These 9 Valuable Nickels Still In Circulation Worth Up To $4,200

Coins often get overlooked, tossed into jars or spent without a second thought. However, some coins, particularly certain five-cent pieces, could hold significant value—potentially worth thousands of dollars. If you’ve ever wondered whether that nickel in your pocket could be worth more than its face value, you’re not alone. Let’s take a closer look at the rich history of the five-cent coin, the rare and valuable varieties that could earn you a small fortune, and why these coins may be worth a second glance.

A Brief History of the Five-Cent Coin

The five-cent coin, commonly known as the nickel, has been a staple of American currency since its creation in 1866. Initially known as “shield coins,” these early nickels were designed to replace the fractional silver coins that had been used in the country. By 1883, the design evolved into the Liberty Head nickel, which remained in circulation until 1913. The following years saw the introduction of the Buffalo or Indian Head nickel (1913-1938), a beloved design still considered iconic today.

In 1938, the Jefferson nickel replaced the Buffalo nickel, and it continues to be in circulation today. However, during World War II (1942-1945), the minting process for nickels underwent a significant change. The U.S. Mint began producing nickels from a composition of silver and magnesium to conserve nickel for the war effort. The wartime formula was later replaced, and modern nickels are now made from 75% copper and 25% nickel, as specified by the U.S. Mint.

Rare 5-Cent Coins Worth a Small Fortune

While most five-cent coins in circulation are worth just five cents, certain older and rarer versions have become highly sought after by collectors. Some of these coins can fetch prices in the thousands of dollars. According to Go Banking Rates, several 5-cent coins still in circulation today could be worth a small fortune, especially if you happen to come across one in excellent condition. Let’s take a look at the coins to keep an eye out for:

1. 1926-S Buffalo Nickel: $4,200

The 1926-S Buffalo nickel is considered one of the most valuable of all Buffalo nickels. Its value can reach up to $4,200 depending on its condition. These coins are rare because of the limited number minted that year, and those in pristine condition are highly sought after by collectors.

2. 1916 Double Die Buffalo Nickel: $3,800

A remarkable coin in terms of both rarity and value, the 1916 Double Die Buffalo nickel is another highly prized specimen. This coin has a doubled die error, which means that the details on the coin were struck twice, creating a noticeable doubling effect on the design. The coin’s value can go as high as $3,800.

3. 1918/17-D Buffalo Nickel: $3,500

The 1918/17-D Buffalo nickel features an interesting overdate error, where the 1917 date was struck over the 1918 die. This overdate variety makes the 1918/17-D Buffalo nickel highly desirable, with prices reaching as high as $3,500 for a coin in excellent condition.

4. 1879 Shield Nickel: $2,400

The 1879 Shield nickel, which features a design of a shield surrounded by stars, is another rare find that can be worth up to $2,400. These coins were minted during the early days of the nickel, making them highly collectible for history enthusiasts.

5. 1937-D 3-Legged Buffalo Nickel: $2,000

One of the most famous error coins, the 1937-D 3-Legged Buffalo nickel has a fascinating backstory. Due to a minting error, the coin shows only three legs on the buffalo instead of four. The unique design flaw has caused the coin to be worth around $2,000 in top condition.

6. 1880 Shield Nickel: $2,000

Similar to the 1879 Shield nickel, the 1880 version is highly valued by collectors, with prices reaching up to $2,000. Coins from this period are appreciated for their historical significance as well as their rarity.

7. 1942-P Jefferson Nickel: $800

The 1942-P Jefferson nickel is a special wartime issue. Some of these nickels are known to have been struck on the wrong planchets, making them valuable to collectors. While most of these coins are worth only their face value, a well-preserved 1942-P Jefferson nickel can fetch around $800.

8. 1950-D Jefferson Nickel: $600-$800

The 1950-D Jefferson nickel is another wartime-era coin that’s worth far more than its face value. These coins are considered valuable due to their limited mintage, and depending on their condition, they can range from $600 to $800 in value.

9. 1939 Double Monticello Nickel: $500

The 1939 Double Monticello nickel is a coin with a subtle but valuable error. The reverse side of the coin features a doubled image of Monticello, which makes it highly sought after by collectors. If you find one in good condition, it could be worth up to $500.

The Importance of Coin Condition

It’s important to note that the value of these coins depends heavily on their condition. Coins that are well-preserved, free from damage, and with clear details will be worth significantly more than those that are worn or damaged. For this reason, it’s essential to handle coins carefully, store them properly, and avoid cleaning them, as cleaning can reduce their value.

Why These Coins Matter

The value of these rare five-cent coins is not just about their monetary worth, but also their historical significance. As noted by American Bullion, these coins offer a tangible connection to America’s past, with designs that have evolved over the years to reflect the country’s changing ideals. Collectors and investors value these coins not only for their rarity but also for the stories they tell about the nation’s history.

Conclusion

Next time you find a handful of coins in your pocket or purse, take a moment to examine them before spending or tossing them aside. You might be holding onto a piece of history—or even a valuable collector’s item. As highlighted by Go Banking Rates and American Bullion, certain five-cent coins are worth far more than their face value, and with a bit of research, you might discover that your pocket change is worth a small fortune.

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