A JEFFERSON nickel with a 1984 date has sold in the hundreds online.
Along with the date, the coin features a P letter on the obverse, which stands for the mint location of Philadelphia.
That year, Jefferson pieces were also minted Denver, which are engraved with a D.
Most interestingly, coins with the 1984 date aren’t usually rare to come by due to their high mintage.
The reported of those Jefferson nickels are as follows:
- 1984-P: 746 million
- 1984-D: 517 million
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Meanwhile, sometimes mintage does not always tell the full story when it comes to finding rare coins.
For example, pieces could be valuable based on an error or another unique element.
According to the seller, the one in the listing features a cud error, which can be seen clearly on the bottom right on the obverse of the coin.
A cud error is when there is a damaged area or a die break on the coin.
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“Cuds can assume a wide variety of shapes including ovoid, crescentic, and irregular,” coin glossary website Error-Ref.
After 14 bids, the 1984-P Jefferson nickel sold for a total of $150.02.
That would mean the nickel is now worth almost 300,000% of its denomination.
Other recent cud error sales
If you happen to have a coin with a cud error, it’s possible it could be worth hundreds.
In fact, another Jefferson nickel with a cud error recently sold for $118 online.
Moreover, a Roosevelt dime with an example of that error sold for $119 recently.
Other valuable Jefferson coins
While it can be tough to find rare Jefferson nickels due to the high mintage on each date – you can still find other valuable pieces worth even thousands.
Rare coins
You may be holding something valuable in your wallet. Check out these articles on rare coins to see if you may have a treasure hidden deep in your pockets.
Aside from errors, grade and condition is always a factor in determining the value of coins.
An eBay-listed coin certified in an MS67 grade recently sold for a whopping $5,200.
“The 1951-S appears to be scarce in MS66 grade and higher,” PCGS’ Jamie Hernandez wrote.
“Less than 500 examples have been confirmed by PCGS in MS66 condition, with less than [a] handful known in MS67.”
Keep in mind that MS stands for mint state, meaning it’s an uncirculated coin.
Uncirculated coins do not contain traces of wear, but can be tougher to find since they are not meant to be used for daily purchases.
Last month, a 1939-D nickel that was certified in “MS67+” condition by PCGS sold for more than $3,555.
The 1939-D nickel has the second-lowest reported mintage in the Jefferson series, with production sitting at just over 3.5million.
To see if your spare change is worth anything, you can check eBay by searching the full name, selecting the "sold" listing, and then toggling the search to "highest value”.
This will give you an idea of how much the coin might be worth, because your quarters half dollars, dimes, and nickels could be valuable too.
Read More on The US Sun
Read More on The US Sun
For more on what might be in your pocket change, we reveal the most valuable ones in circulation.
Plus, check out the most valuable coins featuring US Presidents.
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