The Value of a 1959 Nickel: Hidden Potential in Every Detail

At first glance, a 1959 nickel might seem like just another everyday coin that you may have in your wallet. But what if I told you that some of these seemingly ordinary nickels could be really valuable? If you have a 1959 Jefferson nickel, you could be an owner of history, art and rather valuable possession.

Today we are going to tell you more about this interesting coin. By the time you finish reading, you will know exactly how much is a 1959 nickel worth today, what makes it special, and how to identify the coins that are the rarest and most valuable specimens.

Let us start with general information about the coin discussed:

The History of the Coin

This is part of a lineage that traces back to 1938, when it replaced the Buffalo nickel. It was designed by Felix Schlag. This coin became an important part of American currency and has been produced continuously ever since. But what makes the 1959 edition special?

During this era, the U.S. Mint refined its production techniques, yet imperfections still slipped through. This led to rare and valuable mint errors. Meanwhile, the transition from wartime silver nickels back to the traditional copper-nickel composition ensured that the 1959 issue was convenient enough for circulation.

There were two minting facilities: in Philadelphia and Denver. The year saw a total production of over 189 million coins, but not all were created equal—some hold significant value due to their rarity and condition.

A Little Bit about the Design

The obverse of the 1959 Jefferson specimen shows a left-facing portrait of Thomas Jefferson. The third President of the United States is depicted with detail, down to his tied-back hair and 18th-century coat. Inscriptions include “IN GOD WE TRUST”, “LIBERTY” and the minting year “1959”.

The reverse displays Monticello, Jefferson’s renowned Virginia home. Its neoclassical architecture is centered on the coin, surrounded by “E PLURIBUS UNUM”, “UNITED STATES OF AMERICA” and “FIVE CENTS”. 

Collectors often scrutinize this side closely, especially the steps in front of Monticello—if they are fully struck and well-defined, the coin earns the prestigious Full Steps (FS) designation. This significantly increases its value.

The 1959 nickel silver content is nonexistent, as it adheres to the standard 75% copper and 25% nickel alloy, unlike wartime nickels, which contained silver.

Mint Marks and Their Significance

1959 No Mint Mark Nickel (Philadelphia)

Philadelphia produced 27,248,000 coins in 1959. These coins lack a mint mark and are often overlooked due to their commonality. However, high-grade uncirculated specimens and Full Steps examples are extremely valuable.

1959 Nickel D Mint Mark (Denver Mint)

Denver’s output dwarfed Philadelphia’s, producing 160,738,240 pieces. While circulated versions are common, uncirculated and error specimens have rather high 1959-D nickel value sums in the numismatic market.

What Is a 1959 Nickel Worth in a Table?

Disclaimer: The prices are average. Coin values fluctuate based on grading, market demand and auction results. Consult a specialist to get current costs. 

Rare 1959 Jefferson Nickel Errors and Their Values

One of the most interesting aspects of collecting these coins is discovering mint errors that make them unique. The 1959 nickel error list includes several valuable misstrikes:

Doubled Die Errors – Caused by misalignment during the striking process, this error results in doubled inscriptions or features. Is a 1959 nickel worth anything in this case? Its values range from $50 to $200.

Off-Center Strikes – Coins where part of the design is missing due to an off-center strike can fetch $10 to $500. It mostly depends on severity.

Repunched Mint Marks (RPM) – Some Denver-minted specimens show multiple impressions of the “D” mint mark, valued between $3 and $50.

Struck on a Silver Dime Planchet – These ultra-rare anomalies, where a nickel design appears on a smaller silver dime planchet, exceed $600.

Black Beauty – A dark-toned nickel caused by improper annealing, sought after by collectors. You may find some on eBay at approximately $100-200. 

How to Buy and Sell Them: Tips for Numismatists

Buying Tips:

Choose certified coins only. Purchase from reputable dealers or auction houses that provide third-party certification (NGC, PCGS, ANACS, etc).

Online marketplaces are also good. EBay, Heritage Auctions and GreatCollections are excellent platforms, but always check seller ratings and authentication details.

Coin shows and local dealers will be a great opportunity for you. Attending coin shows or visiting local coin shops allows you to inspect coins in person before buying.

Selling Tips:

Grading matters. Higher-grade coins fetch better prices. Have your coin professionally graded if it has a potential high value.

Always know your buyer. Sell through trusted platforms, e.g., Heritage Auctions, Stack’s Bowers or eBay, to reach a wide audience.

How to Identify Your 1959 Jefferson Nickel

If you own a coin and think that this is a 1959 no mint mark nickel or any other type, it might be time to assess its value. But how? Try the Coin ID Scanner app—a tool for coin collectors. This app allows you to:

• Scan your coin instantly for identification and market values (try now by checking your 1959 nickel no mint mark value).

• Access market prices to know what your piece is worth.

• Manage your coin collection to store them in a more convenient way.

• Available on both iOS and Android. Such an easy accessibility!

FAQs

What influences the 1959 Jefferson nickel value? 

Several factors determine the total price, e.g., mint mark, condition, errors and the presence of Full Steps. High-grade coins like a 1959 proof nickel and rare errors can be more expensive.

How do I know if my 1959 nickel has Full Steps? 

Inspect Monticello’s staircase on the reverse. If all steps are sharply defined without breaks, your coin qualifies as Full Steps. This increases its value significantly.

I have a coin with a high 1959 nickel value D. Where can I sell it? 

You can sell your coin through online marketplaces like eBay, major auction houses or specialized numismatic dealers. 

Sources:

1. https://www.coinstudy.com/1959-nickel-value.html

2. https://coins.thefuntimesguide.com/1959-nickel-value/