Since its debut in 1938, the Jefferson Nickel has become a staple of American pocket change. While most are worth face value, certain dates, mintmarks, and errors can turn a simple nickel into a small fortune. Whether you’re a seasoned collector or just checking the change jar, here are the 7 most valuable Jefferson Nickels that could be worth hundreds—or even thousands—of dollars.
🥇 1. 1950-D Jefferson Nickel
- Estimated Value: $15–$20,000+
- Why It’s Valuable: This Denver-minted nickel had the lowest mintage in the series at just 2.6 million coins.
- Collector Tip: Uncirculated examples in pristine condition can command thousands.
🥈 2. 1939-D Jefferson Nickel
- Estimated Value: $30–$5,000+
- Why It’s Valuable: With only 3.5 million minted, it’s rare—especially in higher grades.
- Fun Fact: Known for being hard to find even in circulated condition.
🥉 3. 1942-P “War Nickel” (Proof)
- Estimated Value: $400–$1,500+
- Why It’s Valuable: This proof version of the 35% silver War Nickel is rare and limited in mintage.
- How to Spot: Look for a large “P” mintmark above Monticello—proof versions have sharp, mirrored finishes.
🏅 4. 1939 Jefferson Nickel (Doubled Monticello Variety)
- Estimated Value: $200–$1,000+
- Why It’s Valuable: A doubled die reverse shows strong doubling on “Monticello” and “Five Cents.”
- Tip: Requires close inspection or magnification—many go unnoticed.
🏆 5. 1964 Jefferson Nickel (SMS—Special Strike)
- Estimated Value: $2,000–$8,000+
- Why It’s Valuable: These Special Mint Set (SMS) coins were never officially released and are extremely rare.
- How to Spot: They have a satin finish, stronger strike, and are sharper than regular coins.
🎖️ 6. 1943-P War Nickel (Full Steps)
- Estimated Value: $50–$2,000+
- Why It’s Valuable: Minted in 35% silver during WWII. Those with Full Steps at Monticello’s base are especially rare and desirable.
- Note: “Full Steps” refers to sharply struck, complete lines on Monticello’s steps—indicating high quality.
🥈 7. 1971 No-S Jefferson Nickel (Proof Error)
- Estimated Value: $8,000–$20,000
- Why It’s Valuable: A rare proof coin from the San Francisco Mint that was mistakenly struck without an “S” mintmark.
- Only a few known: Making this one of the rarest Jefferson Nickels ever made.
💡 Bonus Tip: Check for Silver War Nickels (1942–1945)
- These contain 35% silver and can be spotted by the large P, D, or S mintmark above Monticello.
- Even common War Nickels are worth $1–$3 based on silver content.
🪙 Final Thoughts
The Jefferson Nickel may seem humble, but the rare varieties and key dates can surprise even longtime collectors. Whether you’re treasure hunting or building a set, keep an eye out—you just might find a nickel worth thousands.