2022 Nickel Value:
What Is Yours Worth?

A single 2022 Jefferson nickel sold for $905 at auction — a PCGS-graded MS67+FS specimen with perfect Full Steps. Most 2022 nickels you'll find in change are worth exactly five cents, but knowing the difference starts with the Monticello steps on your reverse.

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$905
All-time auction record
(PCGS MS67+FS, eBay 2023)
1.55B
Total 2022 nickels struck
(P + D + S combined)
10+
Doubled Die Reverse varieties
documented for 2022-P alone
6FS
Rarest Full Steps tier — six
unbroken steps on Monticello
$0.05
Face value (most circulated)
$2–$12
Standard uncirculated range
$20–$50
MS65–MS66 with Full Steps
647K
2022-S proof mintage

Free 2022 Nickel Value Calculator

Select your mint mark, condition, and any errors to get an instant value estimate.

Step 1 — Mint Mark
Step 2 — Condition
Step 3 — Known Errors / Varieties (check all that apply)

If you're not sure which mint mark, condition tier, or errors apply to your coin, there's a 2022 Nickel Coin Value Checker free tool that lets you upload photos and get an AI-assisted assessment before you select the options above.

Full Steps (FS) Self-Checker

The Full Steps designation is the single biggest value multiplier on a 2022 Jefferson nickel. Use this checker to evaluate whether your coin has it.

2022 Jefferson nickel obverse and reverse showing mint mark location

❌ No Full Steps (Common)

What you see: Steps beneath Monticello's columns are blurry, merged together, or broken by a nick or contact mark. At least two step lines show interruptions when viewed under 10× magnification.

Typical value (MS65): $10 – $12

✅ Full Steps — 5FS / 6FS (Rare)

What you see: Under 10× magnification, five or six horizontal step lines run completely uninterrupted from the left edge to the right edge of Monticello's base. No nicks, no weakness, no merging.

Typical value (MS65 FS): $20 – $30+

Side-by-side comparison of 2022 nickel Monticello steps — weak steps vs Full Steps designation

Check each point with a 10× loupe:

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The Valuable 2022 Jefferson Nickel Errors: Complete Guide

Out of the 1.55 billion 2022 nickels struck at Philadelphia and Denver, a small percentage carry mint-made errors that collectors actively pay premiums to acquire. Each variety below has been documented by numismatic researchers, with values drawn from verified market data. Click a variety name in the sidebar to jump straight to its card.

2022-P nickel Doubled Die Reverse (DDR) showing doubling on reverse inscriptions

2022 Nickel Doubled Die Error (DDO / DDR)

Most Famous
$10 – $50+

The doubled die error on 2022 Jefferson nickels occurs during the die-manufacturing process when the hub — the master positive used to sink a working die — impresses the design into the die face at slightly different rotational angles across two or more hubbing strikes. The result is a die that carries a doubled impression, and every coin struck from it inherits the same overlapping design.

Researchers at Brian's Variety Coins have catalogued at least ten distinct Doubled Die Reverse (DDR) varieties for the 2022-P alone, designated WDDR-001 through WDDR-012. The most dramatic examples (WDDR-005, -008, -009, and -011 are flagged "Best Of") display notched or shelf-style doubling on the inscriptions "UNITED STATES OF AMERICA" and "E PLURIBUS UNUM" visible at 5× to 10× magnification. Obverse doubled dies (DDO) show separation on "IN GOD WE TRUST," "LIBERTY," the date digits, and the P mint mark.

Circulated doubled die 2022 nickels typically sell for $10–$20 depending on the strength of the doubling. Coins showing simultaneous obverse and reverse doubling command the strongest premiums. High-grade uncirculated examples with bold DDR doubling and the Full Steps designation can reach $50 or more.

How to spot it

Under a 10× loupe, examine the reverse inscriptions "UNITED STATES OF AMERICA" and "E PLURIBUS UNUM" for notched or shelf-like letter edges. On the obverse, check "LIBERTY" and the date digits for a distinct secondary impression offset from the primary.

