2002-2023 LoveToKnow Media. 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. Step 1: Date and Mintmark Variety - Vintage nickels are identified and valued by date and mint variety. Certain coins gain and retain significant value over time, and collectors will pay top dollar for some coveted pieces. As it would turn out, human error reared its ugly head in this process and these 1942 nickels are the result. The mint changed the design to include that important word so that fraudsters couldnt try to pass them off for 5 dollars instead. 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. If you're extremely lucky one of the pennies you get may be old and possibly worth 2 cents. But perhaps most importantly, youll be able to check the change you receive to make sure nickels worth money arent hiding without your knowledge. The dollar coin strike is off center, so you can still see that the coin is also a nickel. Industrial production was primarily focused on producing war goods, and places of public entertainment were closing. 1924 S Buffalo Nickel - Worth $14,000. While there are a lot of different nickels on this list, one thing is clear. 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. Somehow, five known specimens of a 1913 nickel with the previous Liberty Head V design were created. The 1913 Liberty Nickel is not only the rarest nickel in the world, it is one of the most valuable coins ever. There are only five known 1913 Liberty Nickels and in May 2007, one was sold for nearly $5 million! 8.) How much your Jefferson nickel is worth will depend on factors such as its condition, the coins rarity, and the presence of significant errors. 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. 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. Jefferson nickels have been around for a long time, and they're in almost any handful of pocket change. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. A Few of These Nickels Are Worth a Small Fortune. The rarest Jefferson nickel in terms of the original minting, the 1950 issue from the Denver Mint was under three million minted. 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. 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. 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. 2.) The bottom line? Here is a rare example of one that was saved before it ever experienced the harsh environment of circulation in commerce. Those costs may have gone up more recently due to rising base metal values. The San Francisco mint in 1917 mostly produced poorly struck Buffalo Nickels. These doubled die errors make coins immensely valuable, as usually only a small number of coins are affected when an error occurs. My love for coins began when I was 11 years old. If you've got a few Jefferson nickels in your pocket, give them a closer look. Most coins minted in San Francisco in the 1940s were poorly struck, and the 1944 Jefferson nickels were no exception. 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). 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.. Im a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. 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. Even amid an economic downturn in 2008, an MS-67 grade example sold for a whopping $138,000, or about $185,300 in 2022 dollars. 2023 LoveToKnow Media. Or maybe it would be wiser to stick to the 1918 and 1919 nickels since they arent quite so rare. $4.15. In numismatic circles, 1944 nickels missing at least 50% of the design are highly collectible and are generally worth more. 1920 D Buffalo Nickel. She has also managed an online antiques community. Did you know that nickels are worth more than their face value right now? The King of 20th Century Coins is the 1913 Liberty Head nickel. New and beginning collectors find the circulated pieces affordable and base collections on nice examples. 14 Stylish Ideas to Repurpose Old Shutters. There are millions upon millions of nickels that have been created throughout the history of the United States. Continue with Recommended Cookies. There are 3mintmarks to look for on wartime nickels: For the record, the 1942 wartime nickel was the first U.S. coin on which a P mintmark was ever placed. He offered to pay the princely sum of fifty dollars per coin. In 1942, the Denver Mint stamped a few nickels with a horizontal D and then stamped over it with a normal D. It's estimated that only about 10 coins exist in perfect condition with this minting error, making this one of the rarest Jefferson nickels you can find. 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. 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. 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. An example sold in 2013 for $21,150. The Shield nickels were produced from 1866 to 1883, replacing the fractional currency notes issued prior. 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. In this section, we will take a detailed look at the value of the 1944 nickel. