I’m a coin expert – the exact date and element you need to look for to find a $1,000 Jefferson nickel
[The Sun]
IT’S possible you might be able to find coins worth in the thousands around your home or anywhere you store change.
The value of your coins could depend on a few factors including mintage, grade and condition, as well as errors.
When it comes to Jefferson coins, it could get really challenging to find something of value given the high mintage amount each year.
For example, the 1950-D (Denver) nickel has the lowest production in the series, with more than 2.6million pieces issued.
In comparison, the lowest in the Lincoln penny series is the 1909 VDB-S (San Francisco) coin, with just 484,000 pieces minted.
But there’s one Jefferson nickel you need to look for that could be worth in the thousands, according to numismatics expert Justin Couch.
Here’s what he had to say about it in a recent TikTok video and how you can spot it yourself.
What is the coin and how to spot it?
This will apply to a Jefferson nickel that features the 1975 date.
In 1975, there were two Jefferson nickels issued for circulation, which are as follows:
- 1975 (no mintmark)
- 1975-D (Denver)
But there was a 1975-D variety created with error, as noted by Justin.
“The mintmark is up by the five,” just said.
“This is a misplacement mark,” he added
Instead, it should be lower and closer to the edge of the coin.
The date can be found bottom right of the obverse right next to the text “Liberty”.
According to Jason, a circulated 1975-D piece with that error sold for $1,000.
Circulated coins were struck by the Mint with the purpose of daily transaction use and released into general circulation – meaning they are easier to find versus uncirculated pieces.
Another one in an XF40 grade sold for $750 in a February 2019 auction, according to Professional Coin Grading Service.
Other valuable Jefferson nickel
Odds are if you have a valuable Jefferson nickel, it will feature an error.
For example, a 2016 dated nickel that was described by the seller as a “strike through” error sold for $123 online.
Another valuable one is knowns as the Henning Jefferson nickel, with one recently selling for $425 online.
It features a crack on the lower part of the letter “R” in the word “PLURIBUS,” which can be found on the top of the reverse.
While these are counterfeit, coin collectors value them today due to their iconic history.
And a Jefferson error piece with an embedded copper error on the reverse sold for more than $300.
It was dated 1975 without a mintmark.
To see if your spare change is worth anything, you can check eBay by searching the full name, selecting the “sold” listing, and then toggling the search to “highest value”.
This will give you an idea of how much the coin might be worth because your quarters, half dollars, dimes, and Lincoln pennies could be valuable too.
For more related news, a coin expert found a $1,000 penny by doing one of three things.