The 1987 Jefferson nickel may look like an ordinary coin, but some versions are worth much more than five cents. Factors like condition, minting errors, and rarity can make certain 1987 nickels valuable to collectors.
If you find one in uncirculated condition, with a full steps design, or with a minting error, it could be worth $10, $50, or even hundreds of dollars! This guide breaks down what makes a 1987 nickel valuable and how to identify collectible versions.
1987 Jefferson Nickel Overview
The 1987 Jefferson nickel features:
- Obverse (Front): A portrait of Thomas Jefferson
- Reverse (Back): An image of Monticello, Jefferson’s home
These nickels were minted at three locations:
| Mint Location | Mint Mark | Purpose |
|---|---|---|
| Philadelphia | None | Circulation |
| Denver | D | Circulation |
| San Francisco | S | Proof coins for collectors |
Since billions of these nickels were produced, most are still only worth five cents. However, uncirculated coins, proof coins, and error coins can be worth much more.
Valuable 1987 Nickels
Uncirculated 1987 Nickels
Uncirculated nickels are coins that have never been used in transactions, keeping their original shine and detail. Collectors prize these, especially in high grades (MS-65 or higher).
- Typical uncirculated coins: $0.25 to $1
- High-grade nickels (MS-67 or higher): $20 to $50+
Full Steps (FS) Nickels
A Full Steps (FS) nickel has clearly visible and unbroken steps at the base of Monticello on the reverse side. These coins are rare because most nickels fail to strike with full details.
- Full Steps (FS) Value: $10 to $100, depending on grade and condition.
Error Coins – The Most Valuable 1987 Nickels
Coins with minting errors are some of the most valuable because of their rarity and uniqueness. Collectors look for these mistakes:
| Error Type | Description | Estimated Value |
|---|---|---|
| Off-Center Strikes | Design is struck outside normal alignment | $20 to $200+ |
| Double Dies | Letters or images appear doubled | $25 to $100 |
| Die Clashes | Impressions from the opposite side of the die appear | $10 to $50+ |
| Filled Dies | Missing letters or numbers due to debris in the die | $5 to $50 |
If you find a 1987 nickel with one of these errors, it may be worth getting it graded by a professional service like PCGS or NGC.
1987 Proof Nickels
Proof nickels were made specifically for collectors and have a mirror-like finish with sharp details. These were only minted in San Francisco and carry the “S” mint mark.
- Standard proof nickel: $2 to $5
- High-grade proof nickel: $10 or more
How to Identify a Valuable 1987 Nickel
Want to check if your 1987 nickel is valuable? Follow these steps:
- Inspect the Coin: Use a magnifying glass to look for errors or doubling.
- Check Monticello’s Steps: Look for clear, unbroken Full Steps.
- Evaluate Condition: Coins with no wear, scratches, or discoloration are worth more.
- Check the Mint Mark: Locate the mint mark (“D” for Denver or “S” for San Francisco) to determine its origin.
Most 1987 nickels are only worth five cents, but some stand out due to minting errors, Full Steps, or proof status. If you think you have a valuable 1987 nickel, consider getting it professionally graded.
With a bit of luck, a simple coin from your pocket change could be worth hundreds or even thousands of dollars!
