While most nickels in circulation are worth their face value, there are some exceptions. Certain American nickels, whether due to their composition, rarity, or errors, can be quite valuable to collectors. In this article, we’ll explore seven types of valuable American nickels that you might find in your pocket change.
1. 1942-1945 War Nickels
During World War II, nickel was a critical material needed for the war effort. To conserve nickel, the composition of nickels was changed, resulting in the production of “War Nickels.” These nickels, minted from 1942 to 1945, are composed of 35% silver, making them more valuable than regular nickels. Keep an eye out for these silver wartime coins—they can fetch a premium price.
2. 1938-D Buffalo Nickel
The 1938-D Buffalo Nickel, particularly in higher grades, can be quite valuable to collectors. Look for coins with a strong strike and minimal wear, as these tend to command the highest prices in the numismatic market. Even in circulated condition, a 1938-D Buffalo Nickel can still hold significant value.
3. 1950-D Jefferson Nickel
Another valuable American nickel is the 1950-D Jefferson Nickel. This coin, especially in higher grades, is sought after by collectors. Pay attention to the steps on the Monticello building on the reverse of the coin—coins with full steps are more desirable and command higher prices in the collector market.
4. 2004 and 2005 Jefferson Nickels
In 2004 and 2005, the U.S. Mint produced Jefferson Nickels with notable errors, making them valuable to collectors. Examples include the “Speared Bison” variety, where the buffalo on the reverse appears to have a spear through its back, and the “Ocean in View” reverse, which features a dramatic double die error. Keep an eye out for these error coins—they can be worth more than their face value.
5. 1939-D Jefferson Nickel
While not as valuable as some of the other nickels on this list, the 1939-D Jefferson Nickel can still fetch a decent price, especially in higher grades. Look for coins with sharp details and minimal wear, as these tend to be more desirable to collectors.
6. 2009 Jefferson Nickels
In 2009, the U.S. Mint issued special designs for the Jefferson Nickel to commemorate significant events in American history. These designs include images honoring the bicentennial of Abraham Lincoln’s birth and the Lewis and Clark expedition. These special-issue nickels can be collectible, especially in uncirculated condition.
7. Off-Center Strikes and Double Dies
In addition to specific coin designs and compositions, valuable American nickels can also result from minting errors. Keep an eye out for nickels with off-center strikes or double die errors, as these mistakes can significantly increase their value to collectors. Even minor errors can turn an ordinary nickel into a valuable collectible.
Conclusion
While most nickels in circulation are worth their face value, there are exceptions to the rule. Valuable American nickels, whether they’re silver wartime coins, rare date varieties, or error coins, can fetch significant prices in the collector market. Keep an eye out for these valuable coins in your pocket change—you never know when you might stumble upon a hidden treasure.
