Washington Quarter Values and Prices (1932-1964), Walking Liberty Half Dollar Values and Prices, Buffalo (Indian Head) Nickel Values and Prices. The 1987 modification saw the sharpening of Jefferson's hair and the details of Monticello—since 1987, well-struck nickels with six full steps on the reverse have been relatively common. JEFFERSON NICKEL 1938-1961 To download JeCerson Nickel 1938-1961 PDF, you should click the hyperlink listed below and save the document or have accessibility to other information that are in conjuction with JEFFERSON NICKEL 1938-1961 ebook. The Jefferson nickel was first minted in 1938 and replaced the Buffalo (or Indian Head) nickel that was minted since 1913. Seller: AmeriWorldCoins Certification Agency: NGC Certification Number: 504085-022 Condition: MS67 1938 S Jefferson Nickel. This means they are worth more than face value and most of them have been removed from circulation. The Jefferson Nickel is a long running coin series featuring the 3rd President of the United States and one of the writers of the Declaration of Independence. Speculation in them increased in the early 1960s, but prices decreased sharply in 1964. The Mint conducted a design competition, in early 1938, requiring that Jefferson be depicted on the obverse and Jefferson's house Monticello on the reverse. HRD. Cantor had concerns about moving Monticello, located in his home state, off the nickel, and sponsored legislation which would allow the Mint to strike different designs in 2003, 2004, and 2005, and again depict Monticello beginning in 2006. In 1966 a small change was made to the design to add the initials of the designer (FS) to the obverse, underneath Jefferson's portrait. Beginning in 1968, mint marks were again used, but were moved to the lower part of the obverse, to the right of Jefferson's bust. Coins struck at any mint between 1965 and 1967 lack mint marks. Therefore, look at the coin carefully or have the coin authenticated by a reputable coin dealer or third-party grading service. However, officials at the United States Mint did not like the style of lettering he chose for the coin and his rendering of Monticello (Jefferson's home). Jefferson Nickel (1938 to Date) Auction Prices Population CoinFacts Photograde ⢠Shop at: APMEX David Lawrence L&C Coins Collectors Corner eBay U.S. Coin Photos courtesy of Ira & Larry Goldberg Coins & Collectibles, Inc., Beverly Hills, CA: The challenges of World War II necessitated a change in the metallic composition of the five cent coin. His effort was selected over the ⦠The Jefferson nickel was first minted in 1938 and replaced the Buffalo (or Indian Head) nickel that was minted since 1913. Introduced in 1938, it is the only one of our current coins being made in its original composition, though this continuity was interrupted briefly by the emergency of World War II. The design for the Buffalo nickel is well regarded today, and has appeared both on a commemorative silver dollar and a bullion coin. Beginning in 1942 and lasting until 1945, the Mint used an alloy of 35% silver and made the mint mark larger and moved above Monticello. Jefferson Nickels The Jefferson Nickel has been the longest running series for the five cent denomination. [29] The word "Liberty" was taken from Jefferson's handwritten draft for the Declaration of Independence, though to achieve a capital L, Fitzgerald had to obtain one from other documents written by Jefferson. In commemoration of that change, two proof 1966 nickels with the initials were struck and presented to him. During this time, the Jefferson Nickel was minted with silver in ⦠The sculptor was busy with other projects and did not work on the nickel until mid-June. 1938 Jefferson Nickel CoinTrackers.com has estimated the 1938 Jefferson Nickel value at an average of $6, one in certified mint state (MS+) could be worth $1,800. However, you will find that collecting Jefferson Nickels can be very rewarding and challenging. Open a free Account Sign In Sell Coins: List coins for sale Recently sold items on USA ⦠[33], In 2009, a total of only 86,640,000 nickels were struck for circulation. The prewar composition and smaller mint mark (or no mint mark for Philadelphia) were resumed in 1946. Those coins that are better preserved often sell ⦠Data sheet. Of the millions minted such coins are the elite condition rarities. [2], By mid-March, few entries had been received. The Jefferson nickel has been the five-cent coin struck by the United States Mint since 1938, when it replaced the Buffalo Nickel. The winner would receive $1,000 and would sign a contract with the Mint that any revisions could be made to the design. [10] According to contemporary accounts, the Jefferson nickel was initially hoarded, and it was not until 1940 that it was commonly seen in circulation. Jefferson nickels are still being made at the U.S. Mint and are actively used in commerce. This silver composition continued until the end of 1945. [4], Production of the Jefferson nickel began at all three mints (Philadelphia, Denver, and San Francisco), on October 3, 1938. The original Jefferson Nickel was designed by Felix O. Schlag. It depicts a forward-facing Jefferson based on an 1800 study by Rembrandt Peale, and includes "Liberty" in Jefferson's script. On March 27, 1942, Congress authorized a nickel made of 50% copper and 50% silver, but gave the Mint the authority to vary the proportions, or add other metals, in the public interest. 