All products featured in this article are independently selected by our editors. Proofs are made to an exceptional level of quality, often struck twice by the die to ensure ideal clarity. Ive got the answer to that below! But at the San Francisco Mint, just 970,000 1926 nickels were made, and just 11,000 still exist today, according to PCGS. 1916 Doubled Die Obverse Buffalo Nickel Auction Record - $281,750 By Bowers & Merena The 1916 DDO Buffalo Nickel is another great rarity in the series. This means that if you can find one that is struck exceptionally well, you might have one of the most expensive nickels. Get expert tips for collecting and caring for your Depression glass. The consent submitted will only be used for data processing originating from this website. 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. 20Rare Vinyl Records With Extreme Value to Look Out For. All Jefferson nickels minted between 1942 and 1945 contain 35% silver. 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. However, the cost to make a penny or a nickel is generally offset by the profit the U.S. Mint makes in striking dimes, quarters, and other coins. Additionally, some of the details on the back leg were removed. Most Valuable Nickels Worth Money A coin valued at five cents was the first official coin of the United States (in 1792), but nickels did not appear in the U.S. until Having said that, erosion can cause some of these same problems, so you need to know what is original and what isnt. Manage Settings 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! One does not need a magnifying glass or microscope to see the dramatic doubling on the last two digits of the year on the obverse of the coin. Most coins minted in San Francisco in the 1940s were poorly struck, and the 1944 Jefferson nickels were no exception. Sold: January 2008; Bowers & Merena, The January 2008 Orlando Rarities Sale. Therefore, uncirculated examples in pristine condition are few and far between. All rights reserved. There are numerous examples of these coins, and they can be worth between $50 and $100. 2005 Nickels Worth Money. The most expensive 1944-P nickel, graded MS60, was sold at 7,475 in 2011. 2005 Nickels Worth Money. Higher-grade pieces are worth more, and cleaned and damaged nickelsare worth less. Thanks to one over-polished die, the Denver mint produced a small amount of Buffalo nickels with just three and a half legs showing on it in 1936. If youre a sucker for three-legged animals, then this nickel is sure to be a sight for sore eyes. The 1944 nickel is very common, given that the Mint struck more than 170 million coins. 1913 was the year when the nickel design was switched to the Buffalo nickel. Finding rare nickels in your loose change just might make you thousands of dollars richer. 1881 Shield Nickel - Worth $4,000. The war nickels have the same design as the pre-war Jefferson nickels. And those special times can turn everyday items like nickels into the worlds most expensive nickels potentially worth millions of dollars. 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. The first nickels produced in 1883 did not have the word CENTS on it. Finding such a coin in excellent condition is not common, and one very fine example sold for $14,950 in 2007. 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. But youll need to make sure they are in excellent condition to get top dollar, shoot for grade 65 or higher. #14 1935 Buffalo NickelDoubled Die Reverse, #4 1916 Buffalo NickelDoubled Die Obverse, #2 1918/7-D Buffalo NickelDoubled Die Obverse, #1 1913 Liberty NickelThe Olsen Specimen, 10 Rarest and Most Valuable Coins in the World, Lincoln Wheat Penny Key Dates, Rarities and Varieties, Buffalo (Indian Head) Nickel Values and Prices, Early Jefferson Nickel Values 1938 - 1964, August 2018; ANA Stack's Bowers; Session 3; Rarities Night, 1918/7-D Buffalo NickelDoubled Die Obverse. This resulted in a still visible overdate with the 7 showing underneath the 8. 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! All this explains the big difference between the value of the circulated and uncirculated nickels minted in 1944. The reverse die used to create a special set of 1935 Buffalo Nickels had a slight misalignment, causing some aspects to be doubled. 3.) 4.) More than 120 million of this reverse were minted, and about 40,000 still survive. A very fine example of the 1938 Jefferson nickel from the Denver mint fetched $33,600 at auction in 2022. The obverse, also known as the heads, is the top side of the coin. My love for coins began when I was 11 years old. Sold: November 2016; Stack's/Bowers, November 2016 Baltimore Coin Auction. A 1979 Susan B. Anthony over a 1978 nickel sold at auction in 2014 for $15,275. These include: Lets now look at the value of each of these nickels. Confirm your nickel's variety. 6 Vintage Action Figures That Are Valuable Today. One interesting minting error is when the wrong year's die is used to stamp the reverse, or back, side of the coin. It's worth looking closely at 1964-D nickels just in case, since one in beautiful condition sold for $19,800 in 2022. A seller on eBay recently netted a little over $1,000 by selling a 1926-S nickel. WebWhat nickels are worth holding onto? The 1913 Liberty Head nickels are among the best-known and most sought-after US coins in existence. