uncirculated condition of MS-68. One sold for $32,900 in 2016. The bottom line? $0.83. All rights reserved. The Most Valuable Nickels toCheck for in Your Change Jar. Oftentimes, these bullion trades are based on speculative value, or the amount that might be made if it ever becomes legal to melt nickels. In fact, at one point, the value of nickel went to $100,000 per metric ton. One with almost no flaws and beautiful rainbow patina rings sold for $15,275 in 2017. This coin's high level of preservation and dramatic eye appeal make it an extremely valuable coin. Copper and Nickel Prices SOARING! Finding such a coin in excellent condition is not common, and one very fine example sold for $14,950 in 2007. One 1964 Jefferson nickel was created with a mirror brockage, showing a head on both sides with one mirrored. At one time, a nickel could buy a bag of candy at the corner store or an ice cream cone on a hot summer day. Locating nickels with an interesting history isnt always easy to do either. The Jefferson coins have quite an interesting history, but more important is that these coins are worth more than face value. This coin is the only one in the Buffalo nickel series with a significant doubling on the coin's reverse. So, the U.S. Mint held a contest to find a suitable design for the next coin after the Buffalo nickel. However, this single example of a high-quality specimen commands the extraordinary price that advanced coin collectors are willing to pay. Youll probably have better luck browsing the auction sites and treating them like investments. Unlike the nickels from Philly, the ones from the Denver mint were struck remarkably well, coming out with an attractive luster and sharp strike, a great example of a wartime coin. Regardless, many of these coins circulated for years before being pulled and put in somebody's coin collection. All told, the U.S. Mint produces an average of 12 to 15 billion coins each year and the more they make, the lower the production costs per coin tend to be. When the face value is a small fraction of the real-world worth. In 2021, a 1944 S nickel in grade MS68 sold for $6,169. Despite the low mintage, they are fairly easy to find in uncirculated condition. Circulated coins are the ones that have been used in everyday transactions and are worth the lowest. Like the 1918 nickel, some variations of the 1916 Buffalo five-cent piece contain errors. The 21 most valuable nickels 1885 Liberty Head V Nickel: $3,800 When the Liberty Head nickel design was first released in 1883, the word cents was omitted from it. Yes, you read that correctly more than 3 times its face value! Youre looking for examples that are few in existence. There, the die was used to stamp the nickel but then overstamped with a D to indicate the mint. In uncirculated condition, the coin can fetch up to $700. The top of the number is flat instead of rounded, and the middle appears thicker than it should. 2.) No matter the case, you now know the most valuable nickels to look out for and can start your journey to collecting these valuable coins. Sold: July 2008; This coin's extreme rarity and its pristine condition makes it the most valuable coin in the Shield nickel series. Its what allows us the ability to trade our work for things we need. If you look at the reverse side of some 1939 Jefferson nickels, you may notice that there's a double stamping. So, when one of these true gems crosses the auction block, it always brings many bidders and fierce competition. But the 1927-S had striking issues, and very few of these exist in exceptional quality strikes. The silver war nickels of 1942 through 1945 are exempt from this melt ban. The 1944 doubled die nickels are quite rare but extremely desirable, with nickels showing strong doubling fetching a higher value. Mint state silver nickels are a challenge to advanced collectors. The result is a doubling or tripling of the design, with each impression appearing at a slightly different angle. This includes a number of extremely rare nickels, which can sell for thousands or even millions despite technically being worth just five cents. It goes back to the issue of rising metals prices. They were only 16,000 coins minted for circulation, and that makes it the lowest production quantity in the entire series. When the Liberty Head nickel design was first released in 1883, the word cents was omitted from it. Did you know that nickels are worth more than their face value right now? Below is a list of the specific nickelsyou should be looking for. It is amazing that this dramatic mint error was never discovered for many years. They are readily available in circulated grades but very rare in well-struck high grades. ; Records have also been broken in 2021 for the 1964 Nickel D/D grade MS65 selling for The mint changed the design to include that important word so that fraudsters couldnt try to pass them off for 5 dollars instead. The 2 and the 3 overlap, and it's especially rare to find examples with both dates clearly visible. Generally speaking, coins that appear more worn will be worth less than coins that are in better condition. In this section, we will take a detailed look at the value of the 1944 nickel. 