Why do I find so many 1964 nickels?
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You find so many 1964 nickels because the U.S. Mint produced a massive number of them to combat a nationwide coin shortage, with over 1 billion struck at Philadelphia and nearly 1.8 billion at Denver, making them extremely common and readily available in circulation even today. People didn't hoard them for silver (as they aren't silver) but rather held onto other denominations, leaving these copper-nickel nickels to stay in everyday use for decades.
Are 1964 coins rare?
While most 1964 Kennedy Half Dollars are not rare due to their large mintage, coins in exceptional condition (e.g., MS67 and above) or those with significant errors can be considered rare and command higher prices.
Is a 1964 nickel junk silver?
Are 1964 Nickels Silver? No, 1964 Nickels do not contain any silver. 1964 Jefferson Nickels have a composition of 75% copper and 25% nickel. At the time, the U.S. was experiencing a coin shortage, which led to the U.S.
What year of nickels are worth keeping?
Key dates for Jefferson Nickels include the 1939-D, 1950-D, and the war nickels of 1942-1945 that have a large mint mark above the Monticello dome. These "war nickels" contain silver, making them more valuable.
How do I know if I have a 1964 special strike nickel?
The 1964 Special Strike Jefferson Nickels usually display an extremely sharp strike, as well as having sharp and square edge rims. The surfaces feature a Satin like appearance. However, the coins are not circulation strikes, nor are they proofs, hence, the coins are referred to as Special Strikes.
1964 Jefferson Nickels Worth A LOT More Than 5 Cents!!
How rare is a 1964 nickel?
The 1964 Jefferson nickel is often overlooked. With over 2.8 billion minted across Philadelphia and Denver, it's considered a common coin.
Why are there so many 1964 nickels?
According to NGC: "In 1964, the nation faced a coin shortage, leading Congress to authorize a date freeze on the Jefferson Nickel. The 1964 issues have the greatest number minted of all nickels produced. Because there was a date freeze, some 1964 nickels were struck in 1965 and well into 1966."
Should I keep a 1964 nickel?
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.
What is the rarest U.S. nickel?
The most valuable nickel is the 1913 Liberty Head Nickel, which is rumored to have been illegally produced, as they were created during the transition from the Liberty Head Nickel to Buffalo nickels, per GoBankingRates, which added that only five 1913 Liberty Head nickels are known to exist and have sold for several ...
Are nickels before 1964 worth anything?
Jefferson nickels generally range in value from face (five cents) to a few dollars. Even the 35% silver wartime nickels bring only a few dollars in circulated condition. Uncirculated coins have a huge range of value, from a few dollars to tens of thousands for mint-condition pre-1965 samples.
What nickel is worth $400?
The 1885 V-Nickel is the coin that is most sought after by dealers as well as collectors. This coin is considered elusive and difficult to obtain. Even with considerable wear and tear, an 1885 V-Nickel may be worth nearly $400.
How to sell a 1964 nickel?
A3: You can sell your 1964 nickel at coin shops, online marketplaces, auctions, or through dealers.
What is the significance of 1964 coins?
The Kennedy half dollar was first minted in 1964 to commemorate President John F. Kennedy after his assassination in 1963. The half dollar has a rich history beginning in 1794. From 1794 to 1947, half-dollars were made of silver and decorated with an allegorical image that symbolized liberty on the obverse.
Which coin was discontinued in 1964?
Last Circulating Silver JFK Half Dollar. The U.S. Mint stopped making 90% silver coins for circulation in 1964 due to the rapidly rising cost of silver bullion – but unknown to most collectors, it continued to make the Kennedy Half Dollar in 40% silver for circulation until 1969.
What rare nickel sells 4.2 million?
In October 2022, an ultra-rare piece known as the Walton 1913 Liberty Head Nickel sold at auction for $4.2 million, purchased by GreatCollections of Irvine, California, demonstrating the market's enduring appetite for iconic U.S. rarities.
What year are nickels special?
Early editions of this coin, such as the 1938 edition, are popular among collectors. “War Nickels,” or Jefferson Nickels that were minted from 1942-1945, are also popular among coin collectors due to their historical significance and the fact that they contain a small amount of silver rather than nickel.
Why are 1964 nickels so common?
The U.S. Mint produced a large number of nickels in 1964 to meet increased demand for coinage, making them one of the most common dates for Jefferson nickels.
Is a 1964 nickel real silver?
What were nickels made of in 1964? 75% copper and 25% nickel. This alloy composition has been standard since 1866, with the exception of the wartime nickels from 1942–1945, which included 35% silver due to metal shortages during World War II.
How many 1964 nickels were made?
1964-dated Jefferson nickel mintages were significantly larger than any previous year, owing to the expanded production and date freeze. 1,028,622,762 were struck at the Philadelphia Mint in 1964 and 1965, surpassed only by the Denver facility's output of 1964-dated nickels, 1,787,297,160.
Should I keep 1964 nickels?
These coins are often worth hundreds to thousands of dollars at high grades. For example, a 1964-D FS nickel graded MS66 by PCGS was sold for $6,000 in 2021.
Do 1964 coins have silver in them?
The Coinage Act of 1965 eliminated silver from circulating quarters. So, 1964 is the last year regular quarters were minted with silver. Any quarter from 1964 or earlier is considered a silver quarter. Post-1965 quarters do not contain silver unless they're special collector issues.
How much does a 1964 nickel sell for?
According to the NGC Price Guide, a free resource provided by NGC, Mint State 1964 Jefferson Nickels are valued between 15 cents and $500, while Proof coins are generally worth more. Nickels with a 5FS or 6FS designation are valued between $20 to $15,000.