The 1960s introduced several Jefferson nickels with unique errors that have captivated coin collectors and investors alike.
These anomalies, resulting from minting mistakes, can significantly increase a coin’s value. Below are the top five 1960s nickels with errors worth thousands.
1. 1960 No Mint Mark Nickel Struck on a 1-Cent Planchet
Error Description: A rare occurrence where a 1960 nickel was mistakenly struck on a penny-sized planchet, resulting in a copper-colored coin.​
Value: Graded MS64 red and brown, this error coin sold for nearly $500 at auction.​
2. 1960 No Mint Mark Proof Nickel with Quadruple Die Reverse
Error Description: A proof nickel exhibiting a quadruple die reverse, where elements of the design appear four times due to misalignment during die creation.​
Value: A PR60 graded coin with this error is valued around $52, with higher-grade coins fetching up to $1,000.​
3. 1964 SMS Jefferson Nickel
Error Description: Special Mint Set (SMS) coins from 1964, particularly the Jefferson nickel, are rare and highly sought after.​
Value: Examples with full bands can command prices up to $32,900.
4. 1960-D Nickel with Full Steps
Error Description: Nickels minted in Denver in 1960 with clear, full steps leading up to Monticello on the reverse side.​
Value: Graded MS65, these coins are valued at approximately $18.
5. 1960 No Mint Mark Proof Nickel
Error Description: Proof nickels from 1960 without a mint mark, which is unusual since most proofs from this year were struck in Philadelphia.​
Value: While standard proofs are valued around $5, coins with significant errors or higher grades can be worth more.​
Grading and Value Chart
| Coin | Grade | Value |
|---|---|---|
| 1960 No Mint Mark Nickel Struck on a 1-Cent Planchet | MS64 | ~$500 |
| 1960 No Mint Mark Proof Nickel with Quadruple Die Reverse | PR60 | ~$52 |
| 1964 SMS Jefferson Nickel with Full Bands | MS65 | Up to $32,900 |
| 1960-D Nickel with Full Steps | MS65 | ~$18 |
| 1960 No Mint Mark Proof Nickel | PR65 | ~$12 |
Note: Values are approximate and can vary based on coin condition and market demand.
FAQs
Q1: How can I identify a 1960s nickel with errors?
Look for anomalies such as doubled designs, missing mint marks, or coins struck on incorrect planchets. Consulting a coin grading guide or a professional numismatist can assist in accurate identification.​
Q2: Are all 1960s nickels valuable?
Most 1960s nickels are worth only their face value. However, certain errors or high-grade coins can be significantly more valuable.​
Q3: How does coin grading affect value?
Higher-grade coins, indicating minimal wear and excellent preservation, are more valuable. Coins are graded on a scale from 1 to 70, with higher numbers representing better condition.​
Q4: Where can I sell my valuable nickels?
Consider reputable coin dealers, numismatic auctions, or online platforms specializing in coin sales. Always verify the credibility of the buyer.​
Q5: Can these error nickels be found in regular circulation?
While it’s rare, some error coins may still be found in circulation. Regularly examining your change increases the chance of discovering such anomalies.​
