It seems like it is kind of hard to find those nickels in good shape.
Many of the Liberty and Buffalo Nickels that are around have been in circulation, meaning that people were using them as actual currency instead of collecting it and keeping it in pristine condition. It is very rare to find coins that old in uncirculated condition.
Are they worth more than nickels after 1960? I already know war and buffalo nickels are worth some $. But if I’ve got a lot of pre 60s nickels then what do I do with them?
Probably the wrong area for your question, as this does not pertain to mathematics. However, some info for you:
Some pre-1960 nickels may be worth more than post-1960 nickels, however there are many factors involved. There are also two different definitions of "worth". The first definition would be the actual value of the metal that goes into making the nickel. The second definition would be the actual amount of money anyone out there would be willing to pay you for your nickel (i.e. a coin collector). So, along these lines:
1. the value of the metal itself. wartime nickels (1942-1945) were made with 35% silver content. This precious metal in itself makes these nickels more valuable than a nickel you’d find in your pocket change right now.
2. for coin collectors, the condition of the nickels will also be a big factor in their worth. If a nickel has been in circulation for a long time and is very worn, it will be worth far less than a nickel in pristine condition. There are companies out there that, for a fee, will assign a grade to your coin. This allows coin collectors to know the condition of your coin without having to look at it themselves. www.pcgs.com is one of the leading coin grading companies out there. If they happen to grade your nickels perfect (grading is based on a scale from 1 to 70, with 70 being perfect), it will command a significant premium over other coins.
3. the other main factor in determining the worth of your Nickels (for coin collectors) is the rarity of the nickel. Even some of the buffalo nickels from 1913-1938 aren’t very rare, and might only be worth slightly more than a nickel to collectors if they’re in very worn shape. However, when the US Mints are pressing coinage, some mints make more coins than other mints. For old buffalo nickels, the majority were made from the Philadelphia mint, however some were also pressed at the San Francisco mint, and some from the Denver mint. The ones from the San Francisco mint have an "S" mint mark on them, while the ones from the Denver mint have a "D" mint mark on them. The ones from Philadelphia do not have any mint mark. Because there were fewer coins put in circulation from the San Francisco and Denver mints for these years, these coins will generally command a premium over coins minted from Philadelphia.
Anyway, there you go for starters. It’s not as simple as it would seem to be. However, if you’re inquiring about standard Jefferson nickels pre-1960 (and not wartime nickels) that are worn from circulation, then your answer would be no, they’re not really worth more than nickels from after 1960.
I know it is a oxen on the nickel. The lady in the cafeteria gave me one today not knowing what it was. The date is un-readable from age. I need to know when they stoped making it so i can assume it was the latest date. I would like you to include a link. Also one to a good coin site.
Indian Head 5 cents a.k.a. Buffalo Nickel :
The animal depicted
=> American Bison
Minted from
=> 1913 to 1938
Minted at
=> Philadelphia, Denver and San Francisco
Metal composition:
=> 75% copper, 25% nickel
Varieties
=> Type 1:Bison on mount http://www.buffalonickel.com/images/260_BN1913_T1_1r.jpg
=> Type 2:Bison on plain http://en.wikipedia.org/wiki/Image:1935_Indian_Head_Buffalo_Nickel.jpg
Value
=> Dateless "Buffalo Nickels" are about 5 to 10 cents the most.
Website links & Articles
=> http://www.buffalonickel.com/
=> http://www.scvhistory.com/scvhistory/signal/coins/sg091705-coins.htm
=> http://www.collectorusa.com/articles/buffalo5c.php
i started to collect Nickels and i need to know how to find the value of certain years and also how to find the serial number for each year?
