1950-D Jefferson Nickel BU - CollecTons Keepers #9

Description: is proud to present CollecTons Keepers #9: 1950-D Jefferson Nickel Certified in Exclusive ANACS Brilliant Uncirculated Holder DESCRIPTION We are excited to release the ninth coin in the CollecTons Keepers program, an exclusive series only offered by CollecTons. The ninth coin we present, CollecTons Keepers #9 in Series, features the rare 1950-D Jefferson Nickel. Why is the 1950-D Jefferson Nickel a Coin Worth Keeping? The 1950-D Jefferson Nickel has the lowest mintage figure of any nickel in the Jefferson series. At 2,630,030, that equates to 1 nickel per 120 people in the United States. Compare that to the 20,460,000 1951-D nickels minted. Collectors quickly realized that the coin was going to be in high demand and began hoarding them. Collectors rushed to their local banks attempting to get their hands on this rare coin. Midwest banks had the largest supplies of undistributed coins and a few entrepreneurial individuals managed to acquire large quantities. These business men drove across the country during the summer of 1951 selling $2 face rolls for $5 - $7 each! One numismatist from Houston, Texas, A. J Mitula, is said to have procured over 1 million coins (over 1/3 of the entire mintage). He made so much money selling the coins that he bought a summer home on the slopes of Pike's Peak in Cascade, Colorado. He named the property "The house that the 1950-D Nickels built". Hoarding of the 1950-D nickel continued across the country, creating a frenzy of demand, a shortage of supply and sky rocketing prices. The price peaked in 1964 at $25 for a single coin. For perspective, $25 in 1964 is the equivalent of $100 today. Following the 1964 peak the market began to recede as dealers realized that the fad was slowing and the number of collectors began to fall (in 1965 the U.S. mint stopped putting the mint mark on Jefferson Nickels, causing collectors to dwindle). By 1969 the price had dropped to $12.50 a coin and by the mid 1980's the price was hovering around $6. Quite the ride for the 1950-D Nickel! It is often speculated that the coin was the most highly hoarded in the U.S. Mint's history. The low mintage and unprecedented hoarding has lead to the 1950-D being the Key Date coin of the series. Today, the 1950-D Jefferson Nickel is still a highly sought after modern rarity due its low mintage and high demands. It is an essential piece to any Jefferson Nickel set. Coin Specifications Year: 1950 Mint: Denver Mintage: 2,630,030 Designer: Felix Schlag Composition: .750 Copper, .250 Nickel Weight: 5 grams Diameter: 21.2mm Edge: Plain What makes the Collectons Keepers program special? Here at CollecTons, we work hard researching coins that should be part of every collection. Our goal is to utilize our knowledge in the numismatic industry to select coins worthy of being in everyone's collection! Therefore, the CollecTons Keepers program will only feature those Coins Worth Keeping. Each coin is hand selected and given to ANACS (America's Oldest Grading Service) for grading and authentication. The coins are then sealed in an ANACS certified proprietary slab holder for long-term storage, with our limited edition label marking it a CollecTons Keeper. Collect one or collect the entire series! PICTURES The following pictures are of the item for sale PAYMENT METHODS All payments must be made in U.S. Dollars and are due within 5 business days. Orders must be made with only one payment. Once payment for an order has been received, the order is considered complete and cannot be edited, combined, adjusted or canceled. We Accept PayPal. If you do not have PayPal: We accept all major credit cards issued by a U.S. bank or lendor. Orders must ship to the billing address on file with the issuing bank which will be verified upon checkout. There are three ways to pay by credit card: Use your Visa, Mastercard, Discover, or Amex directly through Ebay checkout. Call us and we will process your card over the phone. Email us and we will send you instructions for paying securely over the internet. SHIPPING & HANDLING - FREE SHIPPING within the Continental U.S. (lower 48 states) - APO and all other U.S. addresses not within the continental US: $5.00 per order (unlimited items) - We do NOT ship to international addresses. - All items are shipped insured via a private insurance company. - Typical delivery time is 1-2 weeks on all orders. RETURNS We guarantee your satisfaction and all products may be returned as long as they have not been removed from their original packaging. An RMA number is required prior to returning any items. You must contact us to receive an RMA number within fourteen (14) calendar days of receipt. Return must be postmarked seven (7) calendar days after receiving the RMA number. We recommend all returns be shipped back to us fully insured via a third party shipping agent. You accept the risk of loss and title on any item you ship to us prior to us signing for receipt. Our shipping and handling costs are non-refundable. A refund will be issued in the form of the original payment. Any order that was paid via mail will be issued a refund check in approximately 7-10 business days. Please be advised that 5% of the purchase price of the returned product will be withheld from the refund as a re-stocking and processing fee. TERMS We reserve the right to cancel orders or refuse service at our sole discretion. By purchasing items from us, you agree to abide by the terms and conditions as provided in the listing. Visit our Ebay Store for complete product listings and easy navigation!

Price: 26.99 USD

Location: Boulder, Colorado

End Time: 2023-11-16T20:04:09.000Z

Shipping Cost: 0 USD