Rare Jefferson Nickel Values: Do You Have The $10,000 Rare Jefferson Nickel? A List Of Rare Nickels You Should Be Looking For

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Joshua

Hobbies & Crafts, Rare U.S. Coins

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rare jefferson nickel

Did you know there is a rare Jefferson nickel worth $10,000 or more that you may find in your spare change?

There are many rare nickels that you can still find in circulation — many of these are very valuable coins!

In fact, there are several rare Jefferson nickels worth some serious cash.

I’m going to tell you what they are and how you can find them.

Really?… A Rare Jefferson Nickel Worth $10,000

No kidding, there really is a Jefferson nickel worth up to 5 figures.

You can find one searching through pocket change or bank rolls — if you’re lucky enough.

It’s the 1942-D Over Horizontal D Jefferson nickel, and uncirculated (unworn) examples are worth thousands of dollars!

I’ll fill you in more about this rare and valuable nickel in a minute. First, you need to know what to look for when you’re studying Jefferson nickels.

How To Spot Rare Jefferson Nickels

Among all circulating United States coin series, Jefferson nickels are the easiest old coins to find because very few non-collectors can tell the differences between an old Jefferson nickel and a newer one.

The first Jefferson nickels were minted in 1938, and some of the earliest examples are still floating around out there.

At first glance, all Jefferson nickels made before the Westward Journey commemorative series of 2004 to 2005 look about the same.

And this is where it pays to be an astute coin collector. Most circulated old Jefferson nickels have a dull, grayish appearance.

Find a 1942, 1943, 1944, or 1945 Jefferson nickel with a large “P,” “D,” or “S” mintmark above the dome of Monticello, and you’ve got a 35% silver nickel worth $1 or more!

Mintmarks on nickels made before 1965 are found on the reverse (tail’s side) of the coin — not under the date as with 5-cent coins made since 1968.

Thankfully, 1942 nickels still turn up in circulation every now and then. So the odds of finding a 1942-D Jefferson nickel in your pocket change or through roll searching aren’t all that terrible, considering the age of these coins.

How To Spot The Most Valuable Jefferson Nickel

Now what about those really rare and valuable 1942-D Jefferson nickels?…

According to the Professional Coin Grading Service (PCGS) one of the leading coin authentication firms in the world, there are only about 20,000 of the 1942-D Over Horizontal D Jefferson nickels around.

Here’s what they’re worth:

  • Circulated examples of the 1942-D Over Horizontal D Jefferson nickel are worth $50 to $150 — not bad!
  • Uncirculated examples of the 1942-D Over Horizontal D Jefferson nickel are worth between $1,500 and $15,000 — with Full Steps specimens listing for more than $30,000!

Here’s where you’re most likely to find one:

  • You’ll have to get very lucky to find an uncirculated 1942-D Over Horizontal D Jefferson nickel in a bank roll — not impossible given the number of uncirculated 1940s and 1950s Jefferson nickels that still turn up on occasion in some bank rolls.
  • You could also find an uncirculated 1942-D Over Horizontal D Jefferson nickel in an heirloom coin collection or an estate.
  • You might even find one hidden in a coin hoard buried in a yard. Sound far fetched? Think again… one couple scored millions when they dug up a hoard of gold coins buried in coffee can on their property!

Here’s why the Denver “D” mintmark was stamped horizontally:

Before 1990, Mint operator handpunched mintmarks on coin dies, and sometimes the mintmark was accidentally applied in the wrong direction, such as the 1942-D Over Horizontal D nickel.

Usually the mintmark orientation was corrected by re-stamping the mintmark over the wayward mintmark, resulting in these crazy-looking mintmark errors.

Other Rare Jefferson Nickel Values

There are many other valuable Jefferson nickels that can be found in loose change.

These are 14 of the scarcest Jefferson nickels, and their approximate values:

  • 1939 Doubled MONTICELLO & FIVE CENTS — $50+
  • 1939-D — $7+
  • 1943-P, 3 Over 2 — $35+
  • 1943-P Doubled Eye — $15+
  • 1945-P Doubled Die Reverse — $15+
  • 1949-D, D Over S — $35+
  • 1950-D — $10+
  • 1954-S, S Over D — $15+
  • 1955-D, D Over S — $18+
  • 1971 No-S Proof — $1,000+
  • 1979-S Type 2 (Clear “S”) Proof — $5+
  • 1981-S Type 2 (Clear “S”) Proof — $5+
  • 1994-P Special Uncirculated — $40+
  • 1997-P Special Uncirculated — $175+

*Values included in the list directly above are for coins in a grade of Very Fine-20 in the cases of those made before 1960 and uncirculated for dates afterward unless otherwise noted. 

IMPORTANT: Do You Know The Grade Of Your Nickel?

To determine the true value of your nickel, you first need to know what condition (or grade) your coin is in.

