Whitman Expo
Demand for early copper and Colonial-era numismatic treasures drives strong results in Heritage Auctions' July 13 Early Copper & Colonial U.S. Coins Showcase Auction
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Mint State coins per se are plentiful, but most have problems of one sort or another—erratic luster, weak details, and sub-par eye appeal. Five Full Steps and 6 Full Steps coins exist and can be found with good eye appeal, but are few and far between. The 1940-S is a good example of the necessity to look beyond the step count and insist on eye appeal as well.
Obverse Description
Felix Schlag's portrait of Jefferson, facing left, with the motto IN GOD WE TRUST on the left periphery, and LIBERTY * [year] on the right side.
Reverse Description
The Jefferson home is prominently centered with the name MONTICELLO captioned below. The denomination FIVE CENTS is spelled out in half circle underneath and the words E PLURIBUS UNUM and UNITED STATES OF AMERICA appear at the top and bottom periphery. The mintmark is positioned on the right side of Monticello.
Source: Q.David Bowers
Catalog Information
GSID:
3228
Designer:
Felix Schlag
Obverse Designer:
Felix Schlag
Obverse Lettering:
LIBERTY, IN GOD WE TRUST, 1940
Reverse Designer:
Felix Schlag
Reverse Lettering:
MONTICELLO, FIVE CENTS, E PLURIBUS UNUM, UNITED STATES OF AMERICA
Weight (gr):
5 gr
Weight (oz):
0.1608 oz
Strike Type:
Business
Diameter:
21.2
Coin Shape:
Round
Edge:
Plain
Coin Date:
1940-S
Denomination:
5c
Designation:
MS
Mint Location:
San Francisco
Mint Mark:
S
Mintage:
39,690,000
Coinage Type:
Jefferson nickel
Coinage Years:
1938-
Composition:
75% copper; 25% nickel
PCGS #:
4009
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Coin Value History
1940-S 5c MS
Value By Grade
1940-S 5c MS
CPG (retail) values
Currency
Grade Range
Grading Authority
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Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| OGP* | - | $8.50 | $1,234 |
| MS67 |
|
$245.00 | $1,234 |
| MS67 | - | $1,234 | $1,234 |
| MS66 |
|
$1,234 | $1,234 |
| MS66 | - | $1,234 | $1,234 |
| MS65 |
|
$1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
| XF45 | - | $1,234 | $1,234 |
| XF40 | - | $1,234 | $1,234 |
1940-S Jefferson Nickel. MS-67 (PCGS).
$149
1940-S/S 5C FS-501, MS65 ANACS. Housed in a small-sized holder. Mintage 36,690,000....
$74
1940-S 5C Jefferson Nickel -- Tapered Planchet -- NG NGC. 4.1 gm....
$84
1940-S 5C MS66 Prooflike NGC....
$312
1940-S 5C Jefferson Nickel -- Struck 15% Off Center -- MS62 NGC....
$139
1940-S 5C MS64 PCGS. PCGS Population (35/562). NGC Census: (20/210). Mintage: 36,690,000. Numismedia Wsl. Price for problem...
$16
1940-S 5C Jefferson Nickel Struck 5% off-Center at K-1:00 AU55 ANACS. NGC Census: (0/231). PCGS Population (1/593). Mintage:...
$69
1940-S 5C MS67 NGC. NGC Census: 93 in 67 (3 in 67+), 0 finer (2/26). CDN: $150 Whsle. Bid for NGC/PCGS MS67. Mintage 36,69...
$99
1940-S/S Jefferson Nickel. FS-501. Repunched Mintmark. MS-65 (PCGS).
$120
Roll of 1940-S Jefferson Nickels. Mint State (Uncertified).
$264
1940-S 5c NGC MS66
$25
1940-S 5c NGC MS64 ex: Richmond Collection
$13
1940-S 5C MS67 PCGS. PCGS 30th Anniversary. PCGS Population: (14/0). NGC Census: (75/0). CDN: $200 Whsle. Bid for NGC/PCGS ...
$169
1940-S/S 5C Repunched Mintmark, FS-501, MS65 PCGS. PCGS Population: (13/16). NGC Census: (16/8). Mintage 36,690,000....
$77
1940-S/S 5C Repunched Mintmark, FS-501 MS66 PCGS. PCGS Population: (7/0). NGC Census: (4/0). Mintage 36,690,000....
$270
1940-S --Doubled Die Obverse--MS64 ANACS. ...
$37
1940-S 5C MS67 NGC. NGC Census: (75/0). PCGS Population: (13/0). CDN: $200 Whsle. Bid for NGC/PCGS MS67. Mintage 36,690,000...
$154
1940-S 5c PCGS MS65
$12
1940-S 5C MS66 Prooflike NGC. NGC Census: (149/62). PCGS Population: (354/5). Mintage 36,690,000....
$212
1940-S --Doubled Die Obverse--MS64 ANACS. ...
$32
Jefferson Nickel 5c Memorial Reverse, 1938-2003 MS [Type]
Worth: $0 – $6
Jefferson Nickel 5c Silver War Issues, 1942-1945 MS [Type]
Worth: $3 – $60
Jefferson Nickel 5c Westward Journey, 2004-2005 MS [Type]
Worth: $0 – $12
Jefferson Nickel 5c Westward Journey, Satin Finish, 2005 MS [Type]
Worth: $0 – $75
Jefferson Nickel 5c Modified Portrait, 2006- MS [Type]
Worth: $0 – $275
Jefferson Nickel 5c Modified Portrait, Satin Finish, 2006- MS [Type]
Worth: $2 – $150
1938 5c MS
Worth: $0 – $150
1938 5c MS FS
Worth: $40 – $2,500
1938-D 5c Jefferson MS
Worth: $1 – $1,400
1938-D 5c Jefferson MS FS
Worth: $15 – $2,600
1938-S 5c MS
Worth: $2 – $2,000
1938-S 5c MS FS
Worth: $80 – $800
1939 5c Reverse of 1938 MS
Worth: $1 – $1,500
1939 5c Reverse of 1938 MS FS
Worth: $85 – $1,200
1939 5c Reverse of 1940 MS
Worth: $1 – $800
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Events
Midlands Coin Club Coin, Currency and Collectibles Show - SC
Location: Medallion Center
Friday, May 1, 2026