Mint mark

Primarily P (Philadelphia). At least ten DDR varieties documented for 2022-P; DDO varieties also documented for 2022-P issues.

Notable

WDDR-005, -008, -009, and -011 carry "Best Of" status per Brian's Variety Coins listings. Circulated doubled die examples routinely appear on eBay in the $10–$20 range; strong multi-variety examples (both DDO and DDR together) have realized premiums toward $50.

2022-P nickel die clash 'Peeping Tom' error showing ghost of Jefferson's portrait on reverse beneath Monticello

2022 Nickel Die Clash Error — "Peeping Tom"

Most Dramatic
$7 – $20+

A die clash happens when the obverse and reverse dies strike each other without a planchet between them. Each die picks up a mirror impression of the opposing die's design. On the 2022-P nickel, this produces the nicknamed "Peeping Tom" variety: Jefferson's portrait outline becomes faintly visible in incuse beneath Monticello's steps on the reverse, giving the illusion that Jefferson is peering out from under his own home.

Simultaneously, traces of Monticello's architectural detail — including faint arch shapes — appear across Jefferson's cheek and jaw area on the obverse. The two-sided nature of the clash makes it easy to confirm: if you see both a ghost portrait on the reverse AND architectural ghosting on the obverse, you have a genuine die clash rather than a surface abrasion or post-mint damage. The clash must be checked under a 5× to 10× loupe; severe examples are visible to the naked eye under raking light.

Standalone die clash 2022 nickels typically sell for $7–$12 in circulated or lower mint state grades. Coins that combine a die clash with a doubled die variety are among the most desirable 2022 error combinations and have traded for $10–$20 or more depending on the strength of both effects and the coin's overall condition.

How to spot it

Use a 10× loupe and raking light. On the reverse, look beneath Monticello's steps for a faint incuse outline of Jefferson's left profile — hair, nose, and chin are the most visible elements. On the obverse, check Jefferson's cheek and jaw for faint raised arch shapes from Monticello.

Mint mark

Primarily P (Philadelphia) for documented "Peeping Tom" examples. Die clash events can occur at any mint when a press runs without planchets.

Notable

The "Peeping Tom" nickname is widely used in the Jefferson nickel collecting community. Coins combining a die clash with a DDR variety (documented by CoinValueChecker researchers) have realized $10–$20 at auction. The effect is more dramatic on higher die-state examples struck early after the clash event.

2022-P nickel die chip 'Spear in Nose' error showing die chip at Jefferson's nose on obverse

2022 Nickel Die Chip Error — "Spear in Nose"

Best Kept Secret
$10 – $25

Die chip errors occur when repeated striking pressure causes a small piece of hardened die steel to fracture away from the working die face, leaving a void. The metal in the next coin struck fills that void, producing a small raised lump or spike on the coin's surface exactly where the chip was lost. The "Spear in Nose" is the most colorfully nicknamed 2022 die chip variety — found on 2022-P nickels, the chip causes a sharp protrusion that appears to pierce Jefferson's nose on the obverse portrait.

Unlike a doubled die, which is a die-making defect repeatable across every coin from that die, die chip errors can vary in intensity as the chip grows larger or partially heals with subsequent strikes. Early die state "Spear in Nose" coins show a sharp, well-defined protrusion; late die state examples may show a broader, more worn chip impression. The most dramatic early die state examples carry the strongest collector premiums. Researchers have also documented a separate "Scarred Eye" die crack variety on 2022 nickels where a fracture runs vertically across Jefferson's eye.

The "Spear in Nose" is one of the most affordable 2022 nickel errors to collect. Examples in circulated condition typically add a modest premium over face value, while uncirculated examples with a sharp, well-defined chip can sell for $10–$25 depending on grade and the drama of the error. It is also catalogued as among the more affordable of all 2022 nickel error types.

How to spot it

Examine Jefferson's nose under a 10× loupe for a small raised protrusion or spike emanating from the nostril area. A genuine die chip produces a sharp, raised metal blob — not a scratch or gouge. Rotate the coin under raking light: the chip will cast a tiny shadow when viewed at an angle.

