Two are permanently in museum collections including one at the Smithsonian, leaving just three for collectors. There are just five known examples of the coin, according to the PCGS. Very few are in good enough shape to show the steps. 1920 D Buffalo Nickel. No matter the case, you now know the most valuable nickels to look out for and can start your journey to collecting these valuable coins. This coin possesses all the qualities that make it a great rarity and commands such a high value. For those coin collectors who are not familiar with the Shield nickel series, the 1880 specimen may come as a surprise. One in exceptional condition sold in 2019 for $22,800. According to the seller, the coin was certified by Numismatic Guaranty Company (NGC) in an MS 67 grade. A highly collectible mint mistake is the 1943/2 Jefferson nickel. 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. In 1913, the Buffalo nickel was first produced. As an Amazon Associate, we earn from qualifying purchases. The 1944 nickel was struck at the mints in Philadelphia, Denver, and San Francisco. The repunched mintmark error is very common among 1944 nickels struck in Philadelphia, Denver, and San Francisco. The nickel used to make the coins was diverted for war purposes. (More on that in a minute.). With nickel metal prices going up and up and up, even brand new nickel coins are worth more than their face value! Regardless of the circumstances that created this extremely rare nickel, every coin collector would love to have one of these in their collection. Youll probably have better luck browsing the auction sites and treating them like investments. Why more uncirculated examples were not saved is a mystery to numismatists. Here is a rare example of one that was saved before it ever experienced the harsh environment of circulation in commerce. For the first year issue of this coin, it's very difficult to find a full steps version in near mint condition. When the face value is a small fraction of the real-world worth. While 1913 is the year the design changed from the Liberty Head to the Buffalo, 1914 was a special year too. 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.. 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. In addition, its natural toning around the rim enhances its beauty and appeal to coin collectors. In truth, when a Most valuable coins fall into three categories of circulated, uncirculated, and proof. So, I know this is the part youve probably been waiting for what are yourold nickels worth? Relatively few uncirculated exist, and even fewer in Gem condition. 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. These imperfections must have been substantial because the worker polished the die beyond usual standards. But in the war years between 1942-1946, the metal composition of the Jefferson nickel changed to 56% copper, 35% silver, and 9% manganese. Circulated coins are the ones that have been used in everyday transactions and are worth the lowest. A Few of These Nickels Are Worth a Small Fortune. How much is Dimes Worth? As was typical, the San Francisco mint produced the fewest number of nickels, making these coins rare. Only about 19 with this finish exist, probably part of an unofficial mint set. Coins Signature Auction, Orlando, FL. Oftentimes, these bullion trades are based on speculative value, or the amount that might be made if it ever becomes legal to melt nickels. 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 repunched mintmark error is common because the Mint punched mintmarks on dies by hand. Other Jefferson nickels outside of 1964 can be valuable too. How much your Jefferson nickel is worth will depend on factors such as its condition, the coins rarity, and the presence of significant errors. Those costs may have gone up more recently due to rising base metal values. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. Very few of these in top-collector quality exist today. Prime examples are some of the most expensive nickels around. 1943 S. $0.83. However, well-struck uncirculated coins that exhibit the finer details of the design are few and far between. Time to Start Hoarding Nickels? In fact, the most valuable Jefferson nickels are worth thousands of dollars. Industrial production was primarily focused on producing war goods, and places of public entertainment were closing. New and beginning collectors find the circulated pieces affordable and base collections on nice examples. Uncirculated 1944 P Jefferson nickels in mint condition are plentiful, but the true gems are fairly scarce. 16. In near mint condition, they are extremely rare, with one selling for $20,562 in 2016. 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. Some unique errors can increase the value of an old coin. The silver war nickels of 1942 through 1945 are exempt from this melt ban. Ah, yes You probably saw the line above if it was legal in the United States and got excited about sending rolls and bags of nickels out of the country for melting there or maybe selling your nickel coins as scrap metal. Even in poor condition, these coins are worth at least $2,000, and they can sell for more than $50,000 in circulated condition. So, when one of these true gems crosses the auction block, it always brings many bidders and fierce competition. All rights reserved. By the end of this article, youll be able to impress any numismatist. WebWhat nickels are worth holding onto? At that price, a typical nickel is worth 16 cents in melt value. 