Below is a perform of the most valuable Jefferson nickels, presented in ascending order. Prices have been updated to reflect the current market.

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Decades of suffer from numismatic specialists informed the research for this list. The images and explanations space a great way to learn much more about modern-day coin collecting!

All values are for coins grading Mint State 65 (MS65). Higher grade examples and also those with the complete Steps designation will exceed these prices.

15. 1942-P proof (silver): $136 in MS65

1942 proof Jefferson nickel. Image: PCGS

The 35% silver- "War Nickel" proof issued in 1942 is worth double as lot as that is non-silver equivalent from the same year.

14. 1954-S (S end D): $150 in MS65

The "S over D" range of the 1954-S is one more example the a mintmark error. Girlfriend will frequently find the bottom of a "D" jutting the end from listed below the "S."

Image: USA CoinBook

Back then, branch mints would simply stamp over an existing mintmark top top a die once necessary. Circumstances such together a tight production schedule or a worn-out die could have compelled a mint to perform so.

13. 1939-P evidence (Reverse that 1940): $168 in MS65

1939 (Reverse that 1940) Jefferson nickel. Image: PCGS

The trickster reverse design used because that these proof coins was introduced in the center of 1939. That was the same until 2004.

12. 1955-D (D end S): $228 in MS65

This is an instance of one overpunched mintmark. Together the remainder of this list will reveal, it"s not a an especially uncommon kind of error.

Image: USA CoinBook

In the photo above, you deserve to see the faint shadow of an "S" behind the rundown of the "D" mintmark. It is uncovered on the best side that the reverse.

11. 1940-P proof (Reverse the 1938): $254 in MS65

Because it to be struck using the old reverse die of 1938, the proof 1940 Jefferson nickel shows less information than later issues.

Despite being a proof coin, which usually exhibit greater quality strikes, these 1940 Jefferson nickel proofs display softer details because of using worn-out dies.

10. 1945-P (DDR): $286 in MS65

Like the spooky "Doubled Eye" nickel, this is one more doubled dice error. It appears on the reverse design. (It"s also the critical year silver nickels to be produced.)

Image: USA CoinBook

The most well known doubled die range on a U.S. Coin is the 1955 Lincoln cent.

9. 2005-D ("Speared Bison"): $325 in MS65

2005 "Speared Buffalo" Jefferson nickel. Image: PCGS

The most contemporary coin on the list features what looks favor a spear running with the bison"s ago due come a die gouge.

This one-year issue was component of the brand-new set of "Westward Journey" designs minted from 2004 come 2006.

8. 1943-P (Doubled Eye): $358 in MS65

Doubling errors are commonly some the the most well-known and also easy to notification visually.

Image: USA CoinBook

Yet as the image over shows, it"s not an especially recognizable error with the naked eye.

The 1943-P is additionally a silver battle nickel, including to the appeal.

7. 1949-D (D over S): $481 in MS65

Like its 1942 counterpart, this coin features an additional overpunched mintmark.

Image: USA CoinBook

Numismatic insiders frequently evaluate an error coin"s rarity through researching 2 areas:

How countless existing coins through the error are known so far?How plenty of coins were struck by the dice that had actually the error?

Accurate data because that these two inquiries is not constantly forthcoming. A most sleuthing might be required! values are based on the best feasible estimates.

6. 1943-P (3 over 2, "Fishhook"): $585 in MS65

Image: USA CoinBook

Here is another variety of the 1943-P 35% silver nickel. The "3 end 2" or "3/2" range is an example of what is often called an overdate error.

Usually, the was simpler for the mint to change one digit of the day rather than use a whole brand-new die. However, in this case, the entire date (all 4 digits) has been stamped end the ahead year.

5. 1971-S (No S): $780 in PR65

Image: USA CoinBook

Proof Jefferson nickels were only minted in san Francisco in 1971.

However, part 1,655 proofs were erroneously struck without the "S" mintmark. This is a tricky "error by omission." come date, only a few hundred of this "No S" 1971 Jefferson nickel evidence coins have actually been graded through NGC and also PCGS combined.

Such errors have cropped increase on other denominations, as well. One prominent instance is the 1922-D "No D" penny that"s absent its intended mintmark.

4. 1946-D (D over Inverted D): $1,350 in MS65

1946-D (D over Inverted D) Jefferson nickel. Image: PCGS

Interestingly, this repunched mintmark coin mirrors an upside-down "D" that was at first struck backwards!

