The most common mistake on a 1999 nickel is the strike being 70% off-center. These errors are called the “Beehive Error,” and they have the potential to generate incredible profits for collectors. These coins are struck in the K11:30 position, and they are authenticated by the ANACS. These coins are available in stock and ready for immediate shipment. To learn more about this error, read on. Let’s begin with a brief history of the 1999 nickel.
The Denver Mint was responsible for this mistake. An employee was trying to smooth out scuffs on the reverse of a nickel when he accidentally ripped off a buffalo leg. This error on the 1999 nickel was the most well-known and costly, and an uncirculated example is worth $2,500. In addition, “junky” examples of this coin can fetch as much as $500. Another common nickel error is an overdate coin. The obverse of this coin features an overdate, with the last digit of the previous year flipped over.
This type of mistake can occur at any point during the minting process. A common mistake is that a nickel, dime, or quarter was struck between the wrong size planchet. More uncommonly, a coin can be struck between two dies that were never intended to be used together. While a common nickel error has a low value for collectors, a mule is a rarer type. While a 1999 nickel is rare, a mule can be worth hundreds of dollars.
There are several types of Jefferson nickel errors. Though they are not overly valuable, they are highly collectible. The earliest major Jefferson nickel error variety is a doubled die. A doubled die is visible on the reverse side of the coin, whereas a repunched die is visible on the tails side. Both repunched mintmarks are also rare and have different values. Several uncirculated examples have been valued as high as $500.
Finding a 1999 nickel error is not as easy as it may sound. Fortunately, this type of error is rare but not impossible. The U.S. Mint produces coins for mass production, so any flaws or miss-strikes that occur on a production run will affect many of the coins. While some errors are obvious, others require a magnifying glass to spot them. Therefore, a dated coin will be a good idea if you are looking for a 1999 nickel error.