Coin collecting isn’t just about nostalgia; it’s also a way to invest in a tangible asset. While most nickels you find in circulation are worth just a few cents, some rare varieties from over 20 years ago can fetch impressive sums.
These rare nickels have become sought-after treasures in the world of numismatics, with some selling for millions of dollars.
In this article, we will highlight four of the most valuable rare nickels, exploring their unique characteristics and what makes them so valuable.
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1. 1913 Liberty Head V Nickel
The 1913 Liberty Head V Nickel is widely regarded as the most valuable U.S. nickel in existence. Only five known examples of this coin were ever produced, and only three of them are in private collections.
The 1913 Liberty Head V Nickel’s rarity, historical significance, and impeccable condition contribute to its astronomical value.
- Mint Year: 1913
- Known Examples: 5
- Last Known Sales: $4.56 million (2018), $4.2 million (2022)
- Why It’s Valuable: Extreme rarity, historical significance, and mint condition.
- Estimated Value: $4 million+
These coins are not only rare but also have a fascinating history. They were minted in secrecy by a rogue Mint employee, and their appearance is drastically different from typical Liberty Head nickels.
The most valuable of these coins can fetch millions in auctions depending on their condition, making them the holy grail of numismatic treasures.
2. 1918/7-D Buffalo Nickel Doubled Die Obverse
The 1918/7-D Buffalo Nickel Doubled Die Obverse is a rare minting error that makes it one of the most coveted coins in the Buffalo nickel series.
The 1917 date was struck over a 1918 planchet, and as a result, the “7” from the 1917 date is still visible beneath the “8” of the 1918 date.
- Mint Year: 1918/7-D
- Minting Error: Doubled die obverse
- Last Known Sale: $350,750 (2006)
- Adjusted for Inflation: $549,202 (2024)
- Why It’s Valuable: The doubled die obverse is a rare and highly collectible error.
- Estimated Value: $350,000+ (depending on condition)
This error coin is a rare find, and it’s highly prized by collectors due to its unique appearance and history. The value of these coins can soar into the hundreds of thousands when they are in good condition.
3. 1926-S Buffalo Nickel
The 1926-S Buffalo Nickel is rare due to its low mintage—only 970,000 were produced at the San Francisco Mint.
In comparison, millions of Buffalo nickels were minted in other years, which makes the 1926-S a highly sought-after piece. Collectors especially prize this coin when it’s in excellent condition.
- Mint Year: 1926
- Mint: San Francisco (S)
- Last Known Sale: $322,000 (2008)
- Adjusted for Inflation: $472,096 (2024)
- Why It’s Valuable: Low mintage and excellent condition.
- Estimated Value: $300,000+
The 1926-S Buffalo Nickel is considered one of the most valuable of the Buffalo series, with well-preserved examples fetching substantial sums in auctions. The rarity combined with excellent condition makes this a favorite among numismatists.
4. 1867 Shield Nickel with Rays (Proof)
The 1867 Shield Nickel with Rays is a key date for Shield nickels. In 1867, the Mint accidentally produced some coins with rays surrounding the numeral “5” on the reverse before removing them in later versions. These coins are extremely rare and have fetched impressive prices in auctions.
- Mint Year: 1867
- Minting Error: Rays surrounding the numeral “5”
- Last Known Sale: $132,250 (2004)
- Adjusted for Inflation: $220,998 (2024)
- Why It’s Valuable: Rare minting error and key date.
- Estimated Value: $130,000+
The 1867 Shield Nickel with Rays is a highly collectible coin due to its rarity, unique design, and the historical mistake made during its minting. If you’re lucky enough to find one of these in good condition, it could be worth a significant amount.
| Coin | Minting Error/Feature | Last Known Sale | Estimated Value |
|---|---|---|---|
| 1913 Liberty Head V Nickel | Extremely rare, 5 known examples | $4.56 million (2018) | $4 million+ |
| 1918/7-D Buffalo Nickel (Doubled Die) | Doubled die obverse | $350,750 (2006) | $549,202 (2024) |
| 1926-S Buffalo Nickel | Low mintage (970,000 minted) | $322,000 (2008) | $472,096 (2024) |
| 1867 Shield Nickel with Rays (Proof) | Rays around the numeral “5” | $132,250 (2004) | $220,998 (2024) |
Rare nickels can be worth thousands or even millions of dollars depending on their rarity, condition, and unique features.
Whether it’s the 1913 Liberty Head V Nickel, the 1918/7-D Buffalo Nickel, or the 1867 Shield Nickel with Rays, these coins hold significant value in the world of coin collecting.
If you have a collection of old nickels, now is the perfect time to inspect them carefully. You may just be holding onto a small fortune!
FAQs
How do I know if my nickel is rare?
Look for special features like minting errors (e.g., doubled die, missing letters, or unique design variations) or coins with low mintages. Checking the coin’s condition also plays a major role in its value.
What is the most valuable nickel?
The 1913 Liberty Head V Nickel is the most valuable, with some examples fetching over $4 million at auctions. Its extreme rarity and historical significance make it a collector’s dream.
How can I sell my rare nickels?
If you believe you have a valuable nickel, have it appraised by a professional numismatist or grading service. You can sell it through reputable coin dealers, auction houses, or numismatic websites.
