1948 Jefferson Nickel Value
Mintage: 89,348,000
Finest Known: MS67+ (NGC) MS67 (PCGS)
Auction Record: $1,650 (MS67)
1948 Jefferson nickel. Image: USA CoinBook
The 1948 Jefferson nickel is a common date coin up to grades below MS65.
The Value of A 1948 Jefferson Nickel
The Philadelphia Mint kept worn coin dies in service longer than usual in 1948, continuing the cost-saving measures adopted after WWII. This meant that dies were polished to remove defects from overuse, then placed back into production.
This resulted in the dies losing minor details and making soft-looking impressions even when fully struck. These same problems mean that Full Steps 1948 Jefferson nickels are comparatively scarce. However, the sheer number of 1948 Jefferson nickels struck means that finding an acceptable non-FS example is easy.
1948 Jefferson Nickel Price Guide
| Very Fine | Extremely Fine | About Uncirculated |
|---|---|---|
| FV | FV | $1 |
| Mint State 61 | Mint State 63 | Mint State 65 | Auction Record (MS67) |
|---|---|---|---|
| $5 | $14 | $30 | $1,650 |
1948 Full Steps Jefferson Nickel Price Guide
Finest Known: MS65 FS (NGC) MS67 FS (PCGS)
Auction Record: $4,800 (MS66 FS)
| Mint State 61 FS | Mint State 63 FS | Mint State 65 FS | Auction Record (MS66 FS) |
|---|---|---|---|
| $8 | $35 | $90 | $4,800 |
The information on this page does not constitute an offer to buy or sell the coin(s) referred to. Proof and prooflike examples of this issue may have greater or lesser "finest known" and different record auction prices.