Jefferson nickels started in 1938 as a replacement, and these coins come with a photo of Jefferson, the president, and have historical importance. The 1958 nickels are part of this series and have different values for different grades. In this post, we will cover detailed features and related factors for finding the value of a 1958 nickel. So let’s get started with how much a 1958 nickel.
1958 Nickel value Chart
| 1858 Nickel value | Uncirculated (MS-60) |
Uncirculated (MS-65) |
Proof (PR-65) |
| 1958 Jefferson Nickels | $1.22 | $30 | $9.80 |
|
1958 D Jefferson Nickels
|
$0.48 | $14 |
1958 (P) No Mint Mark Nickel Value
The Philadelphia Mint made more than 17 million nickels in 1958. These coins do not have a mint mark. The value of these coins is based on the quality and condition of the coins. Circulated condition coins are low value, and uncirculated condition coins are high value.
The mint state 1958 nickel MS60 grade is about 3 dollars. MS65 grades are about 30 dollars. MS66 grades are about 40 dollars.
The full-step MS66+ grade coins are about 588, sold in 2017.
The circulated 1958 nickels are about 1 dollar. Uncirculated conditions are about 40 dollars.
The full-step 1958 nickels also made about 75,000 coins. The value of these coins is about. MS63 grades are about 25 dollars, MS64 are 30 dollars with a full step grade, and MS65 are 410 dollars; for MS65 grades with MS66 grades, they are 4250 dollars.
In 2019, the MS66+ grade coin sold for $13,513.
1958 D Nickel Value
The Denver Mint 1958 nickels with the D mint mark had more than 168 million coins made. These coins also come in circulated conditions and full step grades and have different values.
MS60 grade coins are about 4 dollars, and MS67 are about 700 dollars. The full-step 1958 D nickels are about 10 dollars. MS67 with full step is about 680 dollars.
MS67+ grade coins are about 2000 dollars. MS66s are about 60 dollars. MS67+ grade coins sold in 2023 for 2200 dollars.
The 1958 D FS nickels come with different values based on their conditions. MS64 grade coins are about 30 dollars, MS65 grade coins are about 40 dollars, and MS66 grade coins are about 70 dollars. The 1958 D FS nickel MS67 sold in 2008 for $6,325.
1958 Proof Nickel Value
The Philadelphia Mint also made proof coins, and about 856,000 proof nickels were made. These coins were made for collectors and struck through the use of a special type of die.
PR60 grade coins are about 15 dollars. The PR69 grade coin’s value is 200. PR70 grade is 750 dollars. The PR66 grade is 900 dollars.
DCAM 1958 nickels with different grades are as follows: PR66 grade is about 950 dollars, and DCAM PR67 is 2800 dollars.
PR68 DCAM is about 30000 dollars, and PR69 is 11000 dollars. The PR69 grade coin sold in 2016 for 1116 dollars.
1958 Jefferson Nickel Errors
Double-Struck Error
This error results when coins are not released from the press after the first strike, and then another strike occurs on the coins. As a result, a doubling effect can be seen on coins that occurs due to a double strike on coins. The 1958 D comes with a double-struck error. MS63-grade coins sold for 200 dollars with this error.
Inverted D Error
In this error, coins from the Denver mint come with a D on the inverted side, and coins with this error are worth about 20 dollars. If coins have a full-step type, that can be about 1000 dollars or higher.
RPM Error
This error occurs when the mint mark strikes on coins more than one. First, a mint mark strike in the wrong position, then an accurate strike makes an RPM error on coins. The coins with this error are worth about 30 dollars. Rare coins in good condition are worth more than 1000 dollars.
Double Die Reverse Proof Nickel Error
The 1958 P minted proof nickels come with a double die error. This error is a result of the die used for coin striking. In this error, coins come with many strikes, and moving during the strike makes the doubling effect. The coins with this error for the PF65 grade are about 30 dollars.
Off-Center Error
This error results when the die strikes the coins not accurately in the middle and causes a blank part of the coins through making an off-center error. Some part of the coin design was missed in this error.
The 1958 D nickel, MS65 grade with 75 percent off center, is about 400 dollars.
Wrong planchet, planchet error
This error occurs when the coin strike is not accurately used, causing errors with coins with different features of the planchet used. The nickel coins struck with one-cent Cuban planchets have a value of more than 1000 dollars.
10-cent planchet-made coins are valued at about 700 dollars to 1000 dollars. One planchet with a brown MS63 is about 550 dollars.
Die breaks or die cuts
A die break error occurs when a damaged or affected die is used for coin striking. The lines on the die shifted on the coin’s surface and made the coin’s value go from lower than 10 to 100 dollars. Some high-grade coins with this error are about 200 dollars.
