Jefferson nickels have been in circulation since 1938, honoring one of America’s most notable Founding Fathers, Thomas Jefferson. Struck in Philadelphia, Denver, San Francisco, and West Point, some of these 5-cent coins have become collector’s favorites due to their rarity and historical significance. Here’s a look at the most valuable Jefferson nickels and the fascinating stories behind them.
1938-D Jefferson Nickel Full Step
Thomas Jefferson, the main author of the Declaration of Independence and a versatile statesman, is celebrated on this 1938 Denver-minted nickel. Featuring Full Steps—a detail on Monticello’s steps that indicates an exceptional strike—this coin is highly sought after.
- Year: 1938
- Mint Mark: Denver
- Grade: MS 68+ FS
- Date of Sale: July 17, 2022
- Price: $33,600
Jefferson’s leadership as the third U.S. President (1801–1809) and his role in drafting pivotal legislation make him an enduring symbol of American history.
1942 D/D Horizontal Full Step
This rare Denver-minted Jefferson nickel has a unique “D over D” mintmark, which makes it highly collectible. Its Full Step designation further enhances its value.
- Year: 1942
- Mint Mark: Denver
- Grade: MS 64 FS
- Date of Sale: January 5, 2006
- Price: $32,200
This coin reminds us of Jefferson’s role in strengthening the young American nation, including his service as Vice President and later President.
1940 Reverse of 1938 Proof
The 1940 Jefferson nickel, featuring the reverse design of 1938, stands out for its proof quality. These coins were produced with extra care, resulting in mirror-like surfaces and sharp details.
- Year: 1940
- Mint Mark: None (Philadelphia)
- Grade: PR 68
- Date of Sale: January 5, 2011
- Price: $28,750
Jefferson’s advocacy for individual rights and his influence on the U.S. Constitution make this coin a tribute to his legacy.
1953-S Full Step Jefferson Nickel
This San Francisco-minted coin, notable for its Full Step strike, is a rare gem from 1953. Its high grade and exceptional detail make it a collector’s dream.
- Year: 1953
- Mint Mark: San Francisco
- Grade: MS 65 FS
- Date of Sale: January 14, 2019
- Price: $24,000
Jefferson’s complex legacy, including his authorship of the Act Prohibiting the Importation of Slaves (1807), adds historical depth to his coins.
1939 Doubled Monticello Full Step
This Philadelphia-minted nickel is famous for its doubled Monticello inscription, a minting error that dramatically increases its value.
- Year: 1939
- Mint Mark: None (Philadelphia)
- Grade: MS 67 FS
- Date of Sale: September 26, 2019
- Price: $23,500
Jefferson nickels replaced the Buffalo nickel, marking a shift in design and appeal for American coins.
1939 Reverse of 1940 Full Step
This variant combines the 1939 obverse design with the reverse design of 1940, making it an intriguing collectible.
- Year: 1939
- Mint Mark: None (Philadelphia)
- Grade: MS 68 FS
- Date of Sale: February 27, 2014
- Price: $23,500
The Jefferson nickel design reflects the statesman’s image and legacy, as well as his architectural contribution, Monticello.
1964-D/D Repunched Mint Mark
The 1964 Denver-minted nickel features a repunched mint mark, adding to its rarity. Its high grade further boosts its appeal to collectors.
- Year: 1964
- Mint Mark: Denver
- Grade: MS 66
- Date of Sale: July 17, 2022
- Price: $19,800
This coin recalls Jefferson’s engineering acumen and his efforts to shape early America’s identity.
1953 Proof Deep Cameo
This proof coin from 1953 has a striking cameo contrast, with frosted details and mirror-like backgrounds, making it a standout piece.
- Year: 1953
- Mint Mark: None (Philadelphia)
- Grade: PR 68 DCAM
- Date of Sale: April 24, 2013
- Price: $15,275
Felix Schlag, the designer of the Jefferson nickel, immortalized both Jefferson and his iconic residence, Monticello, on this enduring coin.
| Year | Mint Mark | Grade | Price (Approx.) |
|---|---|---|---|
| 1938 | Denver (Full Step) | MS 68+ FS | $33,600 |
| 1942 | D/D Horizontal FS | MS 64 FS | $32,200 |
| 1940 | Proof (1938 Reverse) | PR 68 | $28,750 |
| 1953 | San Francisco FS | MS 65 FS | $24,000 |
| 1939 | Doubled Monticello | MS 67 FS | $23,500 |
| 1964 | D/D Mint Mark FS | MS 66 | $19,800 |
| 1953 | Proof Deep Cameo | PR 68 DCAM | $15,275 |
Jefferson nickels are more than just currency; they’re pieces of history. If you come across any of these rare coins, hold onto them—they could be worth a small fortune!
FAQs
What makes the 1938-D nickel valuable?
Its Full Step detail and high grade boost its worth.
Why is the 1942 D/D nickel rare?
It has a repunched mint mark and Full Step designation.
How much is a 1953-S nickel worth?
It sold for $24,000 due to its Full Step strike.
What is unique about the 1939 Doubled Monticello?
It features a doubled Monticello inscription.
What defines a Deep Cameo proof coin?
Frosted details with mirror-like backgrounds.
