2022 Nickel Value (Errors List, “P”, “D” & “S” Mint Mark Worth)

If you’ve recently come across a 2022 nickel in your change, you might be wondering about its 2022 nickel value. Most circulated examples are worth their face value of five cents, but don’t toss them aside just yet! Uncirculated specimens can be worth significantly more depending on their condition and where they were minted.

Standard uncirculated examples typically range from around $7 to $12, with the 2022-P (Philadelphia) averaging about $10.63 in mint state condition and 2022-S proof versions valued at approximately $12.

What really makes these coins interesting for collectors is the “Full Steps” designation—when the steps on Monticello are sharply struck—which can push values into the $20-$50 range or even higher for exceptionally well-preserved specimens.

Whether you’re a beginning collector or just curious about that shiny nickel in your pocket, understanding what affects these coins’ value can help you spot potentially valuable pieces in everyday circulation.

 

2022 Nickel Value By Variety

This chart displays the current market values for 2022 Jefferson nickels across different mint marks and conditions, ranging from circulated grades (Good and Fine) to uncirculated mint state (MS) and proof versions (PR).

If you know the grade of your coin, you can find the exact price below in the Value Guides section.

Also Read: Top 100 Most Valuable Jefferson Nickels Worth Money List (1938-Present)

 

Top 4 Most Valuable 2022 Nickel Worth Money

The 2022-P MS67 specimen with Full Steps designation achieved $905 at auction in January 2023, establishing the highest documented sale price for any 2022 Jefferson nickel.

This valuation reflects conditional rarity—a phenomenon where coins from high-mintage modern issues become scarce only at premium preservation levels. The Philadelphia Mint struck hundreds of millions of 2022 nickels, yet specimens combining MS67 grade with complete architectural strike detail on Monticello’s steps represent genuine scarcity.

The 2022-S PR70 specimen at $143 demonstrates compressed pricing typical of proof production. Controlled striking environments at San Francisco consistently achieve premium grades with deep cameo characteristics, resulting in adequate supply at top quality levels.

The 2022-D MS67 value of $83 follows similar conditional rarity patterns as Philadelphia production, with Denver strikes facing identical technical challenges in achieving complete step definition.

The market structure for modern Jefferson nickels emphasizes grade sensitivity over absolute scarcity. Grade increases from MS66 to MS67 with Full Steps can multiply values tenfold or more. This dynamic creates collecting opportunities where circulation-strike coins command multiples of face value based solely on preservation quality and striking characteristics rather than traditional mintage rarity.

 

History of the 2022 Nickel

The 2022 Jefferson nickel belongs to a five-cent coin series that has been in continuous production since 1938, when it replaced the Buffalo nickel following a design competition.

The design configuration used in 2022 was established in 2006, after the completion of the Westward Journey commemorative series that honored the Lewis and Clark Expedition from 2004 to 2005. The 2006 redesign introduced a forward-facing portrait and restored architectural elements, departing from the profile perspective used since 1938.

Production in 2022 occurred during recovery from COVID-19 pandemic disruptions that affected coin circulation patterns across the United States economy. Business and bank closures disrupted normal circulation, causing coins to move through the economy more slowly and creating localized shortages despite adequate overall supply.

The US Mint maintained elevated production levels with enhanced safety protocols and increased overtime to meet sustained demand during this period.

Production costs for the nickel have exceeded its face value since 2005, with each five-cent coin costing more than twice its denomination to manufacture and distribute. The 2022 production continued at Philadelphia and Denver minting facilities, with nickels representing approximately 11 percent of total circulating coin production to maintain Federal Reserve inventory requirements.

Also Read: Top 60+ Most Valuable Buffalo Nickels Worth Money

 

Is your 2022 Nickel rare?

Check the CoinValueChecker App to view the rarity ranking of your 2022 nickels and see how they compare among all Jefferson Nickel varieties in the series.

 

Key Features of the 2022 Nickel

The 2022 Nickel belongs to the Jefferson nickel series, marking part of the “Return to Monticello” design era that began in 2006, following a brief period of commemorative designs from 2004-2005.

The Obverse of the 2022 Nickel

The obverse displays a forward-facing portrait of Thomas Jefferson designed by Jamie Franki, based on a Rembrandt Peale portrait from 1800. This design, implemented in 2006, marked the first U.S. circulating coin to feature a presidential portrait facing forward rather than in profile.

The word “Liberty” appears in Jefferson’s own handwriting on the coin, while “IN GOD WE TRUST” is positioned on the upper right of the obverse.

The date “2022” appears below Jefferson’s portrait, with the mint mark located directly beneath the date—”P” indicates Philadelphia production, “D” signifies Denver, and “S” denotes San Francisco proof issues.

