Collecting coins from the 1960s is thrilling, especially because some Jefferson nickels have rare minting errors that can make them extremely valuable. In this guide, we’ll dive into five valuable 1960s nickels with errors that can transform their worth from just five cents to thousands of dollars. Let’s look at these coins and the unique features that make them valuable.
1. 1960 No Mint Mark Nickel on a One-Cent Planchet
In 1960, the Philadelphia Mint made a surprising error by striking some nickels on a copper-colored one-cent planchet (the blank disc used to make coins). This mistake makes these nickels look different from regular ones, giving them a unique copper hue. A 1960 nickel with this rare error in excellent condition can sell for up to $3,000 or more.
2. 1960-D Full Steps Nickel
The “full steps” feature on a Jefferson nickel refers to the detailed steps on the Monticello building on the reverse side. This detail is challenging to achieve because it requires precision in minting. Only a few 1960-D nickels show these full steps clearly, making them rare. High-grade examples with full steps can fetch over $4,000 at auction, especially in top-notch condition.
3. 1964-D “D Over Horizontal D” Error
The 1964-D nickel from the Denver Mint has a famous error where a “D” mint mark was stamped over another “D” lying horizontally. This creates a distinctive double mint mark effect. Known as the “D over horizontal D” error, these coins are highly valued by collectors. High-grade examples of this coin can bring in as much as $15,000, making it one of the most sought-after nickels from the 1960s.
4. 1964 Off-Center Strike
An off-center strike occurs when the coin is not struck correctly, causing part of the design to be missing. Off-center strikes are particularly valuable when 10%-50% of the coin is off-center, yet the date remains visible. A well-preserved 1964 nickel with this error can be worth around $1,000, depending on how well the design is preserved and how much of the coin is off-center.
5. 1964 Doubled Die
The 1964 doubled die error appears when the inscriptions on the coin are struck twice, resulting in a doubling effect, typically visible on the letters or numbers on the front of the coin. Collectors prize these doubled die errors, and coins in high-grade condition can bring values starting from $2,000. The stronger and clearer the doubling effect, the higher the value of the coin.
Summary Table of Valuable 1960s Nickel Errors
| Coin Type | Year | Error Type | Approximate Value | Condition |
|---|---|---|---|---|
| No Mint Mark on 1-Cent Planchet | 1960 | Struck on one-cent planchet | Up to $3,000 | MS64 |
| Full Steps | 1960-D | Full steps on Monticello | $4,150 | MS67 |
| D Over Horizontal D | 1964-D | Re-punched “D” mint mark | $15,275 | MS66 |
| Off-Center Strike | 1964 | Partial design missing | $1,000 | MS65 |
| Doubled Die | 1964 | Doubling on inscriptions | $2,000+ | MS65 |
Conclusion: Don’t Overlook Your Nickels!
Some Jefferson nickels from the 1960s with unique minting errors are worth thousands of dollars. From off-center strikes to rare “full steps” details, these coins can be a treasure for collectors. If you happen to come across any 1960s nickels in your collection, take a closer look—you might find a hidden gem worth much more than just five cents!
FAQ’s
What makes a 1960s nickel valuable?
A 1960s nickel becomes valuable due to rare minting errors like full steps, off-center strikes, or doubling effects. These unique errors make them highly collectible, with some selling for thousands of dollars.
How can I tell if my 1964 nickel has an error?
Look closely at the mint mark, steps on Monticello, and inscriptions. Errors like doubling on letters or numbers, or off-center designs, are indicators of value. A coin expert can help verify it.
Where can I get my rare nickel appraised?
You can take it to a professional coin grading service like PCGS or NGC, or consult with local coin dealers. An expert appraisal will confirm its authenticity and help determine its value.