Jefferson Nickel 1938 BU

The Jefferson Nickel 1938 BU (Brilliant Uncirculated) is a significant piece of American numismatic history, representing the first year of issue for a coin that has become an enduring symbol of the nation. The Jefferson Nickel was introduced to replace the Buffalo Nickel, which had been in circulation since 1913. The transition to this new design was part of a broader effort by the United States Mint to modernize its coinage and to honor the legacy of one of America's Founding Fathers, Thomas Jefferson. As a result, the 1938 Jefferson Nickel is not only a valuable collectible but also a piece that reflects a pivotal moment in American history.

The design of the Jefferson Nickel was the result of a competition held by the United States Mint, which sought a fresh and distinctive representation of Jefferson. The winning design was created by artist Felix Schlag, who captured Jefferson’s likeness in a manner that combined artistry and historical significance. The obverse of the coin features a striking profile of Thomas Jefferson, characterized by his well-defined facial features and the iconic hairstyle that was popular during his time. Surrounding the portrait are the inscriptions “LIBERTY” and “1938,” indicating the year of minting. This design pays homage to Jefferson’s contributions as a statesman and a founding architect of the United States.

On the reverse side of the coin, Schlag included a depiction of Monticello, Jefferson's Virginia estate, which serves as a fitting tribute to the man who was not only a president but also an architect, philosopher, and diplomat. The image of Monticello is beautifully rendered, showcasing its distinctive portico and dome. Above the building, the inscriptions “E PLURIBUS UNUM” and “MONTICELLO” are elegantly placed, while the denomination “FIVE CENTS” is located at the bottom. This design reflects Jefferson’s deep appreciation for architecture and history, encapsulating his vision for a nation grounded in liberty and democracy.

The minting of the 1938 Jefferson Nickel took place at multiple locations, including the Philadelphia, Denver, and San Francisco mints. This distribution was part of the standard practice at the time to ensure that sufficient quantities of coins were available for circulation across the nation. The Philadelphia Mint produced the majority of the coins, with a total mintage of 19,244,000. The Denver Mint produced 7,620,000 coins, while the San Francisco Mint contributed an additional 8,000,000 coins to the total supply. The varying mintages from these facilities add a layer of complexity to collecting, as enthusiasts often seek out specific mint marks to complete their collections.

The condition of a coin is paramount in determining its value, and the 1938 Jefferson Nickel in Brilliant Uncirculated (BU) condition is highly sought after by collectors. BU coins are characterized by their original luster and lack of significant wear, maintaining their pristine appearance. The surfaces of a BU 1938 Jefferson Nickel display a brilliant shine and a striking contrast between the devices and the fields, making it a visually appealing piece. Coins in this condition often exhibit well-defined details and sharp edges, showcasing the craftsmanship of the minting process. Collectors prize these coins for their aesthetic qualities and historical significance.

As time has passed, the 1938 Jefferson Nickel has garnered attention not only for its design but also for its role in American numismatic history. The introduction of the Jefferson Nickel marked a shift in coin design philosophy, moving towards representations that celebrated American ideals and figures. Jefferson, with his commitment to the principles of liberty and democracy, serves as an ideal figure to represent the values of the United States. Collectors often seek this coin not only for its beauty but also for the story it tells about the nation's evolution.

Over the years, the Jefferson Nickel has continued to evolve, with various design changes and commemorative issues being introduced. However, the 1938 BU coin remains a foundational piece for any collector interested in American coinage. Its historical context, combined with its artistic design, ensures that it holds a special place in the hearts of numismatists. Many collectors enjoy building sets that include the first year of issue, and the 1938 Jefferson Nickel is a key component of such collections.

he market for the 1938 Jefferson Nickel in BU condition remains robust, with demand driven by both seasoned collectors and newcomers to the hobby. Auctions and coin shows frequently feature this iconic coin, and it is often seen as a staple among American numismatic offerings. Prices for the coin can vary based on condition, mint mark, and overall demand, making it a versatile addition to a collection.

In conclusion, the 1938 Jefferson Nickel BU is a remarkable piece of numismatic history that captures the essence of an important period in American culture. Its design, which honors Thomas Jefferson and Monticello, reflects the values and aspirations of the nation. The coin's mintage across multiple mint locations, coupled with its brilliant uncirculated condition, makes it a highly collectible item that resonates with collectors. Whether admired for its beauty or appreciated for its historical significance, the 1938 Jefferson Nickel continues to be a treasured piece of American heritage.

• Denomination: N/A
• Year: 1938
• Diameter: N/A
• Mint Mark: N/A
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• Grade: N/A