Bidding Starts At A Million + .....double Headed 1964 Nickel On Ebay.

I don;t know how much a full brockage 1964 Jefferson nickel is worth, but full brockage large cents and Half Cents seldom go for more than $2,000, usually a little over $1,000. I really can't see a 1964 broackage nickel going for that much. I think the $600 figure is probably reasonable.

I was going to put in a bid and then I saw that is was just XF45.

You're comparing apples and oranges. An error coin, which may be unique, is not on the same level as intentionally struck issues when it comes to demand. Nobody would view a Jefferson nickel set as incomplete simply because it didn't have this particular error.



While this coin is likely unique for 1964 Jefferson nickels and perhaps all Jefferson nickels, unique doesn't equal most valuable in this case.



It got past QC and left the mint. Whoever has it owns it. There's nothing that would justify the US government confiscating it because it was not taken illegally. If so, they would have claim to all errors and even non-errors that they decided they want. It would be awesome if you would buy it, but I'm pretty sure that intentionally defacing US coinage is a crime, though I don't think that law is really enforced.

How low would the mintage have to be before it would affect the value of this coin?

It's not a 500 dollar coin and it already has been authenticated by NGC. Just because others exist in other coins doesn't matter, what matters is how many of that date and mint mark exist that are like that. Errors are a completely different animal. Is it a million dollar coin no, but it almost certainly is a 5 figure coin or very close to it and would probably sell almost instantly in the mid to high 4 figures.




600 is way to low. Modern errors are rarer than early copper ones. There's plenty of examples of modern errors getting over 5k and even a modern full brockage over 10k that sold in last two years. Early copper errors and differences are pretty common, modern coins they are not. Even that said there's examples of early copper errors getting close to 10k.




Defacing coins is legal just melting some like pennies and nickels isn't, hence the roll a penny machines at zoos and truck stops etc.




Ironically for errors being a key-date is usually a value hindrance. People looking for key dates generally don't want errors and error collectors generally want to pay for the error and it's significance not the date.

In this case it may be okay anyway since its a major error, but minor errors on key dates really get hurt in the market.

If you mean a die (incuse) that created a raised and reversed image, the only way to do it would be to start with a hub that had a raised and reversed image. Or deliberately hand cut a die that would produce a raised and reversed image. With todays computer cutting of dies you could start with the regular design and have the computer reverse the depth so what would be the high points were the low points when it cut the hub. That would give you a die that would produce raised reversed images.

I wouldn't even pay over $200 for that coin.