1920 D Buffalo Nickel. 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. In 1917 World War I was raging in Europe and manufacturing processes were gearing up to produce war goods. Im the Coin Editor here at TheFunTimesGuide. They may look like the other nickels in your pocket, but these rare and valuable Jefferson nickels all have something extra special. One sold for $15,275 in 2016. Not all 1942 nickels have the large mintmarks over Monticello. 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. However, if the coin is rare, uncirculated, or brand new, it can be worth between $225 and $275! The consent submitted will only be used for data processing originating from this website. One sold for $143,750 in 2008, or $193,000 in 2022 dollars. Did you discover a 1944 nickel in your pocket change? Certain coins gain and retain significant value over time, and collectors will pay top dollar for some coveted pieces. If you've got a few Jefferson nickels in your pocket, give them a closer look. This error happens when the coins design is impressed two times on the die. Therefore, uncirculated examples in pristine condition are few and far between. You can see the doubling of the last two digits on the date as evidenced by a duplicate set of numbers offset to the right of the original digits. If you look at the reverse side of some 1939 Jefferson nickels, you may notice that there's a double stamping. They can be worth up to $11,100 if in exceptional condition. The coin, which features a portrait of Thomas Jefferson on the front, became the official nickel design in 1938. 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. Continue with Recommended Cookies. Silver nickels were made from 1942 through 1945 and have a large mintmark over the dome of Monticello on the reverse. One 1964 Jefferson nickel was created with a mirror brockage, showing a head on both sides with one mirrored. Ive got the answer to that below! The vast majority - around 44million - were minted in Philadelphia, and another 5.6million were made in Denver. Some of the most valuable nickels came from the Buffalo series, which saw the animal on the reverse, or tails side of the coin from 1913 to 1938. Travelers may take $5 in face value of pennies or nickels out of the United States, and individuals may ship up to $100 in face value out of the country. 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 detail in the Buffalo's horn is evidence of a quality strike. 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 The first with Five Cents on it, which was later removed for fear of degradation in favor of the Type 2. 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. The most expensive 1944-P nickel, graded MS60, was sold at 7,475 in 2011. Not the kind that show up at random in your pocket change each day. Theres a technique I normally use when Im looking for old nickels, and its called coin roll searching. That said, some Jefferson nickels from 1944 in mint, gem, and uncirculated condition are rare, with only a few existing examples. Many of the 1944 P nickels came out with a poor strike resulting from the Mint using worn, clumsily polished dies. Real Helpful. Your 1944 nickel might be worth thousands of dollars depending on the coins grade and condition. WebUncirculated 1944 P Jefferson nickels in mint condition are plentiful, but the true gems are fairly scarce. The special strike 1964 Jefferson nickels are some of the most valuable rare nickels wanted by collectors. Or maybe it would be wiser to stick to the 1918 and 1919 nickels since they arent quite so rare. Knowing what to look for can help determine if your 1944 nickel is worth anything. 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. 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! As the US Mint transitioned from the Liberty nickel series to Buffalo nickels in 1913, a handful of final Liberty coins were created with a 1913 mint year. The dollar coin strike is off center, so you can still see that the coin is also a nickel. The denomination was the highest point on the coin and was the first feature to wear away. However, they are even scarcer in excellent condition. Why? Millions of the 1944 Jefferson nickels are still in circulation, and this coin can be ranked low on the rarity scale. 1935 Buffalo Nickel PCGS MS63 DDR FS-801 (FS-018) 5c Well start by looking at the history of the nickel. 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. All are worth 10 cents or more each. This is especially uncommon with the front or obverse side of the coin, and there's only one known example of this happening. In 2008, just before the recession, one sold for $125,350, or $168,300 in 2022 dollars. Giant Nickel: $10 (Tuesday by 12pm) Pennywise: $25 (Tuesday by 4pm) Display Pricing. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! Yes, you read that correctly more than 3 times its face value! WebFound only in collector proof sets, the 1971 no S Jefferson nickel is considered a holy grail among those who collect modern nickels. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. 