History of the 1958 Nickel
The Jefferson nickels were first made in 1938 to replace the Buffalo nickels. That was made from 1913 to 1938; after that, the Jefferson nickel coin series started, which was used until 2004. The series is called Jefferson nickel coins since it comes with a photo of the president on the front side.
They called them nickels, but not all Jefferson nickel coins have nickel as a composition. The 2nd WW causes many changes in the composition of nickels. The nickels made from 1942 to 1945 are called war nickels that come with an alloy of copper, silver, and manganese.
At the start, P, S, and D mint made coins. S mint coins were made from 195 to 1963. So we do not have 1958 S-minted coins. Proof coins were made at the start of 1950 and used until 1964. These coins were made in Philadelphia.
Jefferson nickels are still used for circulation. The photo of the president came on coins that were minted in 2005 and then again added in 2006.
The mintage of 1958 nickels for different mints is as
| Nickel | Minted |
| 1958 nickel | 17,088,000 |
| 1958 D nickel | 168,249,120 |
| 1958 nickel proof | 875,652 |
| Total | 186,212,772 |
Features of the 1958 Jefferson Nickel
obverse of the 1958 nickels
The 1958 nickel’s front side comes with a photo of President Jefferson and the word LIBERTY also written. The 1958 minting date is also written, and the motto IN GOD WE TRUST is written.
Reverse of the 1958 nickels
The backside of the 1958 nickel comes with a photo of the president’s house, MONTICELLO, in the center. With the motto E PLURIBUS UNUM and FIVE CENTS written. The D mint mark is also on this side.
Some other features of 1958 nickels are as follows.
- The 1958 nickel comes with a diameter of 0.83504 inches.
- The cone comes with a plain edge, the weight is 0.17673 ounces, and the thickness is 0.07677 inches.
| Face value | Five cents |
| Coin weight | 0.17637 ounces |
| Shape | Round |
| Compound |
A 75% copper and 25% nickel
|
| Coin thickness | 0.07677 inches |
| Coin diameter | 0.83504 inches |
| Edge | Plain |
FAQs
Are 1958 nickels made of silver?
The 1958 nickel comes with copper and is coated with nickel which makes it look silver-like. The composition of nickel coins is 75 percent copper and 25 percent silver. The nickel coins made from 1942 to 1945 are 35 percent silver with copper and manganese.
Are 1958 nickels rare?
The 1913 Liberty Head nickels are rare and high value. The 1958 nickels are not all rare and high value, but DCAM proof nickels made at the P mint are rare and high value.
Which 1958 Jefferson nickels are of high value?
| Coin Type | Grade | Sold for | Sold in |
| 1958 Nickel (Full Steps) | MS 66+ | $13,513 | 2,019 |
| 1958 Nickel (DCAM) | PR 69 | $10,869 | 2,021 |
| 1958-D Nickel (Full Steps) | MS 67 | $6,325 | 2,008 |
| 1958-D Nickel | MS 67+ | $2,200 | 2023 |
| 1958-D/D Nickel (D/Inverted D) | MS 64 | $1,295 | 2016 |
| 1958 Nickel (CAM) | PR 69 | $1,116 | 2016-07-07 |
| 1958 Nickel | PR 69 | $820 | 2018 |
| 1958 Nickel | MS 66+ | $588 | 2017 |
How much is 1958 with no mint mark worth?
The value of 1958 is not based on the mint nickel value based on conditions and grade. These coins are about 9 cents for circulated conditions and about 40 dollars for mint state. MS66 grades are about 400 dollars.
What are the high value nickels in the Jefferson series?
| Nickel Type | Grade | Sold for | Sold in | Mint Location |
| 1954 Nickel (Full Steps) | MS 67 | $35,250 | 2,020 | S |
| 1969-D Nickel (Full Steps) | MS 65 | $33,600 | 2,021 | D |
| 1938-D Nickel (Full Steps) | MS 68+ | $33,600 | 2,022 | D |
| 1960-D Nickel | MS 64 | $32,200 | 2,004 | D |
| 1939 Nickel (Doubled Monticello, Full Steps) | MS 67 | $23,500 | — | — |
| 1939 Nickel (Reverse of 1940) | MS 68 | $23,500 | — | — |
| 1964 Nickel (Special Mint Set, Full Steps) | SP 68 | $32,900 | $2,016 | P |
| 1949-D/S Nickel | MS 67 | $32,900 | — | D |
| 1942-D/D Nickel (D/Horizontal D) | MS 64 | $32,200 | — | D |
Which nickel is worth a million dollars?
The 1913 Liberty Head nickels are rare and high-value coins. The Liberty Nickels coins stopped being made in 1912. There are five coins in the museum that were found in 1913 and are high value for collectors.