1938–2003 and 2006–present. A number of reverse dies with an S mint mark, intended for the San Francisco Mint, were created in 1955; they were not used as that mint struck no nickels that year and subsequently closed, and the unused dies were sent for use at Denver, where the S mint mark was overpunched with a D.[18] 1949 and 1954 are other years where one mintmark was punched over another. "[31] The reverse beginning in 2006 was again Schlag's Monticello design, but newly sharpened by Mint engravers. The buy price is what you can expect to pay to a coin dealer to purchase a Jefferson nickel. Proof coins, struck at Philadelphia, had been minted for sale to collectors in 1938 and continued through 1942. Nickel was an essential element for armored plating, so ⦠A formal request for changes was sent to Schlag in late May. The mint officials wanted a head-on view of the iconic building. However, during the time it was struck (1913–1938), it was less well liked, especially by Mint authorities, whose attempts to bring out the full design increased an already high rate of die breakage. The US five cent coin was issued with a Jefferson on the front and Monticello on the reverse since 1938. The mints at Philadelphia (no mintmark until 1980), Denver (mintmark âDâ) and San Francisco (âSâ) each coined Jefferson Nickels from 1938 onward. [11], In 1939, the Mint recut the hub for the nickel, sharpening the steps on Monticello, which had been fuzzy in initial strikings. [32] As Schlag's obverse design, on which his initials were placed in 1966, is no longer used, his initials were placed on the reverse to the right of Monticello. [3] Schlag had been born in Germany and had come to the United States only nine years previously. 1938-S Jefferson Nickel NGC MS-67 Old Fattie Holder. Production of the Jefferson nickel began at all three mints (Philadelphia, Denver, and San Francisco), on October 3, 1938. The Jefferson nickel has been the five-cent coin struck by the United States Mint since 1938, when it replaced the Buffalo nickel. On August 21, the Anderson (Indiana) Herald noted: [T]he Federal Fine Arts Commission ... didn't like the view of Thomas Jefferson's home, Monticello, so they required the artist to do another picture of the front of the house. The Mint struck a reasonable amount of coins this first year to meet the public demand. Itâs ironic since this was a mintage of just over 4.1 million, and these coins were not in safe proof or mint sets. [25] Under Cantor's legislation, every future five-cent coin will feature Jefferson and Monticello. They contacted the office of Representative Eric Cantor (Republican-Virginia). In a 2000 article in The Numismatist, Mark A. Benvenuto suggested that the amount of nickel saved by the switch was not significant to the war effort, but that the war nickel served as a ubiquitous reminder of the sacrifices that needed to be made for victory. [29] Clark had actually written the word as "ocian", but the Mint modernized the spelling. First struck in 1913, the Buffalo nickel had long been difficult to coin, and after it completed the 25-year term during which it could only be replaced by Congress, the Mint moved quickly to replace it with a new design. Better Condition Raises 1938 Nickel Value Therefore, most circulated specimens are worth only face value. Guest User Guest. Some 1943-P nickels are overdated. [9] They did not like the lettering on the coin. $325.00 or Best Offer. James Bucki has over 40 years of coin collecting experience, receiving specialized training in coin grading, minting errors, and collecting techniques. A few of the 1938 special qualities include: Mintages are on the low side ⦠Jefferson Nickels 1938 - 1964 The Jefferson nickel started being minted in 1938. Log in or Sign up to hide this ad. [24] The resultant act, the "American 5-Cent Coin Design Continuity Act of 2003", was signed into law on April 23, 2003. By mid-November, some twelve million had been coined, and they were officially released into circulation on November 15; more than thirty million would be struck in 1938. In fact, you can still pluck most of these coins right from your pocket change. The deadline for submissions was April 15; Mint Director Nellie Tayloe Ross and three sculptors were to be the judges. This alone places it in a special category with collectors and a permanent level of popularity. The sell value is what you can expect a coin dealer to pay you if you sell the coin. [30] The reverse for the first half of the year depicted an American bison, recalling the Buffalo nickel and designed by Jamie Franki. In 2004 and 2005, the nickel saw new designs as part of the Westward Journey nickel series, and since 2006 has borne Schlag's reverse and Franki's obverse. Jefferson Nickels since 1938. From 1942 to 1945, "Wartime" nickels were were composed of a silver alloy, as nickel was an important wartime material. Etsy uses cookies and similar technologies to give you a better experience, enabling things like: basic site functions; ensuring secure, safe transactions According to Acting Mint Director David Lebryk, "The image of a forward-facing Jefferson is a fitting tribute to [his] vision. 