1955 Nickels Are Worth More Than Face Value (As Much As $10000!) Here What To Look For : It has been reported that each and every cent that was issued in 1955 is currently worth more than its face value. There is a very small quantity of these historic nickels in circulation at the present time, despite the fact that they have the potential to be quite valuable. To put that into perspective, how rare and valuable are nickels that were produced in 1955?
1955 Nickels Are Worth More Than Face Value (As Much As $10000!) Here What To Look For
All 1955 Nickel Values
Since 1938, Jefferson nickels have been made for circulation, and the ones that were produced in 1955 are among the Jefferson nickels that are among the most difficult to locate.
Please take note of the following information regarding the current values of your 1955 nickels, as well as the distinguishing traits that you should pay attention to.
1955 No Mintmark Nickel Value
The Jefferson nickel from the Philadelphia Mint, which does not have a mintmark, is the one that is the most difficult to locate out of the two regular-issue circulating nickels that were struck by the United States Mint in 1955. This nickel was produced by the Philadelphia Mint. The total number of units produced was only 7,888,000, and even fewer of those units are still in existence now.
“Ezoic”
In the year 1955, a nickel that has not been mint-marked and is in a condition that is considered to be ordinary circulation might be worth anywhere from 25 cents to 50 cents. The value of uncirculated specimens is normally somewhere between one dollar and two dollars.
According to Professional Coin Grading Service, a specimen of a 1955 no mintmark nickel that was graded MS66 Full Steps in 2007 brought in a record price of $12,650. This specimen was graded by the service. It is this amount that established a new benchmark for the price of a nickel in the year 1955.
1955-D Nickel Value
During the year 1955, the Denver Mint was the organization that produced the greatest quantity of nickels, with 74,464,100 individuals being struck. These coins contain the “D” mintmark on the reverse (back side) of the coin, which is situated just to the right of the Monticello building, near to the rim of the coin.
The 1955-D nickel is a tad more common in pocket change than its cousin, which was minted in Philadelphia and did not have a mintmark. This is because the 1955-D nickel is more common than its cousin. Despite this, it is rapidly becoming a coin that is difficult to find.
The 1955-D nickel is worth between 10 and 25 cents when it is in circulated grades, while in ordinary uncirculated qualities, it is worth between 75 cents and $1.50. This suggests that the nickel is worth between these two values.
A collector made a purchase of the 1955-D nickel that was the most valuable in 2019, and the collector ended up getting $9,693.75 from the selling of the coin during that time period. During the study that they conducted, the Professional Coin Grading Service determined that this specimen possessed the grade of MS66 Full Steps.
1955 Proof Nickel Value
In 1955, the United States Mint produced a limited quantity of nickels of exceptional quality specifically for coin collectors. These proof nickels from 1955 were numbered 378,200 different pieces and were produced using dies that were professionally prepared and polished coin blanks.
All of these coins are extremely hard to come by. Proof versions of the Lincoln cent, Roosevelt dime, Washington quarter, and Franklin half dollar were also included in the proof set that became available for purchase in 1955. These coins were sold as part of the set.
The vast majority of nickels from 1955 are valued between $15 and $20, with a specimen graded PF69 by Numismatic Guaranty Corporation currently holding the record price of $4,025 for a nickel.
IMPORTANT: What Is The Grade Of Your 1955 Nickel?
If you want to know the actual value of a 1955 Jefferson nickel, the first thing you need to do is assess the condition of the coin, also known as the grade of the coin.
A magnifying glass for coins and a copy of the book titled “United States Coin Grading Standards” are also things that should be acquired.
A List Of Rare 1955 Nickel Errors
A handful of nickel errors and variants from 1955 are extremely uncommon and precious, with some of them being worth a significant amount of money. These flaws and variants date back to the original year of production. The year 1955 marks the beginning of these specific nickel concerns and varieties.
Within the scope of this essay, we shall investigate a number of the most notable coin incidents that took place in the year 1955, as well as the values that were assigned to them…
1955-D Over S Nickel Error
A Jefferson nickel error variety known as the “D Over S” is believed to be one of the rarest and most valuable sorts of Jefferson nickel errors. This particular variety is distinguished by the fact that it has a “D” mintmark overlaid on top of a “S” mintmark.
The San Francisco Mint is the corporation that is symbolized by the letter “S,” despite the fact that they did not strike nickels in the year 1955!
Because the top of the “S” mint mark can be seen peeking past the top of the “D” mint mark with the naked eye, this variation ought to be clear to anyone who pays close attention to their coins. This is because the sight of the top of the “S” mint mark is visible to the naked eye.
