Most Expensive Coins

10 Most Valuable Nickel Error Coins Worth Money

10 Most Valuable Nickel Error Coins Worth Money

If you are new or a novice to collecting antique coins, it may be very challenging to choose the most valuable nickels and coins depending on the current market in rare collectible coins.

There are different types of Most Valuable Nickel Error Coins Worth Money and their value can be high because of rarity, condition, or history.

A Brief History of Nickels

The history of the nickel traces back to the American Civil War in 1861 when widespread panic led to a shortage of coins, including precious metals like gold and silver. In 1866, President Andrew Johnson approved the coinage of five-cent pieces made of nickel and copper, leading to the creation of the Shield nickel adorned with a shield, a prominent “5,” and the words “In God We Trust.” This coin was produced until 1883. 

Subsequent designs emerged, including the Liberty Head nickel due to manufacturing issues with the Shield nickel. In 1913, the Buffalo nickel was introduced, followed by the first Jefferson nickel in 1938. 

The nickel underwent various design updates, with the most recent in 2006 changing President Jefferson’s image from a profile to a frontal portrait. Coin-operated machines like vending machines and jukeboxes further cemented the nickel’s importance in daily transactions.

Types of Nickels

Shield Nickel Series (1866–1883):

Liberty Head Series (1883–1912):

Buffalo Nickel Series (1913):

Jefferson Nickel Series (1938):

List Of 10 Most Valuable Nickel Error Coins Worth Money

1. Shield Nickel (1867)

In 1867 Shield Nickels, the rays were removed, but some still have them around the five. Around 10 of these exist, with one selling for $132,250 in 2004 through Heritage Auctions.

2. Liberty Head V Nickel (1913)

The Liberty Head V Nickel from 1913 was replaced by the Buffalo Nickel design that year. However, for unknown reasons, five nickels were minted with the old Liberty Head design. Out of these five rare coins, three are in private hands. In 2018, one of these sold through Stack’s Bowers Galleries for $4,560,000 ($5,262,000 value in 2023).

3. D Buffalo Nickel (1913) – Type 2

In 1913, the nickel changed from the Liberty Head V to the Buffalo design. Two types of Buffalo designs emerged. The first read Five Cents, while Type 2 models had this removed. One Type 2 Buffalo Nickel sold for $143,750 in 2008 through Bowers & Merena (now Stack’s Bowers Galleries).

4. Buffalo Nickel (1916) – Double-Dyed Obverse

The 1916 rare Buffalo nickels have double dye, especially noticeable on the date and Chief’s chin. Only 200 known exist, one of which sold for $281,750 in 2004 through Bowers & Merena (now Stack’s Bowers Galleries).

5.S Buffalo Nickel (1917)

The 1917 S Buffalo Nickel from the San Francisco Mint exhibits an unusual dye quality, contributing to its rarity. One of these nickels sold for $138,000 in 2008 through Heritage Auctions.

6. 7-D Buffalo Nickel (1918) – Doubled Die Obverse

The 1918/7-D Buffalo Nickel has a unique overdate, with seven appearing under the eight. This mistake wasn’t noticed until the 1930s. Genuine coins have a mintmark tilted to the left. In 2006, one sold for $350,750 through Bowers & Merena (now Stack’s Bowers Galleries).

7.S Buffalo Nickel (1918)

The 1918 S Buffalo Nickel is rare due to flaws, with most not well-struck. It was also produced in low quantity. One sold for $125,350 in 2008 through Bowers & Merena (now Stack’s Bowers Galleries).

8.D Buffalo Nickel (1920)

Of the 9.5 million Buffalo Nickels minted by the Denver Mint in 1920, only a few top-quality examples exist. One high-grade example sold for $138,000 in 2008 through Bowers & Merena (now Stack’s Bowers Galleries)

9. S Buffalo Nickel (1926)

The 1926 S Buffalo Nickel is rare because only 970,000 were minted by San Francisco, compared to millions from other mints in other years. In 2008, one sold for $322,000 through Bowers & Merena (now Stack’s Bowers Galleries).

10. S Buffalo Nickel (1927)

Most of the 1927 S Buffalo Nickels have striking flaws, making pristine examples rare. One sold for $48,875 in 2012 through Bowers & Merena (now Stack’s Bowers Galleries).

Some Key Factors in Determining the Value of Your Rare Coins

To determine the value of rare coins, collectors should check them closely using a magnifying glass. The main Key factors in determining the value of your rare coins are the coin’s condition and mintmarks. Here are some guidelines to help you evaluate the condition of coins:

These grades provide a general idea of a coin’s condition, but standards can vary by type and date.

Mintmarks and Rarity

Jefferson’s nickels with a “D” mintmark indicate they were minted in Denver. Mintmarks are crucial for identifying coins from different United States Mint facilities, greatly affecting their value. Coins without a mintmark were likely minted in Philadelphia. Here are common mintmarks:

Also Read – Top 10 Most Valuable Indian Head Pennies Coins Worth Money


Collectors are looking for a variety of expensive nickel error coins. These coins, which come from many series and years, are valuable because of their historical importance, rarity, and good condition. Knowing their value includes taking into account elements such as mintmarks, condition, and scarcity. Collecting collections of these rare nickels can provide collectors, whether how experts or novices with excitement and financial options.

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