7 MILLION DOLLAR NICKLE: VERY EXPENSIVE USA JEFFERSON NICKLES THAT COULD MAKE YOU A MILLIONAIER!
The video highlights several years and conditions that contribute to a nickel’s high value:
- 1987-P Jefferson Nickel: The narrator explains that a 1987-P (Philadelphia mint) Jefferson nickel can be worth as much as $1.3 million due to a very specific error discovered a few years ago [00:20]. Even if not worth millions, rare versions can still fetch tens of thousands of dollars [01:14:04].
- 1989-P Jefferson Nickel: Another nickel discussed is the 1989-P Jefferson nickel, which has also been valued at up to $1.3 million [05:05]. Its value stems from rarity and unique misprints such as being struck twice, misaligned, or not struck at all [05:22].
- 1988-P Jefferson Nickel: The video also mentions a 1988-P Jefferson nickel that sold for $1.3 million [01:05:20]. This coin’s value is attributed to its “pristine” MS68 condition and a “strike-through error” during minting [07:52:15].
- 1981-P Jefferson Nickel: A 1981-P Jefferson nickel is noted for potentially being worth $1.4 million due to “small errors, tiny imperfections” from the minting process that were initially unnoticed [56:59].
The video emphasizes that the value of these nickels comes from:
- Minting Errors: Mistakes such as die misalignment, doubling of the design, missing details, or strike-through errors can significantly increase a coin’s worth [00:56].
- Rarity and Condition: For a coin to be highly valuable, it must be rare and in near-perfect, “pristine” condition, often graded as MS65 or higher [06:47].
The narrator encourages viewers to check their own coins, stressing that while the chances of finding a multi-million dollar coin are slim, there’s no harm in looking [01:14:17]. They advise getting any potentially valuable coin appraised by a professional [07:25].
You can watch the video at: https://www.youtube.com/live/YtLAu8Aa32o?si=Xw1BSa4RckSIARAg