Collecting rare nickels offers not only a glimpse into America’s rich history but also the opportunity to own coins that can be worth millions. From intriguing minting errors to limited editions, these nickels are highly coveted by collectors worldwide. Let’s look into the ten most valuable nickels and the stories behind them.
1913 Liberty Head V Nickel
The 1913 Liberty Head V Nickel is legendary in the numismatic world, with only five known examples ever made.
- Mint: Unofficially struck
- Last Sale Price: $4.56 million (2018)
Its rarity, mystery, and historical intrigue make it one of the most iconic and valuable coins in American history.
1918/7-D Buffalo Nickel
This overdate error occurred when a die engraved with “1917” was re-engraved with “1918.”
- Mint: Denver
- Key Feature: Overdate error
This mistake created one of the most sought-after Buffalo Nickels, particularly in higher grades, making it a must-have for serious collectors.
1926-S Buffalo Nickel
With only 970,000 coins minted, the 1926-S Buffalo Nickel is a key date in the series.
- Mint: San Francisco
- Feature: Low mintage
Finding one in high-grade condition is extremely challenging due to heavy circulation, making such examples highly valuable.
1916 Doubled Die Obverse Buffalo Nickel
This unique coin features doubling on the obverse, most notably in the word “LIBERTY” and the Native American profile.
- Mint: Philadelphia
- Key Feature: Doubled die obverse
The doubling error increases its appeal and value, particularly in well-preserved specimens.
1937-D Three-Legged Buffalo Nickel
A famous error coin, the Three-Legged Buffalo Nickel results from excessive die polishing, which removed one of the buffalo’s legs.
- Mint: Denver
- Feature: Missing front leg on buffalo
This coin is a favorite among collectors and a hallmark of American coinage errors.
1924-S Buffalo Nickel
The 1924-S Buffalo Nickel, minted in limited numbers, is known for its poor strikes and extensive circulation.
- Mint: San Francisco
- Feature: Low mintage and rare in high grade
High-grade examples are rare and fetch premium prices in the collector market.
1885 Liberty Head V Nickel
A significant coin in the Liberty Head series, the 1885 Liberty Head V Nickel had a low mintage of only 1.47 million coins.
- Mint: Philadelphia
- Feature: Low mintage and high demand
Well-preserved examples are rare and highly sought after due to their scarcity and historical importance.
1912-S Liberty Head V Nickel
As the first nickel struck at the San Francisco Mint, the 1912-S Liberty Head V Nickel is historically significant.
- Mint: San Francisco
- Feature: Lowest mintage in the Liberty Head series (238,000 coins)
Its value increases significantly with higher grades, making it a prized possession for collectors.
1867 Shield Nickel (with Rays)
The 1867 Shield Nickel features a unique design with rays around the shield, minted for just one year.
- Mint: Philadelphia
- Feature: Short-lived design
The coin’s distinctive look and limited availability make it an essential addition to any nickel collection.
1942-D Over Horizontal D Jefferson Nickel
This wartime error features a horizontal “D” mint mark, later corrected.
- Mint: Denver
- Feature: Mint mark error
Well-preserved examples of this fascinating defect are highly collectible and valuable.
| Year | Type | Feature | Value (Approx.) |
|---|---|---|---|
| 1913 | Liberty Head V Nickel | Rare (5 known examples) | $4.56 million+ |
| 1918/7 | Buffalo Nickel | Overdate error | $350,000 (high grade) |
| 1926 | Buffalo Nickel (S Mint) | Low mintage | $322,000 (MS grade) |
| 1916 | Doubled Die Obverse Buffalo | Doubling error | $159,000+ (high grade) |
| 1937 | Three-Legged Buffalo (D Mint) | Missing buffalo leg | $125,000+ |
| 1924 | Buffalo Nickel (S Mint) | Poor strike, low mintage | $110,000+ |
| 1885 | Liberty Head V Nickel | Low mintage | $75,000+ |
| 1912 | Liberty Head V Nickel (S Mint) | First San Francisco nickel | $68,000+ |
| 1867 | Shield Nickel (with Rays) | Unique one-year design | $55,000+ |
| 1942 | Jefferson Nickel (Over Horizontal D) | Mint mark error | $30,000+ |
Significant
Rare nickels are not just coins; they’re pieces of history with fascinating stories and unmatched value. From unique minting errors to limited production, these nickels highlight the artistry and intricacies of U.S. coinage. Collectors are often willing to pay top dollar for these gems, making them treasures worth investigating.
FAQs
What is the rarest nickel?
The 1913 Liberty Head V Nickel, with only 5 known examples.
What makes a nickel valuable?
Rarity, historical significance, and minting errors increase value.
What is a three-legged buffalo nickel?
A 1937-D Buffalo Nickel with a missing front leg on the buffalo.
Why is the 1918/7-D nickel special?
It has an overdate error with ‘1918’ stamped over ‘1917.’
How do I know if my nickel is valuable?
Check for mint marks, errors, and rarity, and have it graded professionally.
