Which 5-cent coins are worth thousands?

Millions of coins of various denominations circulate in the United States every day, and some of these can be worth hundreds or thousands of dollars.

Five-cent coins, also known as nickels, are among the most common types of currency in the United States. However, certain nickels can be worth significantly more than their face value, especially if they possess unique characteristics or are part of limited-edition series.

According to the U.S. First Exchange portal, the value of a coin is primarily determined by three key factors: rarity, condition/grade of the coin, and demand for that particular specimen.

Here's a closer look at the specific characteristics of nickels that can fetch up to $1,100 in value.

READ ALSO: 25-cent coins worth up to $40 million

Which 5-cent coins are worth thousands?

As part of the commemoration of the bicentennials of the Louisiana Purchase and the Lewis and Clark Expedition in 2004 and 2005, the United States Mint honored the occasion with the production of the five-cent coins in the Westward Journey series. The final coin in this series was the Ocean in View coin.

The design of the obverse features an image of Thomas Jefferson, which is based on the marble bust by French sculptor Jean-Antoine Houdon, completed in 1789, but was adapted to his presidential age. The obverse also includes the inscriptions IN GOD WE TRUST, LIBERTY, and 2005. The inscription “Liberty” is based on Jefferson’s own handwriting. The face of the coin also includes the mint mark, which indicates which Mint produced it. In this case, a letter ‘D’ is visible, for Denver.

Coming to the value of these coins, one of the Ocean in View nickels, if found in good condition, can be sold for up to $1,100, as per the price guide from the Professional Coin Grading Service.

Depending on the grade, the amount you could receive for an ‘Ocean in View’ nickel ranges from $5 for an MS-63 coin to $1,100 for an MS-67 coin, which is rarer.

READ ALSO: Goodbye to Social Security payments in December

What to do if you have a valuable coin and where to sell it

If you believe you have one of these coins or another example that may meet the criteria of rarity, good condition and high demand, you can take it to a pawn shop or auction house where they might evaluate it and give you something in return.

Related stories

LOTTERY

Tuesday's winning Mega Millions numbers

US Elections

Blank vote and abstentionism in the United States

You can also search for specialized Facebook groups or check eBay.

On the Professional Coin Grading Service website you can also consult the specimens in detail and how much they have been sold for according to their condition.