Jefferson nickels, named after one of America’s most revered Founding Fathers and third president, Thomas Jefferson, have been a cornerstone of U.S. coinage since 1938. Produced in mints across Denver, Philadelphia, San Francisco, and West Point, these coins carry a rich history and are prized by collectors for their intricate details and unique variations. Let’s look into some of the most sought-after Jefferson nickels and their intriguing stories.
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1938-D Full Step Nickel
The 1938-D Jefferson nickel, struck in Denver, is a collector’s gem. Its “Full Step” designation highlights the complete detailing of the steps on Monticello, Jefferson’s home. This rare coin fetched $33,600 in July 2022 at an MS 68+ FS grade.
This coin is a tribute to Jefferson’s legacy as the principal author of the Declaration of Independence and his pivotal role in shaping the young republic.
| Year | Mint | Grade | Sale Price |
|---|---|---|---|
| 1938 | Denver | MS 68+ FS | $33,600 |
1942 D/D Horizontal Nickel
This 1942 nickel features a fascinating minting error with a horizontal “D” mint mark over another “D.” Sold for $32,200 in January 2006, this MS 64 FS coin showcases the quirks of early minting processes. The rarity of such errors adds a layer of intrigue for enthusiasts.
Jefferson’s political journey, from being Washington’s secretary of state to defeating John Adams for the presidency, mirrors the coin’s resilience and uniqueness.
| Year | Mint | Grade | Sale Price |
|---|---|---|---|
| 1942 | Horizontal Denver | MS 64 FS | $32,200 |
1940 Reverse of 1938 Proof Nickel
A blend of old and new, the 1940 Jefferson nickel features the reverse design from 1938. This proof coin, with a PR 68 grade, sold for $28,750 in 2011. Its craftsmanship reflects Jefferson’s visionary ideals, from advocating religious freedom to championing state rights.
| Year | Mint | Grade | Sale Price |
|---|---|---|---|
| 1940 | Philadelphia | PR 68 | $28,750 |
1953-S Full Step Nickel
Struck in San Francisco, the 1953-S nickel reached $24,000 in 2019 at an MS 65 FS grade. Its flawless steps and craftsmanship make it a testament to Jefferson’s enduring legacy.
Jefferson’s paradoxical life, including his advocacy for liberty while owning slaves, is a topic of continuous reflection, much like this rare coin’s historical significance.
| Year | Mint | Grade | Sale Price |
|---|---|---|---|
| 1953 | San Francisco | MS 65 FS | $24,000 |
1939 Doubled Monticello Nickel
A fascinating error makes this coin special. The 1939 Doubled Monticello nickel, with its design error, fetched $23,500 in 2019. Its unique doubling highlights the skill and occasional fallibility of minting processes.
| Year | Mint | Grade | Sale Price |
|---|---|---|---|
| 1939 | Philadelphia | MS 67 FS | $23,500 |
Collectible Insights
From the wartime nickels with altered compositions to the artistic designs born of competitions, Jefferson nickels reflect America’s evolving story. Each mint mark, error, and detail connects collectors to pivotal moments in history.
Whether you’re a seasoned collector or a novice investigating the hobby, Jefferson nickels offer a fascinating glimpse into the past. Who knows? Your next find might just be a hidden treasure.
FAQs
What is a Full Step Jefferson nickel?
A coin with clearly visible steps on Monticello’s design.
Which Jefferson nickel is the most valuable?
The 1938-D Full Step nickel, sold for $33,600, is the priciest.
Why are wartime nickels unique?
They contain silver due to nickel shortages during WWII.
What does D/D mean on nickels?
It indicates a repunched Denver mint mark error.
Who designed the Jefferson nickel?
Felix Schlag won the 1938 design contest.
