Most people think of nickels as just spare change—but some of these five-cent coins are worth millions. A handful of rare and historical nickels have become legends in the world of coin collecting, commanding staggering prices at auctions. And the best part? Some of them are still turning up in old collections, drawers, and bank rolls.
Let’s look into the five most valuable nickels ever minted and observe what makes them true treasures.
Table of Contents
Liberty
The 1913 Liberty Head nickel is hands-down the king of valuable nickels. It’s not just rare—it’s mysterious. Only five known examples exist, and the U.S. Mint never officially authorized their creation.
They were likely made unofficially by a Mint employee, Samuel Brown, who later mysteriously announced their existence. Today, three are in private hands and two are in museums.
Auction prices? Outrageous:
- Eliasberg specimen: $4.56 million (2018)
- Olsen specimen: $3.7 million (2014)
Experts believe if one came up for sale today, it could easily top $5 million.
What makes it special? It’s a coin that shouldn’t exist. Its fame has even reached pop culture—remember the “Hawaii Five-O” episode featuring it?
Overdate
The 1918/7-D Buffalo nickel is a minting mistake that turned into a collector’s jackpot.
During WWI, the Mint accidentally struck 1918 nickels over 1917 dies. The result? An overdate—where part of the “7” is still visible under the “8.”
This wartime error is extremely rare—fewer than 100 known in all conditions. Prices range from $25,000 for worn examples to $500,000+ for high grades. One top-quality example fetched $350,750 back in 2006.
It’s tricky to authenticate, especially in worn condition, but collectors love it for the history and the error’s clear visibility.
Legs
Here’s a visual oddity you can’t miss: the 1937-D Three-Legged Buffalo nickel. Thanks to over-polishing at the Denver Mint, the buffalo appears to be missing its front leg.
This eye-catching error was spotted soon after release, but not before thousands slipped into circulation. Around 1,000–2,000 exist today.
Prices vary based on condition:
| Condition | Value Range |
|---|---|
| Good–Very Good | $500–$1,000 |
| Fine–Very Fine | $1,000–$2,500 |
| XF–AU | $3,000–$10,000 |
| Uncirculated (MS) | $25,000–$100,000+ |
The most pristine sold for $161,000 in 2017. This nickel’s dramatic appearance makes it a crowd favorite.
Shield
The 1880 Shield nickel flies under the radar but is one of the rarest due to its tiny mintage—just 16,000 for circulation.
This wasn’t a mistake or error—just low demand. Most coins went into circulation and were worn down. Few survived in good shape.
Today, even worn examples go for $2,000+. A gem in mint state MS-66+ sold for $108,000 in 2019.
This coin is a pure rarity—no gimmick, no error—just scarcity.
| Grade | Estimated Value |
|---|---|
| G–VG | $2,000–$3,000 |
| F–VF | $3,500–$6,000 |
| XF–AU | $6,500–$15,000 |
| MS (Uncirculated) | $20,000–$75,000+ |
It’s a true collector’s gem that proves sometimes the simplest coins carry the biggest secrets.
Jefferson
The 1950-D Jefferson nickel is a modern marvel. With just 2.6 million minted, it’s the lowest of the Jefferson series.
The kicker? Collectors and dealers knew it was rare when it came out and hoarded it straight from banks.
This means many exist in uncirculated condition, but Full Steps examples (sharp detail on Monticello) are the real prizes.
- Circulated: $15–$30
- Uncirculated: $50–$150
- Gem MS-65: $150–$250
- MS-66+ Full Steps: $500–$5,000+
- Best known: $15,275 (2018)
It’s a rare coin that’s still accessible—a favorite for beginner collectors.
Hunting
Want to try your luck finding one? Here’s where people still score big:
- Inherited collections: Family coin jars may hide rare pieces.
- Bank roll hunting: Buy $2 rolls and search—people still find gems.
- Estate sales & flea markets: Sellers often miss rarities.
In 2019, a man found a 1937-D Three-Legged Buffalo in an inherited collection and sold it for $3,700.
Authentication
Here’s the deal: fakes are everywhere. The value gap between common and rare nickels is massive, and scammers know it.
That’s why you need certification from pros like:
- PCGS
- NGC
- ANACS
- ICG
They use microscopes, X-rays, and more to spot fakes and grade coins accurately. Certified coins also fetch higher prices.
Legacy
Each of these nickels tells a story—of war, mistakes, economic change, and even shady Mint employees. Their value goes beyond price tags—they connect us to America’s history through metal, design, and chance.
So next time you get a nickel in change, flip it over and take a closer look. Who knows? You might just be holding a small fortune.
FAQs
What is the rarest U.S. nickel?
The 1913 Liberty Head nickel—only 5 are known to exist.
How much is a 1937-D Three-Legged Buffalo worth?
Between $500 and $150,000 depending on condition.
What does Full Steps mean on a Jefferson nickel?
It refers to visible lines on Monticello’s steps—adds value.
Are valuable nickels still in circulation?
Rarely, but some show up in rolls or old collections.
Should I get my rare nickel certified?
Yes, for authentication and higher resale value.