Mint mark

P (Philadelphia) for documented "Spear in Nose" examples. Die chip varieties can arise on any working die at any mint facility.

Notable

The "Spear in Nose" is described by CoinValueChecker as among the most affordable 2022 nickel errors, making it accessible to beginning variety collectors. A related die crack variety on 2022 nickels, the "Scarred Eye," shows a vertical fracture through Jefferson's right eye — similarly collectible and found alongside die chip pieces on the same die pairs.

2022-D nickel improperly annealed planchet error showing dark brownish discoloration across surfaces

2022-D Nickel Improperly Annealed Planchet

Rarest
$15 – $30

Before nickel blanks are struck into coins, they pass through an annealing furnace that softens the metal alloy, making it more ductile and receptive to striking pressure. Proper annealing requires precise temperature control and a carefully timed passage through the furnace. When a planchet is inadequately heated (under-annealed) or heated too aggressively or unevenly (over-annealed), the resulting metal composition and surface chemistry diverge from a normal planchet.

On 2022-D nickels, the most striking manifestation of improper annealing is a dramatic dark brown or black discoloration that replaces the normal silvery copper-nickel luster across the coin's surfaces. The discoloration results from oxidation of the copper component of the 75% copper / 25% nickel alloy when surface chemistry is disrupted by abnormal heat exposure. The effect can be uniform across the entire coin or concentrated in splotchy patches, depending on how the heat was distributed during the annealing error.

Improperly annealed planchet errors are conditionally rare because the Mint's quality control systems catch most abnormally colored blanks before they are struck. The examples that do enter circulation represent a genuine escape from the production process. Collectors value them for the dramatic visual contrast with a normal coin. Documented 2022-D examples are typically valued at $15–$30, with the most dramatically discolored examples commanding the higher end of the range.

How to spot it

The error is immediately visible without magnification: the coin displays dark brown, brownish-black, or mottled patches across one or both surfaces instead of the normal bright silvery luster. Examine under natural daylight to confirm the discoloration is in the metal surface, not a post-mint stain or cleaning residue — stains typically sit on the surface while annealing errors penetrate into the alloy.

Mint mark

D (Denver) — documented improper annealing examples for the 2022 issue are specifically on Denver Mint nickels per CoinValueChecker research.

Notable

Improperly annealed planchet errors are valued at $15–$20 per CoinValueChecker data. The visual drama of a near-black nickel makes these easy to identify and photograph, which helps them sell well online. Buyers should distinguish genuine annealing errors from chemically cleaned or artificially toned coins; a professional attribution by ANACS or PCGS is recommended for coins valued above $25.

2022 nickel strike-through error showing a blurry or missing design area caused by debris between die and planchet

2022 Nickel Strike-Through Error

Most Varied
$15 – $50+

A strike-through error occurs when a foreign object — die grease, fabric fiber, a metal chip, or other debris — becomes lodged between the working die and the planchet at the moment of striking. The debris acts as a barrier, preventing the die from fully impressing the design into the coin's surface in that area. The result is a coin with a deliberately blurry, flat, or completely missing section of design, ghost-like in appearance, corresponding to the size and shape of whatever was trapped.

The 2022 nickel issue exhibits several varieties of strike-through. Grease-filled die strike-throughs are the most common: the die's recessed letters become clogged with press lubricant over many strikes, and the affected coins show blurred or missing lettering. More dramatic examples involve fibrous or hard foreign material that creates sharp-edged voids in the design. For proof coins, the 2022-S also exhibits grease strike-through errors, which are especially rare given the San Francisco Mint's rigorous quality control for proof production.

Values vary significantly by the size, location, and material involved in the strike-through. Minor grease-filled die examples affecting only a letter or two add a modest premium of $15–$20 over face value. Dramatic strike-throughs covering a large portion of the obverse or reverse — especially those caused by fabric or wire — can command $50 or more on the open collector market. On 2022-S proof strikes, even minor grease-through events can add $20–$50 to an already collectible proof coin.

