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Inventory:
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- Product ID: 3365
The Jefferson Nickel 1938-S BU (Brilliant Uncirculated) represents a significant milestone in American numismatics, being the very first year of the Jefferson Nickel series. The coin was introduced to replace the long-standing Buffalo Nickel, which had been in circulation since 1913. The transition to the Jefferson Nickel was part of a broader effort by the U.S. Mint to modernize its coinage while honoring one of the nation's founding fathers. This particular coin, minted in San Francisco, holds a unique place in the hearts of collectors and history enthusiasts alike.
The design of the Jefferson Nickel was created by artist Felix Schlag, who won a competition conducted by the United States Mint to determine the new nickel's design. Schlag's obverse features a classic portrait of Thomas Jefferson, rendered with striking detail and a dignified expression. The word "LIBERTY" is inscribed above Jefferson’s portrait, with the year of minting, "1938," positioned to the right. This portrayal not only captures Jefferson's likeness but also symbolizes his contributions as the author of the Declaration of Independence and as the third President of the United States. The choice to feature Jefferson on the nickel underscores the values of freedom and democracy that he advocated.
On the reverse side of the coin, Schlag beautifully depicted Monticello, Jefferson’s cherished estate in Virginia. The design of Monticello is both detailed and accurate, showcasing its iconic dome and elegant portico. The inscription “E PLURIBUS UNUM” arcs above the building, emphasizing the unity of the states, while “FIVE CENTS” is prominently displayed at the bottom. This design honors Jefferson’s architectural achievements and highlights his connection to the American landscape, serving as a reminder of his lasting influence on the nation’s identity.
he minting of the 1938-S Jefferson Nickel took place at the San Francisco Mint, one of several facilities responsible for producing U.S. coins. The 1938-S nickel has a total mintage of approximately 5,201,000 coins, which is lower than its Philadelphia counterpart, which had a mintage exceeding 19 million. The lower mintage of the San Francisco variety contributes to its appeal among collectors, making it a more limited and desirable find in the marketplace. The mint mark, which is located on the reverse side just to the right of Monticello, indicates that this coin was produced at the San Francisco Mint, allowing collectors to differentiate between the various minting facilities.
Condition plays a crucial role in the value and desirability of the 1938-S Jefferson Nickel. A coin graded as Brilliant Uncirculated (BU) exhibits its original luster and has not experienced any wear or damage. BU coins are characterized by their bright, shiny surfaces and crisp details, reflecting the quality of the minting process. Collectors highly value BU coins due to their aesthetic appeal, as they display well-defined features and minimal imperfections. The 1938-S nickel in BU condition is especially sought after for its historical significance and the rarity associated with coins from this minting year.
The Jefferson Nickel series has become a cornerstone of American coin collecting, and the 1938-S is a key date for many enthusiasts. Its introduction marked the beginning of a series that would see numerous design changes and modifications over the years. The 1938-S nickel stands out as a foundational piece in the collection, symbolizing the transition from the Buffalo Nickel to a design that honors one of the nation’s most revered figures.
As collectors pursue the 1938-S Jefferson Nickel, they often seek to complete sets that include this inaugural issue alongside subsequent varieties. The 1938-S nickel serves as a vital component for many collectors, who appreciate its design, history, and the narrative it tells about the evolution of American coinage. The demand for the 1938-S nickel remains robust, with both seasoned collectors and newcomers eager to own a piece of history that embodies the values of liberty and democracy.
The 1938-S Jefferson Nickel also offers insights into the practices of the U.S. Mint during the late 1930s. This period was marked by economic challenges and a push for modernization, and the introduction of the Jefferson Nickel represented a commitment to honoring America's heritage while embracing the future. The choice to feature Thomas Jefferson on a widely circulated coin reflected the Mint's desire to celebrate the principles of freedom and democracy, which were particularly resonant during that era.
In summary, the 1938-S Jefferson Nickel BU is an exceptional collectible that encapsulates a pivotal moment in American coinage history. With its elegant design, lower mintage from the San Francisco Mint, and pristine uncirculated condition, this coin is highly prized by collectors. As part of the broader Jefferson Nickel series, it continues to captivate numismatists who seek to celebrate the legacy of Thomas Jefferson and the ideals he represented. The 1938-S nickel is not just a beautiful piece of art; it serves as a lasting reminder of the rich history of the United States and its unwavering commitment to liberty and democracy.