The 21 Most Valuable Nickels in The World

Ever imagined that a nickel could be more than just five cents? Nestled in your change jar or hidden in an old drawer, a small fortune could be awaiting discovery. This isn’t a tale about mere cents; we’re unveiling nickels worth thousands, and yes, even millions of dollars. Intrigued yet?

From rare minting errors to historic designs, nickels have much more to offer than meets the eye. Not all nickels are created equal and some are worth far more than their face value. In this guide, we’ll dive deep into the world of valuable nickels, unraveling their rich history, showcasing their unique features, and revealing why they are considered hidden gems in the realm of coin collecting. So, before you cash in that coin jar or dismiss that old nickel as mere spare change, read on. You might just have a treasure in your pocket!

If you find this intriguing, you might also enjoy exploring our guides on the most valuable pennies and the most valuable dimes. Happy treasure hunting!

The 21 Most Valuable Nickels in the World

1. 1913 Liberty Head V Nickel – (~$5,262,000)

The most valuable Nickel in the world is the 1913 Liberty Head V Nickel, a coin that’s as rare as it is mysterious. With only five known to exist, this nickel wasn’t even officially minted, making its very existence a subject of intrigue and speculation. This air of mystery only adds to its staggering value, estimated at around $5,262,000.

But what really sets this nickel apart is its last auction price. In August 2018, a 1913 Liberty Head V Nickel in PR66 condition was sold for an eye-watering $4,560,000. This sale price not only reflects the coin’s extreme rarity but also its unique place in the world of numismatics. So, if you’re ever lucky enough to come across one of these elusive nickels, know that you’re holding a piece of history with an astronomical worth.

Also, don’t forget to use our Silver Calculator to see the current value of your silver coin.

2. 1918/7-D Buffalo Nickel Doubled Die Obverse – ($350,750)

The 1918/7-D Buffalo Nickel Doubled Die Obverse is a highly sought-after coin among numismatists, known for its unique error and rarity. This coin features a doubled die obverse, a result of a minting error where the die used to strike the coin was mistakenly engraved with both the dates 1918 and 1917. This error creates a noticeable doubling of the date and other design elements on the coin’s obverse side. The highest recorded sale price for this coin is over $350,750, achieved at auction in 2006 due to its scarcity and the demand among collectors for error coins. Its value lies in its historical significance and the rarity of the error, making it a prized possession for any coin enthusiast.

3. 1926-S Buffalo Nickel – $322,000

The 1926-S Buffalo Nickel is one of the most valuable nickels due to its low mintage and scarcity in high grades. This coin was minted in San Francisco, and only 970,000 pieces were produced, making it one of the lowest mintages in the Buffalo Nickel series. The highest sold price for a 1926-S Buffalo Nickel is around $322,000, in a 2008 auction, a record set for a coin in exceptional condition (MS66). Collectors highly value this coin because of its rarity, especially in well-preserved states, which are hard to come by. The 1926-S Buffalo Nickel is a key date in the series and a must-have for serious collectors, contributing to its high value in the numismatic market.

Check out our guide on the rarest Buffalo Nickels.

4. 1916 Buffalo Nickel Doubled Die Obverse – $281,750

The 1916 Buffalo Nickel Doubled Die Obverse is another rare and valuable coin, famous for its doubled die error on the obverse side. This error results in a noticeable doubling of the date and the word “LIBERTY” on the coin. The highest sold price for this coin is approximately $281,750, achieved at a 2004 auction for a specimen in (MS64) condition. The 1916 Buffalo Nickel Doubled Die Obverse is highly coveted by collectors due to the prominence of the doubling error and its overall rarity. It stands as one of the most significant error coins in the Buffalo Nickel series, making it a valuable addition to any coin collection.

