These coins, minted in stainless steel, not silver as many assume, generally are worth only a dollar or two US. Some of the earlier dates, before 1962, can bring catalog values as high as $100 US dollars, but only if in fully uncirculated condition. Dates after 1962 are generally not very valuable even in uncirculated condition.
Use our Important Terminology page to understand what 'catalog value' means. It is an inflated value.
ALL DATES, EXCEPT AS NOTED BELOW
worn: less that $1 US dollar approximate catalog value
average circulated: less than $1
well preserved: $1
fully uncirculated: $3
If you have a fully uncirculated coin, most dates are worth about $2. Dates with higher catalog values are:
1955: $25 fully uncirculated
1956: $7 unc
1957: $7 unc
1958: $10 unc
1959: $10 unc
1960: $10 unc
1961: $10 unc
1962: $5 unc
If your coin is not in the list above, it carries low value, even in fully uncirculated condition.
The coin in our picture is well preserved, but it is not fully uncirculated. Assigning numismatic grades (conditions) to these stainless steel coins can be tricky. Usually to get one fully uncirculated it must be in special packaging and purchased directly from the mint. See our comparison figure below. The luster, or frostiness, or creaminess, is what you look for in a truly uncirculated coin.
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