Coin Collecting Jefferson Nickels

Coin collecting jefferson nickels can be a rewarding and surprisingly challenging endeavor for both new and advanced collectors. While these coins aren’t as valuable as the more rare Buffalo nickels, they can still be worth a fair amount of money.

The Jefferson Nickel was first minted in 1938 as a replacement for the Buffalo Nickel, which had significant striking issues and broke many dies. A competition was held for the new design, and Felix Schlag was chosen as the winning designer. The Jefferson nickel would remain unchanged until 2004 and 2005, when four different reverse designs were used to commemorate Lewis and Clark’s expedition and the Westward Journey Nickels were introduced.

In general, the Jefferson Nickel has a very low mintage number and is often found in circulated condition. However, certain coins, including the 1939-D and 1950-D Jefferson Nickels, are known for having exceptional detail, particularly around the steps of Monticello, making them highly sought after. Also, some rare error coins, such as the 1943/2 overdate, can be extremely valuable in high-grade uncirculated examples.

Other key dates to look for are the 1942-1945 silver war nickels, which have large mint marks above Monticello and were minted during World War II in order to conserve the limited supply of nickel needed for munitions production. Additionally, there are some Proof Jefferson Nickels minted in limited numbers and available as Cameo and Deep Cameo versions and in PR-69 and finer grades.