5. 1880 Shield Nickel – $198,995

The 1880 Shield Nickel is a highly prized coin in the numismatic community due to its extremely low mintage and historical significance. Only 16,000 of these coins were minted, making it one of the rarest issues in the Shield Nickel series. The highest recorded sale price for an 1880 Shield Nickel is around $198,995, achieved for a coin in (MS66) condition in 2023. Its value is attributed to its rarity and the historical context of its production, as the Shield Nickel series was the first nickel five-cent piece minted by the United States. Collectors seek out this coin for its scarcity and its role in the evolution of American coinage.

6. 1913-D Buffalo Nickel Type 2 – $143,750

The 1913-D Buffalo Nickel Type 2 is a key date in the Buffalo Nickel series, particularly sought after by collectors due to its low mintage and the distinct design changes from Type 1. The highest sold price for a 1913-D Buffalo Nickel Type 2 is approximately $143,750, in a 2008 auction. The coin’s value is enhanced by its historical context, as it represents a transition in the design of the Buffalo Nickel, with the bison’s mound being replaced by a flat line to reduce wear on the design. Its rarity and significance in the series make it one of the most valuable nickels in the world.

7. 1917-S Buffalo Nickel – $138,000

The 1917-S Buffalo Nickel is another valuable coin in the Buffalo Nickel series, known for its low mintage and scarcity in high grades. Minted in San Francisco, this coin had a production of just over 4 million, making it one of the less common dates in the series. The highest sold price for a 1917-S Buffalo Nickel is around $138,000, achieved for a coin in MS67 condition. Its value lies in its rarity and the challenge it presents to collectors seeking to complete a high-grade set of Buffalo Nickels. The 1917-S Buffalo Nickel is a sought-after piece that holds a special place in the world of numismatics.

8. 1920-D Buffalo Nickel – $138,000

The 1920-D Buffalo Nickel is a significant coin in the series, primarily due to its status as the first Buffalo Nickel minted in Denver. With a mintage of over 9 million, it is not the rarest coin, but finding it in high grades is challenging, which adds to its value. The highest sold price for a 1920-D Buffalo Nickel is approximately $138,000, in a 2008 auction, for a specimen in MS67 condition. Collectors value this coin for its historical significance and the difficulty in finding well-preserved examples. Its place as the inaugural Denver-minted Buffalo Nickel makes it a valuable addition to any collection.

9. 1918-S Buffalo Nickel – $125,350

The 1918-S Buffalo Nickel is a sought-after coin due to its low mintage and the scarcity of high-grade examples. Minted in San Francisco, it had a production of just over 4 million coins. The highest recorded sale price for a 1918-S Buffalo Nickel is around $125,350, achieved for a coin in MS66 condition. Its value is driven by its rarity, especially in higher grades, making it a challenging and desirable piece for collectors aiming to complete a Buffalo Nickel set. The 1918-S Buffalo Nickel holds a special place in numismatic circles for its rarity and historical context.

10. 1927-S Buffalo Nickel – $125,350

The 1927-S Buffalo Nickel is a key date in the series, renowned for its low mintage and scarcity in well-preserved condition. With just over 3.4 million coins minted in San Francisco, it is one of the more elusive coins in the Buffalo Nickel series. The highest sold price for a 1927-S Buffalo Nickel is around $125,350, for a specimen in MS66 condition. Collectors highly value this coin due to its rarity and the challenge it presents in finding high-grade examples. The 1927-S Buffalo Nickel is a coveted piece for any serious numismatist looking to complete a high-quality set.

11. 1919-S Buffalo Nickel – $109,250

The 1919-S Buffalo Nickel is another valuable coin from the series, sought after for its low mintage and the difficulty in finding examples in higher grades. Minted in San Francisco, it had a production of just over 7.5 million coins. The highest sold price for a 1919-S Buffalo Nickel is approximately $109,250, achieved for a coin in MS66 condition. Its value lies in its rarity, particularly in well-preserved states, making it a prized possession for collectors aiming to complete a high-grade Buffalo Nickel collection. The 1919-S Buffalo Nickel is a significant piece in the world of numismatics for its scarcity and historical importance.

