Coin Value Contents Table
Have you heard the buzz about 2024 nickels? Why are 2024 nickels so valuable? If you’re wondering whether the 2024 Jefferson nickel could become the next great key-date in the series, you’re in the right place! Our 2024 nickel value guide breaks down everything you need to know about this fascinating modern collectible.
In 2024, the United States Mint made a surprising move by drastically cutting nickel production, minting only around 70 million of these coins. That’s a big drop compared to the billions typically produced in previous years. So, could the 2024 Jefferson nickel become the next must-have American coin?
Our guide dives into the history, design features, and interesting errors that have collectors talking. Let’s explore what makes the 2024 nickel so special and potentially valuable.
2024 Nickel Value Chart |
||||
| Mint Mark | Good | Fine | Extremely Fine | Uncirculated |
| 2024-P Nickel Value | – | – | – | $3 |
| 2024-D Nickel Value | – | – | – | $4 |
| 2024-S Proof Nickel Value | – | – | – | $6 |
History of the 2024 Nickel
The United States Mint first minted the Jefferson nickel in 1938 to commemorate Founding Father and our country’s third president, Thomas Jefferson.
Felix Schlag designed the original Jefferson nickel, which featured the president’s left-facing profile on the obverse and his Monticello home on the reverse. This long-standing design changed in 2006, when the Mint introduced a forward-facing portrait of Jefferson designed by Jamie Franki. The new design gave Jefferson’s profile a memorable, lifelike quality and elevated the nickel’s status as a worthwhile collectible.
Over the years, the Jefferson nickel has remained a relatively popular coin among collectors. The series has several key and semi-key dates that are highly prized today. For example, the 1950-D nickel, with its notably low mintage, and the 1942 nickel, which once sold at auction for an astonishing $175,000, remain standout pieces.
Fast-forward to 2024: this year’s nickel has made headlines and collectors are already speculating about its potential to become a key-date. With its low mintage of about 70 million—far below the usual numbers—and its high-quality strike and clarity, will the 2024 nickel join the ranks of America’s most valuable coins? Only time will tell, but we definitely can’t ignore the buzz surrounding the 2024 Jefferson nickel.
Also read: Top 10 Most Valuable Nickels Worth Money
Features of the 2024 Nickel
Familiarizing yourself with a coin’s physical features is one of the first steps toward being a meticulous and successful coin collector. Let’s explore the unique characteristics and details of the 2024 Jefferson nickel and discover whether it is worth collecting.
The Obverse of the 2024 Nickel
On the front side of the 2024 nickel is Jefferson’s forward-facing bust. Along the edge on the right, you’ll find the declaration “IN GOD WE TRUST” and to the left of Jefferson’s chin, the word “Liberty” appears in italic font, followed by the date and mint mark.
Look closely, and you’ll spot the initials JNF on Jefferson’s upper left collar and DW on the lower right collar. These initials honor Jamie N. Franki, the obverse designer, and Donna Weaver, the sculptor who brought the design to life.
The Reverse of the 2024 Nickel
Jefferson’s home, the Monticello, takes center stage on the reverse side of the coin with the name MONTICELLO boldly displayed below with “FIVE CENTS” directly beneath it.
FREE Appraisal & Sell Your Coins
If you are still unsure about the price of your coins, you can appraise and sell your coins for free through our verified platform.
Above Monticello, the Latin motto “E PLURIBUS UNUM” is inscribed, while “UNITED STATES OF AMERICA” curves elegantly along the bottom edge.
Other Features of the 2024 Nickel
The 2024 Jefferson nickel is made of 75% copper and 25% nickel. The coin weighs about 5 grams, measures 21.20 millimeters in diameter, and has a smooth, plain edge.
This nickel was minted at the Philadelphia, Denver and San Francisco facilities. The coins spot a mint mark P, D and S from the Philly, Denver and San Francisco mints respectively. While the pieces of from Philly and Denver are designated as business strikes intended or everyday circulation, San Francisco nickels are special proof coins crafted exclusively for collectors.