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! Read more in our privacy policy. There are numerous examples of these coins, and they can be worth between $50 and $100. Nickels minted in San Francisco in the 1940s were generally of a poor strike, with a low impression design and lacking luster. Currency is the thing that keeps the world running on almost every level. Find Out If You Have Any. A 1926-S coin in mint All Jefferson nickels minted between 1942 and 1945 contain 35% silver. WebFelix Schlag designed these coins. The other 75% is copper! One premium condition example of the 1964 nickel sold for $32,900 in 2016, equal to about $39,600 in 2022 dollars. And the rest is collecting history that rivals even some of the worlds most valuable paintings or the most valuable stamps. And the ol but theyre my coins and I can do what I want with them rebuttal isnt going to cut it not with the feds, anyway. Circulated coins are the ones that have been used in everyday transactions and are worth the lowest. Mint state silver nickels are a challenge to advanced collectors. You can purchase a well-circulated coin from a reputable coin dealer for just a few dollars. In 2008, just before the recession, one sold for $125,350, or $168,300 in 2022 dollars. $0.83. The new coin was a hit, and in 1867 and 1868, nearly 30 million nickels were minted! More than 50million nickels were minted in the US in 1926. The 1918-S Buffalo nickel is yet another example that was produced in somewhat low quantities, but the true rarity is because most are not well struck. Very few of these in top-collector quality exist today. 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. If you buy thru these links, we may earn a commission at no additional cost to you. A star separates the word LIBERTY and the date. For nickel collectors, 1913 is a noteworthy year. Web2019 S Jefferson Nickels -$02-015 $4.39 Seller: whcwa Condition: Proof 1945S Jefferson 35% Silver War Nickel NGC MS 66 Nice. Whys that?The Jefferson nickel has been in circulation since 1938, and it remained mostly unchanged until 2004. This means that if you can find one that is struck exceptionally well, you might have one of the most expensive nickels. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! One 1964 Jefferson nickel was created with a mirror brockage, showing a head on both sides with one mirrored. Sold: April 2008; Bowers & Merena, The April 2008 Chicago Rarities Sale. ; Records have also been broken in 2021 for the 1964 Nickel D/D grade MS65 selling for Value: $ 1,593. This error occurs when the coin and die are misaligned on the hub. However, not only is the surface of this coin problem-free, but it is also exceptionally well-struck. 1913 Liberty Head V Nickel - Worth $4,408,650. When one comes to auction, it is certain to realize a record price. These are usually the most expensive nickels you can find. They are very rare in near mint condition with crisp full steps. The nickel used to make the coins was diverted for war purposes. Also known as full-step nickels, these coins can fetch more than $100, especially for uncirculated, mint state coins. A particularly rare example to find with full steps, the 1953 issue of the Jefferson nickel from the San Francisco Mint can be very valuable. The Sunrevealedthe most valuable coins minted since 2020. Therefore, a majority of them are classified as circulated. The 1936 and 1937 three-leg nickels are great examples of how a small error from the mint has turned into big money. With over three million 1927-S Buffalo nickels minted, this hardly qualifies this coin as rare or scarce. Get expert tips for collecting and caring for your Depression glass. The melt value of a $100 box of nickels from 1946-2014 was $75.86 on June 26, 2019. Copper and Nickel Prices SOARING! You will also learn about the various errors that significantly increase your nickels value. This resulted in a still visible overdate with the 7 showing underneath the 8. In the collecting world, the fact that these little mistakes slipped through means big money. With a mintage of 1,437,000 coins, many of them have survived and are available to collectors today. Sold: April 2008; Bowers & Merena; The April 2008 Chicago Rarities Sale. The majority of nickels are worth between $0.05 and $1. Although 18,700 proof copies of the 1941 nickel were struck, most entered circulation. In addition, President Franklin D. Roosevelt greatly admired former President Thomas Jefferson and thought it fit to immortalize him on yet another U.S. currency. Basically, instead of relying only on spare change to look for old coins, Ill go to the local bank or nearby grocery store and ask forrolls of coins. How much is Dimes Worth? It's worth looking closely at 1964-D nickels just in case, since one in beautiful condition sold for $19,800 in 2022. Depending on the year, it can be somewhat rare for a Jefferson nickel to clearly show all the steps of Monticello on the back. All are worth 10 cents or more each. There are about 7,000 of these coins still in existence today, with around 6,900 of them in circulation. Well touch on the coins history and its physical characteristics. 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. While some 1964 Jefferson coins are nickels worth money that a lot of people can afford, there is a mysterious one that is one of the most expensive nickels ever sold on eBay. In circulation since 1938, the Jefferson nickel is something you see in your pocket change every day. Picture classified prices for other papers (minimum charge): All 10 cents per word after 30 words Mint state 1944 S nickels are worth significantly more, fetching upward of $1500. The 1944 P nickel value for circulated coins is between $1.25 and $3. Ive got the answer to that below! Meanwhile, if you happen to find one in average condition, the coin might only be worth $1.90, according to USA Coin Book. This area probably only is part of the most expensive nickels. In fact, the composition of a regular Jefferson nickel is just 25% nickel. This coin possesses all the qualities that make it a great rarity and commands such a high value. Not all 1942 nickels have the large mintmarks over Monticello. 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. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. Therefore, it is scarce in circulated grades and rare in mint state grades. This Philadelphia-minted nickel from 1887 features Liberty on one side and III on the other. Regardless, many of these coins circulated for years before being pulled and put in somebody's coin collection. The only difference is that the mint mark is larger and placed above the Monticello image. One interesting minting error is when the wrong year's die is used to stamp the reverse, or back, side of the coin. Most examples circulated for almost 15 years until Paul M. Lange of Rochester, New York offered an example for sale in an auction on March 1930. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. The 1971 no-S Jefferson nickel is worth about $1,000 and up.. 1975-D High D Mintmark The following are the most expensive Jefferson nickels sold. 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. Imagine - some of these valuable records could be rattling around in your attic. Like other coins, its made of a Still, old nickels are definitely worth holding onto, given their collectible value and, in some cases, rarity. 2005 Nickels Worth Money. Some Canadian nickels are known to be worth up to $10,000 and even the less rare iterations can still get you $100 or more. 25 Most Valuable Nickels (Updated 2021) 1.) The word MONTICELLO appears across the coin at the bottom of the mansions staircase. The coins denomination, FIVE CENTS, is inscribed right below the mansions name. 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. 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. If we had a time machine and could go back to 1913, maybe it would be worth it to find out who struck the Liberty Head V nickels and ask them to make a few more for you. Real People. You can identify the 1944 S nickel by its low relief or weak impression. Very few are in good enough shape to show the steps. You can identify these by looking carefully at the steps of Monticello. Locating nickels with an interesting history isnt always easy to do either. The 1944 P nickel value for circulated coins is between $1.25 and $3. 3. Those with full steps in excellent condition are hard to find, and they tend to fetch high prices at auction. The nickel has had many designs over the years, but the Jefferson version is what most people associate with the five-cent coin in the United States. Specifically, the denomination FIVE CENTS and minor doubling on the motto E PLURIBUS UNUM. The coin, which features a portrait of Thomas Jefferson on the front, became the official nickel design in 1938. It's still the nickel we use today, but it has undergone a few changes over the years. If you can get your hands on a 1964 SMS special strike nickel, you might be sitting on gold. The Jefferson nickel from 1944 comprises 56% copper, 35% silver, and 9% manganese. 1937 D 3 Legs Buffalo Nickel. Watch our for counterfeits, but in 2015 a prime example of the 1937-D Buffalo Nickel Three Legs sold for $88,125, equal to $107,500 in inflation-adjusted 2022 dollars. As the metals in the currency have changed, the metal value of coins have changed as well. At that price, a typical nickel is worth 16 cents in melt value. These imperfections must have been substantial because the worker polished the die beyond usual standards. 1927 S Buffalo Nickel - Worth $5,000. Unfortunately, between the mid-1800s and the late 1800s, the United States Mint only produced Proof coins to the demand of collectors. That year, the Philadelphia, Denver, and San Francisco mints struck the Jefferson nickels, resulting in three varieties. All in all, 1944 nickels are worth more than face value, which is good news. These are the 3 types of nickels you should be saving: All the Jefferson nickel valueslisted below are for coins in average circulated condition. One way to recognize an altered coin is to look for what appears to be a stream of water coming from the buffalo's belly. In fact, at one point, the value of nickel went to $100,000 per metric ton. 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. The mint mark, whether P, D, or S, appears prominently on the reverse at the top-most point of the Monticello. The first D, for Denver mint, was placed horizontally, and then punched again on the die, creating valuable rare nickels wanted by collectors. Having said that, erosion can cause some of these same problems, so you need to know what is original and what isnt. 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. Read our earnings disclaimer to learn more. 1913 and 1914 proved to be important years for nickel collectors. 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. 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. 6 Vintage Sneakers That Are Still in High Demand. Stick to collecting U.S. nickels, not melting them!Time to Start Hoarding Nickels? WebWhat nickels are worth holding onto? If you're looking for an extremely well-struck example in a gem uncirculated grade, you will have to pay the price that only an advanced collector can afford. Advertise a display every week and get a monthly 10% discount. The first with Five Cents on it, which was later removed for fear of degradation in favor of the Type 2. While overstamps like this are very rare, they are even rarer with two separate years. These Type II coins are extremely rare in gem uncirculated condition of MS-68. Environment of circulation in commerce as full-step nickels, these coins circulated for years being... Was 11 years old occurs when the coin and die are misaligned on the motto E PLURIBUS UNUM $!. Something you see in your pocket, give them a closer look these mistakes. Big money error reared its ugly Head in this section, we may earn a commission at additional... 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