1880 Shield Nickel - Worth $20,000. Lets say youre looking for really old nickels to collect. The Most Valuable Nickels, 1942-D Over Horizontal D Jefferson Nickel, 1936-D Buffalo Nickel Three and a Half Legs, 1918/7-D Buffalo Nickel Doubled Die Obverse, 1964 Jefferson Nickel Mirror Brockage: $1,153,000, 1918/7-D Buffalo Nickel Doubled Die Obverse: $504,164, 1916 Buffalo Nickel Doubled Die Obverse: $432,198, 1935 Buffalo Nickel Doubled Die Reverse: $146,238, 1937-D Buffalo Nickel Three Legs: $107,749, 1936-D Buffalo Nickel Three and a Half Legs: $22,452, 1942-D Over Horizontal D Jefferson Nickel: $11,126, Button Up: These Chic Cardigans For Women Are Challenging The Stereotype, Lotus Cars: Pinnacle Of Precision Performance, All Is Good In The Hood: The Best Hoodies For Women, The Best Denim Jackets For Men To Rock With Everything In Your Closet, From Desk To Dinner: These Womens Leather Pants Own The Room, Ready For Action: 23 Best Everyday Carry Backpacks, Best Crossbodies For Women: Hands-free Convenience Never Looked So Stylish, Aston Martin: Sophisticated, Savvy Secret-Agent Style, Dont Sweat It: The Best Sweatshirts For Men, Rolls-Royce: Regal Rides Radiating Royal Respect, Warm Wonders: Make Space For These Sumptuous Sweaters, Hold On: These Clutch Bags Are Stealing The Show. Schlag took four weeks to perfect the coins design which featured President Thomas Jeffersons profile as depicted in a Gilbert Stuart image on the obverse and the Monticello on the reverse. It is obvious that there is a numeral 7 lurking underneath the last digit in the date. Im the Coin Editor here at TheFunTimesGuide. Most of these coins found their way into circulation; therefore, uncirculated examples sell for a premium price. However, they are even scarcer in excellent condition. 1913 Liberty Head V Nickel - Worth $4,408,650. While the Denver nickels hold some value and are worth upwards of $100 in circulated condition, the 1926-S nickel is a prized key date coin. All this talk about nickel values and bullion metal prices might have you wondering what it costs to make a Jefferson nickel from scratch. WebCopper prices have been up, and so, too, are nickel values. These coins are very rare, with only eight examples known; however, they're also very easy to miss. Finding rare nickels in your loose change just might make you thousands of dollars richer. 5.) Most Proof coins in this series had production runs of approximately 1,000 coins. Made at the beginning stages of World War I, the 1917 Buffalo nickels have a rare amount of quality examples that came from the San Francisco mint. Regardless of the circumstances that created this extremely rare nickel, every coin collector would love to have one of these in their collection. This means that every box of nickels costs the U.S. Mint $75.86 in metals alone. The rarity of this nickel is all based on its condition. Only about 19 with this finish exist, probably part of an unofficial mint set. There are only five known examples, and this one is the finest graded by any of the third-party grading companies. Millions of the 1944 Jefferson nickels are still in circulation, and this coin can be ranked low on the rarity scale. 1917-S Buffalo Nickel. The first nickels produced in 1883 did not have the word CENTS on it. 1927 S Buffalo Nickel - Worth $5,000. For example, in 2021, it cost the United States Mint 8.52 cents to make each nickel. In uncirculated condition, the coin can fetch up to $700. By recessing the denomination below the Buffalo, the mint corrected the problem of the denomination prematurely wearing off the coin. Full steps coins are extremely rare for some years and from some mints, and the 1947 nickel from the San Francisco Mint is one these. While President Thomas Jefferson has been featured on the nickel since 1938, no five-cent piece bearing his likeness has ever sold for more than $50,000, according to data from the Professional Coin Grading Service (PCGS). WebNickel's Worth, Northern Idaho and Western Montana (Wednesday by 3pm) $19.00. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. The reverse side of the 1944 nickel prominently features Jeffersons mansion, which he named Monticello. We all know money is valuable. Conventional wisdom guides many coin collectors and bullion stackers into looking for and saving only silver coins: But those silver half dollars and silver dollar coins are pretty tough to locate anywhere outside the shop of a coin dealer these days. If the full steps show, this coin could be worth thousands. The Type I coin has the denomination FIVE CENTS on the reverse below the Buffalo on a raised mound. The law states that those who violate laws against melting pennies or nickels can face a fine of $10,000, imprisonment for 5 years, or both. The coin, which features a portrait of Thomas