How to spot it

Look for areas of the design that appear flat, blurry, or completely absent — as if the die never touched that area of the coin. Under a 10× loupe, a genuine strike-through shows smooth metal in the affected zone (the debris prevented the die's detail from transferring), distinguishing it from post-mint damage which typically shows directional scratches or raised metal edges.

Mint mark

P (Philadelphia) and D (Denver) for circulation strikes. S (San Francisco) proof examples exist and carry a higher premium due to the San Francisco Mint's strict quality standards.

Notable

The 2022-S proof strike-through is documented by jewelhd.com researchers as extremely rare within the proof series, potentially adding $20–$50 to the coin's base proof value. For circulation strike examples, larger strike-throughs covering major design elements have sold on eBay in the $20–$50 range; multi-error pieces combining a strike-through with a die variety have realized $225 per CoinValueChecker research.

2022 Jefferson Nickel Mintage & Survival Data

2022 Jefferson nickels from Philadelphia, Denver, and San Francisco mints shown side by side
Mint Mint Mark Type Mintage
Philadelphia P Circulation Strike 769,920,000
Denver D Circulation Strike 777,600,000
San Francisco S Proof (collector sets only) ~647,021
Total Combined Mintage (all mints) ≈ 1,548,157,506

Composition specs: 75% Copper / 25% Nickel · Weight: 5.000 g · Diameter: 21.2 mm · Edge: Plain (smooth) · Designer: Felix Schlag (obverse original 1938), updated portrait by Jamie Franki. Monticello reverse has remained largely unchanged since 1938.

Survival note: Because over 1.5 billion 2022 nickels were struck, circulated examples survive in enormous numbers. True scarcity only emerges at the highest uncirculated grades (MS67 and above) and among coins that also carry the Full Steps designation. The 2022-S proof, at under 650,000 pieces, is the genuinely low-mintage issue in the series.

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Describe Your Coin for a Detailed Assessment

Not sure which checkboxes to select? Describe your coin in plain language — mention the mint mark, what the steps look like, any unusual marks — and get a tailored analysis.

Mention these things if you can

  • Mint mark (P, D, or S)
  • Condition (worn, uncirculated, proof)
  • Are the Monticello steps clear?
  • Any doubling on inscriptions?
  • Any unusual marks or discoloration?

Also helpful

  • Where did you get the coin?
  • Is the coin in a PCGS/NGC slab?
  • Does the nose area look unusual?
  • Any ghost images visible on reverse?
  • Coin's color (silvery, dark, toned)?

2022 Nickel Value Chart at a Glance

For a thorough in-depth breakdown of every 2022 Jefferson nickel variety with photo identification, consult this complete 2022 nickel identification guide and value reference covering all grades. The summary table below reflects verified market data from PCGS, NGC, and recent eBay auction records.

Variety Worn / Circulated About Uncirculated Uncirculated (MS60–65) Gem (MS66+)
2022-P (no FS) $0.05 $0.30 – $0.60 $2 – $12 $15 – $25
2022-D (no FS) $0.05 $0.30 – $0.60 $2 – $12 $15 – $25
⭐ 2022-P Full Steps (FS) N/A $20 – $30 $35 – $905+
⭐ 2022-D Full Steps (FS) N/A $20 – $30 $35 – $83+
2022-S Proof DCAM N/A N/A N/A $10 – $15
🔴 2022 Doubled Die (DDR) $10 – $20 $15 – $25 $20 – $50+ $50+
2022 Die Clash ("Peeping Tom") $7 – $12 $10 – $15 $10 – $20 $20+
2022 Strike-Through $15 – $25 $20 – $35 $25 – $50 $50+

⭐ = Signature Full Steps variety (gold row)  |  🔴 = Rarest documented variety (red row). Values are ranges based on verified auction data; individual coins may vary by grade, eye appeal, and certification status.

📱 CoinKnow is a fast, on-the-go way to snap a photo of your 2022 nickel and get an instant estimated value — a coin identifier and value app.

