1962 Jefferson Nickel
The 1962 Nickel, also known as the Jefferson Nickel, features Thomas Jefferson on the obverse and his Monticello home on the reverse. Made from a copper-nickel alloy, it does not contain silver. The 1962 Nickel is relatively common and is typically worth face value in circulated condition. Coins in uncirculated or mint-state condition may be valued higher, generally ranging from $1 to $5, depending on their quality and any rare mint errors.
The 1962 Jefferson Nickel had a total mintage of over 97 million coins struck at the Philadelphia Mint. This coin is relatively common and can be found in circulated grades and many lower Mint State grades with relative ease. The 1962 Jefferson Nickel can also be found all the way up to Mint State 67 at affordable prices, but adding on the Full Step designation will sharply spike prices upwards. It’s possible to find this coin well-struck, with excellent detailing and minimal surface abrasions, especially in the highest grades.
AUCTION RECORD: $690 • MS67
Image source: PCGS
History of the 1962 Jefferson Nickel
The 1962 Jefferson Nickel is a coin worth cherrypicking through to find an ideal coin that has great overall eye appeal. It’s possible to find uncirculated Mint State coins at accessible prices making this a good collector coin for those looking to fill out their collection without breaking the bank. The same can’t be said if someone is looking to build a Full Step collection because this one reaches prices in the twenty-thousands. Felix Schlag was the designer of the original Jefferson Nickel images seen on these early coins in the series. The Jefferson Nickel series is still in production today, but later years saw many design changes. The obverse of the coin features a left-facing profile of Thomas Jefferson. The reverse features his Monticello plantation home.
1962 Jefferson Nickel Value
As of 2024, the value of a 1962 Nickel, which is made from a copper-nickel alloy, typically ranges from $0.05 (face value) to $1 in circulated condition. Uncirculated examples may be worth $2 to $5 or more, depending on their quality. While the 1962 Nickel does not contain silver, its value can increase with higher grades or rare mint errors.
The 1962 Jefferson Nickel value ranges from around $700 to upwards of $21,000 for the highest grades of the coin in Mint State and Full Step. The Full Step designation is reserved for those coins that show distinct separation between the steps leading up to the Monticello. The 1962 Jefferson Nickel would make a beautiful and valuable addition to any Jefferson Nickel series collection.
Type of coin: Nickel
Year: 1962 Jefferson Nickel
Jefferson Nickel Mint Mark: Philadelphia
Total mintage: 97,384,000
Metal content: 75% Copper, 25% Nickel
Face value: 5 Cents
Weight: 5.00 grams
Edge: Plain
Designer: Felix Schlag
Diameter: 21.20 millimeters
FAQ
1. How much is a 1962 Nickel worth?
A 1962 Nickel typically has a value of $0.05 (face value) in circulated condition. Uncirculated examples may be worth $2 to $5 or more, depending on their condition and rarity.
2. What is the value of a 1962 P Nickel?
A 1962 P Nickel, minted in Philadelphia, generally has a value of $0.05 in circulated condition. Uncirculated coins can be worth $2 to $5 or higher, depending on their quality.
3. What factors affect the value of a 1962 Nickel?
The value of a 1962 Nickel is primarily influenced by its condition (circulated vs. uncirculated), with higher values for coins in mint state. Rare mint errors can also increase the coin’s value.
4. How do I determine the value of my 1962 Nickel?
To determine the value of your 1962 Nickel, assess its condition and look for any mint errors. Coins in uncirculated or near-mint condition generally have higher value, while those with unique features or errors may command even more.
5. Where is the mintmark on a 1962 Nickel?
The mintmark on a 1962 Nickel is located to the right of Monticello on the reverse side. It will be a "P" (Philadelphia), "D" (Denver), or "S" (San Francisco). Philadelphia Mint coins typically do not have a mintmark.
6. Are 1962 Nickels rare?
The 1962 Nickel is not considered particularly rare, as it was produced in large quantities. However, coins in uncirculated condition or with rare mint errors can be more valuable to collectors.
7. How much is a 1962 D Nickel worth?
A 1962 D Nickel, minted in Denver, is generally worth $0.05 in circulated condition. In uncirculated condition, it can be worth $2 to $5 or more, depending on its quality.
8. How much is a 1962 S Nickel worth?
A 1962 S Nickel, minted in San Francisco, typically has a value of $0.05 in circulated condition. Uncirculated examples may be worth $2 to $5 or higher, depending on their condition and rarity.
Learn more about: 1964 nickel, 1963 nickel, 1961 nickel, 1958 nickel, 1954 nickel, 1949 nickel, 1948 nickel, 1947 nickel, 1946 nickel.