Nickels worth keeping

23.03.2021 Comments

A coin valued at five cents was the first official coin of the United States inbut nickels did not appear in the U. On May 16 of that year, Congress passed an act to usher in the new five-cent coin, made of 25 percent nickel and 75 percent copper. Over the next seven years, the Mint produced nickels and silver half dimes, before phasing out the half dimes. There are four basic nickel designs: Shield, Liberty, Buffalo and the Jefferson, with only slight variations in early coins.

The value of coins varies by demand and is influenced by rarity and condition. In the U. Coins rated 60 or higher are referred to as "mint" state coins.

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Gem coins are rated 66 or higher, and they possess exemplary strike and luster and no noticeable abrasions. Very few of these coins remain at the gem level, and only two are certified at a higher grade than this one. Three different obverse dies were used to produce the Rays Shield nickel proofs.

Due to a design issue, the coinage dies failed early, resulting in the decision to remove the rays from the coin mid-year. This coin appears to be struck from Die State 1.

nickels worth keeping

The frost on the surface of this coin elevates it to a cameo designation. Cameo is the amount of contrast between the relief raised or recessed design and field background. While common among circulated coins, the S is rare in mint state and one of the rarest Buffalos when in gem condition, with only three other Buffalo years rarer.

This coin is graded gem quality, making it the rarest regular strike Buffalo nickel between and Restrikes were apparently produced later.

This coin has a frost, which provides a cameo effect on each side. This coin, the finest certified by both major services, is well struck with an unusually sharp image and has only a small amount of die erosion. About 9.

This nickel is rarer that all of the to D nickels with the exception of the D, which is equally as rare. While the D is not quite as rare as the S, it is one of the most difficult Buffalo nickels to find in any condition. This coin is of the highest quality and as such is equal in rarity to most other early nickels from these mints.

This mint condition coin is one of two determined to be of the highest grade for a nickel of this year. In circulated condition, there are only to of these nickels, with no more than 10 coins in mint condition.

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Though it has a small corrosion mark on the obverse, it is still considered one of the finest examples that remain. Only about examples of this coin are known to exist, with less than 15 in mint condition. This coin is one of the two finest examples.

The S is the rarest non-variety Buffalo nickel, even in circulated grades.

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A 7 can be seen under the 8 in the date. Since so many World War I soldiers overseas had at least a few small coins in their pockets, there was a shortage of nickels in and The rush to produce more coins resulted in a hubbing error in late A die that had already been impressed with "" was also impressed with "," resulting in an overdate.

While the exact mintage is uncertain, it is estimated atcoins. An estimate of those surviving in mint condition is about two dozen. Those that were circulated often are dateless due to wear.Below is a list of the most valuable Jefferson nickels, presented in ascending order.

Prices have been updated to reflect the current market.

The 15 Most Valuable Jefferson Nickels: Complete Price Guide

Decades of experience from numismatic experts informed the research for this list. The images and explanations are a great way to learn more about modern coin collecting! All values are for coins grading Mint State 65 MS Higher grade examples and those with the Full Steps designation will exceed these prices. Image: PCGS. The "S over D" variety of the S is another example of a mintmark error. You will typically find the bottom of a "D" jutting out from below the "S.

Back then, branch mints would simply stamp over an existing mintmark on a die when necessary. Circumstances such as a tight production schedule or a worn-out die might have forced a mint to do so. The sharper reverse design used for these proof coins was introduced in the middle of It was unchanged until This is an example of an overpunched mintmark.

Early Jefferson Nickel Values 1938 - 1964

As the rest of this list will reveal, it's not a particularly uncommon type of error. In the photo above, you can see the faint shadow of an "S" behind the outline of the "D" mintmark. It is found on the right side of the reverse. Because it was struck using the old reverse die ofthe proof Jefferson nickel shows less detail than later issues. Despite being a proof coin, which generally exhibit higher quality strikes, these Jefferson nickel proofs show softer details due to using worn-out dies.

Like the spooky "Doubled Eye" nickel, this is another doubled die error. It appears on the reverse design. It's also the last year silver nickels were produced. The most famous doubled die variety on a U.

The most modern coin on the list features what looks like a spear running through the bison's back due to a die gouge. This one-year issue was part of the new set of "Westward Journey" designs minted from to Accurate data for these two questions is not always forthcoming. A lot of sleuthing may be required! Values are based on the best possible estimates. Usually, it was easier for the mint to replace one digit of the date rather than use a whole new die. However, in this case, the entire date all four digits has been stamped over the previous year.

