Price Guide for 1994 Nickel Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceUncirculated: $15.00 – $1,725.00
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eBayUncirculated: $9.00 – $1,450.00
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PCGS Price GuideUncirculated: $24.00 – $575.00
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3rd Party PriceUncirculated: $7.00 – $223.25
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eBayUncirculated: $0.99 – $1,356.00
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PCGS Price GuideUncirculated: $2.00 – $1,750.00
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3rd Party PriceUncirculated: $10.00 – $729.00
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eBayUncirculated: $0.99 – $175.00
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PCGS Price GuideUncirculated: $2.00 – $1,850.00
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3rd Party PriceUncirculated: $36.00 – $222.00
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eBayUncirculated: $5.50 – $380.00
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PCGS Price GuideUncirculated: $1.00 – $115.00
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3rd Party PriceUncirculated: $25.00 – $336.00
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eBayUncirculated: $6.50 – $237.06
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PCGS Price GuideUncirculated: $1.00 – $37.00
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3rd Party PriceUncirculated: $7.00 – $431.00
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eBayUncirculated: $0.01 – $54.00
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PCGS Price GuideCirculated: $3.00Uncirculated: $3.00 – $30.00
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3rd Party PriceCirculated: $144.00Uncirculated: $7.00 – $891.00
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eBayUncirculated: $12.70 – $376.10
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PCGS Price GuideUncirculated: $12.00 – $450.00
Design and Specifications of the 1994 Nickel
The 1994 Jefferson Nickel continues the long-standing design introduced in 1938. This year marked the 251st anniversary of Thomas Jefferson’s birth, adding a subtle historical significance to the coins minted during this period. The Jefferson Nickel design remained largely unchanged since its inception, serving as a testament to its enduring appeal and historical importance.
| Weight | 5.0 grams |
|---|---|
| Diameter | 21.21 mm |
| Mint Marks | P, D |
| Composition | 75% copper, 25% nickel |
| Obverse Design | Portrait of Thomas Jefferson facing left, designed by Felix Schlag |
| Reverse Design | Monticello, Jefferson's home, designed by Felix Schlag |
Rarity Factors and Value Drivers
Condition plays a crucial role in determining the value of 1994 Nickels. While these coins are common in circulated grades, high-grade uncirculated specimens can command premium prices. Coins in MS65 and above are particularly desirable to collectors.
Key factors affecting condition include:
1. Strike quality: Well-struck coins with sharp details, especially on Monticello’s steps, are more valuable.
2. Luster: Coins with original mint luster are highly prized.
3. Surface preservation: Absence of contact marks, scratches, or other blemishes increases value.
Mintage: 1,217,542,000
Rarity Scale: Common
Circulation Status: Widely Circulated
Preservation Rarity: Common in grades up to MS66, scarce in MS67 and above
Varieties Errors: None significant
Market Demand: Low, primarily of interest to date and mint mark collectors
Mintage: 1,419,940,000
Rarity Scale: Common
Circulation Status: Widely Circulated
Preservation Rarity: Common in grades up to MS66, scarce in MS67 and above
Varieties Errors: None significant
Market Demand: Low, primarily of interest to date and mint mark collectors
While the 1994 Nickel is generally common, certain factors can enhance its value:
1. Full Steps: Coins with fully visible steps on Monticello are rarer and more valuable.
2. Die varieties: Although no major varieties are known for 1994, any discovered could be of interest to collectors.
3. Toning: Nicely toned specimens, especially those with attractive rainbow colors, can command a premium.
4. Error coins: Off-center strikes, doubled dies, or other mint errors, while rare, could significantly increase value if discovered.
Overall, the 1994 Nickel’s value is primarily determined by its condition, with exceptional specimens being of most interest to advanced collectors and numismatists.
