1994 Jefferson Nickel Value Guide
The 1994 Jefferson nickel is made of 75 percent copper and 25% nickel. The Jefferson nickel was first struck in 1938 and is still being issued by the US Mint today.
The only time that the Jefferson nickel changed its composition was during World War II.
From 1942 to 1945, the Jefferson nickel and other US coins needed to change their composition. Nickel was an important raw material in producing bullets and weapons.
Congress asked the US Mint to remove nickel from the coins. The US Mint responded by using 56% copper, 35% silver, and 9% manganese.The US Mint restored the original cupro-nickel composition.
Nevertheless, the design of Schlag stood the test of time. His design was used from 1938 until 2004. In 2005, the nickel received a new design from Joe Fitzgerald.
The obverse of the 1994 nickel features the image of Thomas Jefferson, the third president of the United States. On the reverse, you’ll find the front view of Jefferson’s mansion, the Monticello.
The 1994 Jefferson nickel comes with four official varieties. These varieties differ in their mint mark and how they are struck.There are also error coins that made it out of the mint center.
In 1995, the Denver Mint would produce even more nickels in a single year. Circulated 1994 nickels are priced at around $0.28 to $1.13.
The 1944 S proof nickel coins are well-struck.They are so beautifully made that many of these coins are in PR70 grade.There’s also a good demand for nickel-proof coins.