Understanding what nickels are worth money is essential knowledge for coin collectors, treasure hunters, and anyone who handles loose change regularly. While most nickels you encounter are worth only their face value of five cents, certain dates, mint marks, and varieties can be worth hundreds, thousands, or even millions of dollars. From the legendary 1913 Liberty Head nickel worth over $4.5 million to valuable Buffalo nickel errors and key-date Jefferson varieties, learning what nickels are worth money can transform casual coin hunting into a profitable hobby. This comprehensive guide presents the complete list of 100 most valuable nickels, helping you identify which coins in your collection or pocket change could be hiding significant value and potentially life-changing discoveries.
Complete List: What Nickels Are Worth Money (Top 100)
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The Evolution of American Nickels: What Nickels Are Worth Money by Era
Shield Nickels (1866-1883)
Shield nickels were America's first copper-nickel five-cent pieces, replacing the silver half dime. Designed by James B. Longacre, these coins featured a prominent shield on the obverse symbolizing Union strength after the Civil War. Early Shield nickels with rays between stars (1866-1867) are particularly valuable and represent what nickels are worth money from this era, with specimens reaching six figures. Later issues without rays continued until 1883, and all Shield nickels in collectible condition command significant premiums.
Liberty Head Nickels (1883-1913)
Charles E. Barber's Liberty Head nickel design replaced the Shield series and became an American numismatic icon. The infamous 1883 "No CENTS" variety initially lacked denomination wording, leading criminals to gold-plate them as fake five-dollar pieces. This was quickly corrected, creating two distinct 1883 varieties. The series culminated with the unauthorized 1913 Liberty Head nickel—only five specimens exist, making it the ultimate answer to what nickels are worth money, with values exceeding $4 million at auction.
Buffalo Nickels (1913-1938)
James Earle Fraser's Buffalo nickel (Indian Head nickel) captured America's frontier spirit with a Native American chief obverse and American bison reverse. This series contains numerous examples of what nickels are worth money, including the 1918/7-D overdate ($350,750), 1926-S ($322,000), and the famous 1937-D 3-Legs error ($99,875). Low-mintage dates from Denver and San Francisco mints, particularly from the 1920s-1930s, are highly sought after. Many Buffalo nickels show heavy wear due to the design's high points, making well-preserved examples especially valuable.
Jefferson Nickels (1938-Present)
Felix Schlag's Jefferson nickel design won a 1938 competition, depicting Thomas Jefferson on the obverse and Monticello on the reverse. While most Jefferson nickels are common, certain dates exemplify what nickels are worth money: 1939 doubled dies, 1942-1945 wartime silver nickels (35% silver with large mint marks), 1949-D/S overmintmark, and modern errors. The 1954-S, 1938-D, and 1969-D represent key dates worth substantial premiums. Jefferson nickels continue in production today with various commemorative designs introduced in 2004-2005 and beyond.
Summary: What Nickels Are Worth Money
Discovering what nickels are worth money requires knowledge of dates, mint marks, varieties, and condition across four distinct nickel series spanning nearly 160 years. From Shield nickels of the 1860s through modern Jefferson varieties, hundreds of nickels command values from hundreds to millions of dollars. The most valuable nickels share common traits: extreme rarity through low mintages, dramatic minting errors, exceptional preservation, or unique historical circumstances. Understanding what nickels are worth money transforms casual coin handling into potential treasure hunting—whether examining inheritance collections, searching rolls from banks, or reviewing pocket change. The key to identifying what nickels are worth money lies in careful examination of dates and mint marks, recognition of error varieties, and appreciation for condition. This guide to the 100 most valuable nickels provides collectors with essential knowledge to recognize potentially valuable specimens and make informed decisions about authentication, grading, and selling strategies for these historically significant and financially rewarding American coins.