However, some 1, proofs were mistakenly struck without the "S" mintmark. This is a tricky "error by omission. Such errors have cropped up on other denominations, as well.Log in or Sign up. Coin Talk. Log in or Sign up to hide this ad. I would recomend a red book, it will have allot of information to best help you. War Nickels are a good start. Some of them from are copper, which can be determined with a scale, or the "ping test" on a hard counter.

The only nickels that contained silver are the war time nickels made between and They are designated by a large mintmark above the Monticello, as there are nickels that are not silver. Some people will keep pre nickels, they don't really have much value unless it's a low mintage, which is where that red book comes in handy.

WRSiegelAug 22, Buy the Red Book of US coins. TreashuntAug 23, If you are asking from a numismatic point of view then you have received some good advice already. If you are asking strictly from a hoarders point of view then there are people who save pre cents and all US nickels strictly for the metal content see coinflation.

If you chose to do this you will have people tell you that you are crazy or stupid and then you will have people tell you that you are really smart, this is something you kind of have to determine for yourself. There is a limited market for copper cents because for the most part only 1 in 3 cents in circulation are copper although they are still plentiful.

There is almost no market for nickels because they are mostly all the same and require no searching to hoard for metal content. You will be told that if you are looking for an investment then there are plenty of other options that will provide better returns, which I believe to be true.

But if you are hoarder like me then it can be a fun and inexpensive hobby as long you live near a bank or two especially if you like to sort things. GipperAug 23, Keep them all. It's cheap and you might be happy you did some day. Show Ignored Content. Draft saved Draft deleted. Share This Page Tweet. Your name or email address: Do you already have an account?

nickels worth keeping

No, create an account now. Yes, my password is: Forgot your password?The U. There is nothing worse than counting on your collection being worth a certain amount of money, and then getting a very rude awakening when you go to sell it, all because you consulted the wrong type of coin value guide when you made your appraisal.

Buffalo nickels, on the other hand, are very popular, but I still feel they are somewhat undervalued. Buffalo Nickel values are disproportionate to the mintage figures in many years; in other words, just because fewer Buffalo nickels were made one year doesn't necessarily mean that year's nickels are more valuable.

I feel that low-end Buffaloes are valued too high, but on the other hand, I feel that the highest-grade Buffaloes are a good investment. They also think that there are a lot of errors and die varieties still to be found in this series, since other coin types from this period exhibit many interesting varieties. In fact, the most expensive nickel ever sold was a liberty head nickel. There is also great mystery and deception surrounding this most valuable nickel.

Couple this with the history of this coin series and you have everything that makes collecting these nickels worthwhile. I have always been a big fan of the reverse design on V-nickels for some reason. I don't know if it's because I like the directness of the big V, or I am drawn to the general art style of the reverse. Regardless, V-nickels are my favorite nickel. The Shield nickel is an interesting type, having no portrait and a big "5" surrounded by stars on the reverse.

But, you may want to purchase a type coin for your collection. This classic unique design will certainly enhance any type collection of United States coins. However, intermediate and advanced collectors may find this United States coin series challenging and interesting. Therefore, a date set would only consist of 16 coins. Finding the "2 over 3" variety may be a little challenging, but doable. Nickels were first minted in the United States in At that time most coins were made out of silver or gold.

The United States made lower denomination coins out of pure copper. Although the nickel is silver in color, it has no silver in it. Nickels lack the glitter of silver and gold and are not popular amongst coin collectors.When we're little kids, our parents teach us how much each coin is worth. A penny is worth one cent, a nickel is worth five cents, a dime is worth 10 cents, and a quarter is worth 25 cents.

But what if I told you that some of those coins are worth way more than their face value? We've previously written about pennies, dimes, and quarters, but some nickels are actually the most valuable of all. But these aren't any old nickels; they're very specific.

Keep reading to find out if you're holding onto one of these nickels worth millions! A lot of us find spare change annoying — it doesn't fit well in your wallet, you can't buy much with it, and it's just not as convenient as bills. However, there's a silver lining in a pocketful of loose coins: Some of them are actually worth a ton of money!

