As was typical, the San Francisco mint produced the fewest number of nickels, making these coins rare. With a mintage of 1,437,000 coins, many of them have survived and are available to collectors today. 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. Check your inbox or spam folder to confirm your subscription. Only about 19 with this finish exist, probably part of an unofficial mint set. It is obvious that there is a numeral 7 lurking underneath the last digit in the date. Sold: January 2004; Heritage Auctions, 2004 January Long Beach Signature Sale. 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? Uncirculated 1944 P Jefferson nickels in mint condition are plentiful, but the true gems are fairly scarce. This nickel wouldnt win contests for drawing within the Iines, but thats what makes it so special. 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. One sold for $138,000 in 2008, equal to about $185,300 in 2022 dollars. Here is another mint error caused by the improper manufacturing of a coin die. One sold for $32,900 in 2016. Only about 20 to 50 of the 1964 SMS nickels exist, and they are especially valuable in excellent condition and showing the full steps of Monticello. Whys that?The Jefferson nickel has been in circulation since 1938, and it remained mostly unchanged until 2004. While 1913 is the year the design changed from the Liberty Head to the Buffalo, 1914 was a special year too. Knowing how to spot the rarest coins can help you keep an eye out for special nickels that might be worth a closer look. My love for coins began when I was 11 years old. In uncirculated condition, the coin can fetch up to $700. 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. 1913 and 1914 proved to be important years for nickel collectors. The top of the number is flat instead of rounded, and the middle appears thicker than it should. This is especially uncommon with the front or obverse side of the coin, and there's only one known example of this happening. Most valuable coins fall into three categories of circulated, uncirculated, and proof. If you can identify the rarity, the history, and the condition of any nickel, then you will be able to conquer this hobby. Imagine - some of these valuable records could be rattling around in your attic. Im the Coin Editor here at TheFunTimesGuide. The war nickels have the same design as the pre-war Jefferson nickels. The first D, for Denver mint, was placed horizontally, and then punched again on the die, creating valuable rare nickels wanted by collectors. Millions of the 1944 Jefferson nickels are still in circulation, and this coin can be ranked low on the rarity scale. As an Amazon Associate, we earn from qualifying purchases. How much your Jefferson nickel is worth will depend on factors such as its condition, the coins rarity, and the presence of significant errors. The vast majority - around 44million - were minted in Philadelphia, and another 5.6million were made in Denver. This shows up especially well in the word "MONTICELLO" and in "FIVE CENTS." Old nickel prices range from a few cents above face value to $50 or more. In an uncirculated mint state, it can fetch up to $1,500. 1924 S Buffalo Nickel - Worth $14,000. More than 50million nickels were minted in the US in 1926. The Sunrevealedthe most valuable coins minted since 2020. WebWhat nickels are worth holding onto? WebYes, silver nickels are worth money. Anthony Dollar Over Jefferson Nickel. This post may contain affiliate links. The 1920-D Buffalo nickel has a reasonably low mintage at slightly less than 10 million coins. This is because the Mint mistakenly struck 1917 dates and punched the 1918 year over it. This coin possesses all the qualities that make it a great rarity and commands such a high value. Higher-grade pieces are worth more, and cleaned and damaged nickelsare worth less. 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. Lower-grade coins are worth $20 to $30, compared to about $1 for those made at the Philadelphia mint. One sold for $16,450 in 2014. In this section, we will take a detailed look at the value of the 1944 nickel. Still no. Sold: November 2008; Bowers & Merena, The November 2008 Baltimore Auction. 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. Im the Coin Editor here at TheFunTimesGuide. For example, in 2021, it cost the United States Mint 8.52 cents to make each nickel. WebCopper prices have been up, and so, too, are nickel values. They mostly entered circulation, but one near mint condition example fetched $14,950 at auction in 2010. Most Proof coins in this series had production runs of approximately 1,000 coins. In fact, the composition of a regular Jefferson nickel is just 25% nickel. Currency is the thing that keeps the world running on almost every level. 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. Real People. An avid antiques collector herself, Kate has written about antiques for many years. However, in 1867 only 25 Proof coins were minted, with no more than 10 of them surviving today. Aside from using worn dies, the mint also devised a mechanism for striking more coins by mounting two dies on one press. Oftentimes, these bullion trades are based on speculative value, or the amount that might be made if it ever becomes legal to melt nickels. The coin, which features a portrait of Thomas Jefferson on the front, became the official nickel design in 1938. The other 75% is copper! 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. An example sold in 2013 for $21,150. The low production quantity has resulted in fierce competition for well-struck coins that are in pristine condition. Nothing is more eye-catching to a coin collector than seeing a Proof coin. There are only 24 known examples with full steps, and one sold in 2019 for $24,000. This means that every box of nickels costs the U.S. Mint $75.86 in metals alone. Incidentally, it cost the U.S. Mint 2.1 cents to strike each penny in 2021. Jefferson nickels from 1944 in mint, uncirculated condition are fairly scarce. Rarity is a crucial factor in collectibles of all sorts, and with the Buffalo nickels, that is hard to come by. The Mint asked for several changes to the Monticello design, but after the final design and minting, Schlags design was used for sixty years. So, when one of these true gems crosses the auction block, it always brings many bidders and fierce competition. Confirm your nickel's variety. These include: Lets now look at the value of each of these nickels. 