While this technique increased the number of coins minted and reduced production time, it also resulted in some of the coins having a faded design. One interesting minting error is when the wrong year's die is used to stamp the reverse, or back, side of the coin. It will tell you the current price of nickel today. In 2016, a high-quality version sold for $105,750, or $127,400 in 2022 dollars. This means that if you can find one that is struck exceptionally well, you might have one of the most expensive nickels. 16. Also known as full-step nickels, these coins can fetch more than $100, especially for uncirculated, mint state coins. An avid antiques collector herself, Kate has written about antiques for many years. These rare dimes may be small, but their values are mighty, including one that's worth more than $1 million. Of all the Buffalo nickels ever produced, the production run at the San Francisco mint in 1926 yielded only 970,000. 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. 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. While overstamps like this are very rare, they are even rarer with two separate years. 4.) But when you do the math, youre not going to make much money doing that. Therefore, uncirculated examples in pristine condition are few and far between. When the Liberty Head nickel design was first released in 1883, the word cents was omitted from it. 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 Jefferson nickel from 1944 comprises 56% copper, 35% silver, and 9% manganese. The majority of nickels are worth between $0.05 and $1. During the reverse coin die manufacturing, sloppy workmanship resulted in this die variety. On the 1914 4 Over 3 Buffalo nickels, you can see a 3 sticking out from the overcast 4. This resulted in coins with a low relief or weak strike in some places, especially on the staircase. This shows up especially well in the word "MONTICELLO" and in "FIVE CENTS." The face value isnt always telling the truth anymore. Work on memorizing this list of years and you might be able to identify some valuable nickels easily. No matter what condition these coins are in, they tend to be valuable. One sold for $32,900 in 2016. 1937 D 3 Legs Buffalo Nickel. However, if the coin is rare, uncirculated, or brand new, it can be worth between $225 and $275! 1941 Proof Minting - $18,800 Although 18,700 proof So, the U.S. Mint held a contest to find a suitable design for the next coin after the Buffalo nickel. 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. Manage Settings Circulated coins of this date are scarce but obtainable for the common collector. This coin's high level of preservation and dramatic eye appeal make it an extremely valuable coin. Sold: October 2006; Heritage Auctions, 2006 October Dallas Signature Coin Auction, Dallas, TX. The vast majority - around 44million - were minted in Philadelphia, and another 5.6million were made in Denver. Value: $5,842. But youll need to make sure they are in excellent condition to get top dollar, shoot for grade 65 or higher. And those special times can turn everyday items like nickels into the worlds most expensive nickels potentially worth millions of dollars. 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 1944 nickel, like all the others in the series, was struck at the Philadelphia, Denver, and San Francisco mints. It sold for $14,100 in 2014. Real Helpful. Why would the U.S. government spend millions even billions of dollars making a bunch of coins if Americans are simply going to melt them down? 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. Buffalo nickels, also known as Indian Head nickels, were in production from 1913 to 1938, making the majority of them somewhat rare today. So, the news about nickels being worth more than face value. In other words, a Good condition coin will be worth less than an Extremely Fine or Uncirculated one. This resulted in a still visible overdate with the 7 showing underneath the 8. As was typical, the San Francisco mint produced the fewest number of nickels, making these coins rare. In 2008, just before the recession, one sold for $125,350, or $168,300 in 2022 dollars. In this article, you will find out how much your 1944 nickel is worth. Here is another mint error caused by the improper manufacturing of a coin die. The design encompasses the entire two-dimensional span of the house, including the left and right-wing and the staircases at the entryway. Just like the 1916 doubled die obverse Buffalo nickel, this coin was also the result of sloppy workmanship at the United States Mint. Properly creating a coin die requires multiple impressions from the master hub. The nickel used to make the coins was diverted for war purposes. Youre looking for examples that are few in existence. Copper and Nickel Prices SOARING! The silver war nickels of 1942 through 1945 are exempt from this melt ban. Generally, a 1944 off-center nickel error with at least 5% of the design missing is worth between $5 and $10. Anthony Dollar Over Jefferson Nickel. In the collecting world, the fact that these little mistakes slipped through means big money. 