12 facts about 1940 Jefferson Nickel
Inception of the Jefferson Nickel: The 1940 Jefferson Nickel marked the third year of production for this iconic coin. It was introduced in 1938 to honor the 200th anniversary of Thomas.
Design Evolution: The 1940 edition retained Felix Schlag's original design, featuring a profile of Thomas Jefferson on the obverse and his beloved home, Monticello, on the reverse.
Composition Change: During World War II, nickel was a crucial resource, so the 1940 Jefferson Nickel underwent a temporary change in composition.
Silver Wartime Nickels: Due to the altered composition, these nickels are often referred to as "wartime nickels." They have a distinct mint mark above Monticello.
Mint Locations: The 1940 Jefferson Nickel was minted in three different locations: Philadelphia (no mint mark), Denver (D mint mark), and San Francisco (S mint mark).
Low Mintage: With the outbreak of WWII, nickel production decreased significantly, resulting in a lower mintage for the 1940 Jefferson Nickel compared to earlier years.
Scarce Mintages: Both the 1940-D and 1940-S have relatively low mintages, making them more sought after by collectors.
Condition Matters: Like all coins, the value of a 1940 Jefferson Nickel depends on its condition. Well-preserved specimens can fetch a higher price.
Numismatic Rarity: Certain error coins, such as double dies or repunched mint marks, can be exceptionally rare and valuable.
Collectible Varieties: Coin collectors enjoy seeking out the various subtypes and minor design variations within the 1940 Jefferson Nickel series.
Historical Significance: These coins provide a tangible connection to a pivotal period in American history, making them attractive to collectors and history buffs alike.
Online Resources: To learn more about the 1940 Jefferson Nickel and other numismatic treasures, explore online forums, coin shows, and specialized books to enhance your coin knowledge.