How to Grade Your 2022 Jefferson Nickel

2022 Jefferson nickel grading strip showing four condition tiers from worn to gem uncirculated
Good – Fine (G4–F12)

Worn

Jefferson's facial features are flat and smoothed. Hair above the ear is merged. Monticello's steps are nearly invisible. Rim is complete but worn. Value: face value (five cents) for most dates.

VF – AU (VF20–AU58)

Circulated

Jefferson's hair retains some detail above the ear. Cheekbone shows a trace of wear. Monticello's triangular roofline and columns are visible. AU coins retain 50–90% original luster. Value: $0.30 – $0.60.

MS60 – MS65

Uncirculated

No trace of wear anywhere. Full original mint luster. Bag marks and contact marks may be present (more tolerated at MS60–MS63). Steps on Monticello may or may not be fully struck. Value: $2 – $12 without FS; $20 – $30 with FS.

MS66 – MS68

Gem

Exceptional luster with only minor contact marks. At MS67 and above, surfaces must be virtually mark-free. The Full Steps designation (5FS or 6FS) is the key additional qualifier at gem grades. Value: $15 – $50 without FS; $35 – $905+ with FS.

Pro Tip — The Step Count Matters More Than the Grade Number: A 2022 nickel graded MS65 without Full Steps is worth $10–$12. The same MS65 with Full Steps is worth $20–$30. At MS67, the gap is even wider: the non-FS example may trade for $20–$30, while an MS67 FS can fetch $50–$100 or more. Always examine the Monticello steps under a 10× loupe before assigning value — they are more important than any other grading factor on this coin.

🔍 CoinKnow lets you cross-check your condition assessment against thousands of graded examples in its database — a coin identifier and value app.

Where to Sell Your Valuable 2022 Nickel

The right venue depends entirely on what your coin grades and whether it carries the Full Steps designation or an error variety.

🏛️ Heritage Auctions

The premier U.S. numismatic auction house. Best for high-grade, certified specimens — MS67 FS or better, or significant multi-error coins. Heritage's Jefferson nickel specialist collectors bid aggressively on top-graded material. Expect 15–20% buyer's premium on the buyer side; seller's commissions vary. Minimum lot values apply — not suitable for coins under $50.

🛒 eBay

The most liquid marketplace for all grades of 2022 nickels — from $2 raw uncirculated coins to slabbed MS67 FS examples. Before listing, check recently sold 2022 D nickel FS prices and completed listings to price your coin accurately. "Sold" filters on eBay also provide real-time comps. For certified coins, eBay typically achieves within 10–20% of Heritage results with far lower fees.

🏪 Local Coin Shop

Fast, immediate cash. Ideal for bulk collections or lower-grade coins where auction fees would eat the margin. Expect 50–70% of retail value — dealers need a margin to resell. For a common circulated 2022 nickel worth face value, a coin shop is your only realistic buyer other than face value. For uncirculated rolls or error coins, shop around — prices vary significantly.

💬 Reddit r/Coins4Sale

A free peer-to-peer marketplace with zero seller fees. Effective for mid-range coins ($5–$50) where auction fees aren't justified. Post clear, well-lit photos showing both sides and the steps. The Jefferson nickel collector community is active on Reddit and responds quickly to Full Steps material. PayPal Goods & Services provides buyer/seller protection.

💡 Get It Graded First: For any 2022 nickel you believe is MS66 or higher — especially with Full Steps — professional grading by PCGS or NGC is strongly recommended before selling. A certified MS67 FS slab commands dramatically more than a raw coin of the same quality. The $905 record-holder was a certified PCGS MS67+ FS slab. Grading fees typically run $30–$50 per coin; for a coin worth $50–$100+, the certification pays for itself many times over.

