The Secret Value of the 1959-D Jefferson Nickel You Should Know

Facts on the Secret Value of the 1959-D Jefferson Nickel
The 1959-D Jefferson Nickel really doesn’t look like much when put in the same category as all the other coins vending in those coin-counters. Yet, the story of its history, its special elements, and the current trend in climbing prices has clearly taken hold of collectors; even though nearly 160 million were minted, certain qualities and conditions make specific examples extremely popular. Let us explore what makes this nickel special and worth mentioning for everyone involved in the hobby of coin collecting.

Historical Background

The Jefferson Nickel series was inaugurated in 1938 to supersede the Buffalo Nickel; designed by Felix Schlag, it features:

Obverse (Front Design): a portrait of Thomas Jefferson.
Reverse (Back Design): Monticello, Jefferson’s Virginia estate.

Such circumstances made the 1959-D Jefferson Nickel, produced by the Denver Mint, part of an iconic series. Common enough to circulate, the niceties of high grade examples, strikes with errors, or coins from certain design acquisitions, all now strike fairly dramatic collector interest.

Factors Driving Value

Several reasons contribute to the increasing value of the 1959-D Jefferson Nickel:

Condition and Grading

Coins are graded according to the Sheldon Scale, which runs from Poor (P-1) to Mint State (MS-70).

MS-66 and MS-67 Grades: Prized for their sharp details and perfect surfaces.
Top-tier examples of high grade stand at the top of the quality range and come with a premium price.

Minting Errors

Minting errors give any coin face value, and that includes the 1959-D Jefferson Nickel.

Cracked Die: Thin, raised lines at damaged dies.
Double Die Error: Doubling in design features or text.
Strike Error in Off-Center: An alignment imperfect that leaves a part of the design incomplete.

Generally, error coins fetch several hundreds of dollars to thousands depending on the type and the grade that is assigned.

Full Steps Designation

Full Steps designation stands in absolute impressive form about Jefferson Nickels.

Monticello’s Steps: When Monticello’s steps are complete and evident, it qualifies for the Full Steps designation.
This is especially rare among circulated coins, providing an additional value to the coin.

Value of the 1959-D Jefferson Nickel

The approximate value of grading, Full Steps designation, and errors is reflected in the table below:

Grade	Approximate Value	Full Steps Designation	Error Coins (Double Die)
MS-63	$10–$15	N/A	N/A
MS-65	$25–$40	$100–$150	$300–$500
MS-67	$150–$300	$500–$1,000	$2,000–$4,000

Specimens graded MS-67 or higher, especially when with Full Steps, are rare and highly coveted gems, worthy of their price premium reflecting the high quality and scarcity of such specimens.

Advice for Collectors

If you are a collector of the 1959-D Jefferson nickel, follow these tips to help bring value to your collection:

• Check for Full Steps: View Monticello for visible, unbroken steps.
• Errors: Look for things like double striking, die cracks, and other minting irregularities.
• Condition: Protect from wear and discoloration by using holders or capsules.
• Professional Grading: Authenticate and grade coins through recognized graders like PCGS or NGC.
• Market Movers: Be on the lookout for auction results and collector interest regarding potential opportunities.

The Significance of the 1959-D Jefferson Nickel

The 1959-D Jefferson Nickel has everything in it to show a modern coin’s quite value. Historical import, error varieties, and the elusive Full Steps designation complete this coin’s offer of both aesthetic and monetary potential.
It can be the hidden prize in your collection whether you are a seasoned collector or just someone dabbling into the hobby. Take a closer look; you may be holding a piece of history worth hundreds or even thousands of dollars.

Conclusion

The 1959-D Jefferson Nickel is generally not regarded as a remarkable coin, but there lies value in the hidden aspect of the coin for collectors and enthusiasts. The history associated with this coin, the chance for rare minting errors, and the Full Steps designation make this a find worth pursuing. High-grade condition coins, especially with peculiarities, can command exceptional amounts. Whether you have been collecting for several years or recently started, investing some time into examining your copper 1959-D Jefferson Nickel and grading it could turn up a treasure worth even more than its face value. Seek out these treasures, as they may very well provide the last pieces needed to successfully broaden your collection and literal wealth.