12. 1867 Shield Nickel With Rays: $41,125

Notable for its design featuring rays between the stars on the reverse.

13. 1935 Buffalo Nickel Doubled Die Reverse: $146,238

This coin features a prominent doubling on the reverse, making it a popular variety.

14. 1924-S Buffalo Nickel: $127,695

A key date in the Buffalo Nickel series due to its low mintage.

15. 1937-D Buffalo Nickel Three Legs: $107,749

A famous mint error where the buffalo appears to have only three legs.

16. 1964 Jefferson Nickel SMS: $39,692

One of the Special Mint Set (SMS) coins known for its distinct matte-like appearance.

17. 1936-D Buffalo Nickel Three and a Half Legs: $22,452

Another intriguing mint error where one of the buffalo’s legs is only partially visible.

18. 1942-D Over Horizontal D Jefferson Nickel: $11,126

A valuable mint error resulting from a mistake in the placement of the mint mark.

19. 1964 Jefferson Nickel Full Steps – $14,100

The 1964 Jefferson Full Steps stands out due to a fascinating minting error. For more details, check our comprehensive guide on the valuable 1964 Nickel

20. 1914 4 Over 3 Buffalo Nickel: $7,116

A rare and valuable overdate error where the last digit of the date was punched over a different number.

21. 1885 Liberty Head V Nickel: $3,809

Known for its low mintage, making it one of the key dates in the Liberty Head Nickel series.

A Brief History of Different Nickel Series

Over 150 Years of Nickel History

The journey of the U.S. nickel began in 1866 with the introduction of the Shield Nickel, marking the beginning of a rich numismatic story. Over time, the nickel has witnessed significant changes, from design alterations reflecting the nation’s growth to metal composition adjustments due to economic pressures and wartime demands. Each variant in the nickel’s timeline represents a unique chapter in American history, making it more than just a five-cent piece.

The evolution of the nickel has been characterized by a series of distinct designs, each with its own unique appeal and historical significance. Let’s journey through the different series that have graced the U.S. nickel over the years.

Shield Nickels: The Beginning

The Shield Nickel, introduced in 1866, marked the advent of the five-cent nickel coin. Named for its prominent shield design on the obverse, this series set the stage for the tradition of nickel coinage in the U.S. Its classic design and the fact it was the first of its kind make it highly sought after by collectors.

Liberty Head Nickels: The V Nickels

The Liberty Head Nickel, often referred to as the ‘V’ Nickel due to the Roman numeral “V” (5) on the reverse, succeeded the Shield Nickel in 1883. Designed by Charles E. Barber, it features the head of Lady Liberty on the Obverse. The series is famous for the 1913 Liberty Head Nickel, one of the rarest and most valuable coins in the world. Read our guide about The Most Valuable Liberty Head Nickels for more information.

Indian Head (Buffalo) Nickels: An Iconic Design

Replacing the Liberty Head Nickel in 1913, the Indian Head, or Buffalo Nickel, is considered an icon of American coinage. James Earle Fraser’s design, featuring a Native American on the obverse and a buffalo on the reverse, celebrates the nation’s Western Frontier. It’s particularly cherished for its embodiment of quintessential American themes. Check out our guide on The Most Valuable Buffalo Nickels Worth Money.

Jefferson Nickels: Modern-day Classics

The Jefferson Nickel came into circulation in 1938 and continues to this day, making it the longest-running nickel series. Featuring President Thomas Jefferson on the obverse and his home, Monticello, on the reverse, the design underwent a few changes, but the classic look remains. Some of these valuable Jefferson Nickels are sought after by collectors and can fetch high prices, especially those minted during key dates and carrying unique features or errors.

Nickel Value: Determining Factors and Auction Records

Appreciating the value of nickels requires a comprehensive understanding of various determining factors. These include the coin’s mintage, condition, and historical significance, similar to what we’ve discussed in our post on the Value of Coins. While some nickels derive their value from their silver content, others are coveted for their rarity, distinctive designs, or minting errors. The grade of the coin is equally important, with higher-graded specimens typically fetching higher prices. Nonetheless, it’s essential to remember that a coin’s market value is ultimately defined by what collectors are prepared to pay. Now, let’s delve deeper into the intricacies that shape the value of these captivating coins.