The Reverse of the 2022 Nickel

The reverse maintains a depiction of Monticello, Jefferson’s historic Virginia residence, presented in a straightforward frontal view. This 2006 version features more detailed architectural elements compared to the original 1938 design, thanks to modern minting technology.

The reverse includes “E PLURIBUS UNUM” above the building, with “MONTICELLO,” “FIVE CENTS,” and “UNITED STATES OF AMERICA” positioned below.

Collectors particularly value examples showing “Full Steps”—coins where all six or at least five steps leading to Monticello’s entrance display sharp, unbroken horizontal lines across their entire length.

Other Features of the 2022 Nickel

The coin maintains standard specifications with a diameter of 21.2 millimeters, weight of 5.00 grams, traditional composition of 75% copper and 25% nickel, and a plain, smooth edge without reeding.

Due to high production levels, 2022 Jefferson Nickels are readily available from circulation, making them accessible for collectors building date sets. Only high-grade specimens with Full Steps designation present difficulty for collectors seeking premium examples.

Also Read: Top 100 Rarest Nickels Worth Money (Most Expensive)

 

The Easy Way to Know Your 2022 Nicke Value

Determining the value of your 2022 nickel requires examining several key factors that collectors and grading services consider when assessing coins.

A coin’s grade is determined by six criteria: strike, preservation, luster, color, attractiveness, and the date and mint mark of the coin. The differences within grades are determined by the quality of the strike, luster, severity and location of contact marks, and general eye appeal of the piece.

Start by identifying the mint mark below the date on your 2022 nickel—”P” indicates Philadelphia production, “D” signifies Denver, while “S” denotes San Francisco proof issues. Coins are graded on a scale of 1-70 using the Sheldon Scale, with 70 representing a flawless, mint-fresh coin with no visible imperfections under magnification.

When examining your coin, look for wear on high points including hair details, facial features, and check if all lettering remains sharp and clear. For Jefferson nickels specifically, inspect the reverse for Full Steps—the horizontal lines on Monticello’s staircase. Coins displaying five or six complete, unbroken step lines command significant premiums over standard examples.

For instant evaluation, simply photograph your coin with the CoinValueChecker App to automatically identify mint marks, assess grade, detect Full Steps features, and receive current market values based on real-time auction data.

 

2022 Nicke Value Guides

• 2022-P Nickel
• 2022-D Nickel
• 2022-S Proof DCAM Nickel

The 2022 Jefferson nickel series consists of three distinct categories, each produced at different minting facilities and serving different purposes in numismatics. Values vary significantly based on production location, strike quality, and preservation condition.

Philadelphia and Denver facilities produced circulation strikes for commercial use, while San Francisco focused on collector-oriented proof specimens with superior finish quality. Understanding these categories helps collectors identify which versions they possess and establish accurate market valuations.

Grade remains the primary value determinant, with Full Steps designation adding substantial premiums for circulation strikes. Professional certification enhances marketability and provides authentication for higher-grade examples across all three categories.

Also Read: Jefferson Nickel Value (1938-Present)

 

2022-P Nickel Value

The 2022-P nickel represents Philadelphia Mint production during post-pandemic economic recovery. Circulated examples trade at face value, while uncirculated specimens in MS60-MS64 grades command modest premiums in the $2-$5 range. Standard MS65 examples typically sell for $10-$12, with MS66 specimens reaching $15-$20.

The value equation shifts dramatically with the Full Steps designation. Examples combining high grades with complete architectural strike detail on Monticello’s staircase achieve substantial premiums.

MS65 Full Steps specimens trade around $20-$30, while MS66 Full Steps examples command $35-$50. At MS67 with Full Steps—representing exceptional preservation and strike quality—values escalate significantly, with the documented auction record reaching $905.

This price structure reflects conditional rarity rather than absolute scarcity. While hundreds of millions entered circulation, specimens grading MS67 or higher with Full Steps represent genuine rarities where collector competition drives market valuations. The technical difficulty in achieving both superior preservation and complete step definition creates supply constraints at higher grade levels.

The auction records below document realized prices across different grades and designations, illustrating how preservation quality and strike characteristics influence market values.

Market activity data demonstrates consistent collector engagement throughout the year.

 

2022-D Nickel Value

The 2022-D nickel represents Denver Mint production during the post-pandemic recovery period that saw elevated output at both major minting facilities. Denver production exceeded 777 million pieces for 2022, ensuring ready availability in lower grades while creating conditional rarity at higher preservation levels.

Circulated examples remain available at face value, while uncirculated specimens in MS60-MS64 grades trade for modest premiums in the $2-$5 range. Standard MS65 examples typically sell for around $12, with MS66 specimens reaching approximately $2, and MS67 examples commanding about $9.

