🚨 Description: The Jefferson Monticello Legacy
Designed by Felix Schlag, the Jefferson nickel features a portrait of Thomas Jefferson on the obverse and his home, Monticello, on the reverse. This series is unique because it includes “War Nickels” (1942–1945) made of 35% silver to conserve nickel for the war effort, easily identified by a large mint mark above Monticello’s dome. Modern collectors focus heavily on “Full Steps” (FS) coins, which display five or six complete horizontal lines on the steps of Monticello—a feature rarely achieved during the original minting process.
[Value] 💰
The most valuable Jefferson nickels are often those with dramatic errors or pristine “Full Steps” designations:
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1964 Special Mint Set (SMS) Full Steps: Extremely rare, with only 20 to 50 estimated to exist; a top specimen sold for $32,900.
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1949-D “D over S” Full Steps: A rare over-mintmark variety where the Denver mark was punched over a San Francisco mark; it has fetched $32,900.
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1942 Frith Jefferson Nickel: A rare wartime proof that has reached a staggering $175,000.
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1940 Reverse of 1938: An error where the older, wavy-step reverse die was used; one in mint condition sold for $28,750.
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1939 Doubled Monticello (DDR): Features strong doubling on the words “Monticello” and “Five Cents,” valued at over $20,000 in high grades.
[Call to Action] 📢
Inspect your change for these high-value indicators:
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Check for Silver: Any nickel dated 1942–1945 with a large P, D, or S above the building is 35% silver.
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Magnify the Steps: Look for five or six crisp, unbroken lines on Monticello’s steps; these “Full Steps” coins command massive premiums.
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Search for Doubling: Closely examine 1939 and 1943-P nickels for doubling in the letters or Jefferson’s eye.
🔍 Look For
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Large Mint Marks: Only found on 1942–1945 silver wartime nickels.
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“D over S” or “S over D”: Over-mintmark errors from 1949, 1954, and 1955.
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Wavy Steps: Indicators of the 1940 “Reverse of 1938” error.
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Doubled Eyelid: A specific error found on some 1943-P wartime nickels.
📈 Market Value & Top Auction Houses
Rare Jefferson nickels are a staple at major numismatic auctions, where they can reach record-breaking prices.
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Heritage Auctions: A global leader that has handled sales for the $32,900 1964 SMS and $20,562 1939 Doubled Monticello.
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Stack’s Bowers Galleries: America’s oldest rare coin auctioneer, specializing in world-class U.S. coin collections.
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GreatCollections: A reputable platform for certified coins, offering weekly auctions for collectors.
✅ Tips for Collectors
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Condition is Critical: Coins are graded from Poor (P-1) to Perfect (MS-70); uncirculated coins are exponentially more valuable.
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Focus on “Full Steps”: A “Full Steps” (FS) designation can increase a nickel’s value by 10 to 20 times standard strikes.
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Avoid Cleaning: Never clean your coins, as it removes the natural patina and drastically reduces market value.
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Buy Certified: For high-value nickels, purchase coins already graded by PCGS or NGC to ensure authenticity.
🛡️ 4. 5-Step Authentication Protocol (Must Read!)
Before sending your find to an auction house, use this professional protocol to verify it:
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Magnet Test: Genuine Jefferson nickels (including silver war nickels) are non-magnetic. If it sticks, it is likely a counterfeit.
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Weight Check: Use a digital scale to confirm the coin weighs approximately 5.0 grams.
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Visual Precision: Use a 10x loupe to check for sharp, well-defined design details. Fakes often have “mushy” or blurry lettering.
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Edge Design: Confirm the edge matches official specifications; Jefferson nickels should have a plain (smooth) edge.
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Professional Verification: For rare varieties like the 1964 SMS, seek a third-party grading service for a guaranteed grade and authenticity.
🔍 How to Check If Your Nickel Is Valuable
Identifying a treasure requires checking more than just the date:
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Mint Mark Placement: Pre-1942 and post-1945 nickels have small mint marks to the right of Monticello; wartime nickels have large marks above the dome.
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Mintage Numbers: The 1950-D is a “key date” with only 2.6 million produced, making even circulated copies collectible.
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Error Varieties: Use magnification to find “D over D” (1942-D) or “3 over 2” (1943-P) errors that can be worth hundreds or thousands.
🏁 Conclusion & Final Thoughts
The Jefferson nickel series proves that even “common” pocket change can hold life-changing value. Whether it’s the historical silver content of a wartime nickel or the technical perfection of a “Full Steps” specimen, there is always something for a sharp-eyed collector to find.
Would you like me to help you identify a specific mint mark variety or explain the “Full Steps” grading criteria in more detail?