The only nickels worth anything in this range of years, are the silver war nickels 1942-1945 and the 1950-D. The war nickels sell for.75 to around $3.00 in high circulated grades. The 1950-D sells for around $16.00 in uncirculated. These are retail so you would get at least 40% less. I gave you the uncirculated price of the 50-D, for most were saved and it is hard to fine a circulated one. Nickel do not have serial numbers, but do have mint marks. The war nickels have the mint mark over the dome on the reverse of the coin. The other years have it to the right of the building and it is small. In 1968 the mint mark was moved to the obverse next to the date. A large P or no mint mark means it was minted in Philadelphia, a D large or small in Denver and an S large or small in San Francisco. Unless the coins are in high mint state grade or are some of the rarer types, the set is not worth a lot. If you have the 1943/2-P over date, 1943P double eye,1945-P double die reverse or the 1949-D over S these command a larger premium. Either at a coin dealers shop, or magazine store, try to find a price guide magazine like Coin Worlds Coin Values. If you intend to collect coins it would not hurt to get what is called a Red Book, for it is full of information even though the pricing may be off some. It is printed once a year and things happen. See a coin dealer for the book.
What do you buy with your loose change?
I used to by slices of pizza at a pizzeria when I filled an old camera film container with change, how about you?
I save them up, put them into coin rolls and take them to the bank to exchange them for notes.
How rare are them?
Try EBay, you may be able to locate them there.
merchant accidentally interchanges the Quarters with Nickels. It turns out that the merchant overpays the customer by $9. How many quarters and nickles were given?
q = quarters
n = nickels
0.25q + 0.05n = 20
0.25n + 0.05q = 29
Solve those two equations together to get the answer.
********
Multiply both by 100 to get rid of decimals
25q + 5n = 2000
25n + 5q = 2900
Divide all by 5 to simplify
5q + n = 400
5n + q = 580
Solve top one for n
n = 400 – 5q
Put that in bottom one
5(400 – 5q) + q = 580
2000 – 25q + q = 580
-24q = -1420
q = 59.166667
(this doesn’t make any sense – you’d need the answer to be a whole number.)
*********
say q = 60… that’s $15
then n = 100… that’s $5
But if q = 100… that’s $25
then n = 60… that’s $3 for a total of $28.00
What if
q = 59… that’s $14.75
then n = 105 for $5.25
then
n = 59… that’s $2.95
and q = 105, that’s $26.25
for a total of $29.20
***************
So, your problem has a typo. Either the clerk overpaid by $8 or by $9.20 – he couldn’t have overpaid by $9 exactly.
I do not necessarily need the answer, just the steps. I cannot figure out this problem.
Let x = amount of quarters and y = amount of nickels
Since a quarter is 25 cents and a nickel is 5 cents. Since this totals to 510 cents, we have:
25x + 5y = 510
==> 5x + y = 102
Since the amount of coins sums to 30, we have:
x + y = 30
So we have the following system of equations:
{ 5x + y = 102
{ x + y = 30
Subtracting these two equations gives:
4x = 72
==> x = 18
So:
x + y = 30
==> 18 + y = 30
==> y = 12
Therefore, you can make $5.10 out of 18 Quarters and 12 Nickels.
Check:
$0.25(18) + $0.05(12) = $4.50 + $0.60 = $5.10
It checks!
I hope that helps!
I know it’s the number of nonnegative integer solutions to the equation 10N + 5D + 25Q = 50, but I don’t know how to find it. Thanks!
[QQ]
[QNNNNN]
[QDNNN]
[QDDN]
[DDDDD]
[DDDDNN]
[DDDNNNN]
[DDNNNNNN]
[DNNNNNNNN]
[NNNNNNNNNN]
10 ways.
I need an equation with it please.
50cents = 25a + 10b + 5c
a= number of quarters, b = number of dimes, c = number of nickels
a= 0, b= 0, 1, 2, 3, 4, 5 therefore there are 6 choices with no Quarters
a= 1, b= 0, 1, 2, therefore there are 3 choices with 1 quarter
a = 2, b=0, c = 0, therefore there is only 1 choice with 2 quarters.
(Since the amount of change left over has to be made up by nickels, that is the number of nickels is dependent on the number of dimes, the number of possible combinations doesn’t change. If you include pennies, then you have to carry the whole process out again with the number of dimes, then the options of the number of nickels with the number of Pennies dependent upon the number of nickels!)
SO, there are 10 combinations of quarters, Dimes, and nickels that add up to 50 cents.
PHEW!!!