1947 Jefferson Nickel Value Guide

The 1947 Jefferson Nickel marks a return to the traditional 75% copper and 25% nickel composition following the emergency silver war-time issues. Designed by Felix Schlag, this coin is a staple for mid-century numismatists looking to complete a series of the iconic Monticello reverse.

What affects the value of 1947 Jefferson Nickel?

• The presence of 'Full Steps' on the Monticello reverse significantly increases the value to collectors.
• Mint state preservation and original luster, as circulated examples rarely exceed a few dollars.
• The specific mint of origin, with San Francisco (S) and Denver (D) strikes often carrying a slight premium over Philadelphia issues.
• Surface quality, including the absence of heavy contact marks or scratches on Jefferson's cheek.

How to Identify 1947 Jefferson Nickel?

• Verify the 1947 date on the obverse located to the right of Thomas Jefferson's ponytail.
• Check for the absence of a large mint mark above Monticello, which distinguishes it from the 1942-1945 silver alloy versions.
• Look for a small 'S' or 'D' mint mark to the right of the Monticello building for San Francisco or Denver strikes; no mark indicates Philadelphia.
• Confirm the metallic luster of a copper-nickel alloy, which lacks the distinct greyish-white patina of the preceding silver war nickels.

History of 1947 Jefferson Nickel

The Jefferson Nickel was first minted in 1938, replacing the Buffalo Nickel. The obverse features a portrait of Thomas Jefferson, third U.S. President, designed by Felix Schlag. The reverse depicts Monticello, Jefferson's Virginia estate. During World War II, from 1942 to 1945, the composition was temporarily altered to a silver and manganese alloy to conserve nickel for the war effort, identifiable by a large mint mark above Monticello. After the war, the original copper-nickel composition resumed, as seen in this 1947 example.