Samples that are in circulation have a value that ranges from two to thirty dollars. Uncirculated coins can be purchased for anywhere between $35 and $100, with the average price falling somewhere in the middle. The most valuable 1955-D over S nickel, which was graded MS66 by Professional Coin Grading Service in accordance with their criteria, was sold at an auction in 2008 and brought in a total of $3,738.
1955 Doubled Die Nickel Error
Many coin collectors are quite knowledgeable with doubled die coins, and they are always on the lookout for them. They are also very interested in collecting them.
Despite the fact that there are no known examples of 1955 doubled die nickels that are of considerable value at the present moment, there is always the possibility that you could come across an uncommon 1955 doubled die nickel that is worth a significant amount of money. This is because there are no known examples of such a nickel.
There is a correlation between the majority of the doubled die nickel errors that took place in 1955 and the following conditions: Either increase the size of the eye of Jefferson that is located on the obverse (the front side) of the coin, or increase the size of the writing and inscriptions that are located on the reverse of the coin, including the words “MONTICELLO” and “FIVE CENTS.”
Nevertheless, the value of the majority of minor Jefferson nickel doubled die errors can range anywhere from twenty dollars to fifty dollars, depending on the placement and size of the doubled die as well as the condition of the coin. This is because the value of the error is determined by the circumstance of the coin.
1955 Off-Center Nickel Error
Among the many types of errors that could conceivably take place, off-center errors are among the most common types. When a coin is not positioned correctly between the dies or when the dies themselves are not aligned correctly with their respective spots, situations like these can occur. Die alignment is also a factor in these kinds of situations.
The vast majority of off-center errors are judged to be less than five percent off-center. Despite the fact that these pieces are considered to be genuine errors, sometimes they are not worth a significant amount of money. On the other hand, coins that are not centered are really cool, regardless of how little or significant the inaccuracy may be about the coin’s centering!
Although the value of 1955 nickels with errors that are 10% to 20% off-center might range anywhere from $10 to $50, the majority of the time, the value of these errors is higher. The types of 1955 off-center nickel faults that are the most valuable are those that are missing around fifty percent of their design but still display a full date and, if suitable, a mintmark. These faults are considered to be the most attractive.
1955 Missing Letters Nickel Error
Coins commonly lack essential design components due to strikethrough errors, which occur when the die or the coin itself has foreign material on it. These errors typically occur when the die is struck through. Errors in the strikethrough can be brought about by a wide variety of causes.
During the process of striking the coin, the section of the design that is impacted is not struck up in the correct manner. Because of this, this section of the coin will either be completely absent of its design and inscription, or it may only show very faint traces of both of these elements.
Strikethrough errors have the potential to be worth a significant amount of money, particularly if the error is exceptionally severe. This is especially true in cases when the error is particularly severe. Taking only one example:
It is possible that a single missing letter or two might only be worth an additional dollar or two to a coin collector who specialized in such anomalies. On the other hand, flaws that suggest that huge areas of the coin are lacking their design or that only light, ghostlike remnants of it are present could bring up to fifty dollars or more accordingly.
There are some strikethrough errors that actually reveal textures that provide clues as to what the foreign element in question was. These faults are considered to be interesting. As a consequence of this, each one of these can fetch a price tag of several hundred dollars!
Although the value of 1955 nickels with errors that are 10% to 20% off-center might range anywhere from $10 to $50, the majority of the time, the value of these errors is higher. The types of 1955 off-center nickel faults that are the most valuable are those that are missing around fifty percent of their design but still display a full date and, if suitable, a mintmark. These faults are considered to be the most attractive.
1955 Die Crack / Die Break Nickel Error
It is possible for a coin die to show signs of wear and tear over time, such as cracks and breaks. These cracks and breaks have the ability to transfer onto the completed coin in the form of raised lines, squiggles, and bumps.
Minor die cracks are rather common and can frequently be found hiding among writing or other design components. They are sometimes difficult to identify. The value of larger die breaks can range from tens to hundreds of dollars, depending on their size and position. These bigger die breaks are much more difficult to find.
There is a possibility that a little die crack on a 1955 nickel may fetch between $3 and $10, however substantially bigger die fractures on 1955 nickels could fetch anywhere from $20 to $30 or possibly more.
There are several different kinds of die breaks, but one of the most challenging to locate is called a die cud. A broad, flattish lump of metal that is attached to the rim of the coin is the typical appearance of this type of component. Given the size and look of the die cud, a 1955 nickel that has a die cud can be worth anywhere from $100 to $250, or even greater amounts, depending on the size of the die cud.