The value of a 1908 coin depends on several factors, including the specific type of coin, its condition (grade), and the presence or absence of a mintmark. Here’s a breakdown of the value of some common 1908 coins:
- No Mintmark (Philadelphia): In circulated condition, a 1908 Indian Head penny without a mintmark is worth around $2. If it’s in pristine, uncirculated condition, it can be worth as much as $19,000.
- “S” Mintmark (San Francisco): The 1908-S Indian Head penny is considered a key date coin due to its lower mintage of only 1,115,000.
– In fine condition, it’s worth approximately $120.
– In very fine condition, it’s worth around $124.
– In extremely fine condition, it’s worth approximately $180.
– In uncirculated condition, its value can reach up to $1,950.
- No Mintmark (Philadelphia):
– In good condition, it’s worth about $9.
– In fine condition, it’s worth about $26.
– In extremely fine condition, it’s worth about $70.
– In uncirculated condition, it’s worth about $120.
- “D” Mintmark (Denver):
– Values are similar to the Philadelphia mintmark , with a good condition coin worth about $9, fine condition worth $26, extremely fine worth $70, and uncirculated worth $120.
- “O” Mintmark (New Orleans):
– Good condition is worth about $9.
– Fine condition is worth about $26.
– Extremely fine condition is worth about $65.
– Uncirculated condition is worth about $120.
- “S” Mintmark (San Francisco):
– In good condition, it’s worth about $18.
– In fine condition, it’s worth about $85.
– In extremely fine condition, it’s worth about $325.
– In uncirculated condition, it’s worth about $465.
- No Mintmark (Philadelphia): In circulated condition, a 1908 Liberty Head nickel is worth between $1.50 and $100. In pristine, uncirculated condition, it can be worth as much as $10,000.
- No Mintmark (Philadelphia – With Motto): In circulated condition, it’s worth between $1725 and $1895. In pristine, uncirculated condition, it can sell for as much as $90,000.
- No Mintmark (Philadelphia – No Motto): In circulated condition, it’s worth between $1720 and $1890. In pristine, uncirculated condition, it can sell for as much as $135,000.
- “S” Mintmark (San Francisco): In circulated condition, it’s worth between $1720 and $4500. In pristine, uncirculated condition, it can sell for as much as $275,000.
- Condition (Grade): The most significant factor influencing a coin’s value is its condition, or grade. Coins are graded on a scale of 1 to 70, with 70 being a perfect uncirculated coin.
- Mintmark: The location where the coin was minted, indicated by a small letter (or no letter for Philadelphia), can significantly affect its value. For example, the 1908-S Indian Head penny is more valuable than the Philadelphia counterpart.
- Errors and Varieties: Coins with errors or varieties, such as doubled dies, misplaced dates, or repunched mintmarks, can be much more valuable than standard issues.
- Mintage: Lower mintage numbers generally equate to higher value, as fewer coins of that type were produced, making them rarer.
- Rarity: Some 1908 coins, such as the 1908-S Indian Head penny and 1908-S Barber quarter, are considered key date coins, meaning they are particularly sought after by collectors.
If you’re interested in selling a 1908 coin, here are a few options:
- Online Auctions: Online platforms like eBay and GreatCollections can be effective for selling coins to a broad audience of collectors. However, be aware of listing fees and potential competition from other sellers.
- Private Buyers: Selling to private buyers can often yield the best prices for your coins. You can find reputable buyers through online forums, coin shows, or by working with a trusted coin dealer.
- Coin Dealers: Coin dealers can appraise and purchase your coins, providing a convenient way to sell them quickly. However, it’s advisable to get multiple appraisals to ensure you’re getting a fair price.
Remember to thoroughly research your coin and its value before selling, as this will help you determine a fair price and avoid being taken advantage of by dishonest buyers.
Is a 1908 nickel made of silver?
The coin is made of copper-nickel and has not been certified, making it a unique piece for collectors. The coin was minted in Philadelphia, United States, and has a denomination of 5C.