1939 D Jefferson Nickel; 1939 S Jefferson Nickel; 1938 Jefferson Nickel; 1938 D Jefferson Nickel; 1938 S Jefferson Nickel * Notice as of December 2006 it is illegal to melt down US Minted Pennies and Nickels, and there is a $10,000 fine to help enforce the law. The Joy! The Jefferson Nickel was first struck by the U.S. Mint in 1938 and was a replacement for the buffalo nickel. [35] The unusually low 2009 figures were caused by a lack of demand for coins in commerce due to poor economic conditions. [28], The 2005 nickels presented a new image of the former President, designed by Joe Fitzgerald based on Houdon's bust of Jefferson. [37] Plans to include an uncirculated 2020-W nickel in the annual uncirculated coin set were abandoned due to the COVID-19 pandemic. Three different types of this nickel were produced in 1938, so the type of the coin will be first thing playing into how much you are going to pay. However, there are a few specimens that are worth a little more. There are no significantly low mintages for the duration of the series, making it relatively approachable for the average ⦠During this time coins minted in Philadelphia had a "P" for a mint mark, while coins minted in Denver and San Francisco continued to use a "D" and "S" respectively. This seeming lack of response proved to be misleading, as many artists had planned to enter the contest and submitted designs near the deadline. These are approximate retail prices and wholesale values. There is no more reason for imitating the Romans in this respect [by using Roman-style lettering on the coin] than there would be for modeling our automobiles after the chariot of Ben Hur's day. Shop with confidence. Felix Schlag was awarded $1,000 for submitting the winning design for the Jefferson Nickel. [16] In addition, a number of 1944 nickels are known without the large "P" mintmark. Get the best deals on 1938 Year US Jefferson Nickels (1938-Now) when you shop the largest online selection at eBay.com. Jefferson Nickels date back to 1938 and were originally designed by Felix Schlag. Proof Coins can be Worth $134 or more. An alloy of 56% copper, 35% silver and 9% manganese proved suitable, and this alloy began to be coined into nickels from October 1942. From 1971, no nickels were struck for circulation in San Francisco—the 1971-S was the first nickel struck in proof only since 1878. Created by Felix Schlag, this design remained on the United States nickel for 66 years before it was redesigned in 2004. Click the button below for catalog-specific information about this item. This was the third circulating coin that United States Mint eliminated a symbolic figure from the coin, such as Lady Liberty or an American Indian, and replace the portrait on the obverse with a former president of the United States. When he did, he changed the reverse to a plain view, or head-on perspective, of Monticello. New Book.Shipped from US within 10 to 14 business days. [26], In November 2003, the Mint announced the first two reverse designs, to be struck with Schlag's obverse in 2004. The coin's reverse is still the Schlag original, although in 2004 and 2005 the piece bore commemorative designs. From 1938 until 2004, the copper-nickel coin's obverse featured a profile depiction of founding father and third U.S. President Thomas Jefferson by artist Felix Schlag; the obverse design used in 2005 was also in profile, though by Joe Fitzgerald. The San Francisco mint churned out only 4,105,000 first-year Jefferson nickels, among the 3 scarcest coins of the ⦠Jefferson Nickels made between 1942 in 1945, are also called War Nickels and consisted of 35% silver. Officials disliked the lettering Schlag had used, a more modernistic style than that used on the eventual coin. A proof 2020-W nickel was placed in the clad proof set and a reverse proof 2020-W nickel in the silver proof set. Released in 1938, the Jefferson Nickel is the only current U.S. coin to be made in its original composition. [5] The bust of Jefferson on the obverse closely resembles his bust by sculptor Jean-Antoine Houdon, which is to be found in Boston's Museum of Fine Arts.