1939 Jefferson Nickel Reverse Of 1940 Value

1939 Jefferson Nickel Reverse Of 1940 Value

1939 Jefferson Nickel Value

Mint Mark Location 1938-42 then 1946-1968
1940 Reverse Steps (Straight)

1938 Jefferson Nickel Wavy Steps
1938 Reverse Steps (Wavy)

1939 Jefferson Nickel Reverse Of 1940 Value depends on the condition, grade and if the steps are fully struck on the building (Full Steps), referred to as FS. So expect to see a value from $1 to $10 if found in your pocket change in grades almost uncirculated (AU) or less, and $15 plus for uncirculated raw examples.

1939 Jefferson Nickel Reverse Of 1940 Value graded and certified MS63 FS is worth up to $50 and in MS67 FS can be worth up to $3,500. However, to attain the higher values the coin must be graded by PCGS or NGC.

This a transitional design and the 1938 steps are “wavy” and uneven and the 1940 reverse steps are even and well defined.

Price guides offer values loosely based on coins already graded or encapsulated by PCGS and NGC, and rarely sample the values of raw, common and circulated coins.

Jefferson Nickels are not silver but consist mostly of copper with a balance of nickel that give them a “silver” appearance. The only exception is in 1942-1945 and they did contain 35% silver and 75%, but they must have the large mint mark on the back and above the Monticello Monument.


Nickel Planchets (1938-1942) 
Designer: Felix Schlag (FS) In 1966 these initials were added below Jefferson’s Bust.
Diameter: 21.2 millimeters
Metal content: Copper – 75%, Nickel – 25%
Weight: 5 grams
Edge: Plain
Mint mark:  To the right of the building on the reverse None (Philadelphia), S (San Francisco), D (Denver).

1942 through 1945 the mint mark was on the reverse for the only silver nickels during the War-Time. No mint mark for 1965, 1966 and 1967. In 1968 the mint mark was moved to the obverse and under the date.

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