1989 Jefferson Nickel Value Guide

The 1989 Jefferson Nickel is a staple of modern American coinage, continuing the legacy of the Felix Schlag design first introduced in 1938. While common in circulation, collectors seek high-grade specimens that showcase the intricate architectural details of Monticello on the reverse.

What affects the value of 1989 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 scratches from circulation.
• Mint state preservation, particularly coins graded MS65 or higher by professional services.
• The specific mint mark, as production volumes varied between Philadelphia and Denver.

How to Identify 1989 Jefferson Nickel?

• Check the obverse for the profile of Thomas Jefferson and the 1989 date stamp.
• Verify the reverse features Monticello, Jefferson's Virginia estate, with clear pillars.
• Look for the 'P' or 'D' mint mark located on the obverse, just below the date.
• Confirm the metallic composition is the standard 75% copper and 25% nickel alloy.

History of 1989 Jefferson Nickel

The Jefferson Nickel was introduced in 1938, replacing the Buffalo Nickel. Its design, by Felix Schlag, features Thomas Jefferson on the obverse and his home, Monticello, on the reverse. This coin has seen various changes over the decades, including modifications to Jefferson's portrait and the composition during wartime.