1937 D 3 Legs Buffalo Nickel. Sold: January 2008; Bowers & Merena, The January 2008 Orlando Rarities Sale. Yet there are times when money is more valuable. 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? On the 1914 4 Over 3 Buffalo nickels, you can see a 3 sticking out from the overcast 4. In fact, the most valuable Jefferson nickels are worth thousands of dollars. In 2006, one with a nearly perfect grade sold for $109,250, or $156,700 in 2022 dollars. While President Thomas Jefferson has been featured on the nickel since 1938, no five-cent piece bearing his likeness has ever sold for more than $50,000, according to data from the Professional Coin Grading Service (PCGS). This coin is the only one in the Buffalo nickel series with a significant doubling on the coin's reverse. A small number of nickels produced in Denver in 1918 contain an error that the US Mint tried to hide. As the metals in the currency have changed, the metal value of coins have changed as well. This is a valuable coin that serious collectors are willing to bid high on if the condition is good. The rarity of this nickel is all based on its condition. You can find a range of nickels worth money in many years, including 1880, 1885, 1919, 1920, 1926, 1927, 1936, 1937, 1942, and 1964. There are millions upon millions of nickels that have been created throughout the history of the United States. However, well-struck uncirculated coins that exhibit the finer details of the design are few and far between. At that price, a typical nickel is worth 16 cents in melt value. 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. Why more uncirculated examples were not saved is a mystery to numismatists. This is especially uncommon with the front or obverse side of the coin, and there's only one known example of this happening. 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 It sold for $14,100 in 2014. A 1944 S nickel, in general circulation, is worth between $1.25 and $4. An example sold in 2013 for $21,150. More than 50million nickels were minted in the US in 1926. This Philadelphia-minted nickel from 1887 features Liberty on one side and III on the other. These Type II coins are extremely rare in gem uncirculated condition of MS-68. They were only 16,000 coins minted for circulation, and that makes it the lowest production quantity in the entire series. Aside from using worn dies, the mint also devised a mechanism for striking more coins by mounting two dies on one press. 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. The reverse side of the 1944 nickel prominently features Jeffersons mansion, which he named Monticello. In an uncirculated mint state, it can fetch up to $1,500. 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. With over three million 1927-S Buffalo nickels minted, this hardly qualifies this coin as rare or scarce. Therefore, it is scarce in circulated grades and rare in mint state grades. Not the kind that show up at random in your pocket change each day. If you can get your hands on a 1964 SMS special strike nickel, you might be sitting on gold. Generally, a 1944 off-center nickel error with at least 5% of the design missing is worth between $5 and $10. 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. 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. You can identify these by looking carefully at the steps of Monticello. Only 16,000 were made for circulation. Distinct full steps coins are extremely rare for this reason, and it's very uncommon for one to survive in nearly uncirculated condition. 6 Vintage Sneakers That Are Still in High Demand. 7Most Valuable Star Wars Trading Cards Worth Thousands. Now, there is one major exception to this rule. Work on memorizing this list of years and you might be able to identify some valuable nickels easily. Sold: April 2008; Bowers & Merena; The April 2008 Chicago Rarities Sale. The law also states you cant take or ship large quantities of nickels (or pennies) out of the country. Even in poor condition, these coins are worth at least $2,000, and they can sell for more than $50,000 in circulated condition. 16. In near mint condition, they are extremely rare, with one selling for $20,562 in 2016. If you buy thru these links, we may earn a commission at no additional cost to you. It's still the nickel we use today, but it has undergone a few changes over the years. 1881 Shield Nickel - Worth $4,000. Yes, you read that correctly more than 3 times its face value! Imagine - some of these valuable records could be rattling around in your attic. There are numerous examples of these coins, and they can be worth between $50 and $100. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. 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. One sold for $15,275 in 2013. The 1924-S Buffalo nickel is by no means a rare coin in circulated condition. Get expert tips for collecting and caring for your Depression glass. The nickel used to make the coins was diverted for war purposes. These are the 3 types of nickels you should be saving: All the Jefferson nickel valueslisted below are for coins in average circulated condition. This means that if you can find one that is struck exceptionally well, you might have one of the most expensive nickels. The following are the most expensive Jefferson nickels sold. 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. It measures 21.2mm in diameter and weighs 5 grams. Unlike Lincoln wheat pennieswhich almost everyone knows about and saves from circulation there are many old Jefferson nickels made in the 1930s, 1940s, and 1950s that are still in circulation simply because they look much like the newer Jefferson nickels. 