Grab a coin magnifier and a copy of the U.S. Coin Grading Standards book. Then, watch this video to see how to grade coins yourself at home:

More About Jefferson Nickel Values

In addition to the links I’ve included above, here are some other resources to help you learn more about your Jefferson nickels:

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17 thoughts on “Rare Jefferson Nickel Values: Do You Have The $10,000 Rare Jefferson Nickel? A List Of Rare Nickels You Should Be Looking For”

  1. I have decided to search Nickel boxes and in my second box I found the below and attached. What do you think?
    1 S 1945
    18 P Ocean in View & 2 D Ocean in View
    14 P Bison & 2 D Bison
    11 P Peace Medal & 5 D Peace Medal
    5 P Keelboat & 5 D Keelboat
    25 1950s
    2 P 1948
    4 P 1947
    1 P 1946
    3 P 1941
    5 P 1940
    2 P 1939
    7 Canadian https://uploads.disquscdn.com/images/1b7a9ca19875a1eb44293fbe416f32142835b7608bcd625eab61891e458dca62.jpg https://uploads.disquscdn.com/images/4cab57b2b8c66923ba194459faec7d7e99c682de89fdc0d52b0dd180e3660f81.jpg

    Reply

    • Hi, Kevin —

      Here’s a rundown on approximate values assuming each of the coins to be circulated…

      1 S 1945 — 8 to 10 cents
      18 P Ocean in View & 2 D Ocean in View — all face value if found in pocket change
      14 P Bison & 2 D Bison — all face value if found in pocket change
      11 P Peace Medal & 5 D Peace Medal — all face value if found in pocket chang
      5 P Keelboat & 5 D Keelboat — all face value if found in pocket change
      25 1950s — 7 to 15 cents each, except for the 1950-D, which is worth about $7 and up if circulated
      2 P 1948 — 7 to 10 cents each
      4 P 1947 — 7 to 10 cents each
      1 P 1946 — 7 to 10 cents each
      3 P 1941 — 7 to 10 cents each
      5 P 1940 — 10 to 15 cents each
      2 P 1939 — 10 to 15 cents each
      7 Canadian — 10 to 15 cents each

      Reply

  2. I have this 1987 d nickel that is weird. The words IN GOD WE TRUST, LIBERTY and 1987 are half covered by the rim, there’s two die cracks on the front and back of the coin that almost completely circle the nickel, I think there’s a curd on the front of the coin underneath Jefferson, and the words FIVE CENTS on the back of the coin is unreadable. This coin is the same thickness and size of every other nickel I have. Do you know what’s wrong with this nickel and how much it is worth?

    Reply

    • Hello, Bryan –

      I don’t seem to see a photo of the coin, which would help me in determining an approximate value. Would you please post a couple clear images?

      Thank you!
      -Josh

      Reply

  3. https://uploads.disquscdn.com/images/d4ad2f12875983d38d82c1dd2e1ce89147fecaba5644cfa65267d02e5bd67056.jpg https://uploads.disquscdn.com/images/e4a875ada5561875ed0635d1f9ec3e9437069e478e6ed5bd8c4361096ca00b8a.jpg https://uploads.disquscdn.com/images/968ec6f781a47ea3047081765b1d342f1d251ef52c7206ea6d6302646f36967a.jpg https://uploads.disquscdn.com/images/321697e691bc73c99e0f578a3601e61001f2a5222ac951256b0b67a9e3dc7e1a.jpg https://uploads.disquscdn.com/images/1bdb4f526ab909650f2bc847020997015653a9403b22fcda17d584617be6f20f.jpg

    Reply

    • Hi, Bryan —

      It looks like this coin does have a die crack along “S OF AMERICA.” Oddly enough, it appears this coin may have also been spooned — manipulated in some form or fashion along its edge, which is why the rim is so close to the lettering.

      In many cases prominent die cracks up a coin’s value by at least $3 to $5, though I’m not sure if the rim damage would negate the added value. It really depends on the buyer and how much he or she would want the coin for the die crack.

      Cool find!
      Josh

      Reply

  4. The front die crack starts on the R in TRUST and circles clock-wise until right before the I in IN. The back die crack starts on the UM in UNUM and circles clock-wise until the first U in PLURIBUS. The possible curd is right underneath Jefferson. Sorry if the pictures aren’t the best. I don’t have a good camera.

    Reply

  5. New to coin collector world with some questions on “Jefferson Nickel Collection Starting 1962 Number Two” and their value please. Thanks!

    Reply

    • Hi, Zoe!

      Thank you for reaching out! What would you like to know about the Jefferson nickels beyond their value? As for value, this really depends on their condition, but regular-issue Jefferson nickels without any errors or varieties are worth face value in circulated (worn) condition.

      Please let me know if you have any other questions, and I’ll be glad to help!

      Best wishes,
      Josh

      Reply

  6. Hello Joshua, I have been sorting through coin rolls from the bank and recently found 2 strange coins. One, a 1970 with what looks like tooling marks. It could just be damage, but I don’t know. I’m not really concerned with that one. But, the other one is a 1960 and it looks like it’s delaminating with copper underneath. I’ve never seen a delaminated nickel before in person and and the delaminated examples I see online look nothing like mine. I was wondering if these might be be worth investigating further and what your opinion is. I would appreciate it if you can. Thank you

    https://uploads.disquscdn.com/images/be250d4980b90c4d82d106066eccdb703ec5ab1d9ab053407a53abecef6fbbb4.jpg ? https://uploads.disquscdn.com/images/91d457edbd5e5fea9659a02c6f1dc4ad2449bfab40e8850d4875f7f46becc6a3.jpg

    Reply

    • Hi, Mitchell —

      Interesting pieces! Im not sure the 1960 is a lamination error. The surfaces appear to have been manipulated and exhibit chemical damage. The 2000 looks like it was attacked by a drill and also exhibits post-Mint damage.

      Both are eye-catching pieces, but I’m afraid neither is an error based on what I see in the photos.

      Best wishes,
      Josh

      Reply

    • Hi, Julissa —

      I do see the color difference, though the light golden hue is a normal type of color tone for a nickel. It’s usually a result of the way the copper-nickel metal alloy reacts to environmental factors like fumes, heat, and ambient chemicals like sulfur.

      As this toning is fairly common and not usually considered a desirable color, the coin is worth its face value.

      Thank you for reaching out,
      Josh

      Reply

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