After learning that some quarters and pennies are worth thousands of dollars, and that some dimes are worth millions, I was curious if any other common coins could be hiding secret million-dollar price tags. In fact, there's a handful of early 20th-century nickels that are worth huge sums of money, if you're lucky enough to find one.

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According to Heritage Auctionsthere are only five Liberty Head nickels — the most famous of the five is known as the Olsen specimen. Because there are only five known examples of the Liberty Head nickel, they are all zealously protected. Although one of the other specimens is the best-preserved of the coins, the Olsen coin is the most famous — it even appeared in a episode of Hawaii Five Unfortunately, it's unlikely that you'll find one of these nickels just lying around in your coin jar, but there are some more common nickels that are worth a lot as well.

According to the U. There are plenty of other nickels that are worth more than five cents as well — it's always worth it to hold onto any Liberty Head nickels, any Buffalo nickels, and any Jefferson nickels minted before If you think you might have a nickel that's worth more than face value, bring it to a coin appraiser to find out what it's worth! Ready to go sort through your coin jar?

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You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information. We use cookies to ensure that we give you the best experience. And what I found?Jefferson nickels minted between and are not very popular amongst coin collectors. In fact, you can still pluck most of these coins right from your pocket change. Therefore, this series rarely gets the respect that it deserves from intermediate and advanced coin collectors.

However, you will find that collecting Jefferson Nickels can be very rewarding and challenging. The Jefferson nickel was first minted in and replaced the Buffalo or Indian Head nickel that was minted since However, officials at the United States Mint did not like the style of lettering he chose for the coin and his rendering of Monticello Jefferson's home.

The winning design had a view of Monticello coming from the corner of the house.

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The mint officials wanted a head-on view of the iconic building. This was the third circulating coin that United States Mint eliminated a symbolic figure from the coin, such as Lady Liberty or an American Indian, and replace the portrait on the obverse with a former president of the United States.

This silver composition continued until the end of The Jefferson nickel has a diameter of Jefferson nickels are still being made at the U.

nickels worth keeping

Mint and are actively used in commerce. Therefore, most circulated specimens are worth only face value. However, there are a few specimens that are worth a little more.

This means they are worth more than face value and most of them have been removed from circulation. An easy way to identify these more valuable coins is to look on the reverse.

The following Jefferson nickels in any condition, are worth more than common coins that you can find in your pocket. Therefore, look at the coin carefully or have the coin authenticated by a reputable coin dealer or third-party grading service. Teletrade Coin Auctions, www. During this time coins minted in Philadelphia had a " P " for a mint mark, while coins minted in Denver and San Francisco continued to use a " D " and " S " respectively.

These are approximate retail prices and wholesale values. The actual offer you receive from an individual coin dealer will vary depending on the agreed-upon grade of the coin and a variety of other factors that determine its worth. In This Article Expand.

nickels worth keeping

Jefferson Nickel History and Design. Market For Jefferson Nickels. Condition or Grade. Mint Marks. Average Prices and Values.DEHUGHES coming off a win at Yea and two of four wins have come from dry ground, can figure. FOLD resumes from a 28 week spell and four from five wins have been in the dry, in with a chance.

U.S. Nickel Value Guides

KING MAPOORA has two placings from nine runs this prep and four of five wins have come from dry ground, not without each-way claims. Code It (1) 3. Dad 'n' Bri's Shed (8) 5. Salaqua (6) MAGNYTE has good early speed and won once this prep at Yea two runs back, major contender. CODE IT drawn perfectly, place hope. DAD 'N' BRI'S SHED 2 wins from four attempts this campaign and all wins have come when faced with dry ground, quinella.

SALAQUA has shown early speed in races to date and may fade late, place claims. Family Pride (2) 4. It Could Be You (5) 5. Slalom (4) ScratchedFAMILY PRIDE strong finishing effort to win last start at Yea on a soft track and up in distance, genuine contender.

IT COULD BE YOU has good early speed and has three placings from five runs this prep, looks threatening. YALTA won't be far away in the run and Courtney Pace has had success aboard previously, sneaky chance. SLALOM comes back to race at a country level, cannot be ruled out. Betty's Thrills (1) 6. Tortured Poet (3) 3. Kidfontein (8) BETTY'S THRILLS drawn ideally, major contender.

TORTURED POET has three placings from six runs this prep and down in distance, looks threatening. Hard But Fair (6) 2. Dal Kilchoan (7) 8.