Nickels, the five-cent coins in the United States, are often overlooked in everyday transactions. However, some of these coins are worth much more than their face value. Whether due to rare minting errors, limited edition designs, or unusual features, certain nickels can fetch prices well beyond their usual worth. In this article, we’ll explore the top 10 most valuable American nickels that you might still find in circulation today.
1. 1913 Liberty Head Nickel
The 1913 Liberty Head Nickel is one of the rarest and most valuable nickels in the U.S. A small number of these coins were minted illegally, making them extremely rare. This coin can be worth millions, with one even selling for over $4 million at auction.
Why It’s Valuable:
- Illegal minting.
- Very few in existence.
- Highly sought after by collectors.
2. 1964 Jefferson Nickel (SMS Variety)
While most 1964 Jefferson Nickels are not worth much, a special variety minted as part of the Special Mint Set (SMS) can be worth a significant amount. These coins were struck using a different process, making them more shiny and detailed.
Why It’s Valuable:
- Special minting process.
- Higher quality finish compared to regular coins.
- Rarity increases value.
3. 1942-D Over S Jefferson Nickel
The 1942-D Over S Jefferson Nickel features a minting error where the “S” mintmark was overstruck with a “D” mintmark. This error makes the coin highly collectible and can be worth up to $100,000 depending on its condition.
Why It’s Valuable:
- Minting error creates a unique feature.
- High demand from collectors.
- Limited availability.
4. 1939 Jefferson Nickel (Double Die Obverse)
The 1939 Jefferson Nickel with a double die obverse is another rare find. This minting error results in a doubled image of Jefferson’s portrait on the coin’s front. Depending on condition, this coin can be worth over $20,000.
Why It’s Valuable:
- Minting error (double die).
- Distinct double image on the obverse.
- High collector interest.
5. 2004 Jefferson Nickel (Westward Journey Series)
The 2004 Jefferson Nickel from the Westward Journey Series features a unique design commemorating the Lewis and Clark expedition. Coins from this series, especially those with rare mint errors, can be worth more than regular nickels.
Why It’s Valuable:
- Part of a special series with historical significance.
- Rare minting errors increase value.
- Collectible due to unique design.
| Nickel Name | Year | Key Features | Estimated Value | Why It’s Valuable |
|---|---|---|---|---|
| 1913 Liberty Head Nickel | 1913 | Unique design, limited mintage, no mint mark on some coins | Millions (rare, auction results vary) | Extremely rare, only five known to exist, often sold for millions at auctions. |
| 1942-D Over S Jefferson Nickel | 1942 (minted in Denver) | Overstruck mint mark (D over S), error coin | $100,000+ | Rare minting error makes this coin highly sought after by collectors. |
| 1939 Double Die Obverse | 1939 | Double die error on the obverse, noticeable doubled lettering | $50,000 – $100,000 | Minting error causes doubled features, making it valuable to collectors looking for rare variations. |
| 1943 Copper Nickel | 1943 | Rare copper version (normally made of steel) | $100,000+ | A mistake during World War II minting led to a few copper nickels being produced, making them incredibly rare and valuable. |
| 1950-D Jefferson Nickel | 1950 | Low mintage (only 2.6 million produced) | $25,000+ | Low mintage year makes this nickel rare and valuable in good condition. |
| 1939 Jefferson Nickel | 1939 | First year of Jefferson design, low mintage | $5,000 – $10,000 | Early production of the Jefferson Nickel, especially in high grades, is valuable to collectors. |
| 1964 Special Mint Set Nickels | 1964 | Came in special mint sets, few available in circulation | $20,000+ | Nickels from special mint sets with proof-like finish are highly valuable. |
| 2004-2005 Westward Journey Nickel Series | 2004-2005 | Unique design series, limited special versions | $1,000+ | Specific rare versions from this series, including the 2005 “Ocean in View” design, are valuable for collectors. |
| 2009 Nickel | 2009 | Reverse design with multiple variations | $1,500+ | Limited edition and some error versions of the 2009 Nickel can fetch high prices due to demand for unique items. |
| 2006 D Full Torch Jefferson Nickel | 2006 | Full torch on reverse, good strike quality | $500+ | A particular variation of this coin with a sharp strike is rare and valuable in mint condition. |
6. 1938-D Jefferson Nickel
The 1938-D Jefferson Nickel was the first year the Jefferson design replaced the older Buffalo nickel. Though not as rare as some others, well-preserved examples can be worth hundreds of dollars.
Why It’s Valuable:
- First year of the Jefferson design.
- Collectible for historical significance.
- Higher value in mint condition.
7. 1997-S Jefferson Nickel (Proof)
Proof coins are specially made for collectors and have a higher finish. The 1997-S Jefferson Nickel, minted as a proof coin, is worth more than a regular nickel, especially if it is in mint condition.
Why It’s Valuable:
- Proof coin with high-quality finish.
- Made specifically for collectors.
- Collectible due to limited mintage.
8. 1950-D Jefferson Nickel
The 1950-D Jefferson Nickel is rare due to a low mintage. Although it wasn’t a major minting error, its scarcity has made it highly desirable among collectors. In excellent condition, it can be worth over $2,000.
Why It’s Valuable:
- Low mintage in 1950.
- Scarcity makes it a valuable find.
- High demand among coin collectors.
9. 1971-S Jefferson Nickel (Proof)
The 1971-S Proof Jefferson Nickel is another coin that was specially minted for collectors. This coin is a part of the larger 1970s proof series, and it has a higher value when kept in excellent condition.
Why It’s Valuable:
- Proof coin meant for collectors.
- Rare due to its special minting process.
- High collector interest in mint condition.
10. 2009 Jefferson Nickel (Log Cabin Design)
The 2009 Jefferson Nickel featuring the “Log Cabin” design is part of the Westward Journey Series and marks a special commemorative issue. Though not as valuable as others, this coin is still of interest to collectors, particularly those focused on the series.
Why It’s Valuable:
- Part of the commemorative Westward Journey Series.
- Historical significance.
- Collectible due to its special design.
FAQs
What makes certain nickels worth over $100,000?
Some nickels are worth more than their face value because of rare minting errors, low mintage, or unique features. Collectors pay a premium for coins with these rare characteristics, especially when they are in excellent condition.
How can I tell if my nickel is valuable?
To determine if your nickel is valuable, look for signs of minting errors (like double dies or overstruck mint marks), check the year and design, and assess its condition. Coins in mint or near-mint condition are typically more valuable.
Which nickel is the most valuable?
The 1913 Liberty Head Nickel is the most valuable and can sell for millions of dollars. However, rare versions of the 1942-D Over S Jefferson Nickel, 1939 Double Die Obverse, and certain proof coins are also highly valuable.
Can I find rare valuable nickels in my change?
Yes, it is possible to find rare and valuable nickels in your pocket change, though it is very rare. Always check coins from certain years and look for minting errors, such as doubled images or unusual mint marks.
Why are coins with minting errors so valuable?
Coins with minting errors, like double die or overstruck mint marks, are considered mistakes. Because they are so rare, collectors are willing to pay a lot of money for them. These errors make the coin unique, which increases its value.
While most nickels are worth just five cents, there are rare exceptions that are worth much more. Whether it’s due to minting errors, unique design features, or limited editions, these top 10 valuable nickels highlight just how much certain coins can appreciate over time. If you’re a coin collector or even just interested in finding hidden treasures in your pocket change, keep an eye out for these rare nickels that could make you a small fortune.
