The Hidden Treasures in Common Pocket Change
While most 1964 nickels are worth face value, certain rare varieties—especially Special Mint Set (SMS) coins with Full Steps details—can command five-figure prices. Here’s how to identify these valuable exceptions.
Key Value Factors for 1964 Nickels
1. Special Mint Set (SMS) Specimens
💰 Top Value: $32,900 (PCGS MS67 FS)
- Characteristics:
- Frosted devices on mirror-like fields (satin finish)
- Sharper strike than regular circulation coins
- Full 5-6 steps visible on Monticello (FS designation)
- How to Identify:
- Compare to regular 1964 coins (SMS has superior detail)
- Look for original mint set packaging (if available)
2. Full Step (FS) Regular Strikes
💰 Value Range: 50−50−1,200
- Grading Premiums:
- MS65 FS: 50−50−100
- MS67 FS: 500−500−1,200
- Diagnostics:
- Complete stair steps on Monticello
- No contact marks on step areas
3. Doubled Die Varieties
💰 Top Value: $1,850 (1964-D DDO)
- Key Errors:
- 1964-D DDO-001: Strong doubling on “MONTICELLO”
- 1964-P DDR-001: Doubled wheat ears
Condition Census & Recent Sales
Variety/Grade | Price Realized | Auction House | Date |
---|---|---|---|
SMS MS67 FS | $32,900 | Heritage | 2021 |
SMS MS66 FS | $12,925 | Stack’s Bowers | 2022 |
DDO MS65 | $1,850 | Legend | 2023 |
MS67 FS | $1,150 | eBay | 2024 |
Step-by-Step Authentication Guide
1. Magnification Check (10x+)
- SMS Coins Show:
- Micro-mirror fields
- Frosted device surfaces
- No bag marks (original mint set quality)
2. Full Step Verification
- Genuine FS Examples:
- 5-6 complete steps (not worn or merged)
- Sharp step edges (no rounding)
3. Error Coin Diagnostics
- True Doubled Dies:
- Mechanical doubling (not machine doubling)
- Distinct separation lines in lettering
Where to Find These Rarities
Best Hunting Methods:
- Original 1964 SMS Sets (look for sealed sets)
- Bank Rolls (especially original 1960s rolls)
- Estate Sales (check old collections)
Recent Discovery:
A collector found a 1964 SMS FS nickel in a 2rollpurchasedfromabank−latersoldfor∗∗2rollpurchasedfromabank−latersoldfor∗∗18,800**
Selling Strategies
Maximize Your Profit:
- For SMS Coins: Heritage or Stack’s Bowers auctions
- For FS Regular Strikes: PCGS CoinFacts Forum
- For Error Coins: eBay (with proper certification)
Critical Tip:
Raw coins typically sell for 30-50% less than certified equivalents
Free Professional Evaluation
Think you have a rare 1964 nickel? Email clear photos to:
📧 nickels@pennyverse.info
Subject: “1964 NICKEL CHECK”
We’ll provide:
✔ Free variety attribution
✔ Current market valuation
✔ Best selling options
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