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Showing 2 results for the tag: nickels.
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Errors Found in Search of Nickels (7/25/08)
Errors in some circulated nickels were found recently by a Florida coin collector. The message here is that when cherry-picking coins, not only should one look for the brilliant uncirculated but also for errors. These errors happen to be in Jefferson nickels, which are his pendchant, and fortunately for him. One good find was a 1996-P Jefferson nickel which was struck twice.
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Will we Soon See Steel Cents Again? Also Steel Nickels? (5/19/08)
Legislation in Washington DC has been passed, approving the reduction of expense of minting pennies and nickels. Steel has ultimately been the metal chosen to mint these two denominations of coinage within the next two years. In fiscal year 2007 it cost nearly 2 cents to make one cent and 10 cents to make a nickel. This needlessly cost taxpayers $100 million last year alone.
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