[6]. The reverse for the second half showed a coastline and the words "Ocean in view! Because they were so widely pulled from circulation, the 1950-D is readily available today. jtlee321 and SensibleSal66 like this. If there is a letter (P, D or S) over the dome of Monticello, then it is a silver coin. The actual offer you receive from an individual coin dealer will vary depending on the agreed-upon grade of the coin and a variety of other factors that determine its worth. However it takes an intensely bright lustrous and virtual mark free coin to reach such a lofty price. Schlag won the competition, but was required to submit an entirely new reverse and make other changes before the new piece went into production in October 1938. [19] In the latter year proofs were struck in both the regular and "war nickel" compositions, after which they were discontinued. In 1993, Jefferson's hair was again sharpened. [27] The first, designed by United States Mint sculptor-engraver Norman E. Nemeth, depicts an adaptation of the Indian Peace Medals struck for Jefferson. The Mint, which is part of the Department of the Treasury, moved quickly and without public protest to replace the coin. ): USA Coin Book Estimated Value of 1938 Jefferson Nickel is Worth $0.26 in Average Condition and can be Worth $3.14 to $19 or more in Uncirculated (MS+) Mint Condition. How much are my U.S. 1938-D nickel worth? The series was launched in 1938 and has been minted for all subsequent years to date. Featuring a portrait of Thomas Jefferson, the 3rd President of the United States, the design was introduced in 1938. [36] In 2020, the coin was struck for the first time at the West Point Mint with mint mark W; these pieces were not released into circulation but were used as premiums in the Mint's annual sets. #1 â 1938-D Jefferson Nickel. [13] A 1940 proof with the 1938 reverse has also been discovered. The Jefferson nickel has a diameter of 21.2 mm and has a plain edge. Here a die for the previous year was reused, allowing a "2" to be visible under the "3". Under its terms, the Treasury Secretary could vary the nickel's designs in honor of the 200th anniversary of the Expedition and of the Louisiana Purchase, but the nickel would again feature Jefferson and Monticello beginning in 2006. The coin weighs 5 grams and is composed of 75% copper and 25% nickel. Get the best deals on 1938 D Jefferson Nickel when you shop the largest online selection at eBay.com. A 1938 Jefferson nickel holds the "First of Series" status of the new design. If your coin looks similar to the one illustrated in the link below and has no evidence of wear due to being in circulation, it is considered an uncirculated coin. [38], The Circulating Collectible Coin Redesign Act of 2020 was signed by President Donald Trump on January 13, 2021. GTG: 1938 Proof Jefferson Nickel. Previous coins that were redesign included Abraham Lincoln was featured on the penny in 1909 and in 1932 George Washington began being featured on the quarter. This 1938-P Jefferson Nickel is needed by anyone hoping to build a complete mint and date collection so you'll want to order yours today! Page 2 of 2 < Prev 1 2. potty dollar 1878 Well-Known Member +1 potty dollar 1878, Jan 15, 2021 #21 + Quote Reply. The Denver issue from the first year of the Jefferson nickel series, only 5,376,000 of these coins were minted. However, Commission chairman Charles Moore asked that the positions of the mottos on the reverse be switched, with the country name at the top; this was not done. Special mint sets, of lower quality than proof coins, were struck from 1965 to 1967. Pricing the 1938 Jefferson Nickel. [7] Art historian Cornelius Vermeule described the change: Official taste eliminated this interesting, even exciting, view, and substituted the mausoleum of Roman profile and blurred forms that masquerades as the building on the finished coin. By mid-November, some twelve million had been coined, and they were officially released into circulation on November 15; more than thirty million would be struck in 1938. If your coin is worn and looks similar to the one illustrated below, it is considered a circulated coin. Competitors were to place a portrait of Jefferson on the obverse, and a depiction of his house, Monticello, on the reverse. Teletrade Coin Auctions, www.teletrade.com. The winning design had a view of Monticello coming from the corner of the house. Secondly, the condition means everything to most collectors. Click here to leave a review 16 other great deals in the same category: 2015-P Jefferson Nickel. They bear a large mint mark above the depiction of Monticello on the reverse. Struck without "FS" initials prior to 2006. upper two designs struck in 2004; lower two in 2005, This page was last edited on 23 January 2021, at 08:17. An easy way to identify these more valuable coins is to look on the reverse. Proof coin sales resumed in 1968, with coins struck at the reopened San Francisco facility. After the Fine Arts Commission recommendation, the Secretary of the Treasury, Henry Morgenthau, approved the design.[7].
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