The value of a 1964 five-cent coin (Jefferson nickel) can vary depending on its condition, mintmark, and any notable features or errors.
- Circulated condition: Most 1964 Jefferson nickels found in circulation are worth close to their face value of five cents due to the high mintage (over 2.8 billion were produced).
- Uncirculated condition: Uncirculated examples in good condition, especially those graded by PCGS or NGC, can be worth between $0.25 and $10.
- Full steps designation: Nickels with a “Full Steps” designation (indicating that all steps on Monticello are clearly visible) are highly sought after by collectors and can be worth hundreds or even thousands of dollars in high grades.
- Mintmark:
– 1964 nickels without a mintmark were minted in Philadelphia.
– Those with a “D” mintmark were minted in Denver.
– While the Denver Mint produced a larger number of coins, the value still depends primarily on the condition and any notable features.
- Minting errors: Some 1964 nickels have errors such as double dies, off-center strikes, or die varieties, which can significantly increase their value.
- Circulated: $0.05 to $0.20.
- Uncirculated: $0.25 to $10.
- Uncirculated with Full Steps: Potentially hundreds or thousands of dollars, depending on the grade.
It’s important to note that the 1964 Jefferson nickel is composed of 75% copper and 25% nickel and does not contain silver. The only Jefferson nickels that contained silver were issued from 1942 to 1945 due to wartime metal shortages.
Are nickels from 1964 worth anything?
High-grade examples (Mint State 65 or higher) command even higher premiums. Coins with the Full Steps designation—denoting fully visible steps on Monticello—are highly sought after. These valuable nickels 1964 can sell for $500 to $10,000+ at auction. The total price depends on their grade.
Why is a 1964 nickel so rare?
“In 1964, the nation faced a coin shortage, leading Congress to authorize a date freeze on the Jefferson Nickel. The 1964 issues have the greatest number minted of all nickels produced. Because there was a date freeze, some 1964 nickels were struck in 1965 and well into 1966.”
How can you tell if a 1964 nickel is special strike?
Great question! The special finish for the 1964 SMS Washington Quarter is characterized by a nice, smooth, satin-like finish. The fields are usually well struck, very clean and tend to come without any major nicks or scratches. The edges for most 1964 SMS coins also tend to be square and sharp.
Is 1964 5 cent silver?
Good point! No, 1964 Nickels do not contain any silver. 1964 Jefferson Nickels have a composition of 75% copper and 25% nickel.