Frequently Asked Questions — 2022 Nickel Value

What is the 2022 nickel worth in circulated condition?
Most circulated 2022 Jefferson nickels — both the Philadelphia (P) and Denver (D) issues — are worth exactly face value: five cents. Because over 1.5 billion were struck between the two mints, circulated examples are extraordinarily common. Unless a circulated coin carries a dramatic error like a doubled die or a significant die clash, it will not trade above five cents in any meaningful way.
What does 'Full Steps' mean on a 2022 Jefferson nickel?
The Full Steps (FS) designation is awarded by PCGS and NGC when the six steps at the base of Monticello's portico on the reverse are fully struck and completely unbroken. PCGS uses a single FS label; NGC distinguishes 5FS (five complete steps) from 6FS (six complete steps). This designation can multiply a coin's value many times — a standard MS65 is worth $10–$12, while an MS65 FS can be worth $20–$30 or more.
What is the highest recorded price for a 2022 nickel?
The top documented auction record for any 2022 Jefferson nickel is $905, achieved on January 29, 2023, for a PCGS MS67+FS (plus grade) specimen sold on eBay. This price reflects the extreme conditional rarity of a coin that simultaneously reached the MS67+ surface threshold AND earned the Full Steps designation — out of nearly 770 million Philadelphia examples struck, very few make it to that level.
How many 2022 nickels were made?
The Philadelphia Mint struck 769,920,000 circulation nickels in 2022 with the P mint mark. The Denver Mint struck 777,600,000 with the D mint mark. The San Francisco Mint produced approximately 647,021 proof specimens for collector sets only, bearing the S mint mark. Total production across all three facilities was approximately 1.548 billion coins.
Is the 2022-D nickel rarer than the 2022-P?
In overall mintage terms, the 2022-D (777,600,000) and 2022-P (769,920,000) are extremely close in production numbers. Neither is meaningfully rarer in circulated condition. In high uncirculated grades with the Full Steps designation, the 2022-P has historically shown slightly higher auction records, but in practice both dates are similarly available at the MS67 FS level.
What is the 'Peeping Tom' error on the 2022 nickel?
The 'Peeping Tom' is a nickname for a die clash error on 2022-P nickels where Jefferson's portrait outline is faintly visible beneath Monticello's steps on the reverse — making it look as though Jefferson is peeking out from under the building. Simultaneously, traces of Monticello's architecture appear across Jefferson's face on the obverse. Standalone examples typically sell for $7–$12; those combined with a doubled die can reach $10–$20.
How do I spot a doubled die on a 2022 nickel?
Look for overlapping or shadowed inscriptions under a 10× loupe. Researchers have documented at least ten Doubled Die Reverse (DDR) varieties for the 2022-P alone. The most dramatic examples show notched doubling on 'UNITED STATES OF AMERICA' and 'E PLURIBUS UNUM.' Obverse doubling can appear on 'IN GOD WE TRUST,' 'LIBERTY,' the date, and the mint mark. Circulated doubled die examples typically sell for $10–$20.
What is a 2022-S proof nickel worth?
The 2022-S proof Jefferson nickel was struck only at the San Francisco Mint as part of the annual proof set, with a mintage of approximately 647,021 pieces. Deep Cameo (DCAM) examples — featuring frosty devices against mirror-like fields — are typically valued around $12 in top grades. These are collector coins and were not released for general circulation.
What is the 'Spear in Nose' die chip error on a 2022 nickel?
The 'Spear in Nose' is a die chip error found on 2022-P nickels where a small piece of die steel broke away and left an impression resembling a spear piercing through Jefferson's nose on the obverse. Die chip errors occur when repeated striking stress causes the hardened die to fracture. The 'Spear in Nose' is one of the most colorfully nicknamed 2022 nickel varieties and adds a modest collector premium.
Where is the best place to sell a valuable 2022 nickel?
For high-grade or error specimens, Heritage Auctions and eBay are the two most effective venues. Heritage reaches a national pool of Jefferson nickel specialists, ideal for MS67 FS coins. eBay provides fast liquidity and a wide audience. For any coin worth more than $50, professional grading by PCGS or NGC first is strongly recommended, as a certified slab dramatically increases buyer confidence and typically achieves a higher sale price.

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