IT IS possible that you could find thousands worth of coins around your home or anywhere you keep loose change.
The value of your coins may depend on a number of factors including minting, grade and condition, and flaws.
When it comes to Jefferson coins, given the high amount minted each year, it could get really difficult to find anything of value.
For example, the 1950-D (Denver) Nickel has the lowest production in the series with more than 2.6 million pieces issued.
In comparison, the lowest in the Lincoln penny series is the 1909 (San Francisco) VDB-S coin, with only 484,000 pieces minted.
But there is one Jefferson nickel to look for, which numismatics expert Justin Couch says could be worth thousands.
Here’s what he had to say about it in a recent TikTok video, and how you can spot it for yourself.
What is the coin and how do you recognize it?
This is for a Jefferson nickel dated 1975.
In 1975, two Jefferson nickels were issued for circulation, denominated as follows:
- 1975 (no mint mark)
- 1975-D (Denver)
But there was a 1975-D variant that, as Justin noted, was built incorrectly.
“The mint mark is up five,” was all he said.
“This is a misplacement,” he added
Instead, it should be lower and closer to the edge of the coin.
The date is located at the bottom right of the front to the right of the text ‘Liberty’.
According to Jason, a 1975 D piece with this error sold for $1,000 that was circulated.
Circulation coins were minted by the Mint for the purpose of daily transaction and released into general circulation – meaning they are easier to find compared to uncirculated pieces.
Another in grade XF40 was sold for $750 at auction in February 2019, according to the Professional Coin Grading Service.
Other valuable Jefferson nickel
Chances are if you have a valuable Jefferson nickel it will have a fault.
For example, a nickel dated 2016, described by the seller as a “strikethrough error,” sold online for $123.
Another valuable one is known as the Henning Jefferson Nickel, one of which recently sold online for $425.
It has a tear in the lower part of the letter “R” in the word “PLURIBUS” found at the top of the back.
Although these are fake, coin collectors value them today for their iconic history.
And a Jefferson error piece with an embedded copper error on the back sold for more than $300.
It was dated 1975 with no mint mark.
To see if your spare change is worth something, you can search eBay for the full name, select the listing “sold” and then toggle the search to “highest value”.
This gives you an idea of how much the coin might be worth, as your quarters, half dollars, dimes, and Lincoln pennies might also be valuable.
For more related news, a coin expert found a $1,000 penny by doing one of three things.
I’m a coin expert – the exact date and element you need to look for to find a $1,000 Jefferson nickel