Nickels worth money in your change! 1964 D nickels worth money!

BBCOINSINC formerly JBCOINSINC
20 Jun 202113:49
EducationalLearning
32 Likes 10 Comments

TLDRThis video from JB Coins Inc explores the treasure hunt of finding valuable nickels in everyday change, with a focus on the Jefferson nickel. The Jefferson nickel, in circulation since 1938, holds potential for finding rare dates or mint errors, especially the 1964 D nickel. This coin, due to its vast mintage, harbors various valuable varieties and errors, including the sought-after RPM (Re-punched Mintmark) and the rare 'E PLURIDUS UNUM' misspelling. The video emphasizes the possibility of discovering these treasures in ordinary circulation, encouraging viewers to closely examine their coins. It also highlights the significance of certain errors, like coins struck on the wrong planchet, and shares insights on the value of nickels with full steps details. The video aims to inspire both new and seasoned collectors to delve into the world of nickel collection, showcasing the potential financial rewards of this engaging hobby.

Takeaways
  • 🔍 The Jefferson nickel offers the best chance of finding a scarce date or valuable error in circulation.
  • 🏆 The 1964 D nickel is notable for its high mintage and potential to find in high grades, with full steps being particularly valuable.
  • 🏅 The 1964 D nickel holds the record for the highest mintage of any nickel, with over 1.7 billion struck by the Denver Mint.
  • 💰 A 1964 D nickel in mint state 66 with full steps can be worth an average of $350, with the highest auction sale reaching $1,100.
  • 🌟 The RPM (Die Overdate) variety of the 1964 D nickel is highly sought after, with the FS 501 designation being the most valuable.
  • 🤑 A common error on the 1964 D nickel is the misspelling of 'e pluribus unum' as 'e pluridus unum' due to die polishing.
  • 🧐 Collectors should pay close attention to details when examining coins, as even small errors can add value.
  • 📈 The 1964 D nickel struck on a blank dime planchet is a valuable error, selling for $805 at auction.
  • 💸 The 1964 D nickel struck on a cent planchet is another valuable error, selling for $632.50 despite its lower grade.
  • 📚 Keeping a lookout for 1964 D nickels and understanding their varieties and errors can lead to significant finds in everyday change.
  • 👀 For serious collectors, weighing coins is a crucial step in identifying planchet errors and ensuring authenticity.
Q & A

  • What is the main topic of the video?

    -The main topic of the video is about valuable nickels that one can potentially find in their change.

  • Which nickel has the greatest chance of finding a scarcer date?

    -The Jefferson nickel has the greatest chance of finding a scarcer date.

  • Who was the designer of the United States 5 cent coin used from 1938 to 2004?

    -Felix Oscar Schlag was the designer of the United States 5 cent coin used from 1938 to 2004.

  • What is special about the 1964 Denver mint Jefferson nickel?

    -The 1964 Denver mint Jefferson nickel has the highest mintage of any nickel ever struck by the US mint and is one of the toughest dates in the series to find in high grades.

  • What is the significance of the full step designation on a nickel?

    -The full step designation indicates that the nickel has at least five separated steps or lines at the base of Monticello, which brings extra value to the coin.

  • What is the average value of a regular, non-error 1964 D nickel in mint state 66 with full steps?

    -The average value of a regular, non-error 1964 D nickel in mint state 66 with full steps is about three hundred and fifty dollars.

  • What is the RPM variety on the 1964 D nickels?

    -The RPM variety on the 1964 D nickels is a well-known variety where the D mint mark appears to be overlaid on the existing D, making it more valuable.

  • What error on the 1964 D Jefferson nickel is caused by heavy polishing of the dies?

    -The error caused by heavy polishing of the dies on the 1964 D Jefferson nickel is the misspelling of 'e pluribus unum' as 'e pluridus unum', with a 'd' instead of a 'b'.

  • What type of error can be found on the 1964 D nickel that would require weighing the coin?

    -A struck on a wrong planchet error can be found on the 1964 D nickel, which requires weighing the coin to identify, as it would weigh 2.5 grams instead of the standard 5 grams for a nickel.

  • How can one increase their chances of finding valuable nickels in their change?

    -To increase chances of finding valuable nickels, one should pay close attention to the dates, mint marks, and any potential errors or varieties on the coins, and consider using a magnifying glass for better inspection.

  • What is the motto 'e pluribus unum' and why is it significant on US coins?

    -The motto 'e pluribus unum' is a Latin phrase meaning 'out of many, one', signifying the formation of one nation from many states, and it is significant on US coins as it represents the unity of the country.

Outlines
00:00
🔍 Valuable Nickels in Your Change

This paragraph discusses the potential of finding valuable nickels in everyday change. It highlights the Jefferson nickel as having the greatest chance of containing scarce dates or mint errors. The script mentions the design history of the nickel, starting from 1938 and the significance of the silver war nickels. It emphasizes that while other US coins have undergone design changes, the Jefferson nickel offers a legitimate chance of discovering valuable errors or rare dates in circulation.

