Contributor, Benzinga
October 29, 2023

The 1964 Jefferson Nickel may seem like a basic piece of pocket change worth no more than its face value, but that idea might not always be true. The coin holds a unique place in the numismatic community, and some rare 1964 nickels can be worth hundreds if not thousands of dollars. Whether you're looking to determine the approximate value of your 1964 nickel or are interested in purchasing one, this article will serve as your comprehensive guide.

1964 Nickel Value TLDR

In general, 1964 nickels are worth roughly their face value in average condition. However, some specimens in the best condition can sell for over $10,000. Read on to discover if you might possess one of these exceptional coins.

The History of 1964 Nickels

The 1964 nickel, a Jefferson Nickel, features a design that has remained largely unchanged since its introduction in 1938 when it replaced the Buffalo Nickel. It features the third president and founding father of the U.S., Thomas Jefferson, on the obverse and his house, dubbed Monticello, on the reverse. Nickel was used in coins because of its low cost, durability and resistance to corrosion. The 1964 Nickel was minted during a period of high demand for circulating coinage in the United States, resulting in a large number of coins being struck. The high minting rate is why most 1964 nickels in average or worse condition only sell for their face value. 

How to Estimate the Value of a 1964 Nickel

  1. Familiarize yourself with the attributes of the most valuable 1964 nickels. Jefferson Nickels have a unique identifier that you should look out for when appraising these coins. Look at the base of Monticello on the reverse of the coin and count how many discrete steps of the base you can make out. If you see 5 or 6 steps, your coin is a Full Steps or FS coin and is likely significantly more valuable than a regular Jefferson Nickel, especially if it's in good condition. 
  2. Inspect your coin carefully to assess its condition, and learn about the coin grading scale to estimate the condition of your coin. You may need to get your coin professionally graded by a service like PCGS before you can sell it for a fair price. 
  3. Examine your coin for mint errors or other irregularities that could significantly increase its value.
  4. Research the most recent sale price of a specific coin, taking into account the date, condition, mint marks and mint errors (if applicable). Your assessment of these factors may not be entirely accurate, but it’s a good way to estimate the coin’s value. 

How to Buy and Sell 1964 Nickels

For most 1964 nickels in average condition, selling individually might not be worthwhile, but it could be worth it to sell them in bulk. The rarest examples of these coins are typically bought and sold through prominent auction houses, such as Heritage Auctions.

Other Collectible Coins You May Be Interested In

Canadian Gold Maple Leaf Coins


The Canadian Gold Maple Leaf Coin is a highly sought-after collectible and investment vehicle because of its stunning design and high gold purity. Struck by the Royal Canadian Mint, it features an iconic maple leaf design on the reverse and a portrait of the late Queen Elizabeth II on the obverse. With a gold purity of 0.9999, it is one of the purest gold coins available on the market along with the American Buffalo Gold Coin. Most of the top precious metals dealers offer this coin, including American Hartford Gold, JM Bullion, Gold Gate Capital and APMEX.

Silver American Eagle Coins


As the official silver bullion coin of the United States, the Silver American Eagle Coin is a popular choice among collectors and investors alike. Featuring an iconic Walking Liberty design on the obverse and a heraldic eagle on the reverse, this coin has a rich history and symbolizes American freedom and independence. Struck in at least 0.999 fine silver, these coins are beautiful and valuable. Reputable dealers offering Silver American Eagle Coins include American Hartford Gold, JM Bullion, Gold Gate Capital and APMEX.

Silver Peace Dollars


The Silver Peace Dollar is an interesting and unique collectible coin because of its historical significance and distinctive design. Minted from 1921 to 1928 (and 1934-1935), the Peace Dollar was created to commemorate the end of World War I and promote a sense of international peace. The obverse depicts Lady Liberty, while the reverse showcases the classic symbol of a proud eagle clutching an olive branch. Struck in 90% silver, these coins are not only visually appealing but also carry inherent value because of their silver content. Trusted dealers for acquiring Silver Peace Dollars include American Hartford Gold, JM Bullion, Gold Gate Capital and APMEX.

Compare Precious Metals Brokers

Frequently Asked Questions


How can you tell if a 1964 nickel is special strike?


To determine if a 1964 nickel is a special strike, you can look for certain characteristics. Special strike coins typically have a higher level of detail and sharper features compared to regular circulation coins. Look for any signs of doubling on the date or lettering, as this can indicate a special strike. Additionally, check for any mint marks or errors on the coin, as these can also make it more valuable. It is also recommended to consult a professional coin appraiser or reference guide to get a more accurate assessment of the coin’s rarity and value.


Is a 1964 nickel junk silver?


No, a 1964 nickel is not considered junk silver. Junk silver refers to coins that contain a high percentage of silver content, typically 90% or more. However, nickels minted in 1964 were made of a copper-nickel alloy and do not contain any silver.


How much is a 1964 five cents worth?


The value of a 1964 five cent coin, commonly known as a nickel, can vary depending on its condition and any unique characteristics it may have. In general, a circulated 1964 nickel is worth its face value of five cents. However, if the coin is in mint condition or has certain rare features, it could be worth more to collectors. It is recommended to consult a reputable coin dealer or reference guide to determine the specific value of a 1964 five cent coin.

About Henry Stater

Henry is an expert in all things crypto. He stays up to date with all the latest coins, platforms and technologies in the field. He has particular expertise in the burgeoning decentralized finance ecosystem and loves trying out all the new platforms. He also always follows major events in other financial markets and geopolitics as a whole, especially when an event’s effects ripple through the crypto market.