1939 Jefferson Nickel Value Guide

The 1939 Jefferson Nickel is a significant early issue in the series, having been introduced just one year after the Buffalo Nickel was retired. Designed by Felix Schlag, this coin is highly collectible due to its historical transition period and the presence of notable minting varieties that intrigue numismatists.

What Is 1939 Jefferson Nickel Worth?

The typical price range for 1939 Jefferson Nickel is $1 - $5 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The presence of the 'Double Monticello' error significantly increases the value beyond the standard $1-$5 range.
• The coin's strike quality, particularly the clarity of the 'Full Steps' on the Monticello building, impacts market price.
• Mint marks play a role, as the 1939-D and 1939-S issues generally carry a premium over the Philadelphia (no mint mark) strikes.
• Overall preservation and surface condition, ranging from circulated to uncirculated grades, determine the final valuation.

How to Identify 1939 Jefferson Nickel?

• Verify the date 1939 on the obverse side featuring the profile of Thomas Jefferson.
• Examine the reverse for the 'Double Monticello' variety, where the words MONTICELLO and FIVE CENTS show clear doubling.
• Check for the mint mark (D for Denver or S for San Francisco) located to the right of the Monticello building on the reverse.
• Look for the 'Reverse of 1938' versus 'Reverse of 1940' design changes, specifically noting the detail in the steps of Monticello.

History of 1939 Jefferson Nickel

The Jefferson Nickel was first minted in 1938, replacing the Buffalo Nickel. Designed by Felix Schlag, it features Thomas Jefferson, the third U.S. President, on the obverse. The reverse depicts Monticello, Jefferson's Virginia estate. The 1939 issue is notable for being an early year in the series and can sometimes include interesting varieties such as the 'Double Monticello' error, which are highly sought after by collectors.