1935 Buffalo Nickel PCGS MS63 DDR FS-801 (FS-018) 5c Well start by looking at the history of the nickel. In excellent condition, these are valued at around $7,100 today. A 1942 proof from the Philadelphia Mint exhibits exceptional contrast and is in beautiful shape. To accurately identify this coin, look for a strong doubling on the reverse of the coin. Because those nickels are made from a 35% silver composition and are not a significant part of pocket change and circulation anymore. The first with Five Cents on it, which was later removed for fear of degradation in favor of the Type 2. Yet there are times when money is more valuable. It's worth looking closely at 1964-D nickels just in case, since one in beautiful condition sold for $19,800 in 2022. Because of errors, low mintage, or age, many US coins have become exponentially more valuable than their denomination implies. If I get lucky and find any coins that I wish to keep, I can just swapthose out with common pieces, and trade the roll back in for more coins. But, a nickel from the same year in which at least 50% of the design is missing but the date is fully visible, is worth $100 or more. The Jefferson coins have quite an interesting history, but more important is that these coins are worth more than face value. 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. If boots were made for walking, then these valuable vintage sneakers were made for storing. Regardless of the circumstances that created this extremely rare nickel, every coin collector would love to have one of these in their collection. This comes at no extra cost for you and supports our team to create more content. Lower-grade coins The Jefferson nickel has been in circulation since 1938, and it remained mostly unchanged until 2004. The 1944 doubled die nickels are quite rare but extremely desirable, with nickels showing strong doubling fetching a higher value. 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. If it was legal in the United States, everybody would be doing it to double or triple their money in melt value, and there would be a huge coin shortage. Still, few of the coins were sharp and clear, and it's rare to see the full steps of Monticello on one. In 2012, one sold for $48,875 at auction, equivalent to $61,550 in 2022 dollars. 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. Aside from using worn dies, the mint also devised a mechanism for striking more coins by mounting two dies on one press. 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. The mint overused the die, taking too long before replacing them. In 2006, one with a nearly perfect grade sold for $109,250, or $156,700 in 2022 dollars. There are about 7,000 of these coins still in existence today, with around 6,900 of them in circulation. 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. This overstamping makes the D over S nickel rare, and it's especially rare in the full steps version and near mint condition. Check Your Pocket Change for These Valuable Dimes, 25 Most Valuable Jefferson Nickels Worth Over 10K, storing them carefully to preserve their condition, 2007 George Washington Dollar Over Jefferson Nickel, 1979 Susan Be. In 1918 the United States was in the midst of World War I. 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 uncirculated condition, the coin can fetch up to $700. The other 75% is copper! Other Jefferson nickels outside of 1964 can be valuable too. The war nickels have the same design as the pre-war Jefferson nickels. 2002-2023 LoveToKnow Media. You can identify these by looking carefully at the steps of Monticello. ; Records have also been broken in 2021 for the 1964 Nickel D/D grade MS65 selling for The value of a 1944 S nickel depends on the coins condition. Although these nickels are quite common, some in mint uncirculated condition can fetch you a neat sum. The San Francisco mint struck 21,640,000 Jefferson nickels in 1944. This is the lowest mintage of any coin in the Buffalo Nickel series. One sold for $15,275 in 2013. It is worth noting that Jefferson nickels with all the steps on the Monticello entryway showing are highly desirable. You can find a range of nickels worth money in many years, including 1880, 1885, 1919, 1920, 1926, 1927, 1936, 1937, 1942, and 1964. Virtually all Lincoln pennies made before 1982 are worth 2 to 3 cents just for their copper value let alone their collectible merits. Finally, youll want to become acquainted with the world of grading valuable coins. Over 1.4 million 1924-S Buffalo Nickels were created. WebYou may add up to 4 additional photos online on Nickel's Worth website for a flat $5. If you want to know some valuable nickels to look out for, add this one to your list. WebThese coins were made entirely from silver, and were much smaller. They can be worth up to $11,100 if in exceptional condition. 2023 LoveToKnow Media. Specifically, the denomination FIVE CENTS and minor doubling on the motto E PLURIBUS UNUM. 1927 S Buffalo Nickel - Worth $5,000. One in amazing shape sold for $32,900 in 2014. $31.95 Free Shipping Seller: Adventurecoins On the 1944 nickel, the obverse features the left-facing portrait of President Thomas Jefferson adorned in a wide-collared tuxedo with his hair held back in a low ponytail. Now, bear in mind the fact that nickel values are constantly fluctuating as are precious metals prices across the board. In addition, when considering the Philadelphia and San Francisco coins, most 1944 S nickels are worn or generally in poor condition. 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. These are usually the most expensive nickels you can find. Thats when the Westward Journey nickelshonoring the bicentennial of theLewis and Clark expeditionwere released, bringing new obverse and reverse designs to the 5-cent coin. A star separates the word LIBERTY and the date. 