The 1960s produced several notable error coins, particularly within the Jefferson nickel series. While many nickels from this era are relatively common, certain error varieties have fetched significant sums at auction, making them highly sought-after by collectors.
These errors range from off-center strikes to planchet mistakes and doubled dies, and when combined with high-grade conditions, they can be worth thousands of dollars.
5 1960s Nickels With Errors Worth Thousands
1. 1960 (P) Jefferson Nickel Struck on a Cent Planchet
One of the most intriguing error nickels from 1960 is the coin struck on a one-cent planchet. Instead of being composed of the standard nickel alloy, this error resulted in a copper-colored coin. The unique appearance, combined with its rarity, makes it highly desirable.
In MS64 condition, one such nickel sold for nearly $3,000 at auction. This is one of the rarest errors from the 1960s and a top collector’s item.
2. 1960-D Jefferson Nickel with Full Steps
While not technically an error, the 1960-D full steps variety is extremely rare. Achieving a full step designation requires that the steps on Monticello (on the reverse of the coin) be struck crisply and without any flattening.
Unfortunately, the Denver mint faced significant quality control issues in 1960, and very few nickels achieved this status. Coins graded MS67 full steps have been known to sell for over $4,150, making them one of the most valuable 1960s nickels.
3. 1960 No Mint Mark Nickel (Doubled Die)
Doubled die strikes are always popular among collectors, and the 1960 no-mint mark nickel with this error is no exception. A doubled die occurs when the die used to strike the coin shifts between strikes, resulting in doubled inscriptions or design elements.
While subtle, this error can be worth thousands when found in mint state. One of the highest-graded examples sold for $3,150, especially if the error is pronounced and the coin has full steps.
4. 1964-D Jefferson Nickel with D Over Horizontal D
The 1964-D nickel features a unique repunched mint mark error where the “D” mint mark was initially stamped horizontally and then corrected.
This clear error makes it easy to spot and highly desirable. Coins graded MS66 can fetch up to $15,275, particularly if they are also full-step examples.
5. 1964 Jefferson Nickel (Off-Center Strike)
Another error to look out for is the off-center strike. Off-center strikes happen when the coin is not properly aligned with the die during the minting process.
Depending on the degree of the off-center strike, these coins can command high prices, especially when graded in mint state. Some off-center strikes from 1964 have sold for over $1,000, particularly if more than 10% of the coin is missing.
Error Nickels Worth Thousands
| Year | Error Type | Condition | Approximate Value |
|---|---|---|---|
| 1960 (P) | Struck on a 1-Cent Planchet | MS64 | $3,000 |
| 1960-D | Full Steps | MS67 | $4,150 |
| 1960 (P) | Doubled Die | MS65+ | $3,150 |
| 1964-D | D Over Horizontal D | MS66 | $15,275 |
| 1964 (P) | Off-Center Strike | MS65 | $1,000 |
Conclusion
Error nickels from the 1960s can be worth thousands, depending on the type of error and the coin’s condition. From planchet errors to repunched mint marks, these fascinating coins attract the attention of collectors.
Whether you’ve inherited a coin collection or stumbled upon an error nickel in your change, knowing what to look for and getting the coin graded can help you unlock its full value.
FAQs
1. How can I tell if my 1960 nickel is a valuable error coin?
Look for signs of unusual strikes, such as off-center designs, doubling of letters, or planchet issues. If you suspect an error, getting the coin professionally graded will help determine its value.
2. What does “Full Steps” mean on a Jefferson Nickel?
Full Steps refers to the clear and distinct lines across the steps on the Monticello building on the reverse of the coin. Coins with Full Steps are much rarer and more valuable.
3. Are all 1960s nickels with errors worth thousands?
Not all error coins are worth thousands. The value depends on the type of error, the coin’s condition, and its grade. Common errors or heavily circulated coins may not fetch high prices.
4. Where can I sell my error nickel?
You can sell error nickels through auction houses, online platforms like eBay, or directly to coin collectors. It’s advisable to get the coin professionally appraised before selling.
5. How do I get my nickel graded?
Coins can be graded by professional services like PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation). These organizations provide a standardized grading system to assess the coin’s condition and value.
References
- CoinTrackers.com. “Jefferson Nickel Error List.”
- CoinValueChecker.com. “1960 Jefferson Nickel Coin Value (Errors List).”
- Rarest.org. “1960 Jefferson Nickel Value Guide.”
- Greysheet.com. “1960 Nickel Values & Prices by Issue.”
