Nickels are often seen as just five-cent coins, but some are actually worth a lot more than we think. While most nickels only have a small value, some rare coins can be worth thousands or even millions of dollars. These valuable nickels are often rare due to minting errors, unique designs, or their historical importance. In this article, we will explore the top 10 most valuable nickel coins and what makes them so special.
Top 10 Most Valuable Nickel Coins
Here’s a list of the top 10 most valuable nickel coins, showing their unique features, values, and why they’re so rare:
| Rank | Coin Name | Key Feature/Error | Value (Estimated) |
|---|---|---|---|
| 1 | 1913 Liberty Head Nickel (PR66) | Unauthorized production, extremely rare | $6.25 million |
| 2 | 1937-D Buffalo Nickel, 3 Legs (MS66) | Over-polished die, missing buffalo leg | $150,000 (highest quality) |
| 3 | 1916 Buffalo Nickel, Double Die Obverse (MS63) | Double die error (design stamped twice) | $175,000 (highest quality) |
| 4 | 1938-D/S Buffalo Nickel | “D over S” mintmark error | $30,000 (highest quality) |
| 5 | 1954-S Jefferson Nickel, MS67 Full Step | Full visibility of steps on Monticello | $50,000 (highest quality) |
| 6 | 1938-D Jefferson Nickel, MS68+ Full Step | Full steps on Monticello | $35,000 (highest quality) |
| 7 | 1918/7-D Buffalo Nickel (MS65) | Overdate error (7 under 8) | $450,000 (highest quality) |
| 8 | 1880 Shield Nickel (MS66) | Low mintage, rare coin | $198,000 (highest quality) |
| 9 | 1936-D Buffalo Nickel, 3 ½ Legs (MS63) | Over-polished die, missing part of buffalo leg | $30,000 (highest quality) |
| 10 | 1913 Liberty Head Nickel (PR66) | Same as above (listed twice for its value) | $6.25 million |
Detailed Breakdown of Each Valuable Nickel
1. 1913 Liberty Head Nickel (PR66)
The 1913 Liberty Head Nickel is one of the rarest coins in U.S. history. Only five known examples exist, and it was produced without permission from the U.S. Mint, making it even more desirable to collectors. This coin’s value has reached $6.25 million in the past, making it the most expensive nickel in the world.
2. 1937-D Buffalo Nickel, 3 Legs (MS66)
The 1937-D Buffalo Nickel has a significant error where one of the buffalo’s legs is almost completely erased due to a minting mistake. Only a few hundred of these coins are known to exist, and the finest examples are valued at around $150,000.
3. 1916 Buffalo Nickel, Double Die Obverse (MS63)
The 1916 Buffalo Nickel features a double die obverse error, meaning the design was stamped twice. This coin went unnoticed for years but has since become very popular among collectors, with its value reaching as much as $175,000 for high-grade examples.
4. 1938-D/S Buffalo Nickel
The 1938-D/S Buffalo Nickel is famous for its mintmark error, where a “D” mintmark was stamped over an “S” mintmark. Coins with this rare error can be worth up to $30,000 in top condition, especially those with clear visibility of the mintmark.
5. 1954-S Jefferson Nickel, MS67 Full Step
The 1954-S Jefferson Nickel is rare because it has full steps clearly visible on the back of the coin, where Monticello is depicted. Only a handful of these coins exist with such perfect detail, and the value of these top-quality coins is around $50,000.
6. 1938-D Jefferson Nickel, MS68+ Full Step
Like the 1954-S Jefferson Nickel, the 1938-D Jefferson Nickel is valuable for its clear full steps on the Monticello building. The best examples of this coin can be worth over $35,000.
7. 1918/7-D Buffalo Nickel (MS65)
The 1918/7-D Buffalo Nickel features an overdate error, where a “7” is visible beneath the “8” in the year 1918. This error is rare, and the coin can fetch up to $450,000 when in high condition.
8. 1880 Shield Nickel (MS66)
The 1880 Shield Nickel is rare because only about 20,000 of them were made. In mint condition, they can be worth as much as $198,000. This coin is highly sought after for its unique design and low mintage.
9. 1936-D Buffalo Nickel, 3 ½ Legs (MS63)
The 1936-D Buffalo Nickel has a “3 ½ Legs” error, caused by a die over-polishing. This error makes it a very rare find, and in good condition, it can be worth around $30,000.
10. 1913 Liberty Head Nickel (PR66)
This coin makes the list again because of its extreme rarity and value. The 1913 Liberty Head Nickel is one of the most famous and expensive coins ever sold. Its value remains around $6.25 million.
Conclusion
Nickels are not just small change – some rare nickels are worth more than a fortune! Coins like the 1913 Liberty Head Nickel and the 1936-D Buffalo Nickel with its “3 ½ Legs” error have become priceless due to their unique features and scarcity. Whether you are a coin collector or just curious, understanding which nickels are valuable can help you spot hidden treasures in your own change.
FAQ’s
What makes a nickel coin valuable?
A nickel coin becomes valuable when it has rare features like minting errors, low mintage, or special historical significance. Coins with errors, such as missing details or double stamps, can be worth a lot more than their face value.
How can I tell if my nickel is worth money?
Look for signs of rarity, such as unusual mintmarks, misprints, or unique features like clear full steps on Jefferson nickels. It’s also important to check the coin’s condition—higher-quality coins are usually more valuable.
Are there any common nickel coins worth money?
Yes! Coins like the 1937-D Buffalo Nickel with a three-legged error or the 1913 Liberty Head Nickel are well-known for being extremely valuable. Keep an eye out for these special types of coins in your collection!