Authored by: Jadedragon
The question of what to look for when searching nickels comes up regularly. I will attempt to recap the group's collective wisdom here.
In the US and Canada you will get some mix of US, Canada, and misc. International coins. The percentages will vary depending on where you are. In the US, expect more Canadian nickels if you are closer to the border. The same advice applies regardless of which side of the border, only your percentages will vary. (Composition in brackets)
Worth Saving for Collector Value:
American
1913–1938 Indian Head/Buffalo nickel (CuNi)
1939-1942 Jefferson (CuNi)
1946-1963 Jefferson (CuNi)
Anything with an "S" mint mark
Canadian
1922-1936 Maple Leaf Design (99.9% nickel)
1937-1942 Beaver/King Design (99.9% nickel)
1942-1943 12-sided Beaver/Victory WWII (tombac=copper/zinc)
1944-1945 Victory WWII (chrome-plated steel)
1946–1950 Beaver 12-sided (99.9% nickel)
1951 only 200th Anniversery Discover of Nickel (99.9% nickel)
1951–1954 Beaver 12-sided Korean war era (chrome-plated steel)
1955–1962 12-sided (99.9% nickel)
2000P Beaver (nickel plated steel)
Any International coin for the fun of collecting/trading
In most cases the collector value would be a few cents premium, but likely more then the bullion value.
Worth Saving for Bullion Value:
American
1942-1945 "War Nickels" (35% silver, large mintmark above Monticello)
Potentially ALL American Nickels as the 75% Copper/25% (CuNi) Nickel has usually been worth more in metal value then face value since 2006
Canadian
1963-1981 Beaver (99.9% Ni)
Potentially 1982-1999 and some 2000-2006 Canadian Nickels as the 75% Copper/25% Nickel (CuNi) has usually been worth more in metal value then face value since 2006.
No Point Collecting:
Some Canadian Nickels starting in 2000 (P or logo mint mark below the queen) and all from 2007 on made from nickel plated steel with minimal intrinsic metal value. The 2000P is fairly rare and may be collectable.
Check Coinflation.com and Coinflation.com/canada for the current intrinsic values of these coins.