The 2016 Jefferson nickel might seem like just another coin in your pocket change, but some of them can be worth more than their face value.
How? Unique features, minting errors, or their condition can make a big difference. This guide explains what to look for in a 2016 nickel and how to check if yours is valuable.
What Is the 2016 Jefferson Nickel?
The 2016 Jefferson nickel shows a modern portrait of Thomas Jefferson on the front (obverse) and his historic estate, Monticello, on the back (reverse).
These coins were produced at three different U.S. mints:
| Mint Location | Mint Mark | Purpose |
|---|---|---|
| Philadelphia | None | Circulation |
| Denver | D | Circulation |
| San Francisco | S | Proof coins for collectors |
Note: Proof coins from the San Francisco Mint are special collector’s coins and are not made for regular circulation, making them rarer and more valuable.
Factors That Affect Value
1. Condition
The condition of a coin is one of the most important factors. Coins that look brand new or show no signs of wear are considered uncirculated and are worth more.
- Uncirculated Coins: Worth $0.25 to $1.
- High-Grade Coins (MS-67 or Higher): Can sell for $20 or more.
2. Errors and Varieties
Minting errors can make coins unique and increase their value. Here are some common errors found in 2016 nickels:
| Error Type | Description | Value |
|---|---|---|
| Off-Center Strikes | Misaligned design, part of the coin is blank. | $20 to $200 |
| Die Clashes | Impressions from the other side’s design. | $10 to $50+ |
| Double Dies | Design elements appear doubled. | $25 to $100 |
3. Proof Coins
Proof nickels are made for collectors. They have a mirror-like finish and sharper details compared to regular coins.
- Standard Proof Coins: Worth $2 to $5.
- High-Grade Proofs: Can sell for $10 or more.
4. Full Steps Nickels
Full Steps (FS) nickels have complete and uninterrupted step details on Monticello’s base (on the reverse). This feature is rare because the steps often wear out or are poorly struck during production.
- Value: $10 to $50 or more, depending on the condition.
How to Identify Valuable 2016 Nickels
- Inspect the Coin: Use a magnifying glass to look for mint marks, errors, or unusual features.
- Check for Full Steps: Examine Monticello on the reverse. Are the steps sharp and uninterrupted?
- Evaluate the Condition: Coins without scratches or wear are worth the most.
- Look for Proof Coins: These have a shiny, mirror-like finish and the “S” mint mark.
Most 2016 nickels are worth just five cents, but coins with minting errors, pristine condition, or proof status can be worth much more.
If you think you have a valuable 2016 nickel, consider having it graded by a professional coin grading service.
Who knows? That little nickel in your pocket could be worth a lot more than you think!