The Full Steps designation transforms value prospects for Denver strikes. Examples combining superior grades with complete architectural detail on Monticello’s staircase achieve substantial premiums over standard specimens.

MS65 Full Steps examples trade in the $18-$25 range, while MS66 Full Steps specimens command $30-$40. At MS67 with Full Steps designation—where exceptional preservation meets technical strike perfection—values increase significantly, with documented auction records reaching $83.

The technical challenge of achieving both gem-quality surfaces and complete step definition on Denver strikes creates supply constraints that drive collector competition. Specimens grading MS67 or higher with Full Steps represent genuine rarities within an otherwise common issue.

The auction records below document realized prices for certified 2022-D nickels across different grades and designations, showing how quality distinctions influence market valuations.

Market activity data reflects consistent collector engagement and trading frequency throughout the year.

 

2022-S Proof DCAM Nickel Value

The 2022-S represents San Francisco Mint’s proof production, struck exclusively for collectors using polished dies and planchets since 1968. The Deep Cameo (DCAM) designation identifies specimens exhibiting strong contrast between frosted design elements and mirror-like fields.

Modern proof Jefferson nickels consistently achieve PR67 to PR70 grades with deep cameo characteristics due to controlled production environments.

Standard PR69 DCAM specimens trade in the $5-$8 range, while PR70 DCAM examples command $12-$20. Unlike circulation strikes where conditional rarity creates substantial value gaps, proof production maintains compressed pricing across grades.

The First Strike designation applies to coins certified within 30 days of mint release. 2022-S First Strike PR70 DCAM specimens typically sell for $15-$25, with the documented auction record reaching $38. This premium reflects collector preference for early submissions rather than absolute scarcity.

San Francisco’s specialized striking process produces consistent quality, resulting in abundant supply at premium grade levels. This contrasts sharply with circulation strikes where achieving both superior preservation and technical perfection creates genuine rarity at higher grades.

The auction records below document realized prices for certified 2022-S proof nickels across different designations, illustrating how grade distinctions and special labels affect valuations.

Market activity data demonstrates steady collector engagement throughout the year.

Also Read: 22 Rare Nickel Errors List with Pictures (By Year)

 

Rare 2022 Nickel Error List

Minting errors occur when production anomalies create characteristics that distinguish individual coins from standard strikes.

While 2022 Jefferson nickels were produced in quantities exceeding one billion pieces, certain specimens exhibit manufacturing flaws that transform common circulation coins into collectible varieties. Error coins attract specialized collectors, with values determined by error type, visibility, and overall condition.

1. 2022 Strike Through Error

Strike through errors occur when foreign objects—including cloth pieces, hair strands, metal fragments, or organisms—become trapped between the die and planchet during striking, leaving an impression on the finished coin. Value depends on the visibility of the error and coin condition, with premiums varying based on how clearly the object’s outline appears.

Strike through errors involving unusual objects or creating distinctive patterns command higher prices than subtle impressions. Professional certification authenticates the error and documents its characteristics.

2. 2022 Die Chip Error

Die chip errors manifest as raised cracks on the coin’s surface. During striking, damaged portions of the die allow metal to fill the cracks, transferring these features to the finished coin.

Die chips result from die deterioration during extended production runs. Size, location, and prominence determine value. Chips positioned on major design elements—such as Jefferson’s portrait or lettering—typically command premiums over chips in field areas.

Multiple die chips on a single specimen can increase value when clearly visible. Die chip errors generally remain accessible for collectors building error portfolios.

 

Where to Sell Your 2022 Nickel ?

Whether selling to dealers, at auction, or through online platforms, research current market values and obtain multiple evaluations to ensure you receive fair compensation for your 2022 nickel.

Check out now: Best Places To Sell Coins Online (Pros & Cons)

 

FAQ About the 2022 Nickel

1. How much is a 2022 nickel worth?

Most 2022 nickels in circulated condition are worth face value (5 cents). Uncirculated examples typically range from $2-$5, while high-grade specimens with Full Steps designation can command $20-$50 or more. The 2022-P MS67 Full Steps holds the documented auction record at $905.

2. What does “Full Steps” mean on a 2022 nickel?

Full Steps refers to five or six complete, unbroken horizontal lines visible on the steps leading to Monticello’s entrance on the reverse. This designation indicates exceptional strike quality and significantly increases value.

3. How do I know if my 2022 nickel has an error?

Examine the coin under magnification for irregularities such as raised blobs (die chips), foreign object impressions (strike throughs), or doubled design elements. Professional grading services can authenticate and certify genuine errors.