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Key Fact
Historical significance
The Jefferson Nickel was introduced in 1938 to honor Thomas Jefferson, the third President of the United States. It replaced the Buffalo Nickel and features Jefferson’s portrait on the obverse and his home, Monticello, on the reverse.
Design Evolution
The original design by Felix Schlag has undergone several changes over the years, including modifications in the composition of the coin, especially during World War II when nickel was needed for the war effort.
Collectibility
Coins from the 1940s are of particular interest to collectors due to their historical context and the changes in minting practices. The 1940 Jefferson Nickel is often collected for its design and historical value.
Value Fact
The value of the 1940 Jefferson Nickel can vary based on condition, rarity, and demand among collectors. Generally, this coin is more valuable in higher grades. Coins that are well-preserved or have unique characteristics tend to fetch a premium in the market.

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