Five Cents · 1938–2003

Jefferson Nickel

Thomas Jefferson's left-facing portrait with IN GOD WE TRUST in front of his face and the date behind his shoulder. Jefferson's Virginia home Monticello, shown straight-on with its name below and FIVE CENTS under that.

Designer
Felix Schlag
Diameter
21.21 mm
Edge
Plain
Mint mark
Reverse, to the right of Monticello (1938–1964); large mark above Monticello's dome on silver war nickels (1942–1945); obverse near the date (1968–2003); no marks at all 1965–1967

Composition

1938–1942: 75% copper, 25% nickel · 5 g
1942–1945: Wartime alloy: 56% copper, 35% silver, 9% manganese (silver 'war nickels'; 1942 exists in both alloys) · 5 g Silver
1946–2003: 75% copper, 25% nickel · 5 g
Did you know? From late 1942 through 1945 nickels were struck in a 35% silver alloy because nickel metal was needed for WWII armor — spot them by the oversized mint mark floating above Monticello's dome, the first time a P mint mark ever appeared on a US coin, and each contains a couple dollars' worth of silver today.
Beginner tip: Check above Monticello's dome first — a big P, D, or S there means a 35% silver war nickel worth keeping no matter how worn it is.

Key dates to look for

1938-D Jefferson Nickel

$1–3, more uncirculated

First-year Denver issue with a modest mintage

1938-S Jefferson Nickel

$2–4

Lowest mintage of the first year at 4.1 million

1939-D Jefferson Nickel

$4+ worn, $30+ uncirculated

Just 3.5 million struck — a series semi-key

1939-S Jefferson Nickel

$2+

Low mintage of 6.6 million

1950-D Jefferson Nickel

$10+ in any condition

Famous 2.6 million mintage — hoarded in rolls, so most survivors are uncirculated

Valuable varieties & errors

1939 Doubled MONTICELLO

rare
$30 – $500+

A doubled hubbing on a reverse die boldly doubled the words MONTICELLO and FIVE CENTS. It is the best-known doubled die of the whole Jefferson series.

How to check: Put a loupe on the word MONTICELLO under the building. On this variety every letter shows a strong second outline shifted downward, and FIVE CENTS is doubled the same way. The doubling is clear enough that many collectors can see it with sharp eyes alone.

1942-D D Over Horizontal D

rare
$100 – $3,000+

A Denver mint mark was first punched into the die lying on its side, then corrected with an upright D on top. This dramatic repunched mint mark is scarce in all grades and rare uncirculated.

How to check: This is the copper-nickel 1942-D, so look to the right of Monticello for the mint mark. Under a loupe, the upright D sits on top of a sideways D — you can see the horizontal D's straight back and loop sticking out from beneath the normal letter.

1943/2-P Overdate

rare
$50 – $1,500+

A war nickel die hubbed with a 1942 date was finished with 1943 hubs, leaving parts of a 2 beneath the 3. It is the only overdate in the Jefferson series.

How to check: Confirm the large P above Monticello's dome, then examine the last digit of the date with a loupe. On the overdate, the curved top and diagonal of a 2 show through the upper part of the 3, and the date often shows slight doubling overall.

1949-D/S (D Over S)

rare
$50 – $400+

A die originally punched with an S mint mark was corrected with a D for use at Denver. It was the first D-over-S discovered on any US coin and remains a series favorite.

How to check: Find the mint mark to the right of Monticello. Under magnification, look inside and around the D for the curves of an S — the upper and lower loops of the S peek out from the openings and edges of the D.

1954-S/D (S Over D)

scarce
$15 – $150

A leftover Denver die was re-punched with an S mint mark for San Francisco. The buried D is subtle, making this a fun loupe challenge for beginners.

How to check: Locate the S right of Monticello and magnify it well. Look for the straight vertical back and curved bowl of a D showing along the right side and inside the S. Compare against photos, because a normal S with die wear can fool you.

1955-D/S (D Over S)

scarce
$15 – $150

San Francisco stopped striking circulation coins after 1955, and some of its unused dies were re-punched with a D for Denver. Several different die pairs of this D-over-S are known.

How to check: Magnify the mint mark right of Monticello. On the strongest examples the loops of an S clearly stick out above and below the D, like the D was stamped over a snake. Weaker pairs show just traces inside the D's opening.

Error types found on this series

Real photos where available (credits); others are illustrations.

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