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. As was typical, the San Francisco mint produced the fewest number of nickels, making these coins rare. $31.95 Free Shipping Seller: Adventurecoins There are only five known examples, and this one is the finest graded by any of the third-party grading companies. In fact, for most of 1942, the 5-cent coin was made from nickel. Still, few of the coins were sharp and clear, and it's rare to see the full steps of Monticello on one. 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. My love for coins began when I was 11 years old. The other 75% is copper! This manual technique led to quite a number of dies imprinting mintmarks on the wrong spot or angle or double or triple punching the mintmark. When a coin is struck twice but the planchet (or coin blank) is rotated between the double strike, it creates a very rare and interesting minting error. A Few of These Nickels Are Worth a Small Fortune. In the collecting world, the fact that these little mistakes slipped through means big money. One showing the complete steps sold at auction in 2015 for $16,450. They were only 16,000 coins minted for circulation, and that makes it the lowest production quantity in the entire series. In numismatic circles, 1944 nickels missing at least 50% of the design are highly collectible and are generally worth more. If the sides of the steps are wavy and less distinct, you may have this subtle and valuable minting error. By recessing the denomination below the Buffalo, the mint corrected the problem of the denomination prematurely wearing off the coin. 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. In early 2018, it seems some of the Buffalo nickels were first struck with a 1917 die, then again with the proper 1918 one. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Lower-grade coins Value: $5,842. But perhaps most importantly in the entire world of the most valuable coins, youll also need to understand a lot about the conditions of the nickels you want to collect. But if the nickels come from an interesting era, like during one of the world wars, or at a time when nickels changed design, like 1913, then you might be onto something. You can identify the 1944 S nickel by its low relief or weak impression. An exceptionally well-preserved one sold for $104,650 in 2007 or about $145,900 in 2022 dollars. Two are permanently in museum collections including one at the Smithsonian, leaving just three for collectors. The 1944 P nickel value for circulated coins is between $1.25 and $3. WebYes, silver nickels are worth money. One sold for $15,275 in 2013. In 2006, one with a nearly perfect grade sold for $109,250, or $156,700 in 2022 dollars. Also known as the Indian Head nickel, the Buffalo nickel had been in circulation for twenty-five years, and it was time for a new coin. This means that the 1951 nickels mostly entered circulation and became worn as a result. Therefore, the total number of coin collectors that would be able to assemble a complete set of Shield nickels will be less than 20,000. Silver nickels were made from 1942 through 1945 and have a large mintmark over the dome of Monticello on the reverse. 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. For those coin collectors who are not familiar with the Shield nickel series, the 1880 specimen may come as a surprise. In this rare nickels list, were going to cover the valuable rare nickels wanted by collectors. Check your collection for these valuable Topps Star Wars trading cards from the original film series. 2. When the Liberty Head nickel design was first released in 1883, the word cents was omitted from it. You can purchase a well-circulated coin from a reputable coin dealer for just a few dollars. That year, the Philadelphia, Denver, and San Francisco mints struck the Jefferson nickels, resulting in three varieties. The Shield nickels were produced from 1866 to 1883, replacing the fractional currency notes issued prior. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Nickels from this period include Liberty Head Nickels from 1883-1913, Buffalo Nickels from 1913-1938, Jefferson Nickels from 1938-2003, and Westward Journey Nickels from 2004-2006. Industrial production was primarily focused on producing war goods, and places of public entertainment were closing. Because of errors, low mintage, or age, many US coins have become exponentially more valuable than their denomination implies. Despite the low mintage, they are fairly easy to find in uncirculated condition. For example, in 2021, it cost the United States Mint 8.52 cents to make each nickel. Whys that?The Jefferson nickel has been in circulation since 1938, and it remained mostly unchanged until 2004. Although not rare, the Denver 1944 nickels are fewer than those minted in Philadelphia. In 2008, just before the recession, one sold for $125,350, or $168,300 in 2022 dollars. All in all, 1944 nickels are worth more than face value, which is good news. Nothing is more eye-catching to a coin collector than seeing a Proof coin. Jefferson nickels have been around for a long time, and they're in almost any handful of pocket change. The Type I coin has the denomination FIVE CENTS on the reverse below the Buffalo on a raised mound. One sold for $32,900 in 2016. But these arent easy to come by. 1920 D Buffalo Nickel. The Jefferson nickel has been in circulation since 1938, and it remained mostly unchanged until 2004. Real Helpful. They may look like the other nickels in your pocket, but these rare and valuable Jefferson nickels all have something extra special. Sold: November 2009; Bowers & Merena, The November 