Nickels are common coins in the United States, but some rare errors make specific nickels worth a fortune. These errors occur during the minting process and can dramatically increase a nickel’s value. In this article, we’ll explore the 10 most valuable nickel errors that are still in circulation today.
1. 1913 Liberty Head Nickel
One of the most famous error nickels, the 1913 Liberty Head Nickel, is a coveted collector’s item. Only five are known to exist, making them extremely rare and valuable. A specimen sold for over $5 million at auction.
2. 1942-D Over Horizontal D Jefferson Nickel
This coin features a rare minting error where the mint mark “D” appears horizontally and vertically. Its rarity and unique error make it worth thousands of dollars.
3. 1954-S S/D Jefferson Nickel
This rare error involves a repunched mint mark, where an “S” was struck over a “D.” These nickels can fetch hundreds to thousands of dollars.
4. 1964-D Over D Jefferson Nickel
This coin has a repunched “D” mint mark, increasing its value to collectors. Pristine examples can sell for several thousand dollars.
5. 1971 No-S Proof Jefferson Nickel
Proof coins from San Francisco usually have an “S” mint mark, but some 1971 nickels are missing it entirely. These error nickels are worth a small fortune.
6. 2005 Speared Bison Nickel
This modern error features a die gouge on the bison’s back, resembling a spear. Collectors pay hundreds for well-preserved examples.
7. 2004-D Wisconsin Extra Leaf Nickel
This coin has an additional leaf on the corn stalk, either high or low. The error significantly increases its value, with prices ranging from $100 to $1,000.
8. 1983-P Doubled Die Reverse Nickel
A doubled die error can be seen on the coin’s reverse, particularly in the word “Monticello.” These coins are highly sought after and valuable.
9. 2000-P “Cheerios” Jefferson Nickel
Distributed as part of a Cheerios promotion, this nickel is notable for its distinct die characteristics, making it worth hundreds.
10. 1939 Doubled Monticello Nickel
This coin shows doubling on the word “Monticello” on the reverse. A high-grade example can sell for thousands.
Table: Summary of Most Valuable Nickel Errors
| Nickel Error | Estimated Value |
|---|---|
| 1913 Liberty Head Nickel | $5 million+ |
| 1942-D Over Horizontal D | $1,000 – $50,000 |
| 1954-S S/D Jefferson Nickel | $100 – $1,000 |
| 1964-D Over D Jefferson Nickel | $500 – $5,000 |
| 1971 No-S Proof Jefferson Nickel | $1,000 – $10,000 |
| 2005 Speared Bison Nickel | $100 – $1,000 |
| 2004-D Wisconsin Extra Leaf | $100 – $1,000 |
| 1983-P Doubled Die Reverse | $50 – $500 |
| 2000-P “Cheerios” Nickel | $100 – $1,000 |
| 1939 Doubled Monticello Nickel | $1,000 – $5,000 |
Conclusion
Collecting coins can be a profitable hobby, especially if you know what to look for. Keep an eye out for these valuable nickel errors still in circulation. Who knows? You might just strike it rich!
FAQs
1. How do I know if my nickel is an error coin?
Inspect your coin for anomalies such as doubled die marks, missing mint marks, or unusual engravings. Consulting a coin expert is recommended.
2. Are all old nickels valuable?
Not necessarily. Only rare errors and specific mintages hold significant value.
3. Can error nickels still be found in circulation?
Yes, though it’s rare. Checking change and coin rolls can occasionally yield valuable finds.
4. Why are error nickels so valuable?
Their value stems from their rarity and uniqueness, as well as demand among collectors.
5. Where can I sell a valuable error nickel?
You can sell error nickels at coin shows, auctions, or online marketplaces specializing in rare coins.