In this case, the "D" mint note was win upside down prior to being struck over through a D in the exactly position. You deserve to see the curve that the turning back D to the left of the vertical part of the regular D.

3. 1939-P (Double Monticello): $1,500 in MS65

Image: USA CoinBook

Monticello is the iconic estate designed by cutting board Jefferson. It appears on the reverse architecture of every Jefferson nickels, v the exemption of the Westward trip subset (2004–2006).

The doubling impact is ~ above the word "MONTICELLO" and other engravings (shown above), not on the building itself.

2. 1942-D (D end Horizontal D): $4,620 in MS65

Image: USA CoinBook

The strange horizontal alignment of the "D" (above) is complicated to miss once you watch it!

The truth that mintmarks were still hand-punched onto functioning dies for much of the 20th century made this form of error possible.

On the well-known Numista forum, the user edduns clues out:

"1989 to be the last year the the hand-punched mint-marks on us coins."

This coin is by far the most desirable Jefferson nickel variety. It"s estimated that about 20,000 examples exist.

The "Full Steps" designation is given to sharp, well-struck 1942-D (D/D) coins. This little subset (perhaps 500 examples) sells for a significant premium, through prices approximately $10,000.

1. 1964 SMS: $8,750 in MS65

Available just in 1964 distinct Mint Sets, the is believed that much less than 40 instances of this sharply struck matte proof exist. Its visibility was unknown until a 1993 Stack"s auction. The 1964 SMS remains one of the rarest Jefferson nickels.

1964 SMS Jefferson nickel. Image: PCGS

The extraordinary sharp strike ~ above this matte proof 1964 SMS Jefferson nickel is even more impressive than common proof coins. That was part of a prototype special Mint set that was never ever released.

Honorable Mentions

1994-P (Special Frosted Matte Uncirculated): $30 in MS65

Image: USA CoinBook

This was the very first frosted matte complete coin approve in the Jefferson series.

The end up gives the coin a beautiful matte appearance that is the result of sandblasting. Tiny sand particles impart a "frosty" look to the surface.

Most proof coins and also special mint specimens from the U.S. Mint were produced with a similar style the matte finish before the mid-20th century.

1997-P (Special Frosted Matte Uncirculated): $65 in MS70

Image: USA CoinBook

This is the second—and sole other—frosted matte authorize in the series. It is regularly seen in MS69 and even MS70 grades. You"ll notification it has actually a considerably greater value than the 1994 version.

That"s due to the fact that the 1997 problem had a minimal mintage of just 25,000. Compare the to 167,703 minted for that is predecessor.

1942-P (35% silver): $70 in PR65

Image: USA CoinBook

The proof version of the 1942-P Jefferson nickel is unique from the other early on proof coins.

During WWII, nickels were briefly struck indigenous an alloy the 35% silver. Various other metals had actually to be rationed as part of the battle mobilization.

These silver- "war nickels" are distinguished by the placement of the mintmark over Monticello top top the turning back design. Non-silver nickels put the mintmark to the appropriate of the building.

The normal mintmark ar was changed beginning in 1968, relocating it come the in salt of the obverse design.

1941-P, 1942-P (each): $100 in PR65

Each of these coins to be pre-war proofs. They to be made by the mint before the U.S. Getting associated in civilization War II.

At auction, they have tendency to garner comparable prices.

As proofs, just tens the thousands were minted rather than tens of millions. This relative scarcity supports the higher price.

1939-D: $125 in MS65

By comparison to the last entry, the 1939-D nickel is a regular circulation issue.

So why is the so valuable? It has actually the shortest mintage (3,514,000) of any kind of standard-issue in ~ the Jefferson nickel series. You can think about it a "key date" because that collectors.

1938-P, 1939-P, 1940-P (each): $130 in PR65

This group contains the faster proofs in the series. The observation earlier about a much reduced original mintage applies.

You can incorporate these 3 coins v the 1941 and also 1942 worries to make a complete collection of pre-war proofs.

Collecting Jefferson Nickels

There room abundant opportunities for collecting Jefferson nickels.

Most that the high prices on this perform relate to rare error coins. Next from this rarities, the Jefferson nickel series is really affordable and also accessible.

You can also kickstart your collection merely by merely sifting v pocket change! It"s among the nice advantages of collecting a modern circulating series.

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Image: USA CoinBook

Nickel collectors can additionally dive right into the current Westward trip circulating commemorative series. Released from 2004 with 2006, these coins (above) featured the very first new draft on the five-cent coin because the Jefferson design template debuted in 1938.