The 1964 Jefferson Nickel might seem like any other coin, but certain unique varieties and errors have made some of these nickels extremely valuable. Understanding these special features can help collectors identify a valuable coin that could be hiding in plain sight. Let’s explore the details that make specific 1964 Jefferson Nickels so collectible.
Key Features of the 1964 Jefferson Nickel
In 1964, the U.S. Mint produced over 2.8 billion Jefferson Nickels, split between the Philadelphia and Denver mints. Each coin weighs 5 grams and is made from 75% copper and 25% nickel. The front (or “obverse”) features a portrait of Thomas Jefferson, while the back (or “reverse”) shows his famous home, Monticello.
1964 Jefferson Nickels
| Variety | Description | Estimated Value Range |
|---|---|---|
| 1964-D Over D (D/D) | Repunched mintmark error | $50 – $1,000 |
| Proof with Full Steps | Proof coin with fully visible steps | $20 – $1,500 |
| Special Mint Set (SMS) | Rare SMS coin with satin finish | $8,000+ |
| Doubled Die Obverse | Doubling on obverse features | $50 – $1,000+ |
| Die Clash Error | Impressions from die clash | $5 – $50 |
Important Varieties and Errors to Look For
1. 1964-D Over D (D/D) Mintmark
- Description: This error occurred in some nickels minted in Denver, where the “D” mintmark was accidentally stamped twice, creating a visible doubling effect.
- Value: Depending on the coin’s condition, the 1964-D Over D nickels can range in value from $50 to $1,000.
2. 1964 Proof Nickels with Full Steps
- Description: Proof nickels have sharp details and a mirror-like surface, specifically made for collectors. “Full Steps” proof nickels display completely clear steps on Monticello.
- Value: These rare proof coins can fetch between $20 and $1,500, depending on their condition.
3. 1964 Special Mint Set (SMS) Nickels
- Description: Extremely rare, the 1964 SMS nickels are known for their satin-like finish and sharp details. Only a few of these exist, making them highly sought after.
- Value: An SMS nickel in excellent condition can be worth over $8,000.
4. 1964 Doubled Die Obverse
- Description: A doubled die error happens when certain features on the coin, like the date or text, appear doubled on the coin’s front side.
- Value: These can be valued from $50 to more than $1,000, based on the error’s visibility and the coin’s quality.
5. 1964 Die Clash Errors
- Description: Die clash errors occur when the coin dies strike each other without a coin blank in between, leaving marks from one die on the other side of the coin.
- Value: These errors can be worth between $5 and $50 depending on their visibility and the coin’s condition.
Conclusion
While the 1964 Jefferson Nickel is a common coin, specific varieties and errors can make some highly valuable. Coins like the 1964-D Over D or Full Steps proof nickels are rare and sought after by collectors. Checking for these unique characteristics can reveal hidden treasures that might be worth far more than their face value. For coin enthusiasts, finding one of these special 1964 nickels can be exciting and financially rewarding.
FAQ’s
How can I tell if I have a 1964 Special Mint Set (SMS) nickel?
SMS nickels have a unique satin finish and very sharp details. They are incredibly rare, so if your coin has these features, it might be an SMS nickel.
What does “Full Steps” mean on a 1964 Jefferson Nickel?
“Full Steps” means the steps on Monticello are fully visible and unbroken. This quality is rare and adds to the coin’s value.
Are all 1964 Jefferson Nickels valuable?
No, not all are valuable. Only certain types, like those with errors or in special sets, hold extra value.