1913 and 1914 proved to be important years for nickel collectors. 3.) 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 Valuable Nickel 1. In early 2018, it seems some of the Buffalo nickels were first struck with a 1917 die, then again with the proper 1918 one. 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. Because those nickels are made from a 35% silver composition and are not a significant part of pocket change and circulation anymore. If you can get your hands on one of these valuable nickels, be ready to grab your wallet. The top of the number is flat instead of rounded, and the middle appears thicker than it should. This scale has been incorporated into the modern Professional Coin Grading Services (PCGS) and Numismatic Guaranty Corporations (NGC) rating systems. Lets now look at some common questions regarding the 1944 nickel. It is amazing that this dramatic mint error was never discovered for many years. Anthony Dollar Over Jefferson Nickel. Learn more about how we curate the best products for you. Lower-grade coins are worth $20 to $30, compared to about $1 for those made at the Philadelphia mint. This coin's high level of preservation and dramatic eye appeal make it an extremely valuable coin. Although these nickels are quite common, some in mint uncirculated condition can fetch you a neat sum. One with almost no flaws and beautiful rainbow patina rings sold for $15,275 in 2017. Rare vinyl can be worth its weight in gold. This means that every box of nickels costs the U.S. Mint $75.86 in metals alone. Industrial production was primarily focused on producing war goods, and places of public entertainment were closing. One premium condition example of the 1964 nickel sold for $32,900 in 2016, equal to about $39,600 in 2022 dollars. This mistake at the mint has turned into one of the most highly sought-after nickels worth millions. 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. Check the coins reverse, and you should identify the prominent Monticello mansion on all silver war nickels. 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. Any interesting history also plays a role, which is why youll find war-period nickels to be slightly more valuable on average. Most Valuable Dimes: A List Of Silver Dimes & Other Old Dimes You Should Hold Onto! One in amazing shape sold for $32,900 in 2014. Youre looking for examples that are few in existence. The face value isnt always telling the truth anymore. The 21 most valuable nickels 1885 Liberty Head V Nickel: $3,800 When the Liberty Head nickel design was first released in 1883, the word cents was omitted from it. The Mint received three hundred and ninety entries but chose Felix Schlag, a German native who immigrated to America in 1929. Uncirculated coins went directly to collectors and are more likely to be in good condition. U.S. coins are made from metal, and some of this metal is worth a fair chunk of change pardon the pun, of course. All this explains the big difference between the value of the circulated and uncirculated nickels minted in 1944. Those with full steps in excellent condition are hard to find, and they tend to fetch high prices at auction. Usually, coins struck in Philadelphia do not have a mintmark, and 1944 was the first year the P mintmark appeared on nickels. Its really simple to tell a silver wartime nickel from a regular nickel. But the truly collectible nickels worth more than just their melt value. Real People. 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. Real Experiences. It's even rarer to find these with full steps on Monticello, and they are very valuable. Circulated coins are the ones that have been used in everyday transactions and are worth the lowest. In addition, when considering the Philadelphia and San Francisco coins, most 1944 S nickels are worn or generally in poor condition. From the beginning, the odds were against any large number of these coins being saved in uncirculated condition. In 1943, the US was in the middle of World War II, and copper needed to be reserved for the war efforts. Oh, and be careful about melting your pennies or nickels at home. Also worth noting silver nickels arent made entirely from silver. However, this single example of a high-quality specimen commands the extraordinary price that advanced coin collectors are willing to pay. $4.15. The Sunrevealedthe most valuable coins minted since 2020. The deep cameo is hard to find, especially for 1953, and it's even rarer in exceptional condition. Buffalo Nickels. More than 120 million of this reverse were minted, and about 40,000 still survive. One sold for $15,275 in 2016. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! 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. 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. Step 1: Date and Mintmark Variety - Vintage nickels are identified and valued by date and mint variety. Not all 1942 nickels have the large mintmarks over Monticello. Jefferson nickels from 1944 in mint, uncirculated condition are fairly scarce. Maybe it was that the dies had eroded and were not replaced, or perhaps they were set too far apart. Yet, in 2021, $2,650 was paid for a single 2005 D MS 66 Speared Bison on eBay. The 1944 P nickel value for circulated coins is between $1.25 and $3. Even silver wartime Jefferson nickels look nearly identical to regular nickels, except for one distinguishing mark that Ill tell you about in just a bit. 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 most expensive 1944-P nickel, graded MS60, was sold at 7,475 in 2011. 