We received these pictures from a loyal reader who subscribes to our Coin Newsletter.
Could you please check out this Nickle [sic] which I found amongst my other nickels and let me know if it’s an error coins? please view attachment with scan of both sides of the coin. Your help would be highly appriciated [sic]. — Edwin
Curious about this nickel? Read on to get the answer…
Nickel Error Or Post-Mint Damage?
Well, Edwin (and everybody else!) it looks like the 1970 Jefferson nickel in question is the victim of post-mint damage.
Post-mint damage refers to alterations (either accidental or intended) which occur to a coin after it’s been minted.
How Can I Tell It’s Post-Mint Damage?
In the case of Edwin’s 1970 Jefferson nickel, it looks like it was severely damaged by something exerting torquing (twisting) pressure. Apparently, the nickel got caught or stuck in something with severe pressure.
You can observe some of the damage as evidenced by areas where the metal appears to have been pushed up along the ridges of the gouging.
You can even see where part of the rim on the bottom of the reverse (around 6:00 on the tails side of the coin, below Monticello) is actually broken away.
It looks like the coin saw wear after it was damaged; I can tell because it looks like some of the raised areas of damaged have been softened or blunted through wear.
Who knows what caused this post-mint damage, but it certainly resulted in some eye-popping results!
Error Coins Versus Damaged Coins
At this point, you’re probably wondering what an error coin is versus damaged coins.
- An error coin is one that was somehow messed up at the United States Mint due to a minting blunder
- A post-mint damage coin is one that suffered either intentional or accidental alterations after it left the United States Mint
Error coins are generally more valuable than regular coins, even if only slightly moreso. Some of the most common error coins, like some types of off-center strikes or blank planchets are worth only a few dollars. Double die error coins are one of the types of coin errors worth significantly more — like the 1955 doubled die cent, which is worth around $1,000 and up!
Most Damaged Coins Aren’t Valuable
While Edwin’s nickel may look pretty off the wall, it unfortunately isn’t worth more than face value. Rarely does post-mint damage ever cause a coin to be worth more.
Definitely keep checking your change! Even if you don’t find anything extraordinarily valuable, you’re always liable to pull out a conversation piece like Edwin’s 1970 Jefferson nickel!