You might wonder if you can find a good coin with one of the famous 1957 nickel errors. The value of a 1957 nickel depends on its condition and whether it’s a true error or a common damage. These errors are relatively rare and can fetch hundreds of dollars. Most of these coins are not real errors but are simply pieces that have suffered post-mint damage. If you’re looking to find a valuable coin with an error, it’s best to search for a crisp and detailed example.
There are several types of errors that you can look for in a 1957 nickel. A die crack, or cud, is a large break that appears on the rim section of the coin. The value of a 1957 nickel with a die cud can range from a few dollars to $150. The mintmark may be doubled or tripled on some coins, or it could be placed sideways under a prominent one. Other errors include a cud, a broad flattish bump that attaches to the rim of the coin.
The history of the 1957 nickel traces back to the American Civil War, when widespread panic and hoarding of gold, silver, and other precious metals led to widespread coinage shortages. During the war, the Mint could not produce enough coins to meet the demands of the public, which meant that coins almost disappeared overnight. During this period, coinage was necessary to conduct simple daily transactions. This is why there are so many varieties of 1957 nickels.