WHY IS A 1964 NICKEL SO VALUABLE?
While most 1964 Jefferson nickels are worth just 5 cents, rare varieties and special strikes can command 500to500to32,900+. The secret lies in identifying these exceptional specimens from the final year of silver nickels.
1964 NICKEL: HISTORY & KEY FACTS
- Last Silver Year: Contains 35% silver (1942–1964 composition).
- Mintage Records: Over 2.8 billion struck across all mints.
- Special Strikes:
- SMS (Special Mint Set): Rare satin-finish coins (no “S” mint mark).
- Full Step (FS): Shows complete stair steps on Monticello (extremely rare).
- Mint Marks:
- Philadelphia (no mark): Common.
- Denver (“D”): Key variety for errors.
TOP 4 MOST VALUABLE 1964 NICKELS
- 1964 SMS “Full Step” Nickel ($32,900+)
- 5-6 Full Steps visible on Monticello’s stairs.
- Special matte finish from experimental sets.
- Only a few dozen confirmed examples.
- 1964-D “D Over D” Repunched Mint Mark (1,000–1,000–5,000)
- Shows overlapping “D” mint marks under 10x magnification.
- 1964 Proof-Like Nickel (500–500–2,500)
- Mirror-like fields from early proof sets.
- Often mistaken for SMS coins.
- Off-Center Strike Errors (50–50–1,000)
- Misaligned designs (value depends on % off-center).
HOW TO SPOT A RARE 1964 NICKEL
- Check the Steps:
- Use a 10x loupe to count stair steps on Monticello.
- 5-6 full steps = premium value.
- Examine the Mint Mark:
- “D” nickels: Hunt for repunched mint marks.
- No mint mark: Could be rare SMS coin.
- Test the Surface:
- SMS coins have satin/matte finish (not shiny).
- Proofs show mirror-like fields.
- Weigh It:
- Should be 5 grams (silver content makes it non-magnetic).
1964 NICKEL VALUE CHART
| Type | Value Range |
|---|---|
| Normal 1964 (circulated) | 0.05–0.05–1.50 (silver melt) |
| 1964 SMS Full Step | 5,000–5,000–32,900+ |
| 1964-D “D Over D” | 1,000–1,000–5,000 |
| Proof-Like Nickel | 500–500–2,500 |
Record Sale: A 1964 SMS FS-65 Nickel sold for $32,900 at auction.
WHERE TO SELL YOUR 1964 NICKEL
- Get It Graded: Submit to PCGS or NGC (50–50–100) for top-tier coins.
- Sell Through:
- Heritage Auctions (for SMS/Full Step nickels).
- eBay (use keywords like “1964 SMS Nickel Full Step”).
- Coin Shows: Dealers pay 60–80% of retail for certified coins.
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