That five-cent coin in your pocket might be worth more than you think. While most nickels are only worth their face value, some rare varieties have become legendary in the world of numismatics, fetching six and even seven-figure prices at auction.
Whether due to minting errors, low mintage, or historical significance, these nickels have transformed from everyday change into collector’s treasures. Let’s look into five of the most valuable nickels in American history.
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1913 Liberty Head
The 1913 Liberty Head nickel is the undisputed king of rare nickels. This coin wasn’t supposed to exist, as the Liberty Head design was replaced by the Buffalo nickel in 1913.
However, five specimens were mysteriously struck, likely by a mint employee, and later surfaced in the hands of collectors.
Key Facts:
- Total Known: 5
- Notable Sale: $4.56 million (2018)
Its controversial origins and extreme rarity make it the most valuable nickel ever. These coins have even appeared in pop culture, including a famous episode of Hawaii Five-O. Experts believe that if one were sold today, it could exceed $5 million.
1918/7-D Buffalo
This rare overdate error occurred when a 1917 die was mistakenly repunched with an 1918 date at the Denver Mint. The remains of the “7” can be seen underneath the “8,” making it one of the rarest Buffalo nickels.
Key Facts:
- Estimated Surviving Coins: Fewer than 100
- Notable Sale: $350,750 (2006)
Worn examples still fetch between $25,000 and $75,000, while uncirculated specimens can go for over $500,000. This wartime minting mistake is a prized find for collectors.
1937-D Three-Legged Buffalo
One of the most famous mint errors, the 1937-D Buffalo nickel appears to have only three legs due to excessive die polishing. The missing leg is obvious, making it one of the most recognizable mint mistakes.
Key Facts:
- Estimated Surviving Coins: 1,000-2,000
- Notable Sale: $161,000 (2017, MS-67)
Even worn examples start at around $500, while high-grade specimens can sell for over $100,000. This error coin is one of the most popular rarities in U.S. coin collecting.
1880 Shield
With only 16,000 minted, the 1880 Shield nickel is the lowest-mintage circulation nickel ever produced. At the time, demand for nickels had dropped, leading to limited production.
Key Facts:
- Total Mintage: 16,000
- Notable Sale: $108,000 (2019, MS-66+)
Even well-worn examples sell for $2,000 or more, while uncirculated specimens can reach up to $75,000. This rarity isn’t an error—it’s simply a scarce date in U.S. coinage.
1950-D Jefferson
This post-World War II nickel is a modern rarity. With a low mintage of 2.63 million, collectors recognized its scarcity early and hoarded uncirculated examples.
Key Facts:
- Total Mintage: 2.63 million
- Notable Sale: $15,275 (2018, MS-67+ Full Steps)
Circulated versions are worth $15-$30, while high-grade examples with Full Steps on Monticello can fetch $500-$5,000 or more. This coin remains an accessible key date for collectors.
These five nickels are proof that even common-looking coins can be worth a fortune. Whether it’s an overdate, an error, or a low-mintage issue, numismatic treasures are still out there waiting to be observed.
FAQs
How many 1913 Liberty Head nickels exist?
Only five are known to exist today.
What is the most expensive nickel ever sold?
The 1913 Liberty Head nickel sold for $4.56 million in 2018.
How can I tell if I have a 1937-D Three-Legged Buffalo?
Look for a missing front leg on the buffalo—it should be clearly absent.
Why is the 1950-D Jefferson nickel valuable?
It had a low mintage, and many were saved by collectors.
Are valuable nickels still in circulation?
It’s rare, but older and error coins can sometimes be found in rolls or estate collections.
