Are nickels with Indian heads worth more than a nickel?

Indian head nickels with visible dates are generally worth a minimum retail price of a dollar or so for the lowest collectible grades. Some date and mint mark combinations, as well as coins with less wear, can be worth significantly more but each coin has to be evaluated individually.

A design flaw caused the date to wear off many Indian head nickels, though. These coins are considered to be "culls" with little collectible value. You can often find them in dealers' grab-boxes for a quarter or less.