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. However, some high-quality examples cost around $35. Higher-grade pieces are worth more, and cleaned and damaged nickelsare worth less. This means that the 1951 nickels mostly entered circulation and became worn as a result. 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. In 1918 the United States was in the midst of World War I. 1913 Liberty Head V Nickel - Worth $4,408,650. Many of these coins were released into circulation and are quite worn. So, most of the circulation nickels from this year will appear significantly damaged. 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. By looking at auction records, especially at places like Heritage Auctions, you can get a sense about what makes these nickels valuable and what to watch for in your pocket change. 1920 D Buffalo Nickel. These are usually the most expensive nickels you can find. Check your inbox or spam folder to confirm your subscription. Any war nickel is worth at least its weight in silver. 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. Full steps coins are extremely hard to find, and the 1952 issue from the Denver Mint is especially coveted by collectors. However, if the coin is rare, uncirculated, or brand new, it can be worth between $225 and $275! During the reverse coin die manufacturing, sloppy workmanship resulted in this die variety. Circulated coins of this date are scarce but obtainable for the common collector. But the 1927-S had striking issues, and very few of these exist in exceptional quality strikes. Regardless, 1919-S Buffalo Nickels saw a production of over 7 million coins. Giant Nickel: $10 (Tuesday by 12pm) Pennywise: $25 (Tuesday by 4pm) Display Pricing. 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. 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. For the first year issue of this coin, it's very difficult to find a full steps version in near mint condition. The poor striking quality may have been an effort by mint workers to extend die life or just a lack of attention to quality. The Liberty Head nickel is surrounded by controversy from its very beginnings. Buffalo nickels, also known as Indian Head nickels, were in production from 1913 to 1938, making the majority of them somewhat rare today. This may be why so few uncirculated examples were saved for coin collectors. 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, Coins from before 1965 are made of 90% silver, and are worth more than their face value in regards to their metal content. Like other coins, its made of a In this article, you will find out how much your 1944 nickel is worth. Im the Coin Editor here at TheFunTimesGuide. Nothing is more eye-catching to a coin collector than seeing a Proof coin. To accurately identify this coin, look for a strong doubling on the reverse of the coin. In 1917 World War I was raging in Europe and manufacturing processes were gearing up to produce war goods. You can purchase a well-circulated coin from a reputable coin dealer for just a few dollars. Learn how to spot these treasures so you don't accidentally put them in a parking meter or gumball machine. The majority of nickels are worth between $0.05 and $1. 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. Additionally, some of the details on the back leg were removed. Value: $ 1,593. According to MRTWAF, the reason this coin is worth so much is because of a little dot next to the date on the beaver side of the nickel. 1924 S Buffalo Nickel - Worth $14,000. $0.83. This nickel wouldnt win contests for drawing within the Iines, but thats what makes it so special. Distilled, not diluted. 7. 1927 S Buffalo Nickel - Worth $5,000. If you were smart you'd trade that nickel in for 5 pennies. Uncirculated 1944 P Jefferson nickels in mint condition are plentiful, but the true gems are fairly scarce. Couple this with the fact that the mint changed the reverse design by removing the decorative rays in between the stars further adds to the low production numbers for this coin. At a 2006 auction tracked by PCGS, one of these coins in mint condition sold for $350,750. 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. Most of these coins found their way into circulation; therefore, uncirculated examples sell for a premium price. Like the 1918 nickel, some variations of the 1916 Buffalo five-cent piece contain errors. This shows up especially well in the word "MONTICELLO" and in "FIVE CENTS." Currency is the thing that keeps the world running on almost every level. 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. The most expensive 1944-P nickel, graded MS60, was sold at 7,475 in 2011. Its an American 5-cent coin thats been in use since 1866. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 1926 S Buffalo Nickel - Worth $7,600. Sold: August 2007; Bowers & Merena, Rarities Coin Auction. Weve seen nickels worth millions, the most expensive nickels sold on eBay, and some of the most valuable rare nickels wanted by collectors. Many years of nickels are worth money, but the 1913 Liberty Head V is the most valuable nickel. Additionally, 3,955 Proof coins were struck for coin collectors of the era. Did you discover a 1944 nickel in your pocket change? With nickel metal prices going up and up and up, even brand new nickel coins are worth more than their face value! $31.95 Free Shipping Seller: Adventurecoins The war nickels have the same design as the pre-war Jefferson nickels. It surely isnt worth it just to make a few bucks, is it? Your chances of findingvaluable nickels in everydaypocket change are pretty good much like your odds of finding valuable pennies. 