Discover the Silver Nickels That Are Worth More Than Gold!

Silver Nickels That Are Worth More Than Gold

I always hear about people buying Silver Nickels. Let’s talk about a few coins in this article because I don’t want anyone to read my articles and then find out they lost a coin that could have been worth a lot of money. This article will tell you the most valuable Silver Nickels That Are Worth More Than Gold!

Today we’re taking a look at some silver nickels from the 1940s that can be very valuable. Specifically, the 1943 Jefferson Nickel. Also, we’ll discuss some other nickels in this article that may have specific mistakes that make them even more valuable.

1943 Jefferson Silver Nickel Worth More Than Gold

The Features of the 1943 Jefferson Nickel Let’s take a look at the 1943 nickel first. There are three types of mint marks: the P mint mark, the D mint mark, and the S mint mark. Pay attention to the P mint mark. First, you’ll notice the large mint mark on the back of these coins, which is above the building. These mint marks were exclusive to silver nickels. If you have a large mint mark above the building, your nickels are 35% silver.

The Priceless Value of the 1943 P Coin

Check out this 1943 P coin, which was worth $15.45. PCGS has given this coin a Midstate 67 grade. This grade is only three points short of the perfect mark of 70, which is what we can give.

The Reason for the Coin’s High Price

Why this coin is priced so high For starters, if you turn the coin over to the reverse side then take a look at where that main “P” in Philadelphia shows up on the back of it. This is called ‘P’ for the Philadelphia Mint. And then flip the coin over to see heads. This coin has doubling on the front because there are 2 dies per side. Well, you’ll notice that down at the bottom of ‘Liberty’ on right side and over here in terms of motto — Doubling, is a common process when the mint makes an error during die-casting.

The Coin’s Rare Value

This 1943 coin sold for $1,545. If you have a coin with this kind of doubling, it may be very valuable. Now, this coin may be a little hard to see, but there are some good reasons why it sold for $8,812.

The 1943 Coin and Its Significance

If you look at the date on the right, you will see the year 1943. It is significant that this coin has been graded Midstate 67 by PCGS, increasing its value. This 1943 coin is the 1942 variety, with a small ‘2’ visible below the three. This condition makes it sellable for $8,812.

Coin Sales and Market Impact

It is important to note that when you sell your coin can be a significant factor in the coin’s value. If you sell your coin at a low price in the market, the amount you get may be significantly less. This coin sold for $11,500, and this one also went for $16,675.

Doubling and Coin Value

This coin has an obvious doubling in the ‘Liberty,’ date, and the motto on the left. Sometimes you need a magnifying glass to see it. This coin is dated 1943 and 1942, graded Midstate 67 by PCGS. If you look very closely at the 1943 date, you may see 1942 underneath it. For all these reasons, it sold for $16,679.24.

Final Words Never clean your coins, as this reduces their value. And yes, if you have old coins, pay attention to their errors and condition, as this can increase their value significantly.

Nick is a tax law expert with a knack for breaking down complex regulations into digestible insights. His articles on the tax news blog offer invaluable guidance to readers navigating changes in tax legislation.

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