Hello, readers welcome to the new post. in this post, we will learn How Much 1959 Nickel Value/ Worth in 2023 | “D”, No mint Mark Worth Money? Nickel coins are always important for collectors and enthusiasts due to their historical importance and potential value. The 1959 “D” Nickel, also called the 1959 Denver Mint Nickel, is the value and worth of the 1959 “D” Nickel in 2023. Let’s get started with the 1959 nickel value
Understanding the 1959 “D” Nickel
The 1959 “D” Nickel is 5 cents which were minted at Denver Mint in 1959. It comes with a portrait of Thomas Jefferson, who was 3rd president of the USA, on the front side of coin. The back side has Jefferson’s estate in Virginia.
Factors Affecting the Value of a 1959 “D” Nickel
Mintage
The mintage is the number of coins made in a certain year and certain area or location. In the case of1959 “D” Nickel Denver Mint made a larger number of coins. Though accurate mintage figures can changes and coins having low numbers are more valuable.
Condition
The condition of the coin is important to define its value. Collectors used such coins that are accurately reserved and have less wear and damaging point. The grading parameter used for condition monitoring is Poor (P-1) to Mint State (MS-70), with larger grades that will have high values.
Rarity
Rarity is also the main point for collecting coins. Though the 1959 “D” Nickel comes with a high mintage value some changes or errors in the minting process can make coins rarer than other coins. These rare changes make premium prices among collectors.
Determining the Value of a 1959 “D” Nickel
Mint State Grades
Coins existing in uncirculated conditions, called Mint State (MS) coins, normally have high values. The grading scale for Mint State coins is from MS-60 to MS-70. The high grade shows the high value of the coin
Numismatic Value
Numismatic shows that coin how much has important to collectors. Different parameters like historical significance, rarity, and demand help to define the numismatic value of a coin. Coins that have different variations, and errors, are preferred to have higher numismatic values.
The rarity of the 1959 “D” Nickel
While the 1959 “D” Nickel comes with important mintage, there are some rare changes that collectors can get. Such as, die errors, doubling, or other anomalies can provide the coins rarer and more valuable. It is important for collectors to research and find these rare changes to get potential worth.
Recent Sales and Market Trends
The value of these coins can vary on the base of market demand and recent sales parameters. It is suggested to stay updated with the current market values and discussed with expert coin dealers or online platforms to get an accurate understanding of coins values.
Tips for Collectors
- Do proper research for 1959-d nickel value, to get an understanding of variations, errors, and rarities.
- Invest in coin grading features to find the condition and authenticity of coins.
- Place your coins in a secure location and environment that can handle the changes in coins
- To learn more about precious coins, connect with other collectors and join coin clubs or online forums.
- Keep updated with auctions and coin shows that have potential buying or selling chances
1959 nickel no mint mark
A 1959 nickel not having a mint symbol called the Philadelphia (P) minted coin. The Philadelphia Minted in Pennsylvania is the oldest mint location in the USA and is responsible for making coins without mint marks. In 1959, the mint mark was not added to nickels, so all nickels since that date are considered to be made at Philadelphia Mint. The removal of the mint marks shows that coins are made in Philadelphia.
1959-d nickel value
The value of a 1959 nickel d is based on its rarity, condition, and collector needs. Since September 2021, a circulated 1959-D nickel has face value of 5 cents. Though, if the coin is in uncirculated condition and has minimal wear or damage, its value can be high.
Value of 1959 Jefferson Nickel
The value of a 1959 Jefferson nickel also lies in rarity and conditions. Generally, a circulated 1959 Jefferson nickel value is 5 cents. Though, if the coin is in uncirculated condition having less wear or damage, it can have a larger value.
in September 2021, an uncirculated 1959 Jefferson nickel value is about 25 to 50 cents. If the coin is a proof coin, it will be high value, normally from $1 to $3 or more, on the base of condition and collectors.
Features of the 1959 Nickel
- The obverse side:
- The front side of the 1959 nickel has a portrait of Thomas Jefferson, the 3rd President of the USA. This portrait exists in the Jefferson Nickel series.
- Reverse (Back):
- The back side of the 1959 nickel has a depiction of Monticello, Thomas Jefferson’s Virginia plantation, and primary home. Monticello comes with a detailed defining the building and the surrounding area
- Composition:
- The 1959 nickel is created with 75% copper and 25% nickel. This composition value is the same for most Jefferson nickels since their introduction in 1938.
- Mint Marks:
- The 1959 nickel does not have a mint mark. Philadelphia Mint coins, which were made in Philadelphia, did not have mint markings until 1968. So, all 1959 nickels are Philadelphia Minted.
- Diameter and Weight:
- The Dia 1959 nickel is 21.2 mm, and it comes 5 grams weight
1959 Nickel Errors
- Double Die Obverse (DDO): A double die error caused when there is no proper alignment in the minting process causes doubled appearance of differnt points on the coin. With no high double die varieties used for the 1959 nickel, The inscriptions or Jefferson’s image can show slight duplication or distortion.
- Die Cracks or Cuds: Die cracks and cuds are elevated metal patches or discontinuities that appear on coins as a result of wear and tear or damage to the minting dies. These flaws may show up on the coin’s surface as raised patches or fine lines. Die cracks or cuds may be seen on many coins from different years, including the 1959 nickel, however, they are not unique to that denomination.