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. 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. Any war nickel is worth at least its weight in silver. The existing examples only have minor doubling, but these rare coins are worth between $25 and $100, but it is common for doubled die nickels to fetch more. James Bucki is a nationally-recognized coin collector and numismatic expert and author, sharing his knowledge and specialized training in coin grading, minting errors, and collection techniques. Only 16,000 were made for circulation. Currently, there are no know strong doubled die 1944 nickel errors. This nickel wouldnt win contests for drawing within the Iines, but thats what makes it so special. Rare vinyl can be worth its weight in gold. In the early 1940s, cameo coins with deep texture were very rare. In fact, the most valuable Jefferson nickels are worth thousands of dollars. These imperfections must have been substantial because the worker polished the die beyond usual standards. While many years have a plentiful number of circulated and proof examples, 1867 is not the case. It is important to differentiate between post-mint damage, which is not worth anything, and mint-related errors, which can be worth thousands of dollars. The Philadelphia mint struck 119,150,000 Jefferson nickels in 1944. 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. Lets say youre looking for really old nickels to collect. Next up: Most Valuable Dimes A List Of Silver Dimes & Other Dimes You Should Hold Onto! document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 1944 Nickel Value (Rare Errors, D, S & P Mint Marks), 17 Most Valuable Nickel Errors In Circulation, 1974 Nickel Value Guides (Rare Errors, D, S and No Mint Mark), 1946 Nickel Value Guides (Rare Errors, D, S and No Mint Mark), 1943 Nickel Value Guides (Rare Errors, D, S and P Mint Mark), 1926 Buffalo Nickel Value (Rare Errors, D, S & No Mint Marks), 1963 Nickel Value (Rare Errors, D & No Mint Marks), 1920 Buffalo Nickel Value (Rare Errors, D, S & No Mint Mark), 1962 Nickel Value (Rare Errors, D & No Mint Marks), 1911 Wheat Penny Value (Rare Errors, D, S & No Mint Marks), 1979 Nickel Value (Rare Errors, D, S & No Mint Marks), 1986 Half Dollar Value (Rare Errors, D, S & No Mint Marks). This post may contain affiliate links. 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. Rarity is a crucial factor in collectibles of all sorts, and with the Buffalo nickels, that is hard to come by. A total of 32,309,000 Jefferson nickels were struck at the Denver mint in 1944. Sold: August 2007; Bowers & Merena, Rarities Coin Auction. Yes, you read that correctly more than 3 times its face value! A 1964 nickel is worth about $5 on the market today. Find Out If You Have Any. However, some examples are worth far more than five cents. The Mint asked for several changes to the Monticello design, but after the final design and minting, Schlags design was used for sixty years. They were only 16,000 coins minted for circulation, and that makes it the lowest production quantity in the entire series. Get expert tips for collecting and caring for your Depression glass. 7.) 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. 1917-S Buffalo Nickel. One specimen is one of the most expensive nickels ever sold on eBay at $175,000. At Luxe Digital, we independently research, review, and recommend products we love and that we think you will love, too. 14 Stylish Ideas to Repurpose Old Shutters. But the 1920-D, out of the Denver Mint, is one of those special examples that has few pristine nickels left from the 9.5 million produced. If youre a sucker for three-legged animals, then this nickel is sure to be a sight for sore eyes. Learn how to spot these treasures so you don't accidentally put them in a parking meter or gumball machine. It is clear that the Philadelphia facility produced a large number of Jefferson nickels in 1944, and most were released into general circulation. However, well-struck uncirculated coins that exhibit the finer details of the design are few and far between. Very few were set aside for collection, and of those, there aren't many in near mint condition. 3.) 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. To buy the food we eat, the house we live in, and the things we do. The special strike 1964 Jefferson nickels are some of the most valuable rare nickels wanted by collectors. If the full steps show, this coin could be worth thousands. 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). WebCopper prices have been up, and so, too, are nickel values. Lets now look at some common questions regarding the 1944 nickel. The low production quantity has resulted in fierce competition for well-struck coins that are in pristine condition. Not all 1942 nickels have the large mintmarks over Monticello. If you're extremely lucky one of the pennies you get may be old and possibly worth 2 cents. 7Most Valuable Star Wars Trading Cards Worth Thousands. The most expensive 1944 D nickel graded at MS67 was sold at $1,840 in 2006. Sold: April 2008; Bowers & Merena; The April 2008 Chicago Rarities Sale. When a coin is struck twice but the planchet (or coin blank) is rotated between the double strike, it creates a very rare and interesting minting error. Having said that, erosion can cause some of these same problems, so you need to know what is original and what isnt. In fact, for most of 1942, the 5-cent coin was made from nickel. At a 2006 auction tracked by PCGS, one of these coins in mint condition sold for $350,750. In one rare case, the owner of a 1964 nickel with a mirror brockage was able to obtain $1.15 million in an eBay sale. 