Coin collecting can be a rewarding hobby, and nickels offer a fascinating avenue for both beginners and seasoned collectors. Here’s a breakdown of the key aspects of collecting nickels:
- Shield Nickels (1866-1883): These coins feature a shield and were the first 5-cent coins made of a copper-nickel alloy. While not as widely collected as later series, some dates, particularly 1877, 1878, and 1880, can be valuable, especially in higher grades. A rare example, like an 1877 Shield Nickel, could fetch up to $40,800.
- [Liberty Head (“V”) Nickels (1883-1913)]: Designed by Charles Barber, these nickels showcase Liberty’s head on the obverse and a Roman numeral “V” for five cents on the reverse. The 1883 “No Cents” variety, due to a mint error, is particularly famous and is surrounded by tales of fraud. The rarest of this series, the 1913 Liberty Head Nickel, is one of the most valuable coins in the world, with only five known examples, one selling for $4.5 million.
- Buffalo Nickels (1913-1938): Also known as Indian Head Nickels, these feature a Native American and an American bison (commonly called a buffalo). This design is very popular among collectors and some key dates and error varieties are highly sought after . Notable examples include the [1937-D “Three-Legged” Buffalo Nickel] , caused by a die-polishing error, and the 1927-S due to its low mintage . A 1937-D “Three-Legged” Buffalo Nickel in high grade could be worth up to $99,875, while a 1927-S could command $250,000.
- [Jefferson Nickels (1938-Present)]: This series, featuring Thomas Jefferson and his home Monticello, has been in production for the longest time. Early dates, especially those in high grades, can be of interest to collectors. A particular highlight is the “war nickels” from 1942-1945, made with a silver alloy due to wartime nickel shortages, and recognizable by the large mint mark above Monticello. Certain error coins within this series, like the 1943-P “Doubled Eye,” can be quite valuable.
- [ Liberty (v) Nickels (1883-1913) – Choose How Many Lots Of 3]
[3] Liberty (v) Nickels (1883-1913) – Choose How Many Lots Of 3 $5.95]
- [
1937 D Three Legged Buffalo Nickel 5c 3 Legs $845.00]
- [
1938-p-d-s Jefferson Nickels $8.50]
- Rarity and Mintage: Coins with low mintage numbers or those with known errors or varieties are generally more valuable.
- Condition and Grade: Coins are graded on a scale from 1 to 70, with 70 being perfect. Higher-graded coins command higher prices.
- Historical Significance: Some coins gain value due to their connection to historical events or periods.
- Market Demand and Trends: Popularity and demand among collectors can significantly impact a coin’s value.
- Start with what you have: Look through your pocket change, piggy banks, or coin jars for interesting finds.
- Educate yourself: Research different series, learn about key dates and errors, and familiarize yourself with coin grading.
- Set goals and a budget: Decide what you want to collect and how much you’re willing to spend.
- Organize and store your collection properly: Use coin holders or albums (avoiding PVC), keep them in a cool, dry place, and save any accompanying paperwork.
- Engage with the community: Join local coin clubs, online forums, or organizations like the American Numismatic Association to learn from experienced collectors and expand your network.
Remember, coin collecting should be an enjoyable and educational experience. Good luck with your nickel hunt!
What type of nickels are worth money?
Thanks for asking. Here’s a quick list of nickels worth money: 1913 Liberty Head Nickel : $4.5 million highest recorded auction value. 1937-D Buffalo Nickel (Three-Legged): $99,875 highest recorded auction value. 1927-S Buffalo Nickel: $250,000 highest recorded auction value.
What nickel is worth $400?
Good point! The 1885 V-Nickel is the coin that is most sought after by dealers as well as collectors. This coin is considered elusive and difficult to obtain. Even with considerable wear and tear, an 1885 V-Nickel may be worth nearly $400.