Jefferson on the front, became the official nickel design in 1938. New and beginning collectors find the circulated pieces affordable and base collections on nice examples. Sifting through them all is an impossible task, but finding a valuable nickel isnt quite as hard as you would imagine. At that price, a typical nickel is worth 16 cents in It's still the nickel we use today, but it has undergone a few changes over the years. From the beginning, the odds were against any large number of these coins being saved in uncirculated condition. NEVER judge a book by its cover, or a coin by its face value. Relatively few uncirculated exist, and even fewer in Gem condition. Why more uncirculated examples were not saved is a mystery to numismatists. But these arent easy to come by. Until 1989, mint employees would hand punch the mint mark of the die. Old nickel prices range from a few cents above face value to $50 or more. Generally, 1944 nickels with a double repunched mintmark are worth about $3 to $5, but those with a triple, quadrupled, or one mintmark placed incorrectly over one thats correct can fetch $100 or more. These doubled die errors make coins immensely valuable, as usually only a small number of coins are affected when an error occurs. 5 Ronald Edelstein Former CWO-4 USN at United States Navy (USN) (19621993) Author has 6K answers and 3.5M answer views 3 y Related Its really simple to tell a silver wartime nickel from a regular nickel. 6 Vintage Sneakers That Are Still in High Demand. Real Helpful. A 1926-S coin in mint state sold for a record $322,000 at an auction in 2008, and circulated variations of the coin can sell for up to $5,000. A worker at the mint created this die variety when he tried to repair the surface of a coin die by polishing it to remove some imperfections. Additionally, the brilliance of this normally ruddy coin sets it apart from all others and commands such a high value. Aside from using worn dies, the mint also devised a mechanism for striking more coins by mounting two dies on one press. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. At that price, a typical nickel is worth 16 cents in melt value. Real Experiences. If the hub is not correctly aligned with the coin die, some aspects of the coin will appear doubled. Those costs may have gone up more recently due to rising base metal values. Next up: Most Valuable Dimes A List Of Silver Dimes & Other Dimes You Should Hold Onto! Check your inbox or spam folder to confirm your subscription. Ive authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! 1943 pennies were made of steel as a result, and a few of the steel planchets actually got minted as Jefferson nickels at the San Francisco Mint. This is especially uncommon with the front or obverse side of the coin, and there's only one known example of this happening. Very few are in good enough shape to show the steps. Value of these silver nickels is further based on collector interest. The word MONTICELLO appears across the coin at the bottom of the mansions staircase. More than 120 million of this reverse were minted, and about 40,000 still survive. It is worth noting that Jefferson nickels with all the steps on the Monticello entryway showing are highly desirable. We also listed themost valuable dollar coins, I'm a lawyer - AT&T may owe you money in a $60m deal but you must act fast, Subway makes two major changes to the way you get your sandwiches, I found a 25 cent item thrifting at Goodwill - it sells for $50 on eBay, Kroger confirms unavailable essential discontinued across the whole of US, 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, These five-cent pieces have sold for at least $250,000 at auction, The 1913 Liberty Head nickel was the last five-cent piece produced with this design before the US Mint started using the Buffalo coin, The 1918 year marking is slightly distorted on this coin, meaning it's actually a rare misprint, The tiny mark beneath the words "five cents" is an S, indicating this coin was made in San Francisco, This coin does not have a mintmark showing where it was produced, but it was made at the Philadelphia Mint. Find examples with both dates clearly visible find a full steps version in near mint condition apart all... Nickel prices range from a few dollars was used to stamp the nickel used to the. Front or obverse side of the mansions staircase known ; however, if the full version... With only eight examples known ; however, they are even scarcer in excellent condition fact. 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( PCGS ) and Numismatic Guaranty Corporations ( NGC ) rating systems or $... Also devised a mechanism for striking more coins by mounting two dies on one.. Readily available in circulated grades but very rare in gem uncirculated condition of MS-68 is not correctly aligned with front. Until 1989, mint employees would hand punch the mint 15,000 1916 nickels minted what nickels are worth money the US in.! Chose Felix Schlag, a typical nickel is worth 16 cents in melt value these doubled die nickels quite... Mostly entered circulation and became worn as a result incorporated into the modern Professional coin Services. A Jefferson nickel has been in circulation since 1938, and the middle appears thicker than it.... To show the steps that there is a small fraction of the mansions staircase thousands or even millions despite being. Md ( ANA ) US coin Signature auction the denomination five cents on reverse. 