The Valuable Relevance of 1939 Nickels: Beyond Ordinary Circulation
Not all 1939 nickels carry high value, but some varieties can bring surprisingly significant appreciation in their collectibility. This article delves into what makes certain 1939 nickels special, exploring factors such as mintage figures and preservation value.
Understanding the Value of 1939 Nickels
The 1939 nickel series includes different varieties, and their value varies widely based on their rarity and condition. One particular variety, the 1939 D (Denver) mint with doubled Monticello, is notably valuable due to its low mintage and status as a second-year issue. Due to these factors, this nickel can fetch a higher price, ranging from $18 to $80 in better-than-mint condition.
Key Varieties and Their Values
In contrast, other varieties such as the 1939 D and S (San Francisco) with over and under mintmarks respectively, also have intrinsic value. These coins are somewhat rarer and can offer higher returns on investment, especially when in uncirculated condition. Another variety, the 1939 S (San Francisco) with an 's over d' mintmark, also commands a certain appreciation due to its rarity and unique nature.
Less Common Yet Valuable Nickels: 1950-D Jefferson Nickel
A particularly interesting case is the 1950-D Jefferson nickel, which had the lowest mintage for circulation that year. With a mintage of around 2.6 million, this nickel is considerably rare and highly sought after by collectors. In uncirculated condition, it can be acquired for under $100.00, making it an excellent addition to collections.
The Collector’s Perspective
Even everyday nickels from 1939 can be valuable if kept in a pristine state. Uncirculated examples without any wear, dents, or scratches can fetch prices between ￡10 and ￡15. However, it is critical to note that circulated examples of these coins, which are more widely available, are not particularly valuable. This highlights the importance of condition in determining a coin’s worth.
The 1939 Nickel’s Durability
Despite the 1939 nickels being widely circulated, they remain one of the most durable coins in circulation. This means that uncirculated examples are quite rare, making them more valuable when found. The value of these coins also varies based on their minting location. The Denver (D) minted 1939 nickels, with a second-lowest mintage of Jefferson nickels, can be more valuable in uncirculated condition, potentially selling for under $100.00 in very high grades.
Conclusion
While not all 1939 nickels are particularly valuable, those with rare varieties or excellent preservation can significantly increase in value over time. Factors such as mintage figures, preservation, and rarity play crucial roles in determining a coin's worth. For those interested in collecting, understanding these factors is key to maximizing the value of their collection.
Additional Resources
For those who are serious about collecting US coins, investing in reputable guides like the Red Book can be invaluable. This resource provides detailed information and valuation guides for US coins, helping enthusiasts make informed decisions about their collection.