Price Guide for 2004 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.

2004-P Nickel Peace Medal (Regular Strike)
  • 3rd Party Price
    Circulated: $41.00
    Uncirculated: $10.00 – $4,230.00
  • eBay
    Uncirculated: $0.99 – $199.95
  • PCGS Price Guide
    Circulated: $1.00
    Uncirculated: $5.00 – $2,750.00
2004-D Nickel Keel Boat (Regular Strike)
  • 3rd Party Price
    Uncirculated: $6.00 – $940.00
  • eBay
    Uncirculated: $1.90 – $567.07
  • PCGS Price Guide
    Circulated: $1.00
    Uncirculated: $5.00 – $1,150.00
2004-D Nickel Peace Medal (Regular Strike)
  • 3rd Party Price
    Uncirculated: $6.00 – $720.00
  • eBay
    Uncirculated: $1.25 – $900.00
  • PCGS Price Guide
    Circulated: $1.00
    Uncirculated: $5.00 – $875.00
2004-P Nickel Keel Boat (Regular Strike)
  • 3rd Party Price
    Uncirculated: $10.00 – $633.00
  • eBay
    Circulated: $51.00
    Uncirculated: $0.05 – $895.00
  • PCGS Price Guide
    Circulated: $1.00
    Uncirculated: $5.00 – $475.00
2004-S Nickel Keel Boat, DCAM (Proof)
  • 3rd Party Price
    Uncirculated: $7.00 – $270.00
  • eBay
    Uncirculated: $0.99 – $129.00
  • PCGS Price Guide
    Uncirculated: $1.00 – $25.00
2004-S Nickel Peace Medal, DCAM (Proof)
  • 3rd Party Price
    Circulated: $31.00
    Uncirculated: $5.00 – $1,725.00
  • eBay
    Uncirculated: $0.01 – $112.00
  • PCGS Price Guide
    Uncirculated: $1.00 – $26.00
2004-P Nickel Peace Medal, PL (Regular Strike)
  • 3rd Party Price
    Uncirculated: $74.00
  • eBay
    Uncirculated: $335.75
2004-P Nickel DDO FS-101 Peace Medal (Regular Strike)
  • eBay
    Circulated: $39.99
    Uncirculated: $3.00 – $185.00
  • PCGS Price Guide
    Uncirculated: $18.00 – $130.00
2004-D Nickel Peace Medal-J. Lynch American Heroes (Regular Strike)
  • eBay
    Uncirculated: $9.00 – $39.00

Design and Specifications of the 2004 Nickel

The 2004 Nickel marked the beginning of the Westward Journey Nickel Series, commemorating the bicentennial of the Lewis and Clark expedition. This year saw the introduction of a new reverse design featuring the Peace Medal, while also continuing to produce the traditional Monticello reverse.

This series represented the first significant change to the nickel design since 1938, making it a notable year for coin collectors and history enthusiasts alike.

Weight 5.0 grams
Diameter 21.21 mm
Mint Marks P, D, S
Composition 75% copper, 25% nickel
Obverse Design Portrait of Thomas Jefferson facing left, designed by Felix Schlag
Reverse Design Two designs: 1) Traditional Monticello design, 2) Peace Medal design (Westward Journey Nickel Series), both designed by Felix Schlag and Joe Fitzgerald respectively

Rarity Factors and Value Drivers

The condition of 2004 Nickels significantly impacts their value, especially for circulation strikes. Coins in Mint State (MS) conditions command premium prices, with those grading MS67 or higher being particularly valuable due to their scarcity.

For proof coins, the difference between a PR69 and PR70 grade can be substantial in terms of value. Collectors often seek coins with strong strikes, full luster, and minimal contact marks.

Philadelphia, P

Mintage: 872,400,000

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: Moderate, due to being part of the Westward Journey series

Denver, D

Mintage: 1,218,400,000

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: Moderate, due to being part of the Westward Journey series

San Francisco, S

Mintage: 3,075,122

Rarity Scale: Uncommon

Circulation Status: Not Intended for Circulation

Preservation Rarity: Common in grades up to PR69, scarce in PR70

Varieties Errors: None significant

Market Demand: Moderate, popular among proof set collectors

First-year issues of the Westward Journey series make the 2004 Nickels more desirable to collectors. The Peace Medal reverse design, being a one-year type, adds to its collectibility.

Full Steps examples, where the steps of Monticello are fully visible on the reverse, are highly prized and can command significant premiums. Additionally, any error coins or die varieties, though not commonly reported for this year, would be of great interest to specialized collectors.

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