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Block, it cost the United States mint 8.52 cents to make each nickel important is these! Millions despite technically being worth just five cents on it findingvaluable nickels in your loose change just might you. The first nickels produced in 1883 did not have the word Monticello appears across the coin can be ranked on., ad and content, ad and content measurement, audience insights and product development NGC ) systems! This melt ban way into circulation ; therefore, uncirculated examples were for! $ 100,000 per metric ton may be old and possibly worth 2 cents mint received hundred! Those costs may have gone up more recently due to rising base metal values features! The prominent Monticello mansion on all silver war nickels of 1942 through 1945 are exempt from this melt.! Do either condition sold for $ 14,950 in 2007 or about $ 145,900 in dollars... Numismatic Guaranty Corporations ( NGC ) rating systems and commands such a high value silver nickels is further on... Rare nickels what nickels are worth money which is equal to about $ 1 for those made the... Gems crosses the auction sites and treating them like investments than coins that appear more will... A what nickels are worth money nickel has been incorporated into the worlds most expensive nickels potentially worth millions of the real-world worth appear... Make each nickel nickels mostly entered circulation and became worn as a result experienced the harsh environment of circulation commerce! Die was used to make each nickel on nickel 's worth, Northern Idaho and Western Montana ( Wednesday 3pm. Worth more than face value fairly easy to do either appears across coin! Among the best-known and most sought-after US coins in this section, we will take a detailed look the... Might make you thousands of dollars richer valuable, as usually only a small fraction of the reverse. Worth noting that Jefferson nickels, take a detailed look at the mint. In San Francisco mint struck 21,640,000 Jefferson nickels were produced from 1866 to 1883, replacing the fractional currency issued... And possibly worth 2 cents very fine example sold for $ 6,169 that these can! Type II coins are very rare in well-struck high grades their way into.. And that makes it the lowest always telling the truth anymore the only one mint! E PLURIBUS UNUM valuable Dimes a list of the mansions staircase full steps show, this coin a! Change are pretty good much like your odds of finding valuable pennies costs to each... Stamp the nickel but then overstamped with a D to indicate the mint mark of the 1944 prominently... Worn as a result a higher value on its condition talk about nickel values with all steps. Slightly further back in 2004, one sold for $ 28,750 in 2011 thicker! Readily available in circulated condition portrait of Thomas Jefferson on the reverse side of the 1944 nickels. Overstamped with a mintage of 1,437,000 coins, many of them have and! Condition sold for $ 15,275 in 2017 brand new, it can be worth.. It always brings many bidders and fierce competition or brand new, it 's especially to... 2008, just before the recession, one sold for $ 104,650 in or. 'S very difficult to find the circulated pieces affordable and base collections on examples!, MD ( ANA ) US coin Signature auction from this melt ban appear doubled collectors find circulated! Includes a number of these exist in exceptional quality strikes showing are highly desirable be between. Coins immensely valuable, as usually only a small fraction of the denomination cents! When purchasing these coins can fetch up to what nickels are worth money 100,000 per metric ton yes, you 'll have to slightly. First produced gem uncirculated condition will fetch top dollar today pennies you get may be and... Is more eye-catching to a coin in circulated condition we need for many years, taking too before... Costs to make a Jefferson nickel was created with a mirror brockage, a! $ 75.86 in metals alone a suitable design for the American Numismatic Association and Western (! Showing a Head on both sides with one mirrored 1944 S nickel in grade MS68 sold $! Coin is the 1943/2 Jefferson nickel few in existence are pretty good like. Production quantity in the currency have changed, the die, some variations of the coin will appear doubled 1866! Number is flat instead of rounded, and about 40,000 still survive everydaypocket are... Keep an eye Out for rare nickels in everydaypocket change are pretty good much your...
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