• 1948 Jefferson Nickels (1938–) Values

Greysheet & Red Book® PRICE GUIDE

coin-icon-tr
Values / U.S. Coins / Nickels / Jefferson Nickels (1938–) / 1948 Jefferson Nickels (1938–)

The Greysheet Catalog (GSID) of the Jefferson Nickels (1938–) series of Nickels in the U.S. Coins contains 6 distinct entries with CPG® values between $0.25 and $2,000.00. The first Jefferson nickels were coined in 1938 and remain in production to the present. The nickel was designed

The Greysheet Catalog (GSID) of the Jefferson Nickels (1938–) series of Nickels in the U.S. Coins contains 6 distinct entries with CPG® values between $0.25 and $2,000.00.

The first Jefferson nickels were coined in 1938 and remain in production to the present. The nickel was designed by Felix Schlag, whose artwork for the coin was selected in a competition in which 390 artists submitted designs; Schlag's entry won him an award of $1,000.

While the Jefferson nickel is among the nation's longest-running coin series, it offers very few major regular-issue rarities. The 1939-D and 1950-D issues are the scarcest coins in terms of overall mintage, though these are relatively affordable in all circulated grades and even in most uncirculated grades. Among the significant business-strike varieties are the 1939 Doubled Monticello, 1942-D Over Horizontal D, 1943-P 3/2, 1943-P Doubled Eye, 1945-P doubled reverse, 1954-S S Over D, and 1955-D D Over S.

The 1971 No-S proof Jefferson nickel is a rare variety that crosses into four-figure territory on the higher end of the grading spectrum, while the 1994-P and 1997-P special strikes are among the most valuable issues from recent years. From 2004 through 2005, the series was used as a canvas for special bicentennial issues honoring the 200th anniversary of the Lewis and Clark Expedition. When the regular design was resumed in 2006, a new three-quarters profile of Jefferson by Jamie Franki and sculpted by Donna Weaver debuted on the obverse.

Regular-strike Jefferson nickels featuring five or six full steps across the bottom of Monticello are significantly scarcer than examples showing softness in the strike across this area of the reverse. So scarce are these so-called Full Steps Jefferson nickels that none are known for some dates above MS65.

See More See Less
1948 5c MS
Value Range: $0.30 - $780
$0.30 - $780
1948 5c MS FS
Value Range: $22.00 - $2,000
$22.00 - $2,000
1948-D 5c MS
Value Range: $0.40 - $275
$0.40 - $275
1948-D 5c MS FS
Value Range: $11.00 - $475
$11.00 - $475
1948-S 5c MS
Value Range: $0.25 - $125.00
$0.25 - $125.00
1948-S 5c MS FS
Value Range: $16.00 - $900
$16.00 - $900

Available on Greysheet Marketplace

View All
1952-S 5c MS

Buy Now: $30.00

2013-P 5c MS FS

Auction Ends: 6/29/2026

1943-S 5c Silver MS

Auction Ends: 6/15/2026

1951-D 5c MS

Buy Now: $35.00

Dealer Directory

View All Dealers

Greysheet News

View All News
In Memory of Joel Iskowitz, Coin Designer
In Memory of Joel Iskowitz, Coin Designer
6/5/2026

Joel Iskowitz, who designed more than 50 coins and medals for the United States Mint, has died at the age of 79.

United States Mint Kicks Off Sales for 2026 FIFA World Cup™ Commemorative Coins June 4
United States Mint Kicks Off Sales for 2026 FIFA World Cup™ Commemorative Coins June 4
6/4/2026

The United States Mint has begun accepting pre-orders for products in the FIFA World Cup 2026™ Commemorative Coin Program.

Proof Sets Through History
Proof Sets Through History
6/4/2026

It is imperative that you research any Proof set before purchasing in order to determine the number of silver coins, the fineness, and the total weight of the silver content as they vary from year to year and from type of Proof set.