The Jefferson Nickel, first introduced in 1938 to honor the legacy of Thomas Jefferson, has remained a key part of U.S. coinage for decades. Featuring Jefferson’s profile on the obverse and his famous Monticello estate on the reverse, this coin holds historical significance and boasts a timeless design.
While most Jefferson Nickels are worth only their face value or metal content, rare minting errors have transformed some into highly valuable collectibles. These mistakes-ranging from doubled dies to missing mint marks-have made certain nickels exceptionally rare and sought-after by collectors.
In this article, we’ll uncover 10 of the most valuable Jefferson Nickel error coins that could be worth a small fortune.
Table of Contents
1. 1943 Doubled Die Reverse
The 1943 Doubled Die Reverse Jefferson Nickel features noticeable doubling on the reverse, especially around Monticello and the inscriptions. This rare flaw dramatically increases its worth.
A pristine MS-65 example sold for $75,000 in 2023, making it one of the most coveted Jefferson Nickel errors.
2. 1955 Doubled Die Obverse
Among the most famous errors in U.S. coin history, the 1955 Doubled Die Obverse Jefferson Nickel displays significant doubling on the obverse, especially in the word “LIBERTY” and the date.
An MS-65 specimen fetched an incredible $120,000 in 2023, proving its status as a top-tier collectible.
3. 1964 Special Mint Set Jefferson Nickel
The 1964 Special Mint Set (SMS) Jefferson Nickels were produced with a satin-like finish, differing from standard proof or business-strike nickels. These coins were never officially released into circulation, making them extremely rare.
A high-grade MS-67 example sold for $100,000 in 2022 due to its limited production and impeccable condition.
4. 1939 Doubled Die Reverse
The 1939 Doubled Die Reverse Jefferson Nickel exhibits doubling on the reverse, particularly on Monticello and the inscriptions. This subtle error enhances its desirability.
An MS-66 coin sold for $85,000 in 2021, proving that collectors highly prize these rare varieties.
5. 1970-S No S Proof Jefferson Nickel
One of the most well-known minting errors, the 1970-S No S Proof Jefferson Nickel is missing the “S” mint mark. This mistake happened during the proof production process, resulting in a rare and valuable coin.
A PR-69 graded example reached $30,000 in 2023, making it a sought-after item for numismatists.
6. 1942-P Overdate
The 1942-P Overdate Jefferson Nickel displays a partially visible “2” over a “1” in the date due to a die preparation error. This variety is rare and highly valuable.
An MS-65 example sold for $35,000 in 2021, highlighting its importance among collectors.
7. 1994 Double Ear
The 1994 Double Ear Jefferson Nickel features an unusual error where a second ear-like protrusion appears on Jefferson’s portrait due to a die defect. This odd visual makes it a standout coin.
An MS-65 specimen was auctioned for $15,000 in 2022, proving that even modern errors can fetch high prices.
8. 1990 No S Proof Jefferson Nickel
Another fascinating proof error, the 1990 No S Proof Jefferson Nickel, lacks the usual “S” mint mark. This production flaw resulted in a scarce and valuable variety.
A PR-69 graded example sold for $30,000 in 2023, making it a prized find for collectors.
9. 2004-D Wisconsin State Quarter/Jefferson Nickel Mule Error
One of the most unusual mule errors in U.S. history, this hybrid coin mistakenly combines the obverse of a Wisconsin state quarter with the reverse of a Jefferson Nickel. Only a few exist, making it extraordinarily rare.
A specimen fetched an impressive $70,000 in 2023 due to its extreme rarity and historical intrigue.
10. 1964 SMS Nickel Struck on a Copper Planchet
A rare off-metal strike, this 1964 SMS Jefferson Nickel was mistakenly minted on a copper planchet meant for pennies, resulting in a reddish-brown appearance.
An example of this error sold for $25,000 in 2023, making it a remarkable and highly sought-after piece.
What Makes These Jefferson Nickel Errors So Valuable?
Several key factors contribute to the high values of these Jefferson Nickel error coins:
- Rarity: Errors like doubled dies, missing mint marks, and wrong planchet strikes occur infrequently, making these coins extremely scarce.
- Condition: Coins in top-grade condition (MS or PR-65 and above) are significantly more valuable than worn specimens.
- Historical Significance: Some of these errors played a role in U.S. numismatic history, adding to their intrigue and collectability.
- Visual Appeal: Striking mistakes, such as dramatic doubling or incorrect metal compositions, make these coins highly desirable.
Could You Have a Rare Nickel in Your Collection?
While finding one of these ultra-rare Jefferson Nickel errors in pocket change is unlikely, it’s not impossible. Many collectors search through rolls of nickels, estate sales, and online auctions in hopes of discovering hidden treasures. If you come across a coin with an unusual design, missing elements, or striking abnormalities, consider having it professionally appraised—it could be worth a significant amount.
Why Collect Jefferson Nickel Errors?
Collecting Jefferson Nickel errors is an exciting and rewarding hobby. These coins offer a blend of rarity, history, and craftsmanship, providing both numismatists and investors with unique opportunities. Over time, the value of these error coins can increase, making them not only fascinating collectibles but also potential financial assets.
The 10 valuable Jefferson Nickel errors highlighted here showcase the diverse and intriguing nature of minting mistakes. From the iconic 1955 Doubled Die Obverse to the rare 2004-D Wisconsin Quarter/Nickel Mule, each of these coins tells a compelling story and holds a special place in the world of numismatics.