Also read: Top 17 Most Valuable Buffalo Nickel Worth Money
2024 Nickel Grading
Grading a 2024 Jefferson nickel is all about assessing the coin’s condition, unique features and design. First things first, it helps to familiarize yourself with the Sheldon Scale, which grades coins from Poor-1 to Mint State-70. Using photo guides or comparing your coin to certified specimens can give you a clearer sense of its grade.
When examining your nickel, start with the basics: surface condition and luster. Coins in higher grades should have minimal wear, no significant scratches, and a natural shine.
Next, assess the sharpness of the strike, especially on Jefferson’s portrait. Focus on high-contact areas like his cheekbones, hair, and jawline. On the reverse, inspect the Monticello, particularly the columns and dome, for crisp details. Sharper strikes and textures can significantly enhance your coin’s value.
| # | Grade |
|---|---|
| 1 | Basal State-1 |
| 2 | Fair |
| 3 | Very Fair |
| 4, 5, 6 | Good |
| 7, 8, 10 | Very Good |
| 12, 15 | Fine |
| 20, 30 | Very Fine |
| 40 | Extremely Fine |
| 50 | About Uncirculated |
| 60 | Mint State |
| 65 | Mint State |
| 70 | Mint State |
Please check our grading guides to know your coin scale, It’s the necessary step to know the exact value of your coin.
Also read: How to Grade Jefferson Nickel?
2024 Nickel Value Guides
So soon after its release, the 2024 Jefferson nickel is already popular among collectors, and it’s easy to see why. These coins boast amazing strike quality, stunning design, and a historically low mintage compared to previous years. With such limited availability, the numismatic community is buzzing with speculation that 2024 nickels could be worth much more than face value. The chances are good that their prices may continue to climb.
There are three main varieties of the 2024 nickel, each with its own unique value:
- 2024-P Nickel
- 2024-D Nickel
- 2024-S Nickel
Let’s break down each variety to see just how much a 2024 nickel is worth today!
Best Coin Dealer Near Me
Want to Find the best coin dealer near you? Here we can help. (with customer reviews and Rating)
2024-P Nickel Value
Nickels minted at the Philadelphia Mint in 2024 feature the “P” mint mark on the obverse. While the exact mintage numbers haven’t been confirmed yet, we know the production was significantly lower compared to previous years, adding to their appeal among collectors.
Most 2024-P nickels you’ll find today are still in excellent condition, with their luster, texture, and intricate details intact. A business strike 2024-P nickel typically sells for $3 to $5, depending on its grade. Higher-grade coins, such as those ranked MS65 to MS67, can fetch prices closer to $5.
According to records by the Professional Coin Grading Service (PCGS), the highest-priced 2024-P nickel to date was graded MS67 and sold for an impressive $180 in October 2024. This shows the strong potential for these modern nickels to increase in value in the long run.
2024-D Nickel Value
Just like the 2024-P nickels, the exact mintage of nickels struck at the Denver Mint in 2024 is still a mystery. What we do know is that production was much lower than in previous years, making these coins more desirable. You can identify these nickels by the “D” mint mark on the obverse.
Denver nickels are known for their sharp details and clarity, and the 2024-D nickels proudly uphold this tradition. It’s rare to find one with a weak strike; most examples feature a high-quality strike and great eye appeal, even in circulated condition.
So, how much are 2024-D nickels worth? Circulated examples can sell for up to $3, while uncirculated coins often fetch around $4. Keep in mind that most “circulated” 2024-D nickels are barely worn, typically grading as About Uncirculated (AU) due to their limited time in circulation.
With their scarcity and quality, 2024-D nickels are definitely a must-have for your collection.
2024-S Proof Nickel Value
The third variety of the 2024 Jefferson nickel is the proof coin minted in San Francisco. Proof coins are struck with extra care and in smaller quantities, making them particularly special and valuable.
While the 2024 business strike nickels are already impressive with their sharp edges, intense strikes, and clear details, proof coins take elegance to the next level. These nickels feature a satiny finish, razor-sharp details, and an unmistakable sparkle that sets them apart.
Proof nickels from 2024 usually sell for more than their face value. A 2024-S proof nickel typically fetches between $5 and $6. According to PCGS records, a collector paid $10 on eBay in August 2024 for a 2024-S proof nickel graded PR69 with a deep cameo finish—the most lustrous and desirable proof coin finish.
