While most nickels are just small change, a rare few can be worth millions. These extraordinary coins have fascinating stories that captivate collectors and historians alike. The five most valuable nickels combined hold a jaw-dropping value of around $250 million. Their incredible worth comes from their limited numbers and the unique circumstances behind their creation. Let’s dive into these rare finds and discover what makes them truly exceptional.
1913 Liberty Head Nickel: The Secret Coin
The 1913 Liberty Head Nickel is a true icon among coin collectors. Only five exist, and they were never meant to be produced. The U.S. Mint changed designs in 1913, moving to the Buffalo Nickel, but a few Liberty Heads were secretly struck—likely by Mint employee Samuel Brown.
Today, two are displayed in museums and three are privately owned, graded between PR55 and PR66. The finest, known as the Eliasberg specimen, sold for $4.56 million in 2018 and is now valued at about $6.25 million. All five could fetch $20–$30 million, making them prized possessions for any collector.
1918/7-D Buffalo Nickel: The Wartime Mistake
This rare Buffalo Nickel stands out because of a striking overdate error. During World War I, the Denver Mint reused a die from 1917 in 1918, causing an “8” to be stamped over a “7.” You can clearly see both numbers, making it a standout coin.
Only around 100 are thought to exist today, and because the date area wears down easily, well-preserved ones are hard to come by. An MS-65 grade sold for $350,750 back in 2006, and now it could be worth as much as $500,000. Its rarity and connection to wartime minting boost its value and allure.
1926-S Buffalo Nickel: The Rare Low-Minter
The 1926-S Buffalo Nickel is cherished for its extremely low mintage. Only 970,000 were made at the San Francisco Mint, and most were poorly struck. Because of this, finding one in excellent condition is a serious challenge for collectors.
One top-quality example sold for $322,000 in 2008, and today, the highest-graded versions could command even more. Its limited production and difficulty in locating well-preserved examples make it a valuable piece and a significant contributor to the $250 million value shared by these rare nickels.
1916 Double Die Buffalo Nickel: The Blurry Beauty
This Buffalo Nickel from 1916 became famous due to a fascinating minting error. The date and other details on the coin appear doubled, thanks to a misaligned die during production. This gives the coin a unique, blurry effect that makes it easily identifiable and desirable.
High-grade examples are exceptionally rare, with one MS-65 specimen selling for $281,750 at an auction in 2011. Today, these could easily fetch over $400,000. Its unusual appearance and scarcity make it a prized collectible among numismatists.
1937-D 3-Legged Buffalo Nickel: The Odd One Out
One of the quirkiest coins ever made, the 1937-D 3-Legged Buffalo Nickel gained fame because of a die polishing error. During minting in Denver, over-polishing removed part of the buffalo’s front leg, making it appear as though the animal has only three legs.
Many of these coins entered circulation, so finding one in top condition is rare. An MS-65 grade sold for $99,000 in 2016, and today’s finest could go for $150,000 or more. Its strange look and backstory make it a favorite among collectors and a fun piece of U.S. coin history.
Nickel Type Key Feature Estimated Top Value
- 1913 Liberty Head Secretly minted $6.25 million
- 1918/7-D Buffalo Overdate error $500,000
- 1926-S Buffalo Low mintage $400,000
- 1916 Double Die Buffalo Doubled design $400,000
- 1937-D 3-Legged Buffalo Three-legged buffalo $150,000
These amazing nickels are more than just currency—they’re pieces of American history with fascinating tales behind each one. Whether it’s secret production, minting mistakes, or ultra-low mintages, their value is driven by rarity and story. Keep an eye on your pocket change—one of these could be hiding in plain sight!
FAQs
Q1: How can I tell if I have a valuable nickel?
Check for rare dates, mint marks, and visible minting errors like overdates or missing details.
Q2: Where can I get my rare nickel appraised?
You can visit a certified coin dealer, attend coin shows, or use online grading services like PCGS or NGC.
Q3: Are Buffalo Nickels still in circulation?
No, Buffalo Nickels stopped circulating in the 1930s, but you might find one in old collections or coin rolls.
Q4: What makes the 1913 Liberty Nickel so valuable?
Its extreme rarity and mysterious origin make it one of the most desirable and expensive U.S. coins ever made.
