The 1964 Jefferson Nickel may seem ordinary at first glance, but some error varieties from this year have become extremely valuable, with prices exceeding $10, and even reaching hundreds or thousands.
Minted during a transitional period in U.S. coinage history, the 1964 nickels were produced in massive numbers, but a few flawed pieces slipped through — and collectors are eager to get their hands on them.
In this article, we’ll explore the 1964 nickel error list, what makes these coins special, and how you can identify a valuable coin in your pocket change.
Why 1964 Nickels Are Special
The year 1964 was a turning point in American coinage. Amid rising silver prices, the U.S. Mint stopped using silver in dimes and quarters, leading to a coin shortage.
Although nickels never contained silver, the mint increased the production of 1964 nickels drastically. Because of this rush, minting errors became more common, and these are now worth a premium to collectors.
Key 1964 Nickel Error List Worth Over $10
Here’s a list of the most valuable 1964 nickel errors to watch for, including how to identify them and their estimated value.
| Error Type | Mint Mark | Description | Estimated Value (USD) |
|---|---|---|---|
| 1964 Doubled Die Obverse (DDO) | No Mint Mark | Doubling visible on Jefferson’s eye, motto, and date | $25 – $200+ |
| 1964 Repunched Mint Mark (RPM) | D (Denver) | The “D” appears doubled or overlapping | $15 – $100 |
| 1964 Full Steps Variety | No Mint/D | Five or six clear steps at the base of Monticello | $20 – $300+ |
| 1964 Nickel Struck on Wrong Planchet | No Mint/D | Coin struck on a foreign or penny planchet (e.g., clad or copper) | $100 – $1,000+ |
| 1964 Off-Center Strike | No Mint/D | Design is misaligned, missing portions of the rim | $20 – $150+ |
| 1964 Die Clash Error | No Mint/D | Ghosted or overlapping images from reverse or obverse die clash | $10 – $75 |
| 1964 Broadstrike Error | No Mint/D | Coin is larger than normal due to striking without retaining collar | $15 – $60 |
| 1964 Double Struck Nickel | No Mint/D | Coin struck twice, often visibly offset | $50 – $200+ |
Valuable Traits: What Makes These Errors Worth Over $10?
To understand why these nickels are valuable, collectors look for several defining characteristics:
- Rarity – Fewer examples mean higher demand.
- Visual Appeal – Clean, noticeable errors increase collector interest.
- Condition – A well-preserved coin (especially graded by PCGS or NGC) can command much higher prices.
- Full Steps – A Jefferson nickel with clearly defined steps on Monticello is highly desirable.
How to Identify a 1964 Nickel Error Coin
If you’re hunting for one of these treasures, here’s what to do:
- Use a Magnifying Glass – Look closely at the mint mark, date, and Monticello steps.
- Check the Weight – A nickel weighs 5 grams. Any variation could signal a wrong planchet.
- Inspect the Strike – Look for off-center designs, double strikes, or overlapping images.
- Look for Doubled Letters or Numbers – Particularly in the motto “IN GOD WE TRUST” and the date “1964”.
What’s the Most Valuable 1964 Nickel?
Among the 1964 nickel errors, the Double Die Obverse combined with Full Steps is considered one of the most valuable. In high mint-state condition (MS65+), it can sell for several hundred dollars or more, especially if slabbed and authenticated by a grading service.
The 1964 nickel error list reveals that even common coins can hide valuable surprises. With values starting around $10 and climbing into the hundreds or thousands, it’s worth inspecting your pocket change. Whether it’s a doubled die, repunched mint mark, or a coin struck on the wrong planchet, these errors can turn an ordinary nickel into a collector’s gem.
If you think you’ve found one, consider getting it appraised or graded to unlock its full potential. Your next big find might be sitting in your spare change jar!
FAQs
Are all 1964 nickels valuable?
No, most 1964 nickels are worth face value, but error coins or those in pristine condition can be worth significantly more.
What does “Full Steps” mean on a 1964 nickel?
It refers to five or six fully visible steps at the base of Monticello on the reverse. This detail is often lost in circulation, so finding it sharply struck adds value.
Should I get my 1964 nickel graded?
If you suspect it’s an error coin or in mint condition, it’s a good idea to have it graded for authentication and to increase its resale value.
How can I tell if my 1964 nickel has a Doubled Die Obverse?
Look for doubling in the date and inscriptions, especially on “IN GOD WE TRUST” and “LIBERTY.” Use magnification to verify.