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Top 10 Rare Canadian Nickels

Here is my article on the Top 10 Rare Canadian Nickels that are very valuable and worth a lot of money.  Have you ever wondered what those old nickels you have in your change dish are worth?  Over its history, Canada has produced 2 kinds of 5 cent coins: a small silver type and a larger nickel type.

Silver 5 cent coins were produced from 1870 until 1921 and the nickel (later steel and steel plated) version was produced from 1922 until the present.  In general, it’s the rare silver 5 cent coins, like the so-called Prince of Canadian Coins (the 1921 5 cent coin), that get all the attention among collectors.  However, I’ve found that some of the rarest 5 cent nickel coins can fetch comparative prices to their silver counterparts.

***Do you have some coins that you think might be worth some money?  I get lots of questions about various coins.  Search for them using the search box at the top right hand side of this website.***

Here is my list of rare Canadian nickels that date from 1922-present.

Top 10 most valuable Canadian Nickels:

1926 Far 6

1926 far 6 top 10 rare Canadian nickels
Image courtesy of icollector.com

The 1926 far 6 is the “King of Canadian Nickels.”  Two versions of the 1926 5 cent coin exist and what sets them apart has to do with the position of the number “6” in relation to the maple leaf above it.

The more common type is referred to as the “near 6” because the number 6 is nearly touching the maple leaf.  With the so-called “far 6” version the number 6 is farther away from the maple leaf.  It is quite rare and low end examples can fetch a few hundred bucks and high end mint state examples can sell for as much as $10,000!

1951 High Relief

1951 high relief 5 cents top 10 rare Canadian nickels
Image courtesy of icollector.com

2 varieties of the 1951 12-sided, steel beaver nickel were made.  The vast majority of them were of the “low relief” variety and a small number of “high relief” coins were struck by mistake.

The easiest way to differentiate between the two varieties is by looking closely at the letter “A” in “GRATIA” on the obverse side of the nickel.

If the “A” points to a rim denticle, then it is the high relief variety and could be worth several thousands of dollars depending on its condition.

1953 No Shoulder Fold (NSF) Near Maple Leaf

1953 NSF near
Image courtesy of icollector.com

In 1953 there were 2 types of obverse (monarch side of coin) and 2 types of reverse (beaver side) varieties for the 12-sided, steel beaver nickel.  For the obverse, the distinguishing feature here is that on a high relief version, there is “no shoulder fold” visible on the Queen’s gown.

The mint corrected this by introducing a low relief “shoulder fold” version that same year.  The easiest way to tell the two versions apart is by looking at the lettering in the “DEI” in DEI GRATIA on the back.  If the letters “E” and “I” are flared, then it is the NSF variety.  If those letters appear straight, then it is the SF variety.

For the reverse, the distinguishing feature has to do with the position of the maple leaf above the beaver.  Two varieties were made, one with the maple situated very close to the rim denticles and one where the maple leaf is farther away from the rim.

These modifications resulted in four different varieties of the 1953 nickel and two of those are extremely valuable.  The first is called the 1953 no shoulder fold (NSF) Near maple leaf.

Mint and near mint examples of these rare coins can sell at auction for between 2 and 4 thousand dollars.  The other rare variety appears below as number 5 on our list.

1965 Large Beads

1965 large beads detached jewel
Image courtesy of icollector.com

In 1965, the mint introduced an updated obverse design that featured a more mature looking Queen.  One design featured 138 large beads around the rim and the other featured 119 small beads around the rim.

The large beads variety is the valuable coin and it comes in 2 varieties: one where a jewel at the rear of the crown is detached and one where it is slightly attached.  Both are quite rare and can fetch several thousands at auction for mint state examples.

1953 Shoulder Fold (SF) Far Maple Leaf

1953 SF far
Image courtesy of icollector.com

This is the other rare 1953 nickel. It features a visible “shoulder fold” on the Queen’s gown and the letters “E” and “I” in “DEI” appear straight rather than flared.

On the beaver side of the coin, the maple leaf appears further from the rim (roughly centered between the rim and the beaver).

While these coins don’t quite command the premium of the 1953 NSF Near variety they are nonetheless quite rare and valuable.

They can fetch anywhere from about one to four thousand dollars at auction, depending (as always) on their condition.

1925 5 cents

1925 5 cents top 10 rare Canadian Nickels
Image courtesy of icollector.com

Up to this point on our list of rare Canadian nickels, we’ve seen coins that were rare and valuable because of some subtle change that set them apart from the millions of others that were made in a given year.

This is not the case with the 1925 nickel.  It’s just you’re garden variety rare date coin.  If you happen to find one of these in grandma’s change dish, it is definitely a keeper.

The mint made a little over 200,000 1925 nickels and this is the date missing from most nickel collections.  You can pick up a low grade 1925 nickel for about $100 and high end mint state examples will run you between $5k-$10k.

1947 Dot Nickel

1947 dot
Image courtesy of icollector.com

The story of the 1947 “dot” coins has to do with India’s independence in 1947. Up to that time, the Latin wording on the obverse side of the coin read: “GEORGIVS VI D:G REX ET IND:IMP:”.

This translated into George VI King and Emperor of India. When India gained independence, George VI was no longer emperor of India so this inscription needed to be removed.

