Value of 1938 Jefferson Nickel

Value of 1938 Jefferson Nickel

The first year of Jefferson Nickels bought the new design of Felix Schlag. In normal grades, this coin is only worth face value. The 1938 Jefferson Nickel has no silver content. Look for this coins grade by looking at the steps on the reverse. If there are five full steps then the coin will be much higher grade. The highest grade comes with six steps. There is some speculation that this date also features a small double die error where there is a large date over a small date. This coin is 75% Copper, so it doesn’t carry any precious metal value.

The obverse text on the Jefferson Nickel reads “In God We Trust, Liberty” and the reverse text reads “E Pluribus Unum, Monticello, Five Cents, 5, United States of America.” The obverse of the coin has a bust of President Thomas Jefferson facing the left and the reverse depicts the full Monticello house built by Jefferson. Most Jefferson Nickel Five Cent pieces are worth face value. However, some of the coins have silver content or are less common. These coins may be worth slightly more. Any local coin dealer will try to buy these coins for face value, but our experts will make you an offer based on current auction values. If your coin is a better date coin or a rare coin, then rest assured that we will offer you top dollar! Please feel free to contact one of our experts to have them take a look at your rare coin and determine its worth. We are rare coin dealers!