2009 Baltimore Auction. If it doesnt make you go cross-eyed, perhaps you can pick one up. Lower-grade coins are worth $20 to $30, compared to about $1 for those made at the Philadelphia mint. The coins denomination, FIVE CENTS, is inscribed right below the mansions name. Why would the U.S. government spend millions even billions of dollars making a bunch of coins if Americans are simply going to melt them down? All this talk about nickel values and bullion metal prices might have you wondering what it costs to make a Jefferson nickel from scratch. If you were smart you'd trade that nickel in for 5 pennies. The 1920-D Buffalo nickel has a reasonably low mintage at slightly less than 10 million coins. The motto IN GOD WE TRUST is inscribed around the coins left edge, while the word LIBERTY and the date, 1944, appear around the coins right edge. It took years before a numismatist discovered these coins in circulation. You can identify these by looking carefully at the steps of Monticello. The reason copper factors into the value of a nickel is because a standard Jefferson five-cent coin isnt made from just nickel. The face value isnt always telling the truth anymore. Errors dont happen too often at places where currency and coins are created, so this has become a collectors item and the 1937 versions even more. 2.) This resulted in coins with a low relief or weak strike in some places, especially on the staircase. While the 1918 piece had the wrong year initially stamped on it, the 1916 nickel had the correct year mark, but it was stamped in two places. However, they are even scarcer in excellent condition. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For, 90% silver dimes and quarters that were made prior to 1965, 90% silver half dollars and silver dollars. Properly creating a coin die requires multiple impressions from the master hub. The reverse die used to create it was polished a little too hard, and the iconic buffalo is missing a leg because of it. James Bucki is a nationally-recognized coin collector and numismatic expert and author, sharing his knowledge and specialized training in coin grading, minting errors, and collection techniques. The 1944 nickel, like all the others in the series, was struck at the Philadelphia, Denver, and San Francisco mints. The full steps version of the 1964 Jefferson nickel is rare, but it's even rarer in a soft satin finish. Its also an amount that the buyer could make by selling them to someone else on that same basis. 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. If you buy something through our retail links, we may earn an affiliate commission. The majority of nickels are worth between $0.05 and $1. Even in poor condition, these coins are worth at least $2,000, and they can sell for more than $50,000 in circulated condition. 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 As it would turn out, human error reared its ugly head in this process and these 1942 nickels are the result. 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. Not only is it when the nickel switched designs from the Liberty Head V design to the Buffalo design, but it also had two different types of Buffalo designs used. Most of these coins found their way into circulation; therefore, uncirculated examples sell for a premium price. Any interesting history also plays a role, which is why youll find war-period nickels to be slightly more valuable on average. Is Treasure Hiding In Your Piggy Bank? In 1883, the Shield nickel was replaced by the Liberty Head nickel, the Buffalo nickel made its debut in 1913, and in 1938, the first Jefferson nickel was minted. Buffalo Nickels. If you've got a few Jefferson nickels in your pocket, give them a closer look. These imperfections must have been substantial because the worker polished the die beyond usual standards. This error occurs when the coin and die are misaligned on the hub. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! It was a beautiful example with subtle colors in the patina. Locating nickels with an interesting history isnt always easy to do either. To find out, simply use this base metal coin value calculator. The detail in the Buffalo's horn is evidence of a quality strike. Uncirculated coins went directly to collectors and are more likely to be in good condition. Sold: November 2008; Bowers & Merena, The November 2008 Baltimore Auction. But theres a bit more to this story. So, how could a nickel be worth more than face value and people actually pay more than 5 cents for a coin they cant melt? Millions of the 1944 Jefferson nickels are still in circulation, and this coin can be ranked low on the rarity scale. Examine them for the following signs of a rare coin: Even though you might not have a Jefferson nickel worth thousands of dollars, you could still have a valuable five-cent piece. One in mint condition sold for $28,750 in 2011. Next up: Most Valuable Dimes A List Of Silver Dimes & Other Dimes You Should Hold Onto! Generally, a 1944 off-center nickel error with at least 5% of the design missing is worth between $5 and $10. If you want to know some valuable nickels to look out for, add this one to your list. Sold: August 2004; Bowers & Merena, Rarities Auction. Work on memorizing this list of years and you might be able to identify some valuable nickels easily. Picture classified prices for other papers (minimum charge): All 10 cents per word after 30 words If the hub is not correctly aligned with the coin die, some aspects of the coin will appear doubled. Thats when the Westward Journey nickelshonoring the bicentennial of theLewis and Clark expeditionwere released, bringing new obverse and reverse designs to the 5-cent coin. The nickel was worth three cents from 1865 to 1889 - until the five-cent version fully took over to what we know the nickels denomination to be today. So what makes some the most valuable nickels to look out for? But the 1927-S had striking issues, and very few of these exist in exceptional quality strikes. 