1964 Nickel Found Worth $32,000: Many people overlook the small coins lying around in drawers, jars, or old wallets but a rare 1964 nickel has shocked collectors after selling for more than $32,000. This unexpected discovery has sparked a renewed interest in checking everyday pocket change, as certain versions of this common coin can be extremely valuable.
Why the 1964 Nickel Became So Valuable
The 1964 nickel is one of the most widely produced Jefferson nickels, but a few unusual versions were never meant for public circulation. These special pieces include the mysterious 1964 SMS (Special Mint Set) nickels, which are known for their sharper detail, satin-like surface, and exceptional strike quality. Only a handful are known to exist, making them incredibly desirable to collectors.
During this transitional era of U.S. coin production, the government shifted away from using silver in most coins. Experimental strikes and limited-production test pieces were created, which explains why the rare SMS version of the 1964 nickel commands such high prices today.
Key Features That Make a 1964 Nickel Valuable
Collectors look for several details when identifying a high-value 1964 nickel. Even small differences can drastically increase worth.
1964 SMS Nickels
These coins are unmistakable due to their crisp edges, smooth texture, and unusually strong strike. They were never officially released, adding to their mystery and rarity.
Full Steps Variety
A 1964 nickel with clearly visible steps on Monticello indicates excellent striking quality. These coins are extremely hard to find in perfect condition.
Mint Errors
Various mint mistakes, such as doubled inscriptions or die cracks, also raise the value.
High-Grade Condition
Coins with minimal wear, especially those graded MS66 or higher, can command thousands of dollars.
How to Identify Your 1964 Nickel
If you believe you may have a valuable version of the 1964 nickel, here are signs to check:
• Examine Monticello’s steps for clear, uninterrupted lines
• Look closely for doubling on dates or letters
• Compare shine and texture SMS coins have a satin-like finish
• Use a magnifier to spot unusual markings or errors
• Consider professional grading for confirmation
Why Collectors Are Fascinated by the 1964 Nickel
The mix of mystery, rarity, and historical transition makes the 1964 nickel one of the most intriguing modern coins. Most nickels from this year remain common, yet a few select versions have reached astonishing prices at auctions. This combination keeps collectors searching through pocket change and saved coin stashes in hopes of striking silver figuratively speaking.
Final Verdict
The chance that a 1964 nickel sitting in an old coin jar could be worth tens of thousands of dollars makes this coin one of the most exciting finds in modern numismatics. Although the majority of 1964 nickels are common, the rare variants continue to surprise collectors with their extraordinary value. Checking your loose change could reveal a hidden treasure you never expected to find.
Disclaimer
This article provides general information for educational and hobby purposes. Coin values can fluctuate based on condition, market demand, and professional grading. Always consult a certified numismatic expert before selling or purchasing rare coins.