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 Uncirculated variations of the nickel sell for hundreds of thousands, including a record $276,000 sale in 2008 for a 1926 doubled die coin in mint condition. Real Experiences. 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! It goes back to the issue of rising metals prices. 1913 Liberty Nickel: The Most Valuable Nickel in the World, Got Rare Nickels? Finding rare nickels in your loose change just might make you thousands of dollars richer. The Jefferson coins have quite an interesting history, but more important is that these coins are worth more than face value. If you can identify the rarity, the history, and the condition of any nickel, then you will be able to conquer this hobby. WebFound only in collector proof sets, the 1971 no S Jefferson nickel is considered a holy grail among those who collect modern nickels. The overzealous die polishing removed the buffalo's front leg but left the hoof on the ground. 1943 S. $0.83. Theres a technique I normally use when Im looking for old nickels, and its called coin roll searching. Only about 19 with this finish exist, probably part of an unofficial mint set. pennies made before 1982 are worth 2 to 3 cents just for their copper value, Some 1969 Washington Quarters Are Worth $4,000! At that price, a typical nickel is worth 16 cents in If this imperfection is not present, it is a clear indication of an altered coin. Sold: April 2008; Bowers & Merena, The April 2008 Chicago Rarities Sale. So, I know this is the part youve probably been waiting for what are yourold nickels worth? It's this demand coupled with its limited supply that makes this the most valuable nickel ever! Conventional wisdom guides many coin collectors and bullion stackers into looking for and saving only silver coins: But those silver half dollars and silver dollar coins are pretty tough to locate anywhere outside the shop of a coin dealer these days. One sold for $138,000 in 2008, equal to about $185,300 in 2022 dollars. 4.) The San Francisco mint struck most Buffalo nickels in 1919 poorly. 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. Although 1962 Jefferson nickels are extremely common, the high number that were minted means the dies that created them became worn. If youre a sucker for three-legged animals, then this nickel is sure to be a sight for sore eyes. Confirm your nickel's variety. The coins denomination, FIVE CENTS, is inscribed right below the mansions name. 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. Why? Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! 2023 LoveToKnow Media. 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 war nickels have the same design as the pre-war Jefferson nickels. 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). It's worth looking closely at 1964-D nickels just in case, since one in beautiful condition sold for $19,800 in 2022. A particularly dramatic minting error, a 2007 George Washington dollar coin was struck on top of a Jefferson 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. Ive got the answer to that below! How much is Dimes Worth? Read our earnings disclaimer to learn more. 8.) You will also learn about the various errors that significantly increase your nickels value. The 1913 Liberty Head nickels are among the best-known and most sought-after US coins in existence. The full steps version of the 1964 Jefferson nickel is rare, but it's even rarer in a soft satin finish. Oftentimes, these bullion trades are based on speculative value, or the amount that might be made if it ever becomes legal to melt nickels. Receiving a grade of MS-66+ means that the coin has only minor imperfections on the surface, was minted from a fresh set of dies, and was well-struck to bring up all the details of the coin. Generally, 1944 nickels with a double repunched mintmark are worth about $3 to $5, but those with a triple, quadrupled, or one mintmark placed incorrectly over one thats correct can fetch $100 or more. The reverse is the tail or back side of the coin. WebA nickel from 1976 is worth 5 cents. Copper prices have been up, and so, too, are nickel values. Sold: November 2016; Stack's/Bowers, November 2016 Baltimore Coin Auction. Some have a value of $1 or more, and a few are even worth more than $10. Is Treasure Hiding In Your Piggy Bank? A seller on eBay recently netted a little over $1,000 by selling a 1926-S nickel. Now, bear in mind the fact that nickel values are constantly fluctuating as are precious metals prices across the board. That said, this coin had a high mintage between the three mints, and many of the coins were released into circulation. A grading scale of 1 to 70 is also used to value coins, with 1 being the lowest and 70 being the highest. 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! Most Proof coins in this series had production runs of approximately 1,000 coins. A very fine example of the 1938 Jefferson nickel from the Denver mint fetched $33,600 at auction in 2022. Buyers must be extremely cautious when purchasing these coins because unscrupulous people have shaved off the front leg on a regular 1937-D Buffalo nickel. 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 highly collectible mint mistake is the 1943/2 Jefferson nickel. In more recent years, there has been building excitement around saving old copper pennies made before 1982 the year the one-cent coin transitioned to a cheaper copper-coated zinc composition still in use today. 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