At first glance, a 2016 nickel may seem like just another coin in your pocket. However, certain factors—such as minting errors, high grades, and special varieties—can make some of these nickels worth more than face value.
Whether you’re a casual collector or just curious about the change in your hand, knowing what to look for can help you spot a valuable 2016 Jefferson nickel.
2016 Jefferson Nickel Design
The Jefferson nickel series has been in circulation since 1938, honoring President Thomas Jefferson.
- Obverse (Front): Designed by Jamie Franki, the coin features a modern, forward-facing portrait of Jefferson.
- Reverse (Back): Shows Monticello, Jefferson’s historic Virginia home, a design element that has been a staple of the series.
Mint Locations – Where Was Your Nickel Made?
The U.S. Mint produced 2016 nickels at three locations:
- Philadelphia Mint – No mintmark
- Denver Mint – “D” mintmark
- San Francisco Mint – “S” mintmark (for proof coins only)
Most 2016 nickels are common, but those with high grades or rare errors can be valuable.
What Affects the Value of a 2016 Nickel?
The condition, mintmark, and possible errors all determine a coin’s worth.
High-Grade Coins
A nickel in excellent condition can be worth more than just five cents.
- MS65 or Higher: Coins graded MS65 or above (Mint State) by professional grading services like PCGS or NGC can sell for $10 to $20.
- Full Steps (FS) Designation: A 2016 nickel with clear, well-defined steps on Monticello’s reverse is rarer and commands a higher premium.
2016 Nickel Minting Errors and Their Value
Minting errors make some 2016 nickels unique and much more valuable than regular ones.
Common 2016 Nickel Errors
- Off-Center Strikes – A misaligned strike causes part of the design to be missing.
- Die Cracks – Visible cracks or lines appear due to damaged minting dies.
- Doubled Die Errors – The coin shows double images on letters or numbers.
How Much Are 2016 Error Nickels Worth?
- Minor errors can sell for $20 to $50.
- Major errors, such as off-center strikes over 50%, can bring $100 or more.
San Francisco Proof Nickels – Collectible Versions
Proof nickels, made at the San Francisco Mint, are different from regular nickels.
- They have sharper details and a mirror-like finish because they are specially made for collectors.
- A high-quality proof coin is worth around $5 to $10 or more, depending on its condition.
What to Look for in a Valuable 2016 Nickel
If you think you have a valuable 2016 nickel, check for these features:
- Mintmark – Look for a “D” (Denver) or “S” (San Francisco).
- Condition – Coins with sharp details and no wear are worth more.
- Full Steps – Count the steps on Monticello’s image. The more visible, the better.
- Errors – Check for doubling, cracks, or off-center strikes.
Should You Keep Your 2016 Nickels?
Most 2016 nickels are only worth face value. However, if you find one with an error, high grade, or proof finish, it could be worth keeping or selling.
Some collectors specifically look for Full Steps nickels or rare minting mistakes, which can bring in $50, $100, or more.
Check your pocket change—you might have a hidden treasure in your hands!
