1964 Nickel - The 1964 Jefferson Nickel is an important year for the nickel because it is the final year before the introduction of copper/nickel clad coins. Some people refer to the pre-1965 Nickels as junk or scrap Silver. The 1964 Nickel makes for a great addition to any collection because of the year, mintage, and value. You can find a plethora of Jefferson Nickels at competitive prices. Beginning and experienced collectors can appreciate the value of these coins. Production of the Jefferson nickels has existed since 1938.