What Year Nickels Are Worth Money?

Not all nickels are created equal, and their year of minting can greatly impact their value. For instance, key dates, like the 1913 Liberty Head V Nickel or the 1926-S Buffalo Nickel, are worth a considerable sum due to their scarcity. Semi-key dates, such as the 1927-S Buffalo Nickel, also hold significant value. Even modern nickels, like the 1964 Jefferson Nickel SMS, can be valuable due to unique factors such as special mint sets or minting errors. It’s worth noting that not all old nickels are necessarily valuable; their worth is often a combination of rarity, condition, and demand among collectors.

Notable Nickel Auction Records

Nickel auction records provide a clear illustration of their potential value. A prime example is the 1913 Liberty Head V Nickel, which fetched an impressive $5,262,000 in an auction, making it one of the most expensive coins ever sold. The 1964 Jefferson Nickel Mirror Brockage also made headlines when it was auctioned for $1,153,000, demonstrating the premium that collectors are willing to pay for unique minting errors. Regularly monitoring auction results can offer valuable insights into current market trends and the factors that drive the highest prices.

Buyer’s Guide: Tips for Collecting and Investing in Valuable Nickels

Embarking on the journey of collecting and investing in valuable nickels can be an exciting and rewarding endeavor. However, it also requires knowledge, patience, and strategic planning. Here are some key tips to help you navigate the world of nickel collecting and investing.

1. Understand the Market

The first step in collecting and investing in valuable nickels is understanding the coin market. Regularly monitor auction prices, stay updated with the latest trends, and be aware of the factors that influence the value of coins. This knowledge will help you make informed decisions about when to buy and sell.

2. Know Your Coins

Take time to learn about the different series of nickels, their key dates, and any notable minting errors or varieties. Familiarize yourself with the grading system used to assess a coin’s condition, as this significantly impacts its value.

3. Be Patient

Coin collecting is not a get-rich-quick scheme. It takes time to build a valuable collection. Patience is key when waiting for the right coin at the right price. Remember, the goal is to build a collection that you’re proud of and that has the potential to appreciate over time.

4. Seek Expert Advice

When starting, it can be beneficial to seek advice from seasoned collectors or numismatic professionals. They can provide valuable insights into the market and help authenticate and grade coins.

5. Protect Your Investment

Proper storage is crucial for preserving the condition of your coins. Invest in quality coin holders, capsules, or albums that offer protection from environmental damage. It’s also important to handle your coins carefully to avoid causing any wear or damage.

6. Enjoy the Journey

Lastly, remember to enjoy the process. Coin collecting is not just about investment; it’s also a hobby that allows you to learn about history, art, and culture. Whether you’re in it for the potential financial return or the sheer enjoyment of collecting, the world of valuable nickels holds a treasure trove of fascinating discoveries. When you’re ready to monetize your efforts, there are platforms where you can conveniently sell coins online.

Conclusion

The allure of rare nickels lies not just in their potential monetary value but also in their historical significance, artistry, and the stories they carry. Each coin is a tangible piece of history, offering a glimpse into the era it was minted. Whether it’s the iconic design of the Indian Head (Buffalo) Nickel, the intrigue surrounding the 1913 Liberty Head V Nickel, or the fascinating minting errors that create unexpected rarities, each nickel has a unique tale to tell.

Collecting and investing in these treasures offer a rewarding journey into the world of numismatics. It’s a pursuit that combines history, art, economics, and detective work, offering endless opportunities for learning and discovery. As we’ve seen, even the humble nickel can hold hidden treasures, underscoring the adage that big things often come in small packages. Happy coin hunting!

FAQs

References

• https://www.pcgs.com/
• https://stacksbowers.com/
• Heritage Auctions