1998 P Jefferson Nickel

Last updated: September, 18 2024
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CoinTrackers.com estimates the value of a 1998 P Jefferson Nickel in average condition to be worth 5 cents, while one in mint state could be valued around $1.25.


1998 P Jefferson Nickel
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  • Year: 1998
  • Mint Mark: P
  • Type: Jefferson Nickel
  • Price: 5 cents-$1.25+
  • Face Value: 0.05 USD
  • Produced: 688,272,000
  • Edge: Smooth






Notes:

Full Steps Nickel


Full steps is the standard when looking at the reverse. All lines present and clean are what you should look for when buying and selling.


Did you know?

During World War II from 1942 to 1945 this coin's composition was 35% silver. The other roughly 65% was a mixture of mostly copper and some manganese. Learn more about War Nickels.


1998 Nickel Errors

The year 1998 had no specific named errors. Random errors can include die cracks, double strikes, off-center strikes, or clipped planchets, among others.


What is a 1998 nickel made out of?

Cupronickel, an alloy of copper that contains nickel to strengthen the coin. 75% copper and 25% nickel


Are nickels made of 100% nickel?

They are not. They are a blend of 75% copper and 25% nickel.

Mintages

Production Chart




Price Chart

Rates listed here refer to professionally graded and slabbed coins. If new to collecting the prices below might not make sense.


Breakdown of pricing per condition for 1998 P Jefferson Nickel by individual grade.

  • Grade AU58 = $1-$1
  • Grade MS60 = $2-$3
  • Grade MS61 = $2-$4
  • Grade MS62 = $3-$5
  • Grade MS63 = $5-$8
  • Grade MS64 = $8-$13
  • Grade MS65 = $38-$63
  • Grade MS66 = $60-$100


Is the list above a little overwhelming? If so, take 5 minutes to learn all about Coin Grading.


It's also important to note...Prices are subject to the same supply and demand laws as everything else. Coins sold at the same auction house 10x, would fetch drastically different bids each session. To raise your chances of receiving top dollar read How to Get the Most for your Coins.


We've personally researched these values. If you enjoy our content please return the favor and share this page with your friends.


How much is a 1998 P Jefferson Nickel worth?

In Average Circulated (AC) condition it's worth around 5 cents, one in certified mint state (MS+) condition could bring as much as $1 at auction. This price does not reference any standard coin grading scale. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1998, and mint state meaning it is certified MS+ by one of the top coin grading companies. *** [?].


What are your coins really worth?

Use the handy-dandy calculator below to find the real value of any jefferson nickel in your collection.


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Specs & Design

This coin has a total mass of 5 g, a diameter of 21.21 mm, and a thickness of 1.95 mm. It's edge is smooth, and the coins are composed of 75% copper and 25% nickel.


Designer: Felix Schlag


Front (Obverse): The front of this coin has the bust of Thomas Jefferson featured front and center. The words IN GOD WE TRUST are on the left most portion, with the word LIBERTY on the right just above the date. If a mint mark is present it will be just below the date.


Back (Reverse): The reverse features the Monticello located in Albemarle County, VA. The Monticello was the long time home of Jefferson. The words E PLUIRIBUS UNUM, meaning out of many one are draped across the top, while the words FIVE CENTS, and UNITED STATES OF AMERICA are featured on the bottom.


Most Valuable

The most valuable Jefferson Nickel's. Prices listed are for MS-65 certified. Visit the link to learn more about each coin.

Image Year Mint Worth
Jefferson Nickel Image 1940 $170
Jefferson Nickel Image 1955 D $120
Jefferson Nickel Image 1963 D $102
Jefferson Nickel Image 1942 D $100
Jefferson Nickel Image 1940 D $90
Jefferson Nickel Image 1944 S $85
Jefferson Nickel Image 1939 S $80
Jefferson Nickel Image 1955 $80
Jefferson Nickel Image 1983 S $80
Jefferson Nickel Image 1938 D $75
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Image Name Mint Worth

Want more? Click here to see the most valuable coins ever minted.

***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. Call or visit your local coin dealer for more information.

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