A NICKEL with an error could be worth thousands of dollars as one particular piece sold for nearly $4,000 online.
Just before the Mint started striking Jefferson nickels, which is the common design on the five-cent denomination today, the Buffalo nickel made was in circulation.
Given that there hasn’t been one made since 1938, there’s a chance it could be valuable.
But there's one in particular in the series to keep an eye out for, as one example sold for a total of $3,840.25 on eBay after 32 bids.
What to look for
The Buffalo nickel will feature the namesake image on the reverse.
Also, an Indian head is engraved on the obverse.
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On the front side of the coin, you’ll want to look for the 1937 date.
But most importantly if it has it, turn it over to the reverse and look closely at the bottom of the Buffalo image.
Normally, it is supposed to have four legs but an error created by the Mint resulted in some examples getting struck in 1937 with just three.
“The 1937-D "three-legged" Buffalo nickel is one of the most famous and most important coins of the 20th century,” David Hall, former President of Professional Coin Grading Services said.
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In all grades, the coin grader estimates there to me to be 10,000 1937 Buffalo nickels that have survived.
How much is it worth?
As always, how much particular coins are worth varies on grade and condition.
For example, the one that sold for more than $3,800 was certified by Numismatic Guaranty Company (NGC) in an MS 63 grade.
But the coin is also quite valuable in lower grades.
According to USA Coin Book, it is worth $721 in average condition.
Coin grades run 1-70, with the highest being considered flawless.
Other valuable nickels
For Jefferson nickels, one 1964 date with a D (Denver) mintmark could be worth $20,000.
That particular piece will feature a D/D error.
A 1975-D Jefferson piece with a misplacement mark could be worth $1,000.
Another valuable one is known as the Henning Jefferson nickel, with one recently selling for $425 online.
It features a crack on the lower part of the letter “R” in the word “PLURIBUS,” which can be found on the top of the reverse.
While these are counterfeit, coin collectors value them today due to their iconic history.
Also, a Jefferson error piece with an embedded copper error on the reverse sold for more than $300.
To see if your spare change is worth anything, you can check eBay by searching the full name, selecting the "sold" listing and then toggling the search to "highest value."
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This will give you an idea of how much the coin might be worth because your pennies, half dollars, dimes and quarters could be valuable too.
For more related stories, check out the most valuable coins in circulation worth up to $13,100.
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