The art of coin roll hunting can be very entertaining and rewarding, especially when you hunt for rare and valuable nickels. Whether a beginner or seasoned collector, knowledge of what to look for in nickel rolls increases your chances of finding hidden treasures. Here’s a guide on how to make the most of your hunt.
Types of Nickels
When searching through rolls of nickels, it’s important to recognize the different types of nickels in circulation.
- Jefferson Nickels (1938–Present): The most common nickels. Focus on rare dates and mintmarks.
- Buffalo Nickels (1913–1938): Older and highly collectible. Dates and conditions significantly impact their value.
- V-Nickels (1883–1912): Rarely found in circulation but worth checking for. These vintage coins are sought after by collectors.
Key Dates and Varieties
Some nickels are worth more than others, but only in a few instances: look for
Type/Year | Details |
---|---|
1939-D and 1939-S | Jefferson nickels from these years are rare and valuable. |
1950-D Jefferson Nickel | A low-mintage coin highly prized by collectors. |
1942–1945 Silver Nickels | Made with 35% silver during WWII. Recognizable by a large mintmark above Monticello. |
More Valuable Coins
- 1943-P and 1944-P Silver Nickels
- In the wartime series, these two coins are part of the collection and can be valuable.
- 2009 Jefferson Nickel
- Low mintage makes this relatively scarce in circulation.
Mint Marks and Condition
Nickel mint marks:
- P for Philadelphia
- D for Denver
- S for San Francisco
Condition
The condition of the coin determines the value. Observe under magnification for:
- Wear and Tear: A coin with very little wear has a higher value.
- Scratches or Flaws: Stay away from very badly damaged coins, unless it’s a rare error.
- Details: The clarity of the features on Monticello’s steps or lettering
Errors and Varieties
Errors at the minting process and unique varieties greatly boost the value of a nickel. Look for:
Error Type | Description | Value Potential |
---|---|---|
Off-Center Strike | Coins struck off-center with incomplete designs. | $20–$200+ |
Doubled Die Varieties | Letters or numbers appear doubled due to die misalignment. | $50–$500 |
Die Cracks | Cracks on the coin caused by a damaged die. | Varies by size and location |
Silver Nickels (1942–1945)
Made from a special alloy in WWII that included:
- 56% copper, 35% silver, and 9% manganese
These coins can be distinguished easily by their
- Shiny appearance: This sets them apart from ordinary nickels
- Large mintmark: It appears above Monticello on the reverse
Value:
- Silver nickels are more valuable than face value. Generally, $1–$3 each depending upon the price of silver and the condition
Specialty Rolls
Searching through specific rolls increases the chances of finding rare coins.
- Older Rolls: Rolls with pre-1960 nickels are more likely to have Buffalo or early Jefferson nickels.
- Regional Rolls: Coins from specific mints or regions may yield unique finds.
Tips for Successful Hunting
- Use Proper Tools: Equip yourself with a magnifying glass and a coin reference guide.
- Be Patient: Finding valuable coins requires time and persistence.
- Keep Track of Finds: Maintain a log of rare dates, errors, or unique pieces you discover.
While sometimes tedious, going through nickel rolls can be exciting and rewarding once you know what to look for. Rare dates and minting errors, among other treasures, are hidden there, including wartime silver nickels. With a little knowledge, some patience, and the right tools, you could find a real gem in your next roll of nickels.
FAQs:
What are key dates to look for in nickel rolls?
1939-D, 1939-S, 1950-D, and 1942–1945 silver nickels are key dates.
How can I identify a silver nickel?
Silver nickels have a large mintmark above Monticello and a shiny appearance.