Did you know that some of the Jefferson nickels in your pocket could be worth thousands? While most of us are familiar with nickels featuring Thomas Jefferson, only a select few of these coins have rare features or unique histories that make them extremely valuable. Typically, Jefferson nickels with low mintages, high grades, or errors fetch the highest prices. Here, we’ll cover the most valuable Jefferson nickels to look for and why they’re worth so much.
What Makes a Jefferson Nickel Valuable?
Several factors contribute to a Jefferson nickel’s value:
- Low Mintage: Coins produced in smaller quantities are often rarer and more valuable.
- Errors or Unique Features: Coins with mint errors or unique characteristics can fetch high prices.
- High Grade: Uncirculated or high-grade coins (graded between MS-60 and MS-70) are more desirable.
Keep in mind, the true value of a coin depends on what someone is willing to pay. Recently, a few Jefferson nickels have reached impressive prices on online auctions.
Table of Rare Jefferson Nickels and Their Values
| Year | Mint Mark | Grade | Approximate Value | Unique Features |
|---|---|---|---|---|
| 1945 | S | MS 67 | $922 | WWII nickel, 35% silver content |
| 1940 | None | PF 67 | $1,314 | Rare proof coin, reverse of 1938 |
| 1949 | S | MS 67 | $1,557 | Low mintage, San Francisco mint |
| 1951 | S | MS 67 | $5,200 | Extremely low mintage, rare in MS 67+ |
Rare Jefferson Nickels That Are Worth Money
1. 1945 Jefferson Nickel – Worth up to $922
- Features: This coin has an “S” mintmark indicating it was made in San Francisco and includes 35% silver, as it was minted during World War II.
- Grade: An uncirculated MS-67 graded by the Numismatic Guaranty Company (NGC).
- Current Value: Approximately $922 for a high-grade version, while average condition coins are worth around $1.90.
2. 1940 Jefferson Nickel – Worth up to $1,314
- Features: A proof coin labeled “5C REVERSE OF 1938,” known for its rarity since it was never circulated.
- Grade: PF 67, certified by NGC, with only 17 known examples at this grade level.
- Current Value: Around $1,314 for a top-grade proof coin.
3. 1949 Jefferson Nickel – Worth up to $1,557
- Features: An uncirculated nickel with an “S” mintmark.
- Grade: MS 67, certified by NGC.
- Current Value: Approximately $1,557, with some selling for over $3,300 at auction in 2021.
4. 1951 Jefferson Nickel – Worth up to $5,200
- Features: The rare 1951-S nickel, with a mintage of just over 7.7 million, one of the lowest in the series.
- Grade: An MS 67-grade coin sold for $5,200, while others in similar condition have reached up to $18,600 in past auctions.
- Current Value: Around $5,200 for an MS 67 coin, making it the most valuable coin on our list.
Why Are High-Grade Coins More Valuable?
Most valuable Jefferson nickels are in uncirculated or high-grade conditions, making them tougher to find. Uncirculated coins have never been in circulation and retain their original luster, while high grades like MS 67 or higher indicate minimal wear and superior condition.
FAQ’s
What does the “S” mark on a Jefferson nickel mean?
The “S” mark indicates the coin was minted in San Francisco. This mintmark often adds value to older Jefferson nickels.
How can I check the grade of my Jefferson nickel?
A coin grading service like NGC or PCGS can professionally grade your coin. They evaluate the coin’s condition on a scale, with MS 67 being high-grade.
Are circulated Jefferson nickels worth anything?
Some circulated Jefferson nickels have value, but uncirculated, high-grade coins tend to fetch the highest prices.