- Off-Center Strikes: This error exists when the coin is not accurately aligned with the dies during the minting method causing the design to appear off-center on the coin. Off-center strikes can change cab be different fewer misalignments to larger values where a portion of the design can be completely missing.
- Repunched Mint Mark (RPM): As these nickel does not have a mint mark, some older Jefferson nickels, like those from the 1938 to 1942 series, had mint marks. In rare conditions, mint marks can be misaligned or repunched,make visible doubling or overlapping of the mint mark on the coin.
1959 Nickel Value Chart
| Condition | Mint Mark | Value |
|---|---|---|
| Good (G-4) | 1959 (P) | $0.28 |
| Good (G-4) | 1959-D | $0.28 |
| Extremely Fine (EF-40) | 1959 (P) | $11 |
| Extremely Fine (EF-40) | 1959-D | $9.13 |
| Mint State (MS-65) | 1959 (P) | $16.20 |
| Mint State (MS-65) | 1959-D | $59 |
| Proof | 1959 (P) | $0.60 |
| Proof | 1959-D | No proofs were minted |
1959 Nickel Values And Varieties
Some values and varieties of 1959 nickels are explained
- 1959 Jefferson Nickel (Philadelphia Mint)
- Circulated: $0.10 – $0.20
- Uncirculated: $0.43 – $150
- 1959 Jefferson Nickel (Denver Mint)
- Circulated: $0.10 – $0.20
- Uncirculated: $0.43 – $1000
- 1959 Jefferson Nickel Proof
- Proof: $3 – $7
There are also some varieties of 1959 nickels that are more valuable than standard coins. These are:
- 1959 Off-Center Nickel: These coins have more value since considered to be errors. The value of an off-center nickel is based on the degree of off-centering. Coins with 5 percent or more off-centering can cost $10 to $50.
- 1959 Doubled Die Nickel: These coins have high value since they have a doubled image. The value of a doubled die nickel is based on the severity of the doubling. Coins with high doubling can be worth hundreds or even thousands of dollars.
Condition Determines 1959 Jefferson Nickel Value
Yes, the condition of a 1959 Jefferson Nickel is the main point in determining its value. Coins in uncirculated condition have more worth, while coins with wear have less value.
- Mint State (MS) -This grade of coins is errorless and retains all of its original lusters. They are regarded as being in flawless condition.
- Extremely Fine (EF) – Coins in this grade come with less wear and still have most of their original luster. They can have some small scratches or marks, but they are in good condition.
- Fine (F) – In this form coins have some wear, but they still have most of their details. They can have some scratches or marks, but they still have good condition.
- Good (G) -In this grade they have worn and can have lost some of their details. They can have many scratches or marks, but they are still recognizable like Jefferson Nickels.
What Is the 1959 Jefferson Nickel Made Of?
The 1959 Jefferson Nickel is created with 75% copper and 25% nickel. With the exception of the nickels produced during the war, which had a greater silver content, this coin has the same composition as all previous Jefferson Nickels.
The composition of the nickel varied in 1942 due to World War II. The US government required nickel for other uses, so the composition of the nickel was varied to 56% copper and 35% silver. Until the conclusion of the war in 1946, when the composition was altered back to 75% copper and 25% nickel, this composition was in use.
Do 1959 nickel coins have silver in them?
No, nickel coins from 1959 don’t contain any silver. The 1959 Jefferson Nickel is made up of 75% copper and 25% nickel. Except for the nickels produced during the war, which had a larger silver content, this coin’s composition is the same as that of all previous Jefferson Nickels.
Due to World War II, the nickel’s composition was altered in 1942. The nickel’s composition was modified to 56% copper and 35% silver because the US government wanted it for other purposes. The war had finished, and the composition was altered back to 75% copper and 25% nickel, which was used until 1946.
FAQs
how much is a 1959 nickel worth?
The value of a 1959 nickel is based on its condition. In circulated conditions, its value is between $0.10 and $0.20. In uncirculated condition, it can have worth $150.
Is the 1959 nickel worth anything?
Yes, the 1959 nickel does have value, but it is not considered a rare or highly valuable coin in some cases. Its worth is based on its condition and any unique feature it can possess.
Is a 1959 nickel real silver?
No, the 1959 nickel is not created with silver. It is made of copper-nickel alloy. The Jefferson Nickel series, including the 1959 issue, is created with 75% copper and 25% nickel.
How much is a 1959 D nickel with full steps worth?
A 1959 D nickel with full steps defines to a coin that exhibits strong, distinct steps on the back side, specifically in the depiction of Monticello. These coins are considered required by collectors. A 1959 D nickel with full steps in uncirculated form can range in value from a few dollars to $10 or more, depending on its quality and market demand.
Is 1959 D nickel rare?
The 1959 D nickel is not considered rare. It was minted in large values, and while getting one in pristine condition with full steps can be more difficult, it is still relatively accessible to collectors
Where is the mint mark on the 1959 nickel?
The mint mark, showing the location where the coin was minted, is located on the back side of the nickel, just to the right of Monticello. If the 1959 nickel was minted in Denver, the mint mark “D” will exist in this position. If there is no mint mark, it means the coin was minted in Philadelphia, as the Philadelphia Mint did not use mint marks on its coins until 1980.
