As a coin enthusiast or someone likely to come upon a collection of old coins, it’s logical to wonder about the 1956 nickel value in today’s market. The 1956 Nickel, better known as the Jefferson 1956 Nickel, does hold affluence greater than its mere face value, depending on certain factors. Let’s explore this further.
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ToggleHow Much is a Jefferson 1956 Nickel Worth Today?
The most common value of a 1956 nickel is its face value. However, in prime conditions, these coins can range between a few dollars to several hundreds, depending on certain factors such as state of preservation, errors, and mint marks. Further According to Us Coin Apps Guide Jefferson Nickel 1956 worth is $0.10 and $0.20 in September 2023.
Specifications of 1956 Jefferson Nickel:
Category: Jefferson Nickel
Year: 1956
Mintage:35,885,384
Mint Mark: Philadelphia (No Mint Mark)
Face Value: $0.05
Composition of 1949 Nickel: 75% Copper, 25% Nickel
Weight: 5grm
Diameter: 21.2 mm
Obverse/Reverse Designer: Felix Schlag
Edge: Smooth
![Specifications of 1956 Jefferson Nickel](https://uscoinapps.com/wp-content/uploads/2023/11/Specifications-of-1956-Jefferson-Nickel.webp)
How Much is a 1956 Nickel Worth Today?
In 1956, a Jefferson Nickel in average condition could be worth approximately $0.57 to $23. However, if the coin is in mint state, its value could soar to around $5.84.
Value of a 1956 Jefferson Nickel |
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Condition of Coin |
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Date |
Good |
Fine |
Extremely Fine |
Mint State |
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1956 Jefferson Nickel Value Up-Dated |
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1956 |
$0.05 |
$0.05 |
$0.05 |
$0.43 |
1956 D |
$0.05 |
$0.05 |
$0.05 |
$0.43 |
Understanding the Jefferson 1956 Nickel
The Jefferson Nickel debuted in 1938, and the 1956 version, known as a Jefferson 1956 Nickel, continues this series. Designed by Felix Schlage, the obverse (head side) showcases a left-facing profile of President Thomas Jefferson, while the reverse (tail side) sports Jefferson’s Virginia home, Monticello. may also like to read 1971 Quarter Value, Worth
Steps Leading to 1956 Nickel Value:
Step 1: Date and Mintmark Variety of 1956 Nickel
Firstly, identifying the date and the mint varieties of the Jefferson nickel series is essential. For instance, nickels minted in Philadelphia do not carry a mintmark, while those minted in Denver feature a ‘D’ mint mark on the reverse. With over 100 million 1956 nickels minted, the ones with little or no wear, bearing these mintmarks, are of particular interest to collectors.
Step 2: Grading Condition of 1956 Nickel
Vintage nickels’ value is primarily based on their state. Coins in ‘Mint State’ condition, with no wear and all details intact, are the most valued. However, even nickels in well-kept, circulated condition still hold collectible value. The grading process involves comparing the coin to images of nickels in known grades, judging a close match.
Step 3: 1956 Nickel Special Qualities
Numerous 1956 nickels are available for collectors’ selection. A coin’s original quality is one of the first considerations, with the changing and additional toning appreciated by collectors.
In the case of Jefferson nickels, cleaning the coin to try and improve its value often adversely affects it. Cleaning removes natural toning and the original surface, making nickels (especially mint state coins) drop quickly in appeal and value.
Read also: Lincoln 1956 Penny Value
Getting to Know the Mint Mark on the 1956 Nickel
A nickel with no mint mark signifies it was minted in Philadelphia. The “D” mint mark refers to Denver. Mint marks significantly impact the overall value of the 1956 nickel.
The Rarity & Value of 1956 Nickel Errors
1956 nickel errors that include die breaks, off-center strikes, or overdates are infrequent, increasing rarity and consequently the overall value of a 1956 nickel. Coins carrying mint errors often fetch higher prices from collectors.
Frequently Asked Question
How Many 1956 Nickels Were Made?