There was a delay in getting the new dies to strike the 1948 coinage so to meet the demand for coins in early 1948 the mint struck 1947 coins with a small maple leaf next to the date.  Over time however, the maple leaf on the die deteriorated to the point where it simply produced a small dot next to the date.

These so-called “dot” coins are highly prized by collectors and the 1947 dot 5 cents is no exception.  Mid-grade examples can be purchased for $100-$300 and high end mint state examples can run anywhere from $1,000 to $2,500.

1926 Near 6 Nickel

1926 near 6
Image courtesy of icollector.com

While not as rare or as valuable as the “Far 6” variety, the 1926 Near 6 is still a tough coin to find in its own right.

Mid-grade examples sell for between $50 and $100, while high end mint state examples can fetch a couple of thousand at auction.

1938 5 cents

1938 5 cents
Image courtesy of icollector.com

Under 4 million 1938 5 cent coins were made and it is a key date for the collection.  Low end examples are relatively easy to find.

In fact I’ve found at least one in my change when I was a kid.  High end mint state examples will run anywhere from about $100 to $1,000.

1948 5 cents

1948 5 cents
Image courtesy of icollector.com

The final coin on this list of rare Canadian nickels is the 1948 5 cents.  As we discussed in the section on the 1947 dot 5 cent coin, the dies for the 1948 coinage were not available until later in the year so the mint only produced about 1.8 million 1948 nickels.

Again, I’ve found a few in my change so they’re not super rare, but higher end mint state examples can sell for a few hundred dollars at auction.

Do You Have Any Rare Coins?  What Are They Worth?

***Do you have some coins that you think might be worth some money?  I get lots of questions about various coins.  Search for them using the search box at the top right hand side of this website.***

For more information about Rare Canadian coins check out these titles from Amazon:

James A. Haxby’s A Guide Book of Canadian Coins

See Also 2019 Charlton Coin Guide 58th Ed.

Protect and Preserve Your Coins

It’s no secret that the most valuable coins are ones that are well preserved.  I highly recommend using the individualized 2×2 coin holder.  I’ve used them for years for my own coins and they can be kept in a special coin album.

I hope you enjoyed this article on the top 10 Rare Canadian Nickels and don’t forget to check out my other articles on rare coins and investing in coins:

Top 10 Rare Canadian Coins

Investing in Rare Coins

Rare Canadian Quarters

Top 10 Rare Canadian Pennies

Top 10 Rare Canadian Nickels

Top 10 Rare American Coins

Modern Rare Canadian Coins

The Thousand Dollar Bill

Rare Victorian Quarters

Top 10 Silver Bullion Coins

Top 10 Gold Bullion Coins

Thanks for reading this article on the top 10 rare Canadian nickels that are valuable.

Derek fureal

Wednesday 21st of March 2018

I was looking through some of my Canadian coins (nickels) and while doing so, I passed a magnet by them. When I did this all of the nickels lunged at the magnet. That is, all of them except for one. 1985 is the year. I compared this coin, visually, with the others and everything seems to be identical to the others. Does anyone have any insight for me on this?

P. Thomaschewski

Thursday 15th of February 2018

I have a George 7th penny 1920 fair shape a George 5th 5 cent 1920 poor shape a George 5th 1913 $5.00 gold coin good shape. What are these worth?

P. Thomaschewski

Wednesday 28th of February 2018

Thank you.

GenXinvestor

Wednesday 28th of February 2018

Hi, 1920 penny and nickel won't be worth much...1920 pennies are very common and same with 1920 nickel. with the nickel you're basically looking at silver value so probably about $1. If the date is readable, a little more but not above $5. The 1913 $5 gold coin is worth the gold value (a quarter ounce), so about $450 (which is the value of the coin in EF-Condition).

Brigette

Tuesday 30th of January 2018

Hi, I have a 1935 Nickle -1951, 1954,1956,1960 1961 nickle -1867-1967 nickle -1985 50 cent coin 1534-1984 Jacques Carter dollar coin Would any of these coins possibly be worth anything??

GenXinvestor

Wednesday 31st of January 2018

Hi Brigette, none of those are worth anything to collectors. If the 1951 nickel is the refinery it's not worth much, but if it's the beaver coin and is the high relief version that appears here in my article, then it would be worth several hundred or even thousands if it's in a high grade.

kim

Wednesday 24th of January 2018

I think I have the 1951 12 side high relief. Where can I get a confirmation. I also have a 1919 nickel and what to know its value Non-circulation on all the collection. thanks Kim

GenXinvestor

Wednesday 31st of January 2018

Hi Kim, you could take them in to a local coin dealer and have them take a look. If they confirm that it's a high relief you may be able to sell it to a dealer or auction it off on eBay.

Rosemary Mclaughlin

Tuesday 9th of January 2018

I have a canadian 5 cent from 1933 ,1942,1943,1944,1945,1948 and a 1751-1951 nickel , is it worth my while to investigate their worth? Any help would be appreciated

GenXinvestor

Saturday 13th of January 2018

1942 and 1948 could be worth a few bucks if they are in great shape, but overall I'd say they're great keepsakes but not really worth much.

Comments are closed.