1958 Nickel
The 1958 Nickel, part of the Jefferson Nickel series, features Thomas Jefferson on the obverse and his Monticello home on the reverse. Made from a copper-nickel alloy, it does not contain silver. In circulated condition, the 1958 Nickel is typically worth its face value of $0.05, but uncirculated or rare examples can be valued between $1 and $5 or more, depending on the condition and mint mark.
The 1958 Jefferson Nickel had a total mintage of over 17 million coins struck at the Philadelphia Mint. The 1958 Jefferson Nickel is a highly valuable coin, especially in the highest uncirculated grades. It is scarce in Mint State 66, and anything higher than that is considered rare. With the Full Step designation, above MS66 it is considered very rare. The higher grade Full Step versions of this coin will command quite a premium and it’s definitely a coin that is for the serious collector. For those looking to spend much less on their collection, this is a very plentiful coin in most grades, especially circulated grades.
AUCTION RECORD: $588 • MS66+
Image source: PCGS
History of the 1958 Jefferson Nickel
As the strike and quality of the 1958 Jefferson Nickel varies so much, it is worth the effort to cherrypick this coin to find exactly what you’re looking for. It ranges from common to very rare depending on the circumstances. The design of this coin was won in a competition by Felix Schlag. His original designs appeared on the early part of this series, and although it is still in production today, the designs have changed somewhat over the years. The reverse of the coin features Thomas Jefferson’s Monticello home, while the obverse of the coin showcases Thomas Jefferson himself in profile. The 1958 Jefferson Nickel ranges widely in what kind of quality one will find, so care is to be taken when finding a good deal.
1958 Thomas Jefferson Nickel Value
The 1958 Jefferson Nickel value ranges from around $500 to upwards of over $13,000 for the highest Mint State and Full Step grades of the coin. This is another one in the series that is more difficult to find in uncirculated grades and commands a premium, yet is very plentiful in circulated and lower Mint State grades and can be found for reasonable and affordable prices for those looking to save some money on building this collection out.
Type of coin: Nickel
Year: 1958 Jefferson Nickel
Jefferson Nickel Mint Mark: Philadelphia
Total mintage: 17,088,000
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 1958 Nickel worth?
A 1958 Nickel is worth around $0.05 in circulated condition. In uncirculated condition, the value can range from $1 to $5 or more, depending on the coin's grade and mint mark.
2. What is the value of a 1958 P Nickel?
A 1958 P Nickel (minted in Philadelphia) is generally worth its face value of $0.05 in circulated condition. Uncirculated examples are valued between $1 and $3, depending on their condition.
3. What is the value of a 1958 D Nickel?
A 1958 D Nickel (minted in Denver) is worth about $0.05 in circulated condition. In uncirculated condition, it can be worth between $2 and $5, depending on its grade.
4. Are 1958 Nickels rare?
The 1958 Nickel is not considered rare, as millions were minted. However, uncirculated coins or those with rare errors can be more valuable to collectors.
5. Does the 1958 Nickel contain silver?
No, the 1958 Nickel is made from a copper-nickel alloy and does not contain silver. Its value is based on its condition and collectibility rather than intrinsic metal content.
6. What factors affect the value of a 1958 Nickel?
The key factors affecting the value of a 1958 Nickel include its condition, mint mark, and the presence of any mint errors. Higher-grade coins and those with rare errors can command a premium.
7. Where is the mint mark on a 1958 Nickel?
The mint mark on a 1958 Nickel is located to the right of Monticello on the reverse side. Coins without a mint mark were minted in Philadelphia, while Denver-minted coins bear a "D" mint mark.
8. How can I determine the grade of my 1958 Nickel?
The grade of a 1958 Nickel is determined by its wear and overall condition. Coins with minimal wear and sharp details are considered uncirculated. Professional coin grading services can provide an accurate grade, which directly affects the coin’s value.
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