1954 Nickel
The 1954 Nickel, also known as the Jefferson Nickel, features Thomas Jefferson on the obverse and his Monticello home on the reverse. It is made from a copper-nickel alloy and does not contain silver. The 1954 Nickel is relatively common, with circulated coins typically worth face value. In uncirculated or mint-state condition, the value can range from $1 to $5 or more, especially for coins with rare mint errors or exceptional quality.
The 1954 Jefferson Nickel had a total mintage of over 47 million coins struck at the Philadelphia Mint. This was only slightly higher than the previous year and an abundance of coins to choose from when looking for your ideal 1954 Jefferson Nickel. While this coin is plentiful in circulated grades and many Mint State grades, it can be difficult to find in some of the highest grades with the Full Step designation. Full Step coins already demand a higher premium due to the sharper details and strike, and this one is valuable with that designation. It can be found all the way up to Mint State 67 for a relatively affordable price, making this a valuable coin for any collector.
AUCTION RECORD: $805 • MS67
Image source PCGS
History of the 1954 Jefferson Nickel
Cherrypicking is always advised with these coins that have a wide range of values and strike qualities. Depending on what you’re after, you could find the 1954 Jefferson Nickel in very low prices in circulated grades, or in the thousands for a Full Step beautiful specimen with excellent detailing and great overall eye appeal. The early designs of the Jefferson Nickel were designed by Felix Schlag. His images featured a left-facing profile of Thomas Jefferson on the obverse of the coin. The reverse of the coin features Jefferson’s Monticello home. There is no mint mark on this coin. The Jefferson Nickels have changed slightly in design over the years, but it is still in production today.
1954 Nickel Value
As of 2024, the value of a 1954 Nickel ranges from $0.05 (face value) in circulated condition to $1 to $5 in uncirculated condition. Factors like mint marks, grade, and any mint errors can significantly affect its value. Coins with higher grades or rare errors may command premium prices from collectors.
The 1954 Jefferson Nickel value ranges from around $800 to upwards of $8,800 for the highest grades of the coin in Mint State and Full Step. The Full Step designation is harder to find with this coin in higher grades, and will cost much more than a higher grade Mint State coin without the designation. The 1954 Jefferson Nickel would make a valuable addition to any Jefferson Nickel series collection.
Type of coin: Nickel
Year: 1954 Jefferson Nickel
Jefferson Nickel Mint Mark: Philadelphia
Total mintage: 47,684,050
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 1954 Nickel worth?
A 1954 Nickel is typically worth $0.05 in circulated condition. Uncirculated coins can range in value from $1 to $5, depending on their condition, mint mark, and rarity.
2. What is the value of a 1954 P Nickel?
A 1954 P Nickel, minted in Philadelphia, is generally worth $0.05 in circulated condition. In uncirculated condition, it can be worth between $1 and $5 or more.
3. What is the value of a 1954 D Nickel?
A 1954 D Nickel, minted in Denver, can be worth $0.05 in circulated condition. Uncirculated examples may range from $1 to $5 or more, with coins in better condition commanding higher prices.
4. What is the value of a 1954 S Nickel?
A 1954 S Nickel, minted in San Francisco, is worth $0.05 in circulated condition. Uncirculated examples may fetch $2 to $10, depending on their quality and rarity.
5. What factors affect the value of a 1954 Nickel?
The value of a 1954 Nickel depends on its condition, mint mark, and any errors or unique characteristics. Uncirculated coins or those with rare errors are more valuable to collectors.
6. Does the 1954 Nickel contain silver?
No, the 1954 Nickel is made from a copper-nickel alloy and does not contain silver. It has no intrinsic metal value beyond its collectible worth.
7. Where is the mintmark on a 1954 Nickel?
The mintmark on a 1954 Nickel is located to the right of Monticello on the reverse side. Coins from Philadelphia typically do not have a mintmark, while those from Denver ("D") and San Francisco ("S") will have their respective marks.
8. Are 1954 Nickels rare?
1954 Nickels are not considered rare, as they were minted in large quantities. However, coins in uncirculated condition or those with rare mint errors can be valuable to collectors.
9. How do I determine the grade of my 1954 Nickel?
The grade of a 1954 Nickel is determined by its wear and preservation. Coins with no visible wear are uncirculated and can be worth more. Consulting a coin grading guide or having a professional assess the coin can help determine its grade.
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