1940 Jefferson Nickel

The 1940 Jefferson Nickel had an even larger mintage than the previous issue date from the Philadelphia Mint. With a mintage of over 176 million coins struck, it is very common in almost all circulated and uncirculated Mint State grades, in non-Full Step and Full Step versions up to about Mint State 69 which is pretty close to a perfect strike. Due to the commonness of the coin, it can also be found at affordable prices for even the most attractive of 1940 Jefferson Nickels. 

 

History of the 1940 Jefferson Nickel

The 1940 Jefferson Nickel is worth cherrypicking to find a coin that is well struck with great overall eye appeal. The Jefferson Nickel was designed by Felix Schlag. It is still in circulation today, although the designs have changed somewhat over the years. The obverse of the coin features a left-facing portrait of Thomas Jefferson’s head and the reverse showcases his Monticello home. The coins that feature the “Full Step” show a full and clearly detailed strike on the stairs leading up to his home. These Full Step varieties typically command a higher price. 

 

1940 Jefferson Nickel Value

The 1940 Jefferson Nickel value ranges between around $200 to upwards of $6,000 for the very highest grades of the coins available, which is pretty close to a perfect strike. This is a wonderful coin to add to any Jefferson Nickel collection because it can be found in excellent condition for a great price, adding value and beauty to any collection. The 1940 Jefferson Nickel would make a great entry coin for those looking to start collection the Jefferson Nickel. 

 

Type of coin: Nickel

Year: 1940 Jefferson Nickel

Jefferson Nickel Mint Mark: Philadelphia

Total mintage: 176,485,000

Metal content: 75% Copper, 25% Nickel

Face value: 5 Cents

Weight: 5.00 grams

Edge: Plain

Designer: Felix Schlag

Diameter: 21.20 millimeters