Understanding which nickels are worth a lot of money can transform your casual hobby into a thrilling treasure hunt. While the nickel has been a staple in American pockets since 1866, certain vintage pieces from this lineage are not just spare change—they are small fortunes waiting to be discovered. Here are the top 9 valuable American nickels that could elevate your collection from ordinary to extraordinary.
What Nickels Are Worth Money? Top 9 American Nickels
1. 1913 Liberty Head Nickel
Topping our list is the 1913 Liberty Head Nickel, an enigma in the numismatic community. With only five known specimens, this nickel’s creation remains mysterious, believed to have been minted under unofficial circumstances. If you ever encounter one of these elusive treasures, know its value could soar above $3 million, making it a cornerstone of any serious collection.
2. 1926-S Buffalo Nickel
The 1926-S Buffalo Nickel is another gem, highly sought after due to its low mintage and surviving population. Collectors prize this piece not just for its scarcity but also for the iconic American Bison on the reverse, symbolizing the rugged spirit of the West. In pristine condition, this nickel can command a price of around $4,200.
3. 1916 Double Die Buffalo Nickel
An error during the minting process has made the 1916 Double Die Buffalo Nickel a collector’s favorite. This nickel feature is doubling on the Indian Head’s features, a result of a misalignment during production. This minting mishap adds to the coin's allure, with values reaching up to $3,800 for specimens in top-notch condition.
4. 1918/17-D Buffalo Nickel (Overdated)
The 1918/17-D Buffalo Nickel is a fascinating piece due to its overdated error, where the numeral 8 was stamped over the 7. This unique characteristic makes it a rare find and highly valuable among collectors, with potential values up to $3,500.
5. 1879 Shield Nickel
Moving back to the earlier days of nickel production, the 1879 Shield Nickel carries historical and monetary value. As one of the earlier designs, it showcases an ornate shield on its obverse, which captivates collectors. This coin can fetch approximately $2,400 in auctions.
6. 1937-D 3-Legged Buffalo Nickel
Among the quirkiest is the 1937-D 3-Legged Buffalo Nickel, where the buffalo famously appears to be missing one leg due to a minting error. This peculiar error has turned an otherwise ordinary coin into a collector’s item worth about $2,000.
7. 1880 Shield Nickel
The 1880 Shield Nickel, similar to the 1879 version, is valued both for its age and rarity. This nickel is another classic representative of the Shield series, and it commands a solid $2,000 in the collectibles market.
8. 1942-P Jefferson Nickel
The 1942-P Jefferson Nickel is noteworthy because it was part of a special wartime series made with a mix of silver and manganese. This composition change was a response to nickel being redirected for armor plating during WWII, making these coins not only historical artifacts but also valued at around $800.
9. 1950-D Jefferson Nickel
The 1950-D Jefferson Nickel rounds out our list. Known for its low mintage, this Jefferson series coin remains a favorite among enthusiasts. Depending on its condition, it can bring between $600 and $800.
The real value of these nickels goes beyond their monetary worth. Each piece tells a story, a slice of American history embedded in metal, waiting to be appreciated and understood by those who seek to uncover the past through their collections.