1938 (S) Jefferson Nickel
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$1,645 MS68 08-10-2016 Heritage Auctions
Description
The 1938 (S) Jefferson Nickel is a nickel from the San Francisco Mint, belonging to the Jefferson Nickels Original Design 1938-2003 series. With a mintage of 4.1 million, this is a scarce issue — the lowest mintage among 3 mint variants, representing only 14% of total production. The obverse features Thomas Jefferson facing left and the reverse displays Monticello, Thomas Jefferson's Virginia estate. First year of the Jefferson Nickel, replacing the Buffalo Nickel. Felix Schlag won the public design competition. Coined at the San Francisco Mint, which transitioned from Gold Rush-era production to its modern role producing proof and collector issues. Estimated market value ranges from $1 to $19 depending on grade and condition. Struck in 75% copper, 25% nickel, weighing 5 grams, 21.2 mm in diameter, with a plain edge. Cataloged as PCGS #4002.
External References
Error Varieties(3)
1938-S Doubled Die Obverse WDDO-001
1938-S Doubled Die Obverse WDDO-002
1938-S Doubled Die Reverse DDR-001
Other Strike Types in This Series
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