Contributor, Benzinga
August 6, 2024

If you're curious about the value of a 1964 nickel, you've come to the right place. The 1964 nickel is a popular American coin sought after by collectors due to its silver content and historical significance. In 1964, the US Mint produced nickels containing 35% silver and 56% copper, making them a unique and valuable addition to any coin collection. The silver content in these nickels contributes to their increased worth compared to regular circulation coins.

Determining the value of a 1964 nickel can depend on various factors such as its condition, rarity, and overall market demand. Generally, 1964 nickels in good to mint condition can fetch a higher price than those in poor or circulated condition. Collectors often look for specific errors or variations in these coins, which can significantly impact their value. Whether you're a seasoned numismatist or a beginner coin enthusiast, exploring the value of a 1964 nickel can be a fascinating journey into the world of coin collecting and American history.

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.

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

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

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

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.

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Frequently Asked Questions

Q

What makes a 1964 D nickel rare?

A
The 1964 D nickel is considered rare and highly sought after by collectors due to several factors that make it unique among other nickels minted that year. One key reason is its low mintage compared to other coins of the same era. In 1964, the Denver Mint produced a relatively small number of nickels compared to previous and subsequent years, making the 1964 D nickel scarcer in circulation.
Q

How much is a 1964 nickel worth today?

A
The value of a 1964 nickel today depends on several factors, including its condition and rarity. Generally, a 1964 nickel is worth its face value of 5 cents if it is in circulated condition and shows typical signs of wear and tear. However, if the coin is in uncirculated or mint condition, meaning it has not been used and shows no signs of wear, its value can range from a few dollars to as much as $50 or more, depending on the quality of the coin.
Q

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

A

Special strike coins are those that exhibit unique qualities and features compared to regular coins minted for circulation. One indication of a special strike 1964 nickel is its overall appearance – it may have sharper details and a more defined strike compared to standard nickels. Special strike coins are often produced using specially polished dies, resulting in a more lustrous and high-quality finish.

Henry Stater

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.