A List Of All 1987 nickels Worth more than face value

1987 Nickels Worth More Than Face Value

The 1987 Jefferson nickel may seem like an ordinary coin, but some of these nickels can be worth more than their face value of five cents due to unique characteristics like condition, errors, or rarity. This blog explores the factors that can make a 1987 nickel valuable and provides a guide to identifying coins worth adding to your collection.

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Overview of the 1987 Jefferson Nickel

The 1987 Jefferson nickel was minted at:

• Philadelphia Mint (no mint mark)
• Denver Mint (“D” mint mark)
• San Francisco Mint (“S” mint mark for proof coins)

As a result of the production of billions of these nickels, they are relatively prevalent in circulation. However, collectors may find that uncirculated coins, proof coins, and mistake variations are more valuable than other types of coinage.

Also See:-Find Out how Much Your 2016 Nickel Is Worth Today 

Factors That Make 1987 Nickels Valuable

1. Uncirculated Coins

As a result of their perfect state, uncirculated nickels from 1987 are worth more than their circulated counterparts, particularly those in high grades (MS-65 or higher). It is common for these coins to keep their original mint shine and display fine details, particularly in the picture of Jefferson and the Monticello.

• Value: Uncirculated 1987 nickels are typically worth $0.25 to $1, while exceptionally high-grade examples graded MS-67 or higher can sell for $20 to $50.

2. Full Steps Nickels

There is a huge demand for a Jefferson nickel that has steps on the base of Monticello that are visible in their entirety. The phrase “Full Steps” (FS) refers to the clarity of the six steps, which are frequently the first elements to wear away on coins that are circulated.

• Value: A 1987 nickel with Full Steps can range from $10 to $100, depending on its grade and condition.

3. Error Coins

Due to the fact that they are seldom and one-of-a-kind, error coins are among the most valuable nickels from 1987. Collectors are especially interested in coins that have obvious minting errors on them.

• Off-Center Strikes: These occur when the coin is struck outside its intended alignment, resulting in a partial design. Values for off-center nickels range from $20 to over $200, depending on the percentage of the error.
• Double Dies: Doubled die errors, where part of the design appears doubled, can occur in the lettering or Jefferson’s portrait. These coins are worth $25 to $100, depending on the severity of the doubling.
• Die Clashes: Coins showing faint impressions from the opposite side of the die can sell for $10 to $50 or more.
• Filled Dies: Missing letters or numbers due to a filled die can increase the coin’s value to $5 to $50.

4. Proof Coins

The San Francisco Mint is responsible for producing proof nickels, which are created specifically for collectors and include surfaces that are reflective and sharp detailing. Since these coins were never meant to be circulated, their value is typically higher than that of other coins.

• Value: A 1987-S proof nickel is worth $2 to $5, while high-grade proofs can fetch $10 or more.

Tips for Identifying Valuable 1987 Nickels

• Inspect the Coin: Use a magnifying glass to check for mint errors, doubling, or other anomalies.
• Check Monticello’s Steps: Look for clear and complete steps on the reverse side.
• Evaluate Condition: Coins in near-perfect condition (no scratches or wear) are more valuable.

Conclusion

Certain coins stand out owing to their condition, minting mistakes, or proof status. The majority of nickels from 1987 are worth their face value, but there are a few that stand out.

If you believe that you have a nickel from 1987 that is valuable, you might think about getting it graded by a specialist. It is possible that you will find a buried treasure in your pocket change if you examine it carefully and have a little bit of luck.