You might not think much about a nickel, but some of them can be worth a lot of money! A coin expert recently shared a fascinating story on TikTok about a special type of Jefferson nickel that could sell for up to $41,000 at auction. This surprising value comes from a rare version of a common coin minted in 1964. Let’s explore what makes this nickel so special and how you can check if you have one hiding in your change!
What Makes This Nickel Special?
The nickel in question is a 1964 Jefferson nickel, which was produced in large numbers. However, there is a rare version known as a test piece. This unique coin was created by the U.S. Mint while they were experimenting with new methods for making coins look better and last longer.
Shaun, also known as BlueRidgeSilverHound on TikTok, explains that these test pieces were made during a time when the Mint was improving its production process. Unlike regular nickels, which often have small flaws and uneven edges, this special test nickel has a much sharper and cleaner look.
Key Features to Look For
To determine if you have this valuable nickel, check for the following key features:
| Feature | Description |
|---|---|
| Squared Edges | The edges of the test nickel are sharply squared off, giving it a clean, defined look that sets it apart from regular rounded-edge nickels. |
| Superior Strike Quality | The test piece has a better strike than normal nickels, meaning it shows less wear and has clear, well-defined images. |
| Limited Availability | Most known examples of this coin are already accounted for, making it a rare find and a collector’s dream. |
The Value of the 1964 Jefferson Nickel
The market value of these special coins is impressive. For example, one 1964 Jefferson nickel test piece was recently graded as Special Mint State 68 Full Steps and sold for an incredible $41,231.25 at auction. This shows just how much collectors are willing to pay for a unique coin!
Shaun calls it a “unique unicorn,” highlighting how rare and valuable these test pieces are. Even though it might be hard to find another like it, the excitement of discovering something valuable in your change is worth the effort.
Other Valuable Coin Finds
While the 1964 Jefferson nickel test piece is special, it’s not the only coin that could be worth a lot of money. Here are some examples of other coins you might find:
| Coin Type | Potential Value |
|---|---|
| Rare Lincoln Pennies | Can sell for thousands of dollars. |
| Buffalo Nickels | Have sold for over $1,000. |
| 2004 Quarters | Might be worth up to $2,000. |
Coins can be surprising treasures, and it’s always a good idea to check your pockets or piggy bank for anything unusual.
Conclusion
Finding a rare nickel like the 1964 Jefferson test piece can change your life, turning a simple coin into a treasure worth thousands of dollars. This exciting world of coin collecting shows how even everyday items can hold hidden value. By paying attention to small details like the edges and strike quality, you might discover that you have a collector’s item on your hands. So next time you dig through your change, keep an eye out! You never know what treasures are waiting for you.
FAQ’s
How do I know if my Jefferson nickel is valuable?
To determine if your Jefferson nickel is valuable, look for a 1964 version with squared edges and a superior strike quality. These features indicate it might be a rare test piece worth a significant amount, potentially over $41,000.
What should I do if I find a rare coin?
If you find a rare coin, take it to a professional coin dealer or appraiser for evaluation. They can help determine its value and guide you on selling or keeping it safely.
Are there other coins that might be worth money?
Yes! Many coins can be worth a lot more than their face value. Examples include rare Lincoln pennies, Buffalo nickels, and certain quarters, which can sell for thousands of dollars at auction. Always check your change for hidden treasures!