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

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Decades of suffer from numismatic experts informed the research for this list. The images and explanations space a great way come learn an ext about modern coin collecting!

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

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

1942 evidence Jefferson nickel. Image: PCGS

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

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

The "S end D" variety of the 1954-S is one more example of a mintmark error. You will commonly find the bottom of a "D" jutting the end from listed below the "S."

Image: USA CoinBook

Back then, branch mints would just stamp end an currently mintmark ~ above a die when necessary. Circumstances such as a tight manufacturing schedule or a worn-out die could have forced a mint to perform so.

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

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

The cheater reverse style used because that these proof coins was presented in the center of 1939. That was unmodified until 2004.

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

This is an instance of one overpunched mintmark. As the rest of this list will reveal, it"s not a particularly uncommon type of error.

Image: USA CoinBook

In the photograph above, you deserve to see the pass out shadow of one "S" behind the outline of the "D" mintmark. That is uncovered on the ideal side the the reverse.

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

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

Despite being a proof coin, which normally exhibit greater quality strikes, these 1940 Jefferson nickel proofs show softer details as result of using worn-out dies.

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

Like the spooky "Doubled Eye" nickel, this is an additional doubled dice error. It shows up on the reverse design. (It"s likewise the critical year silver nickels to be produced.)

Image: USA CoinBook

The most well known doubled die selection 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 modern-day coin ~ above the list attributes what looks favor a spear running with the bison"s earlier due come a dice gouge.

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

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

Doubling errors are commonly some of the many well-known and also easy to notice visually.

Image: USA CoinBook

Yet together the image above shows, it"s not specifically recognizable error with the naked eye.

The 1943-P is additionally a silver war nickel, including to its appeal.

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

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

Image: USA CoinBook

Numismatic insiders often evaluate an error coin"s rarity through researching two areas:

How many existing coins through the error are known so far?How plenty of coins were struck by the die that had the error?

Accurate data for these two concerns is not always forthcoming. A the majority of sleuthing may be required! values are based upon the best possible estimates.

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

Image: USA CoinBook

Here is another range of the 1943-P 35% silver nickel. The "3 over 2" or "3/2" range is an instance of what is often dubbed an overdate error.

Usually, that was much easier for the mint to replace one number of the day rather than use a whole new die. However, in this case, the entire day (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 produced in san Francisco in 1971.

However, part 1,655 proofs were mistakenly struck there is no the "S" mintmark. This is a tricky "error by omission." to date, only a few hundred of these "No S" 1971 Jefferson nickel proof coins have been graded by NGC and PCGS combined.

Such errors have actually cropped increase on various other denominations, together well. One prominent instance is the 1922-D "No D" penny that"s lacking its to plan mintmark.

4. 1946-D (D end 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" the was at first struck backwards!

In this case, the "D" mint mark was struck upside down before being win over with a D in the exactly position. You deserve to see the curve of the reverse D come the left of the vertical component 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 shows up on the reverse architecture of all Jefferson nickels, through the exception of the Westward journey subset (2004–2006).

The doubling effect is ~ above the word "MONTICELLO" and other inscriptions (shown above), not on the structure itself.

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

Image: USA CoinBook

The strange horizontal alignment that the "D" (above) is difficult to miss once you see it!

The truth that mintmarks were still hand-punched onto working dies for lot of the 20th century make this type of error possible.

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

"1989 was the critical year that the hand-punched mint-marks on united state coins."

This coin is by far the most desirable Jefferson nickel variety. It"s approximated that around 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 far-ranging premium, through prices as much as $10,000.

1. 1964 SMS: $8,750 in MS65

Available only in 1964 special Mint Sets, that is believed that less than 40 examples of this sharply struck matte proof exist. Its presence was unknown till a 1993 Stack"s auction. The 1964 SMS remains among the rarest Jefferson nickels.

1964 SMS Jefferson nickel. Image: PCGS

The extraordinary spicy strike top top this matte proof 1964 SMS Jefferson nickel is even more impressive than usual proof coins. The was component of a prototype unique Mint set that was never released.

Honorable Mentions

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

Image: USA CoinBook

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

The finish gives the coin a beautiful matte appearance that is the an outcome of sandblasting. Small sand particles impart a "frosty" look to the surface.

Most evidence coins and also special mint specimens native the U.S. Mint were created with a comparable style of matte finish prior to the mid-20th century.

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

Image: USA CoinBook

This is the second—and single other—frosted matte issued in the series. That is regularly seen in MS69 and also even MS70 grades. You"ll notification it has a considerably greater value 보다 the 1994 version.

That"s since the 1997 concern had a limited mintage of only 25,000. Compare the to 167,703 produced for that predecessor.

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

Image: USA CoinBook

The proof variation of the 1942-P Jefferson nickel is unique from the other at an early stage proof coins.

During WWII, nickels were briefly struck indigenous an alloy the 35% silver. Other metals had to it is in rationed as part of the battle mobilization.

These silver- "war nickels" are identified by the location of the mintmark over Monticello on the reverse design. Non-silver nickels placed the mintmark come the ideal of the building.

The usual mintmark location was readjusted beginning in 1968, relocating it to the pickled in salt of the obverse design.

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

Each of these coins were pre-war proofs. They were made through the mint prior to the U.S. Getting affiliated in civilization War II.

At auction, they often tend to garner similar prices.

As proofs, just tens of thousands were produced rather than 10s of millions. This loved one scarcity supports the higher price.

1939-D: $125 in MS65

By comparison to the critical entry, the 1939-D nickel is a consistent circulation issue.

So why is the so valuable? It has the lowest mintage (3,514,000) of any type of standard-issue within the Jefferson nickel series. Girlfriend can think about it a "key date" for 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 integrate these three coins through the 1941 and also 1942 concerns to do a complete set of pre-war proofs.

Collecting Jefferson Nickels

There room abundant methods for collecting Jefferson nickels.

Most of the high price on this list relate to rarely error coins. Beside from this rarities, the Jefferson nickel series is very affordable and also accessible.

You can even kickstart her collection simply by merely sifting v pocket change! It"s among the nice advantages of collecting a contemporary circulating series.

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Image: USA CoinBook

Nickel collectors can also dive right into the recent Westward trip circulating commemorative series. Released from 2004 with 2006, these coins (above) featured the an initial new design on the five-cent coin due to the fact that the Jefferson theme debuted in 1938.