coin

Thomas Jefferson Nickel

Jefferson Nickel

When we think Nickel the Thomas Jefferson nickel is what comes to mind, or at least what comes to mind here in the United States. It's been around for so long it's the only nickel most of us have ever seen in circulation. (1938-2014)

With an exception of the War Nickels 1942-1945 (56% copper, 35% silver, and 9% manganese minted during World War II) it has always contained 75% copper and 25% nickel. The nickel is one of the most valuable coins minted in terms of its actual intrinsic metal value. At the time this article was written the coin is worth .07 or .08 each. Because of this there is a melt ban in place on nickels to prevent people from buying thousands of dollars worth of these coins, and melting them down for a hefty profit.

The Jefferson nickel is 21.21 mm in diameter and weighs 5 g. Since it has always lacked much intrinsic value it does not have a reeded edge like other "white metalic" coins, and thus there is no reason for persons to "scrape" it's metal edges for shavings.

The original Thomas Jefferson nickel was designed by Felix Schlag, but there has recently been a redesign. In 2006 the Jefferson nickel had a small update and was redesigned by Jamie Franki.

This coin replaced the Buffalo / Indian Head Nickel

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* Notice as of December 2006 it is illegal to melt down US Minted Pennies and Nickels, and there is a $10,000 fine to help enforce the law. It is legal however to melt down silver dollars, half dollars, dimes, quarters for their content.

Thomas Jefferson Nickel Values


* Notice as of December 2006 it is illegal to melt down US Minted Pennies and Nickels, and there is a $10,000 fine to help enforce the law. It is legal however to melt down silver dollars, half dollars, dimes, quarters for their content.