Although not all 2024 nickels will attract very high values, the low mintage of these coins makes them a standout in numismatic history. If you have a 2024 nickel, consider holding on to it—it could increase in value. And don’t forget to keep an eye on your pocket change; you never know when a hidden gem might appear!
Also read: Top 87 Most Valuable Jefferson Nickels Worth Money
FREE Appraisal & Sell Your Coins
If you are still unsure about the price of your coins, you can appraise and sell your coins for free through our verified platform.
Rare 2024 Nickel Errors List
Minting errors can significantly increase a coin’s value and numismatic appeal. If you are looking to build a high-value nickel’s collection, hunting for errors can be rewarding. That said, there aren’t many errors in the 2024 nickels series but those that doe exist can be worth good money. Let’s take a look at some of the most popular ones:
2024-D Nickel Die Clash Error
A die clash occurs when the obverse and reverse dies strike each other without a planchet (blank coin) between them. This results in parts of one die’s design transferring onto the other, creating unique coins with faint, ghost-like impressions.
For the 2024-D Jefferson nickel, you might see traces of Monticello on the obverse or subtle hints of Jefferson’s portrait on the reverse, overlapping with the Monticello image. These strange, yet fascinating errors make for highly collectible pieces.
One example of a 2024-D nickel with a die clash error, graded MS66, sold for a notable $70—a great find for collectors hunting rare and unique coins.
2024-P Nickel Die Chip Error
Another error to look out for in the 2024 nickels is the die chip. This happens when a small piece of the die breaks off during the minting process, creating a gap that fills with metal chips. These chips form a raised, irregular blob on the coin, which gets transferred to the surface during striking.
Die chips often appear near key design elements like the letters, numbers, or even Jefferson’s portrait—often on his nose, hair, or the Monticello dome. These imperfections can turn an ordinary nickel into a highly sought-after collectible.
For instance, a 2024-P nickel with a die chip error—graded MS69—featuring die chips on the letters A and N was sold for an impressive $150 on eBay.
Also read: 14 Most Valuable Nickel Errors Worth Money
Best Coin Dealer Near Me
Want to Find the best coin dealer near you? Here we can help. (with customer reviews and Rating)
Where to Sell Your 2024 Jefferson Nickel?
Now that you know the value of your coins, do you know where to sell those coins online easily? Don’t worry, I’ve compiled a list of these sites, including their introduction, pros, and cons.
Check out now: Best Places To Sell Coins Online (Pros & Cons)
FAQ
Why Are 2024 Nickels So Valuable?
The 2024 Jefferson nickels have quickly become much more valuable than their face value of 5 cents, and for a good reason—scarcity. In the past, the U.S. Mint produced millions, sometimes even billions, of nickels in a single year. However, 2024 was different. The Mint significantly reduced production, minting only a few millions of these coins, which makes them historically scarce. And as any collector knows, the rarer a coin is, the more valuable it tends to become—this is exactly why 2024 nickels are generating so much excitement.
How Much Is a 2024 Nickel Worth?
At face value, a 2024 Jefferson nickel is worth only 5 cents. However, because of its limited mintage, the value of this coin has risen sharply. Circulated 2024 nickels are currently fetching $3 to $5, with even more value for uncirculated pieces. Additionally, coins with rare minting errors can bring in even higher prices, making 2024 nickels even more appealing to if you are looking for that extra rarity in your collection.
How Many 2024 Nickels Were Made?
As of now, the exact number of 2024 nickels minted is still unclear. However, it’s widely believed that the Mint produced approximately 70 million of these coins, which includes both business strikes and proof coins. This relatively small production number is part of the reason these nickels are seeing such high demand.
Are 2024 Nickels a Good Investment?
It’s not every year that a coin series immediately jumps to premium prices after its release, but that’s exactly what has happened with the 2024 Jefferson nickel. Thanks to its limited mintage and the growing interest among hobbyists, the 2024 nickel has quickly become a valuable addition to any collection. Data from sites like eBay show strong buying activity, an indication of high demand. However, it’s still early to tell if the price trend maintains the same momentum over time. That said, holding onto your 2024 nickels could prove to be a savvy investment in the long run.