1935 Buffalo Nickel PCGS MS63 DDR FS-801 (FS-018) 5c Well start by looking at the history of the nickel. Over 1.4 million 1924-S Buffalo Nickels were created. This may be why so few uncirculated examples were saved for coin collectors. The surprising answer: Much more than 5 cents! 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. But in the war years between 1942-1946, the metal composition of the Jefferson nickel changed to 56% copper, 35% silver, and 9% manganese. 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. 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. Is Treasure Hiding In Your Piggy Bank? 3. The 1936 and 1937 three-leg nickels are great examples of how a small error from the mint has turned into big money. As was typical, the San Francisco mint produced the fewest number of nickels, making these coins rare. 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. The reason copper factors into the value of a nickel is because a standard Jefferson five-cent coin isnt made from just nickel. But theres a bit more to this story. It's worth looking closely at 1964-D nickels just in case, since one in beautiful condition sold for $19,800 in 2022. Why? 1940 Jefferson nickels are rare, so they tend to be valuable because of that. The mint quickly added the denominations to the reverse of the coin. Depending on the year, it can be somewhat rare for a Jefferson nickel to clearly show all the steps of Monticello on the back. Despite the low mintage, they are fairly easy to find in uncirculated condition. In 2016, a high-quality version sold for $105,750, or $127,400 in 2022 dollars. WebFelix Schlag designed these coins. But when you do the math, youre not going to make much money doing that. While there are a lot of different nickels on this list, one thing is clear. Youre looking for examples that are few in existence. 1972 Dollar Coin Value See How Much Your 1972 Eisenhower Silver Dollars Are Worth! These old coins are out there in circulation, and I know this because Ive found many of them myself in pocket changeand in rolls of coins that Ive looked through over the years. The melt value of a $100 box of nickels from 1946-2014 was $75.86 on June 26, 2019. Some people gold plated them and tried to pass them off as five-dollar gold pieces. 7.) To find out, simply use this base metal coin value calculator. There are about 7,000 of these coins still in existence today, with around 6,900 of them in circulation. How much is Dimes Worth? 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! In circulated condition, 1944 D nickels are worth between $1.25 and $4.25, while in uncirculated condition, this coin can fetch as much as $750. One in mint condition sold for $28,750 in 2011. As the metals in the currency have changed, the metal value of coins have changed as well. Sold: November 2009; Bowers & Merena, The November 2009 Baltimore Auction. One specimen is one of the most expensive nickels ever sold on eBay at $175,000. It sold for $14,100 in 2014. The Jefferson coins have quite an interesting history, but more important is that these coins are worth more than face value. By recessing the denomination below the Buffalo, the mint corrected the problem of the denomination prematurely wearing off the coin. 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! The 1944 nickel, like all the others in the series, was struck at the Philadelphia, Denver, and San Francisco mints. 4.) Value: $5,842. The Shield nickels were produced from 1866 to 1883, replacing the fractional currency notes issued prior. Many of the 1944 P nickels came out with a poor strike resulting from the Mint using worn, clumsily polished dies. Like the 1918 nickel, some variations of the 1916 Buffalo five-cent piece contain errors. Although 1962 Jefferson nickels are extremely common, the high number that were minted means the dies that created them became worn. In addition, when considering the Philadelphia and San Francisco coins, most 1944 S nickels are worn or generally in poor condition. Properly creating a coin die requires multiple impressions from the master hub. The only difference is that the mint mark is larger and placed above the Monticello image. Value: $ 1,593. Sold: July 2008; A special example on this rare nickels list is one 1926-S Buffalo nickel that sold for $322,000 in 2008, or about $432,400 in 2022 dollars. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! Yet, in 2021, $2,650 was paid for a single 2005 D MS 66 Speared Bison on eBay. 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. Coin dealer B. Max Mehl of Fort Worth, Texas, spent a fortune on advertising to enticing people to search their pocket change for valuable 1913 Liberty Head nickels. WebTOP 15 MOST VALUABLE NICKELS Rare Nickels in Pocket Change Worth Money (Buffalo, Liberty,Shield) Currency World 159K views 3 years ago 6 Placer Gold Geology Chris Ralph, 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. 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. It is clear that the Philadelphia facility produced a large number of Jefferson nickels in 1944, and most were released into general circulation. The 1944 P nickel value for circulated coins is between $1.25 and $3. However, it's worth taking a closer look at them to see if you have something might be of value. 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! In 2012, one sold for $48,875 at auction, equivalent to $61,550 in 2022 dollars. 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. Unfortunately, between the mid-1800s and the late 1800s, the United States Mint only produced Proof coins to the demand of collectors. WebThe condition of a 1966 nickel is an important factor in determining its value. Did you know that nickels are worth more than their face value right now? 2.) The 1944 doubled die nickels are quite rare but extremely desirable, with nickels showing strong doubling fetching a higher value. The most expensive 1944-P nickel, graded MS60, was sold at 7,475 in 2011. However, some examples are worth far more than five cents. After tallying the weight of the coins and the glue or epoxy required to secure them, the user calculated that the additional weight of the nickel coating amounts to This minting mistake has the image of Susan B. Anthony stamped over the top of Monticello on a Jefferson nickel. These Type II coins are extremely rare in gem uncirculated condition of MS-68. 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