While nickels are commonplace in daily transactions, certain rare specimens still found in circulation can be worth significantly more than their face value. Collectors and enthusiasts should be aware of these valuable nickels, as discovering one could lead to a substantial financial gain.
1. 1926-S Buffalo Nickel
- Estimated Value: Up to $4,200
- Details: The 1926-S Buffalo Nickel is one of the most sought-after coins due to its low mintage and rarity. High-grade specimens are particularly valuable.
2. 1916 Doubled Die Obverse (DDO) Buffalo Nickel
- Estimated Value: Up to $3,800
- Details: This coin features a notable doubling on the obverse side, especially visible on the date and inscriptions. The error makes it highly desirable among collectors.
3. 1918/17-D Overdate Buffalo Nickel
- Estimated Value: Up to $3,500
- Details: An overdate error where the 1918 date was stamped over 1917, creating a unique and rare coin. The overdate is discernible upon close inspection.
4. 1879 Shield Nickel
- Estimated Value: Up to $2,400
- Details: With a limited mintage, the 1879 Shield Nickel is a rare find. Its age and scarcity contribute to its high value.
5. 1937-D 3-Legged Buffalo Nickel
- Estimated Value: Up to $2,000
- Details: Due to a minting error, this coin appears to have only three legs on the buffalo. This distinctive flaw makes it a prized possession for collectors.
6. 1880 Shield Nickel
- Estimated Value: Up to $2,000
- Details: Similar to the 1879 version, the 1880 Shield Nickel had a low mintage, increasing its rarity and value.
7. 1942-P Jefferson War Nickel
- Estimated Value: Up to $800
- Details: Minted during World War II, these nickels contain silver due to wartime metal shortages. The “P” mint mark above Monticello’s dome distinguishes it.
8. 1950-D Jefferson Nickel
- Estimated Value: $600 to $800
- Details: Known for its low mintage, the 1950-D Jefferson Nickel is a key date for collectors seeking to complete their sets.
9. 1939 Doubled Monticello Jefferson Nickel
- Estimated Value: Up to $500
- Details: This coin exhibits doubling on the Monticello building on the reverse side, a result of a die error, making it a valuable find.
Valuable Nickels Still in Circulation
| Year | Type | Estimated Value | Notable Feature |
|---|---|---|---|
| 1926 | Buffalo Nickel | Up to $4,200 | Low mintage |
| 1916 | Doubled Die Obverse Buffalo | Up to $3,800 | Doubling on obverse |
| 1918 | Overdate 1918/17-D Buffalo | Up to $3,500 | 1918 over 1917 date |
| 1879 | Shield Nickel | Up to $2,400 | Limited mintage |
| 1937 | 3-Legged Buffalo | Up to $2,000 | Missing leg on buffalo |
| 1880 | Shield Nickel | Up to $2,000 | Low mintage |
| 1942 | Jefferson War Nickel | Up to $800 | Silver content, “P” mint mark |
| 1950 | Jefferson Nickel | $600 to $800 | Low mintage |
| 1939 | Doubled Monticello Jefferson | Up to $500 | Doubling on Monticello |
Identifying and Preserving Valuable Nickels
To determine if you possess one of these valuable nickels, examine the coin’s date, mint mark, and any unique features such as doubling or overdates. Utilizing a magnifying glass can aid in spotting these details. Preserving the coin’s condition is crucial; avoid cleaning it, as this can reduce its value. Storing coins in protective holders can prevent damage and maintain their worth.
FAQs
How can I identify a 1937-D 3-Legged Buffalo Nickel?
Look for the absence of the front foreleg on the buffalo image. Additionally, the “D” mint mark below the words “Five Cents” indicates it was minted in Denver.
Why are 1942-P Jefferson War Nickels valuable?
During World War II, these nickels were minted with a silver composition to conserve nickel for the war effort, making them unique. The “P” mint mark above Monticello’s dome is a distinguishing feature.
What is a doubled die error?
A doubled die error occurs when the coin design is impressed twice at slightly different angles or positions, resulting in noticeable doubling of design elements.
How should I store my valuable nickels?
Store them in protective coin holders or albums to prevent physical damage. Keep them in a cool, dry place to avoid environmental deterioration.
Is cleaning my old nickels recommended?
No, cleaning coins can diminish their value by causing scratches or removing the natural patina that collectors find desirable.
By staying vigilant and informed, you might discover that a simple nickel in your possession holds significant historical and monetary value.