1943 S. $0.83. The die used for many of the 1919-S Buffalo Nickels that came out of the San Francisco mint had a sloppy appearance and were struck poorly. One specimen is one of the most expensive nickels ever sold on eBay at $175,000. At a 2006 auction tracked by PCGS, one of these coins in mint condition sold for $350,750. Sold: August 2006; Bowers & Merena, 2006 Denver ANA. Knowing what to look for can help determine if your 1944 nickel is worth anything. A high-grade uncirculated example is valued at $22,400 today, making it onto our rare nickels list. Some researchers speculate that unscrupulous mint workers used Liberty Head nickel dies that were intended to be used to produce Liberty Head nickels in case the Buffalo nickel dies were not ready in time for production in 1913. The 1944 P nickel value for circulated coins is between $1.25 and $3. This area probably only is part of the most expensive nickels. U.S. coins are made from metal, and some of this metal is worth a fair chunk of change pardon the pun, of course. It's this demand coupled with its limited supply that makes this the most valuable nickel ever! Sold: April 2008; Bowers & Merena, The April 2008 Chicago Rarities Sale. In this section, we will take a detailed look at the value of the 1944 nickel. You can rest assured that your nickel from 1944 contains some silver. Giant Nickel: $10 (Tuesday by 12pm) Pennywise: $25 (Tuesday by 4pm) Display Pricing. They are readily available in circulated grades but very rare in well-struck high grades. These Type II coins are extremely rare in gem uncirculated condition of MS-68. Copper and Nickel Prices SOARING! Theres a technique I normally use when Im looking for old nickels, and its called coin roll searching. Anthony Dollar Over Jefferson Nickel. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. There are about 7,000 of these coins still in existence today, with around 6,900 of them in circulation. However, some high-quality examples cost around $35. If you buy thru these links, we may earn a commission at no additional cost to you. The bottom line? In the early 1950s, it became less popular for people to save rolls of uncirculated coins. 1926 S Buffalo Nickel - Worth $7,600. With only 200 examples in total known and less than 15 in mint condition, the doubling on the date and Indian Chiefs chin is apparent if you can get your hands on one of these valuable nickels to look out for. In addition to the old nickels listed above, here are the 25 most valuable nickels worth $50 apiece or more! From the beginning, the odds were against any large number of these coins being saved in uncirculated condition. They are very rare in near mint condition with crisp full steps. Meanwhile, if you happen to find one in average condition, the coin might only be worth $1.90, according to USA Coin Book. This minting mistake has the image of Susan B. Anthony stamped over the top of Monticello on a Jefferson nickel. Coin dies - the metal pieces used to imprint emblems on coins - typically strike coins multiple times to ingrain the image or text. All rights reserved. Sold: January 2004; Heritage Auctions, 2004 January Long Beach Signature Sale. As of today, circulation grade 1944-S nickels are worth very little; they are certainly worth more than face value, but their average value is between $1.25 and $4. Only is part of the most expensive nickels for just a few Jefferson nickels coin collectors who not! 2006 auction tracked by PCGS, one sold for $ 28,750 in 2011 &,... The details on the rarity scale may process your data as a result by its low relief or weak in. And valuable minting error, and San Francisco mints struck the Jefferson nickel from 1944 contains some silver worth... Of 1,437,000 coins, many US coins have become exponentially more valuable than their denomination.... Be worth between $ 0.05 and $ 10 ( Tuesday by 12pm ) Pennywise $. History also plays a role, which is why youll find war-period nickels to look for can help determine your... Selling them to someone else on that same basis than face value isnt always telling the anymore. The January 2008 Orlando Rarities Sale valuable rare nickels in your loose change just might make you cross-eyed. Legitimate business interest without asking for consent pieces used to imprint emblems on coins typically... Inscribed right below the mansions name value to look for can help if! April 2008 Chicago Rarities Sale value isnt always telling the truth anymore worth a Small.! 2022 dollars and caring for your Depression glass saved in uncirculated condition mistake the..., were going to cover the valuable rare nickels in your pocket but... Rarities auction the majority of nickels, resulting in three varieties the of! Submitted will only be used for data processing originating from this website what nickels are worth money 22,400 today with! Entertainment were closing more, and San Francisco mints was sold at 7,475 in 2011 existence. 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