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Key Fact
Description
This is a United States nickel, specifically the Jefferson nickel, designed by Felix Schlag. The obverse features a profile of Thomas Jefferson, while the reverse displays his iconic home, Monticello. The coin is made of a nickel alloy and has a reeded edge. Its diameter is 21.21 mm, thickness is 1.95 mm, and it weighs 5.00 grams. This particular specimen shows signs of circulation, indicating it has been used in commerce.
History
The Jefferson nickel was introduced in 1938 to commemorate the 150th anniversary of Jefferson's tenure as Secretary of State and his architectural achievements. Felix Schlag's design, chosen through a competition, replaced the Buffalo nickel. This transition marked a significant shift in American coinage, moving towards portraits of presidents and national landmarks. The use of Monticello on the reverse highlighted Jefferson's passion for architecture and classical design.
Facts
The Jefferson nickel was the first US coin to feature a building. While the original design by Schlag remained largely unchanged, the Monticello engraving was modified slightly in 2004 and 2005 as part of the Westward Journey series. The coin's composition has also seen minor adjustments over the years to conserve nickel during wartime. Its enduring popularity makes it a staple in American pocket change and a common find for coin collectors.
Value Fact
Circulated Jefferson nickels, especially those from earlier dates without major rarities, typically trade at a modest premium over their face value, often ranging from $0.10 to $0.50 depending on condition and specific year. The demand is steady due to their widespread availability and historical significance. Coins with exceptional wear, damage, or common date marks will be at the lower end of this range, while better-preserved examples can command slightly higher prices.

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