The 1964 Jefferson Nickel may look like a regular coin, but some of its varieties can be surprisingly valuable. Made during a coin shortage in the early 1960s, many nickels were
minted, but certain ones have rare errors that can make them worth much more than their face value. In this article, we’ll explore these errors and what makes them special.
Key Error Types to Look For
Full Steps (FS) Designation
Definition: The Full Steps designation means that the steps on Monticello, the building on the back of the coin, are clearly visible. A nickel with five or six full steps is considered rare.
Value: These can be worth between $20 and $15,000! For instance, a 1964 FS Nickel graded MS67 sold for an amazing $14,100 in 2017.
1964 Nickel Struck on a 1C Planchet
Definition: This error occurs when a 1964 nickel is struck on a one-cent (1C) planchet. This makes the coin lighter and gives it a unique copper color.
Value: A nickel with this error, in an AU58 grade, sold for around $180. Higher grades can be worth about $299.
Four Strikes and Three Off-Center Error
Definition: This rare error happens when a coin is struck four times, with three of these strikes off-center. This results in a misaligned design.
Value: Coins with this error can be worth up to $1,200, depending on their condition.
Late Brockage Error
Definition: A brockage error happens when a coin has irregularities on both sides due to a malfunction during the striking process.
Value: A 1964 nickel with this error, graded MS62, was sold for around $400.
Nickel Struck on a Philippine 10-Centavo Planchet
Definition: During the time when the Philippines was under U.S. administration, some nickels were mistakenly struck on planchets meant for Philippine 10-centavo coins.
Value: These lighter coins can fetch prices as high as $1,000.
1964 Nickel Error Value Table
| Error Type | Description | Approximate Value |
|---|---|---|
| Full Steps (FS) | Clear visibility of all steps on Monticello | $20 – $15,000 |
| Struck on 1C Planchet | Nickel struck on a one-cent planchet | $180 – $299 |
| Four Strikes and Three Off-Center | Four strikes with three off-center | Up to $1,200 |
| Late Brockage | Irregularity on both sides due to striking error | $400 |
| Struck on Philippine 10-Centavo Planchet | Nickel struck on a planchet meant for Philippine coins | Up to $1,000 |
The 1964 Jefferson Nickel is more than just a common coin. With the right errors, it can become a valuable collector’s item. Whether it’s the Full Steps designation or a rare off-
center strike, these errors can significantly increase a nickel’s worth. If you come across a 1964 nickel, check it carefully—it might just be worth more than you think!
1. What is a Full Steps designation on a nickel?
The Full Steps designation means the steps on Monticello are clearly visible. Coins with this feature are rare and valuable.
2. Why are some 1964 nickels worth more than others?
Some 1964 nickels have rare errors, like being struck on the wrong planchet or having off-center designs, which makes them worth more.
3. How can I tell if my 1964 nickel is valuable?
Look for clear features like full steps or unique errors. If you think yours might be valuable, consider having it graded by a professional.
4. What is a struck on a 1C planchet error?
This error happens when a nickel is accidentally struck on a one-cent planchet, giving it a lighter weight and copper color.
5. How much can a rare 1964 nickel be worth?
Depending on the error, some can be worth anywhere from $20 to over $15,000!
