1974 Jefferson Nickel Value Guide

The 1974 Jefferson Nickel is a classic example of Felix Schlag's enduring design, which replaced the Buffalo Nickel in 1938. This specific year represents the mid-era of the original series, featuring the iconic portrait of the third U.S. President and his Virginia estate, Monticello.

What affects the value of 1974 Jefferson Nickel?

• The presence of 'Full Steps' on the base of Monticello significantly increases collector value.
• Overall strike quality and the absence of contact marks or 'bag marks' on Jefferson's cheek.
• Mint state certifications from services like PCGS or NGC for high-grade specimens.
• The specific mint location, as production numbers varied between Philadelphia, Denver, and San Francisco.

How to Identify 1974 Jefferson Nickel?

• Check the obverse for the sharp profile of Thomas Jefferson designed by Felix Schlag.
• Verify the reverse features a detailed depiction of Monticello, Jefferson's historic home.
• Look for the 'D' or 'S' mint mark near the date or on the reverse, or no mark for Philadelphia.
• Confirm the composition is the standard 75% copper and 25% nickel alloy used in 1974.

History of 1974 Jefferson Nickel

The Jefferson Nickel was first minted in 1938, replacing the Buffalo Nickel. The obverse features a portrait of Thomas Jefferson, the third U.S. President, designed by Felix Schlag. The reverse depicts Jefferson's Virginia home, Monticello. The design remained largely unchanged until 2004-2005 when new designs were introduced to commemorate the bicentennial of the Louisiana Purchase and the Lewis and Clark expedition, before returning to a modified Monticello reverse in 2006 with a new obverse portrait of Jefferson.