1960 Nickel Value: Features, Error Types, Mint Mark

The Jefferson nickel started in 1938 and was replaced with buffalo nickels. These come with importance since they were made at wartime and are still used for circulation. The 1960 nickels are important coins that were made in larger numbers and used for circulation. Circulated coins are low value, but some in good condition are high value. These coins come in different grades that we will discuss here for finding value. Let’s get started with how much a 1960 nickel is worth.

1960 Nickel Value Chart

1960 nickel	Uncirculated (MS-60)	Uncirculated (MS-65)	Proof (PR-65)
1960 Jefferson Nickels	$0.30	$18	$3.54
1960 D Jefferson Nickels	$0.30	$18	–

1960 P Jefferson Nickel Value

The Philadelphia mint made more than 55 million nickels in 1960. These coins are used for common circulation and still are many in existence. Either older coins come in low grade, but rare and high grade also exist. Full step grade coins are high value. The circulated 1960 grade coins are about 1 dollar, and uncirculated can be about 5 dollars.

MS67 grades a high value. The 1960 MS65 full step is about 1500 dollars.

MS60 grade 1960 nickels are about $3. MS65 can be about 20 dollars. MS66s are about 30 dollars.

The full step not mint mark nickels for MS60 grade are 90 dollars. The MS65 full step sold for 3000 dollars.

1960 D Nickel Value

The Denver mint also made 1960 nickels, and these coins come with a D mint mark and have more than 100 million coins minted. The coin’s value is in the range of five cents to 60 dollars for low grades, but high grades are high-value coins.

MS66 1960 D nickels are about 500 dollars.

The 1960 D MS67 grades are high value with a value of $4,150.

The full step 1960 D nickels are high value and can be sold for more than 1000 dollars.

1960 P Proof Jefferson Nickel

The Philadelphia mint also made proof coins, and there were about 1.6 million proof coins made. These coins also do not have a mint mark as regular strike coins have. These coins were made for collectors and were made using a special type of die for coin striking and are high value.

The 1960 proof nickels have more than 1.7 million mintage, and their value ranges from 1 to 80 dollars based on grade. Some other high-grade proof deep cameo coins are about 2800 dollars.

The PR60 1960 proof nickels are about 7 dollars. The Pr65 is about 10 to 15 dollars. PR69 is about $350.

Proof coins come with cameo and deep cameo contrasts. Cameo 1960 proof nickels are about 50 dollars. Deep cameos are about 50 dollars, PR65 grade, and PR69 can be about 5000 dollars.

1960 Nickel Errors List

Nickel Struck on a 1C Planchet

This coin is rare, and in this error coin struck with another planchet or one-cent planchet, coins with different designs and weights. The MS64 red and brown combination is sold for 500 dollars with this error.

Clipped Planchet Error

In this error, the planchet is cut, and that is used for coin striking, making a mistake in cutting part of the coins and in a clipped error. The coins with this error are about 15 dollars.

Quadruple Die Reverse Error

This error occurs at the time of creation of the die for the front and back sides of the design. Then the error shifted on coins. This error exists in 1960 P minted coins. That is the result when making a proof die. The hub and die are not accurately aligned, then shift the design. That occurs more than once.

This error is called a quadruple die error, where some component of the design comes with 4 misaligned errors. This error occurs on the die used for striking the reverse side design, which is called the quadruple die reverse.

The coins PR60 grade has a value of 55 dollars with this error, and PR65 can be about $250.

Cameo proof coins PR63 are about 100 dollars. PR67s are sold for $1,000.

Off-Center Error

This error occurs when the planchet is not accurately struck and the die strikes the planchet at the wrong point, and as a result, the coins do not have an accurate design printing. The design of coins shifted from the middle and made an off-center error on coins. This error coins value is based on percent off center; 10 to 15% off center are low value and 50% off center with a 100-dollar value.

Doubled Die Error

This error occurs when the die double strikes on coins. It is the result of the’ number of coins, inscriptions, and mintage that comes with a doubling effect. The mint mark also has a doubling effect. This error can be seen on both sides, making DDR or DDO errors. It comes with a value of 30 dollars.

1960 Nickel History

The Jefferson nickel was first made in 1938 when the mintage of the Buffalo nickel stopped. It was suggested that the US president, Franklin Roosevelt, change the nickel design and make new designed coins in place of buffalo nickels. So he suggested changing the design with Thomas Jefferson’s photo. There was a competition arranged for the selection of new design coins, and the winner of the contest got 1000 dollars. The coin comes with a photo of Thomas Jefferson on the front side, and the back side has his mansion, Monticello, added on the reverse.

This design was used until 2005, then replaced with a new design by Joe Fitzgerald, which was redesigned by Jamie Franki later in 2006. The Jefferson nickel composition is 75% copper and 25% nickel.

Features of the 1960 Nickel

Obverse of the 1960 Nickel

The front side of the 1960 nickel comes with a photo of the Founding Father, US president Thomas Jefferson. The photo is facing left. The design of coins made by Schlag. The motto IN GOD WE TRUST is also written with the word LIBERTY on this side. The minting date is also written.

Reverse of the 1960 Nickel

The design of the 1960 nickel backside comes with Monticello, the home of the president, with MONTICELLO letters. The motto E PLURIBUS UNUM is also written. That means out of the many, one. It defines the USA as a union of states.

The country name is also written there: UNITED STATES OF AMERICA.

The mint mark for D mint is also seen there.

Some other features of 1960 nickels are as follows.

The Jefferson nickels are made with copper and have a diameter of 21.2 mm and a weight of 5 grams. It has a plain edge. The 1960 nickels are in two types: standard nickels and some with full-step nickels.

FAQs

Are 1960 nickels silver content?

The 1960 nickels do not have silver content but have a silver color due to nickel cladding. The coin core is made with copper.

What is the important point for the 1960 nickel?

The main factor for defining the value of coins is conditions. The 1960 nickels can be found with the steps on MONTICELLO on the backside. If all 5 steps are configured, the lines separating each other mean the coin is a full step with a high value.

Is a 1960 nickel rare?

The 1960 nickels made more than 200 million coins. But 1960 proof coins are rare and high value that are made for collectors and come with full steps.

Is a 1960 nickel valuable?

The value of coins is based on the rarity and conditions of the coins. The coins with good grades and high-level conditions are good value coins.

Does the 1960 nickel have a mint mark?

The mint mark on the coin is seen on the backside of the coins with Monticello. The Denver mint comes with a D mint mark on the backside. Philadelphia minted coins do not have a mint mark.

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