1949 Nickel Value
The 1949 Nickel, part of the Jefferson Nickel series, features Thomas Jefferson on the obverse and Monticello on the reverse. Made from a copper-nickel alloy, it does not contain silver. In circulated condition, the 1949 Nickel is typically worth $0.05. However, uncirculated examples or those with rare mint errors can have values ranging from $1 to $5 or more, depending on their condition and rarity.
The 1949 Jefferson Nickel had a total mintage of over 60 million coins struck at the Philadelphia Mint. This year of issue from the Philadelphia Mint across all U.S. coins was known for being some of the worst craftsmanship to come out of the mint between 1940 and 1964. Due to this fact, the 1949 Jefferson Nickel is one of the most difficult to find in any grade at or above Mint State 66. If found in MS66 or higher, it would command a premium. Cherrypicking is highly advised with this issue date, and it would be well worth the effort and price tag to find a well-struck coin.
AUCTION RECORD: $7,695 • MS66+FS
Image Source: PCGS
History of the 1949 Thomas Jefferson Nickel
The 1949 Jefferson Nickel will likely be difficult to find well-struck with attractive surfaces. Some do exist, so it’s worth the effort to hunt for them if that’s what you seek for your collection. Felix Schlag designed the original Jefferson Nickel after winning a design contest. His coin features a left-facing Thomas Jefferson on the obverse, and Jefferson’s Monticello home on the reverse. There is no mint mark for Philadelphia minted coins at this time except for the war nickels a few years prior. The Jefferson Nickel is still in production today, although the designs have changed somewhat over the years.
1949 Jefferson Nickel Value
The 1949 Jefferson Nickel value ranges from around $1,100 to upwards of $6,300 for the highest Mint State and Full Step grades of the coin available, which appears to max out around Mint State and Full Step 66. It’s possible to build an affordable Jefferson Nickel series collection by seeking out circulated or lower grade coins that often go for well below $100. The 1949 Jefferson Nickel could make an accessible addition to any nickel series collection.
Type of coin: Nickel
Year: 1949 Jefferson Nickel
Jefferson Nickel Mint Mark: Philadelphia
Total mintage: 60,652,000
Metal content: 75% Copper, 25% Nickel
Face value: 5 Cents
Weight: 5.00 grams
Edge: Plain
Designer: Felix Schlag
Diameter: 21.20 millimeters
FAQ
1. How much is a 1949 Nickel worth?
A 1949 Nickel is typically worth $0.05 in circulated condition. In uncirculated condition, its value can range from $1 to $5 or more, depending on its grade and other factors.
2. What is the value of a 1949 P Nickel?
A 1949 P Nickel (minted in Philadelphia) is worth about $0.05 in circulated condition. In uncirculated condition, its value can increase to $1 to $3 or more, depending on the coin's preservation.
3. What is the value of a 1949 D Nickel?
A 1949 D Nickel (minted in Denver) generally has a value of $0.05 in circulated condition. In uncirculated condition, its value can range between $1 and $5, with higher grades commanding a premium.
4. What is the value of a 1949 S Nickel?
A 1949 S Nickel (minted in San Francisco) typically holds a value of $0.05 in circulated condition. Uncirculated examples can be worth $2 to $6 or more, depending on their grade.
5. What factors affect the value of a 1949 Nickel?
The value of a 1949 Nickel depends on factors like its condition (circulated or uncirculated), the mint mark (P, D, or S), and the presence of any rare mint errors. Coins in better condition or with mint errors can be more valuable.
6. Does the 1949 Nickel contain silver?
No, the 1949 Nickel is made from a copper-nickel alloy and does not contain silver. Its value is based on its collectibility rather than any precious metal content.
7. Where is the mint mark on a 1949 Nickel?
The mint mark on a 1949 Nickel is located on the reverse side, to the right of Monticello. Coins minted in Philadelphia have no mint mark, while Denver-minted Nickels have a "D" and San Francisco-minted Nickels have an "S."
8. Are 1949 Nickels rare?
The 1949 Nickel is not considered rare, as many were minted. However, coins in high-grade uncirculated condition or those with mint errors can be valuable and sought after by collectors.
9. How do I determine the grade of my 1949 Nickel?
To determine the grade of a 1949 Nickel, you need to assess its condition based on wear and detail. A coin with minimal wear and strong detail may be graded as uncirculated. Professional grading services can provide an accurate grade, which influences the coin's value.
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