This 1971 Jefferson Nickel Is Worth Upwards of $2,000 — What Makes It Valuable?

If you have a 1971 Jefferson nickel, hold on to it — it could be worth a couple thousand dollars.

As CoinWeek noted, by late 1970, the Proof Jefferson nickel master dies had worn to the point that they lacked fine detail. 

One result of the recutting and redesigning process was that the 1971-S Nickel ended up with many versions, according to CoinWeek. 

For example, on one of those designs, dubbed ODV-021, the T and R in “trust” on the front of the nickel are slightly thinner than normal.

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On the reverse, there are two varieties: RDV-005 and RDV-006, both of which refer to the redesigned Monticello.

On RDV-005, the rooftop railings of Monticello are low relief, and on RDV-006 they are much stronger.

If you have a 1971 Jefferson nickel, hold on to it — it could be worth a couple thousand dollars.

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