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The Jefferson nickel has been the five-cent coin struck by the United States Mint since 1938, when it replaced the Buffalo nickel.From 1938 until 2004, the copper-nickel coin's obverse featured a profile depiction of Founding Father and third U.S. President Thomas Jefferson by artist Felix Schlag; the obverse design used in 2005 was also in profile, though by Joe Fitzgerald.
Below are photographs of two Brilliant Uncirculated Jefferson nickels. Note that these are variations of dies used to mint the 1970-D Jefferson nickels. The die variation is clearly evident with the placement of the D in two different locations, one closest to the 1970 and the other closest to the rim of the coin. [1]
Jefferson nickels have been minted since 1938 at the Philadelphia and Denver mints and from the San Francisco mint until 1970. Key dates for the series include the 1939-D, and 1950-D nickels. The 1939-D nickel with a mintage of 3,514,000 coins is the second lowest behind the 1950-D nickel.
As with just about any asset, a coin's value is determined by its market demand. This means that coins in short supply often see higher demand -- and higher values. With coins, supplies are limited...
The front design of the Jefferson nickel was modified in 2005 and 2006, according to Profile Coins & Collectibles. Nearly 18 million Buffalo nickels were struck during their run.
In modern presses, a die strikes approximately 120 coins a minute. This is a large number of coins produced in a short time, and obviously the die cannot last forever. However, the process of wearing the die is only hastened by the metals used in coins. Nickel, one of the main metals used in today’s coins, is quite hard and causes wear ...