Coin collecting can be an exciting hobby, especially when it comes to error coins. Among these, the 1970s Jefferson nickels are particularly interesting due to their unique minting flaws. These errors can significantly increase a coin’s value, making them highly sought after by collectors. If you’re just starting or are a seasoned collector, knowing about these rare nickels can help you find valuable additions to your collection. Below, we’ll explore the top 9 1970s nickels with errors that are worth big money.
1. 1971 No-S Proof Nickel
The 1971 No-S Proof Nickel is one of the most famous error coins. This error occurred at the San Francisco Mint when they forgot to add the “S” mintmark to some proof nickels. Because of this mistake, the 1971 No-S Jefferson Nickel is quite rare and can be valued at over $1,000 if it’s in good condition.
2. 1970-S Double Struck and Broad Struck Nickel
This type of error happens when a coin is struck twice, with the second strike often being off-center. In some cases, the coin can also break free of its collar during minting, leading to a broad-struck mistake. These unique features can make these nickels worth up to $350.
3. 1975-D High D Mintmark Nickel
The 1975-D Nickel is notable for having a misplaced “D” mintmark. Because of this unusual placement, this variant is very collectible. Depending on its condition, these nickels can be worth between $50 and $250.
4. 1979-S Type II Proof Nickel
Another valuable error is the 1979-S Type II Proof nickel. This error occurred when the “S” mintmark changed during the minting process, leading to a “clear S” variant that is rarer than the original “blobby S.” Prices for these coins can vary from $4 to $10 based on their grade.
5. 1975-D Overstruck Mintmark Nickel
Overstruck mintmarks happen when a mark is punched incorrectly at first and then corrected. The “D” mintmark on the 1975-D Nickel was repunched, making it valuable. Depending on how well they are preserved, these coins can be valued between $100 and $200.
6. 1970-D Die Break Nickel
A die break occurs when the minting die is worn down, causing cracks or fissures on the coin’s surface. In circulating condition, these nickels might be worth between $5 and $10, but larger or more noticeable breaks can increase their value.
7. 1970-S Full Steps Nickel
Full Steps nickels feature the Monticello design with at least five complete steps visible. These are highly valued, especially in high grades. A 1970-S Full Steps nickel in mint state (MS) 65 can sell for up to $700, while higher grades can reach values as much as $3,850.
8. 1979-S Misaligned Die Nickel
This error occurs when the die used to strike the coin is slightly misaligned, leading to off-center features. The value of these 1970s nickels with misaligned die defects can range from $50 to $150, depending on how misaligned they are and their overall condition.
9. 1970-D Off-Center Nickel
Off-center errors happen when the coin is not positioned correctly in the minting machine. This can result in missing parts of the design. Depending on how much of the design is missing, 1970-D off-center nickels can be worth between $100 and $250.
Conclusion
Collecting 1970s error nickels can be an exciting adventure for both new and experienced coin collectors. Mistakes like missing mintmarks, double strikes, and Full Steps can lead to valuable discoveries. If you find one of these rare nickels in good condition, it could become a fantastic addition to your collection. As the value of these coins increases over time, staying informed about their unique features can help you make wise collecting decisions. Keep an eye out for these hidden gems; you never know what might turn up in your change!
frequently asked questions (FAQs)
1. What are error coins, and why are they valuable?
Error coins are coins that have mistakes made during the minting process, such as missing mintmarks or double strikes. These flaws can make them rare and highly collectible, often increasing their value significantly compared to regular coins.
2. How can I tell if my 1970s nickel has an error?
To identify errors, carefully examine your nickel for signs like missing mintmarks, misalignment, double strikes, or unusual features. Research online for pictures and descriptions of known errors, or consult a coin expert for help.
3. What are some of the most valuable 1970s nickels?
Some of the most valuable 1970s nickels include the 1971 No-S Proof Nickel, 1970-S Double Struck and Broad Struck Nickel, and 1970-D Off-Center Nickel. Values for these coins can range from a few dollars to over $1,000, depending on their condition and rarity.