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. That year, the Philadelphia, Denver, and San Francisco mints struck the Jefferson nickels, resulting in three varieties. While other mints and other years had millions of examples, only 970,000 Buffalo nickels came out of the San Francisco mint in 1926. More than 120 million of this reverse were minted, and about 40,000 still survive. 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. With nickel metal prices going up and up and up, even brand new nickel coins are worth more than their face value! If you were smart you'd trade that nickel in for 5 pennies. Fumes and smoke emanating from your house might tip off someone you least suspect and give them reason to report you to the authorities. 2005 Nickels Worth Money. Sold: November 2009; Bowers & Merena, The November 2009 Baltimore Auction. 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. Read more in our privacy policy. A Few of These Nickels Are Worth a Small Fortune. Sold: January 2015; Heritage Auctions, FUN U.S. On the other hand, Buffalo nickels are very popular, but I still This error happens when the coins design is impressed two times on the die. Step 1: Date and Mintmark Variety - Vintage nickels are identified and valued by date and mint variety. If you've got a few Jefferson nickels in your pocket, give them a closer look. My love for coins began when I was 11 years old. If it doesnt make you go cross-eyed, perhaps you can pick one up. 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 has made them nickels worth money and the ones in premium condition are valued at around $3,800 today. But the truly collectible nickels worth more than just their melt value. And the rest is collecting history that rivals even some of the worlds most valuable paintings or the most valuable stamps. 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. 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. Some researchers speculate that unscrupulous mint workers used Liberty Head nickel dies that were intended to be used to produce Liberty Head nickels in case the Buffalo nickel dies were not ready in time for production in 1913. If you look at the reverse side of some 1939 Jefferson nickels, you may notice that there's a double stamping. 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. 25 Most Valuable Nickels (Updated 2021) 1.) Picture classified prices for other papers (minimum charge): All 10 cents per word after 30 words My love for coins began when I was 11 years old. Incidentally, it cost the U.S. Mint 2.1 cents to strike each penny in 2021. Confirm your nickel's variety. 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. The 1920-D Buffalo nickel has a reasonably low mintage at slightly less than 10 million coins. 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. They are readily available in circulated grades but very rare in well-struck high grades. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! The overzealous die polishing removed the buffalo's front leg but left the hoof on the ground. Real Experiences. All products featured in this article are independently selected by our editors. These are the most valuable nickels: Pay attention to the photos and details below to see if you have one of these valuable nickels in your piggy bank. 2005 Nickels Worth Money. Real People. 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. So, most of the circulation nickels from this year will appear significantly damaged. Although 18,700 proof copies of the 1941 nickel were struck, most entered circulation. Even in poor condition, these coins are worth at least $2,000, and they can sell for more than $50,000 in circulated condition. Still, old nickels are definitely worth holding onto, given their collectible value and, in some cases, rarity. The war nickels have the same design as the pre-war Jefferson nickels. The Liberty Head nickel is surrounded by controversy from its very beginnings. The top of the number is flat instead of rounded, and the middle appears thicker than it should. One in mint condition sold for $28,750 in 2011. Here are the most valuable 1944 nickel errors you should look out for: As the name suggests, a repunched mintmark error occurs when the mintmark is struck more than once or punched at the wrong angle. Like the 1918 nickel, some variations of the 1916 Buffalo five-cent piece contain errors. Now, there is one major exception to this rule. The full steps version of the 1964 Jefferson nickel is rare, but it's even rarer in a soft satin finish. Heresa list of the nickels you should be looking for. If the sides of the steps are wavy and less distinct, you may have this subtle and valuable minting error. 1972 Dollar Coin Value See How Much Your 1972 Eisenhower Silver Dollars Are Worth! Unfortunately, between the mid-1800s and the late 1800s, the United States Mint only produced Proof coins to the demand of collectors. These coins are very rare, with only eight examples known; however, they're also very easy to miss. 8.) Theres a technique I normally use when Im looking for old nickels, and its called coin roll searching. For their copper value let alone their collectible merits surrounded by controversy from its very.... You and supports our team to create more content has a reasonably mintage! 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