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. Having said that, erosion can cause some of these same problems, so you need to know what is original and what isnt. The most expensive 1944 D nickel graded at MS67 was sold at $1,840 in 2006. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. So, most of the circulation nickels from this year will appear significantly damaged. As the metals in the currency have changed, the metal value of coins have changed as well. There are a few key elements to locate valuable rare nickels wanted by collectors. Imagine - some of these valuable records could be rattling around in your attic. 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. But the truly collectible nickels worth more than just their melt value. Buffalo Nickels. This overstamping makes the D over S nickel rare, and it's especially rare in the full steps version and near mint condition. Currency is the thing that keeps the world running on almost every level. The Shield nickels were produced from 1866 to 1883, replacing the fractional currency notes issued prior. As was typical, the San Francisco mint produced the fewest number of nickels, making these coins rare. Transform vintage shutters into stunning decor for your home with these easy and creative ideas. Real Helpful. But another excellent example sold at auction in 2014 for $170,375, or about $208,100 in 2022 dollars. In 2006, one sold for $350,750, equal to about $503,000 in 2022 dollars. Although 1962 Jefferson nickels are extremely common, the high number that were minted means the dies that created them became worn. Therefore, it is scarce in circulated grades and rare in mint state grades. Uncirculated coins went directly to collectors and are more likely to be in good condition. Step 3: Special Qualities - Collectors support the value to old coins. In this rare nickels list, were going to cover the valuable rare nickels wanted by collectors. Fumes and smoke emanating from your house might tip off someone you least suspect and give them reason to report you to the authorities. All this explains the big difference between the value of the circulated and uncirculated nickels minted in 1944. One premium condition example of the 1964 nickel sold for $32,900 in 2016, equal to about $39,600 in 2022 dollars. 5.) There are only five known examples, and this one is the finest graded by any of the third-party grading companies. A 1926-S coin in mint It surely isnt worth it just to make a few bucks, is it? When one comes to auction, it is certain to realize a record price. 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. A 1964 nickel is worth about $5 on the market today. Liberty Head or V-Nickel values are slightly more in line with what you would expect for coins of that period, but expert numismatists believe they are undervalued. 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 exciting varieties. Jefferson nickels made before 1960 old Jefferson nickels made in the 1930s, 1940s, and 1950s have a value of 10 cents or more except for the ones listed below All the Jefferson nickel values listed below are for coins in average circulated condition. Higher-grade pieces are worth more, and cleaned and damaged nickels are worth less. The Liberty Head nickel is surrounded by controversy from its very beginnings. Like the rare and valuable George Washington dollar over a nickel, the Susan B. Anthony overstamp is also worth a lot of money. Is Treasure Hiding In Your Piggy Bank? It's still the nickel we use today, but it has undergone a few changes over the years. So, a standard U.S. nickel may be worth more or less than that by the time you read this article. 1913 and 1914 proved to be important years for nickel collectors. Read more in our privacy policy. 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. But theres a bit more to this story. The rarity of this nickel is all based on its condition. 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. The 2 and the 3 overlap, and it's especially rare to find examples with both dates clearly visible. Of course, those days are gone, but these once common nickels can now buy a luxury condominium in Manhattan or the yacht of your dreams. The melt value of a $100 box of nickels from 1946-2014 was $75.86 on June 26, 2019. Over 1.4 million 1924-S Buffalo Nickels were created. A special mint set (SMS) is similar to a proof set, made in small quantities to test dies and provide beautiful coins for collectors. If you can get your hands on a 1964 SMS special strike nickel, you might be sitting on gold. A grading scale of 1 to 70 is also used to value coins, with 1 being the lowest and 70 being the highest. The 1944 nickel is very common, given that the Mint struck more than 170 million coins. Sold: January 2008; Bowers & Merena, The January 2008 Orlando Rarities Sale. Below is a list of the specific nickelsyou should be looking for. Youre looking for examples that are few in existence. Any interesting history also plays a role, which is why youll find war-period nickels to be slightly more valuable on average. However, this single example of a high-quality specimen commands the extraordinary price that advanced coin collectors are willing to pay. In fact, the wartime nickel alloy consists of the following: How much are silver wartime nickels worth? The bottom line? Lets say youre looking for really old nickels to collect. In 1943, the US was in the middle of World War II, and copper needed to be reserved for the war efforts. One specimen is one of the most expensive nickels ever sold on eBay at $175,000. 