Rare nickels are highly sought after by coin collectors due to their unique history and rarity. Some of these nickels have been auctioned for over $75,000, making them prized possessions.
In this article, we’ll explore seven rare nickels and determine if they are still in circulation, potentially giving you the chance to uncover a valuable treasure in your pocket change.
1. 1913 Liberty Head Nickel
The 1913 Liberty Head Nickel is one of the most famous and rarest coins in the United States. Only five are known to exist, making it an incredibly valuable piece. Each of these coins has fetched hundreds of thousands, even millions, in auctions. The story behind their creation adds to their allure, as they were minted under mysterious circumstances.
2. 1918/7-D Buffalo Nickel
The 1918/7-D Buffalo Nickel is a fascinating example of an overdate coin, where the date was struck twice by mistake. This error occurred at the Denver Mint, and because of this, the 1918/7-D nickel is a rare find. In top condition, these coins can be valued at over $75,000, making them highly collectible.
3. 1937-D Three-Legged Buffalo Nickel
A notable minting error gives the 1937-D Three-Legged Buffalo Nickel its rarity. Due to excessive polishing of the die, the buffalo on the reverse of the coin appears to have only three legs. This error coin has intrigued collectors for decades and can reach significant auction prices.
4. 1926-S Buffalo Nickel
The 1926-S Buffalo Nickel is a rare date within the Buffalo nickel series, with low mintages contributing to its scarcity. This coin’s value can exceed $75,000 in uncirculated condition, making it one of the most sought-after Buffalo nickels by collectors.
5. 1916 Doubled Die Obverse Buffalo Nickel
The 1916 Doubled Die Obverse Buffalo Nickel is an error coin where the obverse was struck twice, leading to a doubled image of the features on the front. This rare minting mistake adds tremendous value to the coin, especially in higher grades, and can make it worth over $75,000.
6. 1885 Liberty Head Nickel
The 1885 Liberty Head Nickel is a key date in the Liberty Head series. With only around 1.4 million coins minted, it is highly sought after by collectors. In pristine condition, this coin can be valued at more than $75,000.
7. 1924-S Buffalo Nickel
The 1924-S Buffalo Nickel is another rare date coin that can fetch high prices, especially in uncirculated grades. Its low mintage and the fact that many were worn down over time make this coin a valuable find for collectors.
| Coin Name | Year | Mint Location | Special Feature | Estimated Value ($) |
|---|---|---|---|---|
| Liberty Head Nickel | 1913 | Philadelphia | Only 5 known to exist | 3,000,000+ |
| Buffalo Nickel Overdate | 1918/7-D | Denver | Overdate error | 75,000+ |
| Three-Legged Buffalo Nickel | 1937-D | Denver | Minting error | 100,000+ |
| Buffalo Nickel | 1926-S | San Francisco | Low mintage | 75,000+ |
| Doubled Die Obverse Buffalo | 1916 | Philadelphia | Doubled image | 75,000+ |
| Liberty Head Nickel | 1885 | Philadelphia | Low mintage | 75,000+ |
| Buffalo Nickel | 1924-S | San Francisco | Low mintage | 75,000+ |
Many of these rare nickels may no longer be in general circulation, but it’s still possible to find them in collections, estate sales, or coin shops. The likelihood of discovering one in pocket change is slim, yet not impossible. Whether you’re an experienced collector or a curious novice, knowing about these coins could lead to an exciting discovery.
FAQs
What makes these nickels so valuable?
These nickels are valuable due to their rarity, historical significance, and unique minting errors. Coins like the 1913 Liberty Head Nickel have very limited numbers, while others, such as the 1937-D Three-Legged Buffalo, feature minting mistakes that increase their worth.
Are these rare nickels still in circulation?
Most of these nickels are unlikely to be found in everyday circulation. However, there is a chance that rare coins could be discovered in old coin collections, rolls of coins from banks, or estate sales.
Where can I find rare nickels?
You can search for rare nickels in coin shops, auctions, and estate sales. Additionally, checking coin rolls from banks or older collections could yield a rare find.
How much can I expect to pay for one of these rare nickels?
Prices vary depending on the condition of the coin and its rarity. Some of these coins, such as the 1913 Liberty Head Nickel, have sold for millions, while others, like the 1918/7-D Buffalo Nickel, can fetch upwards of $75,000 in excellent condition.
Is it worth collecting rare nickels?
Yes, collecting rare nickels can be a rewarding hobby, both financially and historically. These coins not only hold significant value but also represent important moments in U.S. minting history.