1964 Nickel Value Simplified

The 1964 Jefferson nickel is one of the most commonly found nickels in circulation today, but its value can vary significantly depending on condition, mint mark, and unique characteristics like errors or full steps on Monticello. While most 1964 nickels are worth only their face value, certain examples—especially those in uncirculated condition or with rare minting errors—can be of interest to collectors.

In this guide, we’ll learn about the history of the 1964 nickel, how to estimate its value, and what you can expect it to be worth today.

1964 Nickel Value

In general, 1964 nickels are worth roughly their face value in average condition. However, some specimens in the best condition can sell for between $500 and $15,000. Read on to discover if you might possess one of these exceptional coins.

History of the 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, 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, 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, and APMEX.

Should You Invest in Precious Metals?

Investing in precious metals like gold, silver, platinum, and palladium can be a smart way to diversify your portfolio, hedge against inflation, and preserve wealth during economic uncertainty. While they may not generate income like stocks or real estate, their intrinsic value and historical resilience make them a solid long-term store of value.

However, like any investment, precious metals come with risks and require careful consideration of your financial goals, risk tolerance, and market timing. If used wisely, they can be a valuable part of a balanced investment strategy.

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