When you dig into your pocket for change, you might not realize that some of those coins are worth a lot of money. This is especially true for certain five-cent nickels still used in the United States. Let’s explore nine rare nickels that could make you a fortune!
The Fascinating History of the Nickel
The nickel is a five-cent coin that has been around for a long time. It was first introduced in 1866 and was originally called a “shield coin.” By 1883, it changed to the Liberty Head design and was used until 1913. The current design, known as the Jefferson nickel, replaced older designs and has been in circulation since 1938.
During World War II, the nickel’s materials changed to save resources for the war. In 1942, silver and magnesium were used instead of nickel. Today, nickels are made of 75% copper and 25% nickel.
Rare Nickels Still in Circulation
Some nickels are not just ordinary coins. Here are nine valuable nickels you might find in your pocket that can be worth a lot of money:
| Coin Type | Estimated Value |
|---|---|
| 1926-S Buffalo Nickel | $4,200 |
| 1916 Double Die Buffalo Nickel | $3,800 |
| 1918/17-D Buffalo Nickel | $3,500 |
| 1879 Shield Nickel | $2,400 |
| 1937-D 3-Legged Buffalo Nickel | $2,000 |
| 1880 Shield Nickel | $2,000 |
| 1942-P Jefferson Nickel | $800 |
| 1950-D Jefferson Nickel | $600-$800 |
| 1939 Double Monticello | $500 |
These nickels can be worth thousands of dollars, but the value depends on their condition. Coin collectors should learn how to take care of their coins to keep their value high.
Why You Should Check Your Change
Finding a rare nickel can be exciting! Before spending or discarding coins, take a moment to look at them. You never know when you might have a valuable piece of history in your pocket. It’s always a good idea to check your coins for any special features or markings that could indicate they are rare.
Conclusion
In conclusion, not all coins are just simple change. Many nickels in circulation can be worth a lot of money, especially if they are rare or in good condition. If you take the time to check your coins, you might just find a valuable nickel worth hundreds or even thousands of dollars. So next time you reach for change, remember that those little five-cent coins could be worth much more than you think!
FAQs
1. What is a rare nickel?
A rare nickel refers to a five-cent coin that is hard to find and can have significant value due to its historical importance, unique features, or low mintage.
2. How do I know if my nickel is valuable?
The value of a nickel can depend on its type, year of minting, and condition. Coins in better condition and with unique features (like double die errors) are usually worth more.
3. Where can I check the value of my nickels?
You can check the value of your nickels by researching online coin valuation guides, visiting a local coin dealer, or checking auction sites for similar coins.
4. What should I do if I find a rare nickel?
If you think you’ve found a rare nickel, handle it carefully to avoid damage. You might want to consult a coin expert for evaluation and consider having it appraised if it appears valuable.
5. Are there other coins worth checking for value?
Yes, besides nickels, you should also check your pennies, dimes, quarters, and half dollars for any rare or valuable coins. Some older coins can be worth significantly more than their face value.