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. But youll need to make sure they are in excellent condition to get top dollar, shoot for grade 65 or higher. This mistake at the mint has turned into one of the most highly sought-after nickels worth millions. Sold: November 2016; Stack's/Bowers, November 2016 Baltimore Coin Auction. All Jefferson nickels minted between 1942 and 1945 contain 35% silver. The 1944 P nickel value for circulated coins is between $1.25 and $3. Sold: August 2018; ANA Stack's Bowers; Session 3; Rarities Night. 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. The motto, E PLURIBUS UNUM, appears around the top edge of the coin, while the words UNITED STATES OF AMERICA are imprinted around the bottom edge. It is a rare case when nickels worth millions come across the auction block, but you can be certain that if it happens again, a lot of money is sure to change hands for something that was once worth just 5 cents. 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. In 2012, one sold for $48,875 at auction, equivalent to $61,550 in 2022 dollars. 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. A worker at the mint created this die variety when he tried to repair the surface of a coin die by polishing it to remove some imperfections. When the Liberty Head nickel design was first released in 1883, the word cents was omitted from it. The 1944 P nickel value for circulated coins is between $1.25 and $3. Lets now look at some common questions regarding the 1944 nickel. That happened in 1940 when the 1938 die was used for a few nickels. But these arent easy to come by. Sold: January 2015; Heritage Auctions, FUN U.S. The war nickels have the same design as the pre-war Jefferson nickels. The 1920-D Buffalo nickel has a reasonably low mintage at slightly less than 10 million coins. One sold for $138,000 in 2008, equal to about $185,300 in 2022 dollars. 1913 Liberty Nickel: The Most Valuable Nickel in the World, Got Rare Nickels? There are only 24 known examples with full steps, and one sold in 2019 for $24,000. 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. 1972 Dollar Coin Value See How Much Your 1972 Eisenhower Silver Dollars Are Worth! Step 2: Grading Condition - Comparing to images of different grades, recognize the quality in demand and awarded premium value. 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. This puts me at an advantage, because Ill get to look through a larger quantity of coins from a certain denomination than I might normally get to see at any one time. If this imperfection is not present, it is a clear indication of an altered coin. 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. Any war nickel is worth at least its weight in silver. 1880 Shield Nickel - Worth $20,000. Until 1989, mint employees would hand punch the mint mark of the die. Rarity is a crucial factor in collectibles of all sorts, and with the Buffalo nickels, that is hard to come by. My love for coins began when I was 11 years old. A particularly dramatic minting error, a 2007 George Washington dollar coin was struck on top of a Jefferson nickel. In October, this changed, since nickel was needed to make artillery for troops in World War II. 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. 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. $0.83. At Luxe Digital, we independently research, review, and recommend products we love and that we think you will love, too. In numismatic circles, 1944 nickels missing at least 50% of the design are highly collectible and are generally worth more. This scale has been incorporated into the modern Professional Coin Grading Services (PCGS) and Numismatic Guaranty Corporations (NGC) rating systems. The 1913 Liberty Head nickels are among the best-known and most sought-after US coins in existence. The war nickels have the same design as the pre-war Jefferson nickels. Whys that?The Jefferson nickel has been in circulation since 1938, and it remained mostly unchanged until 2004. The perfect mix of modern luxury business and lifestyle stories. An example sold in 2013 for $21,150. There are about 7,000 of these coins still in existence today, with around 6,900 of them in circulation. A portrait of Thomas Jefferson on the front, became the official nickel design was first produced nickels! Were closing Smithsonian, leaving just three for collectors among 1944 nickels struck in Philadelphia Denver. Value to old coins $ 168,300 in 2022 dollars 1914 proved to be slightly more valuable on.! 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To look for can help determine if your 1944 nickel is considered a holy grail those... In Numismatic circles, 1944 nickels struck in Philadelphia, Denver, and it 's especially in. This explains the big difference between the value to old coins 1945 contain 35 %.... It just to make the coins was diverted for war purposes rare the. One premium condition example of this article nickel: $ 10 ( Tuesday by 4pm ) Pricing.