Most nickels are worth just five cents, but some 2016 nickels can be valuable due to minting errors, rare varieties, and high-grade conditions. Whether you found one in your pocket change or inherited a collection, it’s worth checking your 2016 nickels—you might be holding onto a valuable coin!
In this guide, we’ll explore what makes a 2016 nickel valuable, key varieties to look for, and how much they’re worth in today’s market.
What Makes a 2016 Nickel Valuable?
Not every 2016 nickel is valuable, but certain factors can increase its worth:
- Mint Errors – Coins with misprints, missing details, or off-center strikes can be worth significantly more than face value.
- High-Grade Condition – Uncirculated nickels (graded MS65 or higher) can command higher prices.
- Proof and Special Varieties – Proof coins, especially those with unique mint marks, are desirable among collectors.
2016 Nickel Varieties to Look For
1. 2016-P Jefferson Nickel (Philadelphia Mint) with Errors
- Why It’s Special: While the 2016-P nickel is common, error coins are valuable.
- Common Errors to Look For:
- Double Die Obverse (DDO) – Look for slight doubling on Jefferson’s face or lettering.
- Off-Center Strikes – A misaligned design can increase the value from $50 to $200, depending on severity.
- Clipped Planchet – A nickel missing part of its edge due to an incomplete strike can be worth $20 to $150.
- Value: Regular 2016-P nickels are worth face value, but error coins can be worth $10 to over $500, depending on rarity.
2. 2016-D Jefferson Nickel (Denver Mint) in High Grade (MS67+)
- Why It’s Special: While 2016-D nickels are common, those in pristine condition are harder to find.
- Value: A regular 2016-D nickel is worth five cents, but one graded MS67 or higher could fetch $50 to $150 at auction.
3. 2016-S Proof Jefferson Nickel
- Why It’s Special: These coins were specially minted for collectors with a mirror-like finish.
- Mintage: Only a limited number were struck at the San Francisco Mint.
- Value: Proof 2016-S nickels can sell for $5 to $30 or more, depending on condition.
How to Identify a Valuable 2016 Nickel
If you have a 2016 nickel and want to check its value, follow these steps:
- Check the Mint Mark – Look under the date:
- “P” (Philadelphia) – Common, but error coins are valuable.
- “D” (Denver) – Common, but high-grade versions can be worth more.
- “S” (San Francisco) – Proof coins only, often more valuable.
- Look for Errors – Use a magnifying glass to check for doubling, missing details, or misaligned designs.
- Examine Condition – Coins with no scratches, strong details, and a high luster can be worth grading.
- Consider Professional Grading – If you think your nickel is rare, getting it graded by PCGS or NGC can confirm its true value.
Where to Sell a Valuable 2016 Nickel
If you find a valuable 2016 nickel, you can sell it through:
- Coin Dealers – Local numismatic shops often buy rare nickels.
- Online Marketplaces (eBay, Heritage Auctions, etc.) – Auctions can help you get the highest bid.
- Coin Shows & Expos – Connect with serious collectors willing to pay a premium.
Conclusion
While most 2016 nickels are worth just five cents, certain varieties—especially error coins, proof editions, and high-grade specimens—can be much more valuable. Checking your change for minting anomalies and preserving valuable finds can lead to unexpected profits. If you think you have a rare 2016 nickel, professional grading can confirm its true worth.
FAQs
1. What is the rarest 2016 nickel?
The 2016-S Proof Nickel and 2016-P or D error coins (such as doubled dies or off-center strikes) are among the rarest.
2. How can I tell if my 2016 nickel has an error?
Use a magnifying glass to check for doubling, missing elements, or off-center designs.
3. What is the most valuable 2016 nickel ever sold?
Some high-grade 2016 nickels (MS67 or higher) and error varieties have sold for over $500 at auctions.
4. Where should I sell a rare 2016 nickel?
You can sell it through coin dealers, auction houses, or online marketplaces like eBay and Heritage Auctions.
5. Should I clean my 2016 nickel before selling it?
No! Cleaning a coin can reduce its value. Collectors prefer coins in their original, unaltered condition.