05:00
🏆 The 1964 D Nickel: A Numismatic Gem

The paragraph focuses on the 1964 D mint Jefferson nickel, which is notable for its high mintage but also for being difficult to find in high grades. It mentions that only about 35 examples have been graded MS-66 by PCGS, with even fewer known in MS-66 with full steps. The paragraph also discusses the value of a regular non-error 1964 D nickel in MS-66 with full steps, averaging around $350, and the potential to find such coins in change or rolls. Additionally, it introduces the RPM variety of the 1964 D nickel, which is valuable and recognizable with close inspection.

10:02
🤑 Newly Discovered Errors and Their Value

This section delves into a newly discovered variety of the 1964 D Jefferson nickel with a misspelled motto 'e pluridus unum' due to a die polishing error. It explains that this error, while not extremely rare, commands a modest premium. The paragraph also discusses other common errors found on the 1964 D nickel, such as die chips and off-center strikes, and highlights the importance of closely examining coins. It then presents examples of valuable errors, like the nickel struck on a blank dime planchet and one struck on a cent planchet, both of which have fetched significant prices at auction.

Mindmap
Keywords
💡Valuable Nickels
Valuable nickels refer to specific coins that have a higher worth than their face value due to factors such as rarity, historical significance, or minting errors. In the context of the video, the focus is on identifying such nickels within everyday change, highlighting that valuable coins can be found unexpectedly.
💡Jefferson Nickel
The Jefferson Nickel is a U.S. five-cent coin that has featured the portrait of President Thomas Jefferson since 1938. It is the subject of the video, with an emphasis on particular years and varieties that may be more valuable to collectors and investors.
💡Scarce Dates
Scarce dates refer to years on coins that are rarer or less frequently found in circulation due to lower minting numbers or higher demand among collectors. These dates can make a coin more valuable and sought after.
💡Mint Error
A mint error is a defect or variation that occurs during the coin's production process at the mint. These errors can range from minor to significant and often increase a coin's value to collectors.
💡Mint Mark
A mint mark is a small letter or symbol on a coin that indicates the facility where the coin was produced. In the U.S., for example, 'D' stands for the Denver Mint. Mint marks can affect a coin's value, especially if they are missing or placed incorrectly due to errors.
💡Full Steps
Full steps refer to the distinct separation of the steps or lines at the base of Monticello on the Jefferson Nickel. Coins with full steps are more desirable to collectors and can command higher prices.
💡RPM Variety
RPM variety stands for 'Repunched Mintmark' variety, which occurs when a mintmark is punched into the die more than once, resulting in a doubled or off-center mintmark. This type of minting error can make a coin more valuable.
💡Business Strike
A business strike refers to coins produced for general circulation. These are not proof coins, which are specially made for collectors and have a higher quality finish. Business strike coins are the standard coins that one would find in everyday transactions.
💡Coin Grading
Coin grading is the process of assessing a coin's condition based on its wear, preservation, and overall appearance. The grading scale ranges from poor to mint state, with higher grades indicating better condition and often higher value.
💡Collectors and Investment
Collectors and investors are individuals who seek out and purchase coins not only for their metal value but also for their historical significance, rarity, or potential to increase in value over time. The video targets this audience by discussing valuable nickels that can be found in circulation.
💡Heritage Auctions
Heritage Auctions is a company that conducts auctions for a variety of collectibles, including coins. It is a platform where rare and valuable coins are sold, often at high prices, to collectors and investors.
Highlights

Valuable nickels can be found in your change, with the Jefferson nickel having the greatest chance of a scarcer date.

The Jefferson nickel series has remained essentially the same design and composition since 1938, with the exception of silver war nickels.

Felix Oscar Schlag, a German-born American sculptor, designed the U.S. 5-cent coin used from 1938 to 2004.

The 1964 Denver mint Jefferson nickel has the highest mintage but is also tough to find in high grades.

PCGS has only graded about 35 examples of the 1964 D nickel in mint state 66, with full steps considered even rarer.

A regular, non-error 1964 D nickel in mint state 66, full steps is worth on average $350, with the highest grade known being MS67.

The RPM or D over D variety of the 1964 D nickel is highly valuable, with the FS 501 designation being the most valuable.

The 1964 D Jefferson nickel with the motto 'e pluridus unum' is a notable error due to heavy polishing of the dies.

Many common errors exist on the 1964 D Jefferson nickel, but the most valuable ones are struck on a wrong planchet.

A 1964 D nickel struck on a blank dime planchet sold at auction for $805.

A 1964 D nickel struck on a cent planchet, graded MS-63, sold for $632.50.

The 1964 D Jefferson nickel is a coin to add to your lookup list due to its potential value found in change.

The importance of paying close attention to the coins in your change is underscored by the variety and errors found on the 1964 D Jefferson nickel.

A magnifying glass may be necessary to spot the 'e pluridus unum' error on the 1964 D Jefferson nickel.

The 1964 D Jefferson nickel series offers a range of valuable varieties and errors, making it a prime target for collectors.

The 1964 D mint Jefferson nickel is the first to bear a mint mark before all mint marks disappeared for three years.

Coins dated 1964 were also struck in the early part of 1965, marking the first year the U.S. mint struck over a billion nickels.

Transcripts

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Coin CollectingValuable NickelsJefferson NickelError CoinsMint MarksNumismaticsCoin GradingRare Coins1964 D NickelCoin Hunting