The mintage of 1956 nickels counts up to over 156 million from the Philadelphia mint and over 67 million from the Denver mint.
What is a 1956 Nickel?
A 1956 nickel is a five-cent coin minted in the United States in 1956, featuring President Thomas Jefferson on the front and his Monticello home on the back.
Which 1964 Jefferson Nickel is Worth Money?
Generally, ordinary 1964 Jefferson Nickels are worth their face value. However, specific error coins or coins in pristine mint state conditions can be worth significantly more.
Is a 1956 Nickel Valuable?
Yes, a 1956 nickel can be valuable, particularly if it bears a mint error or is in excellent condition.
What Year is The Most Expensive Nickel?
The most expensive nickel is a 1913 Liberty Head V Nickel, which was sold for over $3 million.
What is the Rarest Nickel?
The 1913 Liberty Head Nickel is one of the rarest and most valuable nickels.
What is the Most Expensive Old Nickel?
Again, the 1913 Liberty Head V Nickel holds this title.
Is there a Jefferson Nickel?
Yes, the Jefferson nickel is a five-cent coin depicting the third U.S. President, Thomas Jefferson. The coin has been in circulation since 1938.
Read Also Our Latest Guides:
Date by Date In Depth Jefferson Nickel Values 1938 to 1980
Jefferson Nickel Value By Date And Mint | ||
1938 Jefferson Nickel | 1947-D Jefferson Nickel | 1961 Jefferson Nickel |
1938 Proof Jefferson Nickel | 1948-P Jefferson Nickel | 1961-D Jefferson Nickel |
1938-D Jefferson Nickel | 1949 Jefferson Nickel | 1962 Jefferson Nickel |
1938-S Jefferson Nickel | 1949-D Jefferson Nickel | 1962-D Jefferson Nickel |
1939 Jefferson Nickel | 1950 Proof Jefferson Nickel | 1964 Jefferson Nickel |
1939 Proof Jefferson Nickel | 1950-P Jefferson Nickel | 1964-D Jefferson Nickel |
1939-D Jefferson Nickel | 1951 Jefferson Nickel | 1965 Jefferson Nickel |
1939-S Jefferson Nickel | 1951-D Jefferson Nickel | 1966 Jefferson Nickel |
1940-D Jefferson Nickel | 1952 Jefferson Nickel | 1967 Jefferson Nickel |
1941 Jefferson Nickel | 1952-D Jefferson Nickel | 1968-D Jefferson Nickel |
1941-S Jefferson Nickel | 1953 Jefferson Nickel | 1969-D Jefferson Nickel |
1942-P Jefferson Nickel | 1953-D Jefferson Nickel | 1970-D Jefferson Nickel |
1942-S Jefferson Nickel | 1954 Jefferson Nickel | 1971 Jefferson Nickel |
1943-P Jefferson Nickel | 1954-D Jefferson Nickel | 1972 Jefferson Nickel |
1943-D Jefferson Nickel | 1954-S Jefferson Nickel | 1973 Jefferson Nickel |
1943-S Jefferson Nickel | 1955 Jefferson Nickel | 1974 Jefferson Nickel |
1944-P Jefferson Nickel | 1955-D/S Jefferson Nickel | 1975 Jefferson Nickel |
1944-D Jefferson Nickel | 1956 Jefferson Nickel | 1976 Jefferson Nickel |
1944-S Jefferson Nickel | 1956-D Jefferson Nickel | 1976-S Jefferson Nickel |
1945-P Jefferson Nickel | 1957 Jefferson Nickel | 1977 Jefferson Nickel |
1945-D Jefferson Nickel | 1957-D Jefferson Nickel | 1978 Jefferson Nickel |
1945-S Jefferson Nickel | 1958 Jefferson Nickel | 1979-P Jefferson Nickel |
1946-P Jefferson Nickel | 1959 Jefferson Nickel | 1980-P Jefferson Nickel |
1947-P Jefferson Nickel | 1960 Jefferson Nickel | 1980-D Jefferson Nickel |