1940 Proof Jefferson Nickel - Reverse of 1938
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
$28,750 PR68 01-05-2011 Heritage Auctions
Description
The 1940 Proof Jefferson Nickel - Reverse of 1938 is a proof nickel struck at the Philadelphia Mint, part of the Jefferson Nickels Original Design 1938-2003 series. With a mintage of 14,158, this is an extremely rare issue — ranked 0th of 3 mint variants by mintage, with 0% of production. The obverse features Thomas Jefferson facing left and the reverse displays Monticello, Thomas Jefferson's Virginia estate. Struck during the Great Depression, when mintages dropped sharply and the United States abandoned the gold standard in 1933. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value is approximately $131. Struck in 75% copper, 25% nickel, weighing 5 grams, 21.2 mm in diameter, with a plain edge. Cataloged as PCGS #94177.
External References
Error Varieties(2)
1940 Doubled Die Obverse WDDO-004
1940 Transitional Reverse Design WTRD-001
Other Strike Types in This Series
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