Since these nickels tend to circulate longer they get a noticeable wear pattern. The front usually has the rim blending into the date and all the lettering. On the reverse Monticello is almost flat, it look like an outline more than a detailed design. Since those two signs of age are easy to spot you can see an older nickel even among a bag of nickels. Unfortunately that means an old higher grade nickels may get overlooked. You will be picking up only the low grade nickels.
Here's the stats...
Type/Country: 5 Cents / United States of America
Year: 1940
Mintage: 176,485,000
Metal: 75% copper 25% nickel
Value: $0.07 because pillars are gone and slashed
Do you have an older nickel and want to find out its value? Leave a comment and I will do my best to find out the price and history for you.
I have recently been perplexed by a coin I found. I found an Australian 2 dollar coin that has been CUT IN HALF (I know for sure its not an error there are other marks on the coin) However i would like to know if it would be able to be redeemed for a non damaged coin from a bank or used in a transaction (and could the vendor exchange it for an normal 2 dollar coin?)I have seen on your blog that damaged coins you have found are still worth face value so is that applicable for a coin that is cut in half? Thanks!
ReplyDeleteAustralian 2 dollar coin that has been CUT IN HALF (I know for sure its not an error there are other marks on the coin) However i would like to know if it would be able to be redeemed for a non damaged coin from a bank or used in a transaction (and could the vendor exchange it for an normal 2 dollar coin?)
ReplyDeleteIn America you cannot redeem damaged coins but some banks will exchange it if you have an account.
It does not sound like an error.
I have a very good shape 1940 nickel is it any value
ReplyDelete1943 steel penny in good shape
ReplyDelete