Most coin collectors value United States minted Jefferson nickels since 1938. The majority of the coins, however, do not have a huge difference in value, except for some special editions and mistakes. Some of these rare and mistake-bearing coins may sell on the market for thousands or tens of thousands of dollars.
Now let us look at five Jefferson nickels that made huge mistakes in manufacture and thus become valuable selling entities, along with seven other collector coins that people should keep safe.
1942/1 Jefferson Nickel Overdate Error:
Perhaps the most sought-after of the Jefferson nickels is the 1942/1 overdate. In this scarce coin, a “2” of 1942 is overlain on a “1” of 1941. Since it exists in such very small quantities, it’s one of the most valuable of the Jefferson nickels. The price of this 1942/1, depending on condition, could bring anywhere from $20,000 to $50,000 and higher.
1939-D Jefferson Nickel (D over D Mint Mark Error)
The 1939-D Jefferson nickel is another error coin that features a “D over D” mint mark mistake. It features the “D” mint mark of the Denver Mint printed over the already existing “D” mint mark. This error coin is rare and can sell for $10,000 to $15,000 if it is in good condition.
1950 Jefferson Nickel:
It is pretty rare because a little over 2.6 million coins were minted during this year. In good condition, a coin of this date could easily be sold for upwards of $10,000; the uncirculated version fetches much higher prices.
2009 Jefferson nickel
Reverse die error In 2009, the U.S. Mint struck some Jefferson nickels that contained a reverse die error which distorted the reverse design. These coins are highly prized by collectors as they contain an error in engraving. A 2009 nickel with a reverse die error can cost anywhere from $500 upwards, depending on the nature of the error and the condition of the coin.
1943 Jefferson nickel (silver alloy)
At the height of World War II, the US was experiencing a copper shortage, and as such, a limited number of silver alloy Jefferson nickels were made, as that was otherwise a copper and nickel alloy.
Collectors highly pursue silver Jefferson nickels and as such, ordinary coins are very much worthless to them. Silver 1943 Jefferson nickel is worth as high as $25,000, if it’s in good condition.
Seven Must-Have Coins for Collectors
| Year | Mint Mark | Description | Estimated Value (USD) |
|---|---|---|---|
| 1939 | D | Low mintage | $60 – $130 |
| 1997 | P | Special issue | $200 – $275 |
| 1949 | D Over S | Mint mark error | $160 – $550 |
| 1943 | P | Doubled Eye | $100 – $700 |
| 1945 | P | Doubled Die Reverse | $8 – $800 |
| 1964 | SMS | Special Mint Set | >$15,000 |
| 1971 | No-S | Proof without mint mark | Tens of thousands |
1893-S Morgan Dollar-
This is one of the rarest and most valuable coins in U.S. numismatics. Only about 100,000 coins were made, and an 1893-S Morgan dollar can sell for over $100,000.
Liberty Head Nickel–
Dated 1913-This was considered a bit of a fabled coin when the world gets talking about collecting. Only five in existence make each one truly worth millions to coin collectors everywhere.
1794 Flowing Hair Silver Dollar–
For many, it is the very first silver dollar of the U.S. Extremely rare, few of these silver dollars exist-the only ones ever minted: a handful have survived. Price for an uncirculated: over $10 million.
The 1933 Saint-Gaudens Double Eagle was minted during the Great Depression but their issue was made public. Most were melted down so that there are only a few left today worth millions of dollars each.
1916-D Mercury Dime–
One of the rarest dimes ever produced is the 1916-D Mercury Dime. Since only a few of these were ever made, it fetches over $1 million if it’s in good condition.
1944 Steel Penny–
The mint made a rather rare mistake coin during the middle of World War II. The 1944 steel penny is considered quite rare since most pennies of that year were made out of copper. In fact, a few of them were manufactured in steel, which can be worth over $100,000.
1861 Packet Reverse Double Eagle-
The 1861 Packet Reverse Double Eagle is one that is scarce given that it had a unique reverse design. Due to the limited quantity of this specific coin, it may also be sold up to more than $3 million.
Conclusion :
For the Jefferson nickels, some can also be priceless, such as the 1942/1 overdate, or the 1939-D “D over D” mint mark. Whether you are a new collector or a seasoned collector, it’s always thrilling to discover rare and precious coins you might have in your collection or even in your change. Other coins, like the 1913 Liberty Head nickel, the 1933 Saint-Gaudens double eagle, and the 1893-S Morgan dollar, are the ultimate coin collector dream. If you find one of these rare coins, you hold a small fortune on your hands.
FAQS:
Are all error coins valuable?
Not necessarily. The value depends on the rarity, type of error, and the coin’s condition. Some errors are common and may not significantly increase a coin’s value.
How do I determine the value of my Jefferson Nickel?
Consider factors such as the date of issue and mint mark, as well as the condition and any unusual errors. For an accurate determination, use a credible coin grading service.