A 1964 No Mint Mark nickel can be worth anywhere from $0.10 for a coin in Good condition to $15,000 or more for a pristine "Full Steps" example in Uncirculated condition. The exact value depends heavily on the coin's condition and whether it exhibits "Full Steps."
1964 No Mint Mark Nickel Value Chart
The value of a 1964 No Mint Mark Jefferson nickel varies significantly based on its preservation. Collectors highly prize coins in higher grades, especially those with specific features like "Full Steps."
| Condition | Value |
|---|---|
| Good | $0.10 |
| Uncirculated | $500 |
| Uncirculated (Full Steps) | $15,000 |
Understanding the 1964 No Mint Mark Nickel
The absence of a mint mark on a 1964 Jefferson nickel indicates that it was minted in Philadelphia. During this period, the Philadelphia Mint did not place a mint mark on its nickels. Therefore, all 1964 nickels without a "D" mint mark (for Denver) were produced in Philadelphia. These coins are not considered rare due to their high mintage, but their value escalates sharply with their condition.
The Significance of "Full Steps"
For collectors, a significant premium is paid for 1964 No Mint Mark nickels that display "Full Steps" on Monticello, located on the reverse side of the coin. "Full Steps" refers to a clear and complete rendition of the five steps leading up to the entrance of Monticello. Due to striking inconsistencies and wear, finding 1964 nickels with all steps clearly defined is rare, particularly in Uncirculated grades. A 1964 No Mint Mark nickel with Full Steps is exceptionally valuable, often fetching thousands of dollars more than a regular Uncirculated example.
The condition of any coin is paramount to its value. A professional grading service can accurately assess a coin's condition, which is crucial for determining its market worth.
