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Below are photographs of two Brilliant Uncirculated Jefferson nickels. Note that these are variations of dies used to mint the 1970-D Jefferson nickels. The die variation is clearly evident with the placement of the D in two different locations, one closest to the 1970 and the other closest to the rim of the coin. [1]
Jefferson nickels have been minted since 1938 at the Philadelphia and Denver mints and from the San Francisco mint until 1970. Key dates for the series include the 1939-D, and 1950-D nickels. The 1939-D nickel with a mintage of 3,514,000 coins is the second lowest behind the 1950-D nickel.
Like other coins, the value of errors is based in part on rarity and condition. In general, lower denomination errors are less expensive than higher denomination errors simply because more such coins are minted resulting in available errors. Due to improvements in production and inspection, modern errors are more rare and this impacts value. [3]
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With a metal such as nickel, which is harder than a normal coin metal like silver, gold or copper, the pressure must be greater. When a nickel coin, or any coin, is struck, the metal must "flow" into the contours of the front and back dies. It is through the atoms of the metal flowing into the dies that flow lines are created.
The modern version of the nickel, featuring Thomas Jefferson, debuted in 1938 and replaced the Buffalo nickel, according to the U.S. Mint. If you have a 1971 Jefferson nickel, hold on to it — it ...
Buffalo nickels are nostalgic coins that were in circulation from 1913 until 1938. Once a regular discovery in everyday life, these coins are now valued antiquities from a bygone period.
The Jefferson nickel has been the five-cent coin struck by the United States Mint since 1938, when it replaced the Buffalo nickel.From 1938 until 2004, the copper-nickel coin's obverse featured a profile depiction of Founding Father and third U.S. President Thomas Jefferson by artist Felix Schlag; the obverse design used in 2005 was also in profile, though by Joe Fitzgerald.