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The Jefferson Nickel Roll 1967 Special Mint Set (SMS) is an exceptional example of mid-20th century American numismatic craftsmanship. The 1967 SMS roll represents a specific era in the history of U.S. coinage, capturing both the artistry and the technological advancements in coin production. The Jefferson nickel, with its enduring design, was part of a unique production process during this period, making the 1967 SMS roll a significant collectible for enthusiasts and historians alike.
The Jefferson nickel, introduced in 1938, was designed by Felix Schlag, who won a competition to create the new five-cent coin that replaced the Buffalo nickel. The obverse of the Jefferson nickel features a left-facing profile of President Thomas Jefferson, the third President of the United States, with inscriptions that include “IN GOD WE TRUST,” “LIBERTY,” and the year of minting. The reverse showcases Jefferson’s Virginia estate, Monticello, accompanied by the inscriptions “MONTICELLO,” “E PLURIBUS UNUM,” and “NICKEL” with the denomination “FIVE CENTS.” This design remained largely unchanged until the end of the series, reflecting a consistent tribute to Jefferson’s legacy and the architectural grandeur of Monticello.
The 1967 SMS roll holds particular significance as it represents a unique aspect of U.S. coinage during a time of transition. In the mid-1960s, the U.S. Mint began producing Special Mint Sets as a response to the increasing demand for coinage and the rising costs associated with the production of proof coins. These Special Mint Sets were designed to offer collectors a high-quality alternative to circulation coins while circumventing the increased production costs of proof coins. The SMS coins were struck with a different process compared to regular business strikes, resulting in a distinctive finish that set them apart from standard coins.
The 1967 SMS nickels, including those found in the roll, were struck using a process that involved a special burnishing technique, which produced a higher level of detail and a unique satin-like finish. This technique created a striking contrast between the high points and the background of the coin, giving it a semi-proof appearance. The result is a coin that features sharp, crisp details with a smooth, matte-like surface, distinguishing it from both standard circulation strikes and proof coins.
Regarding mintage, the 1967 SMS roll contains coins from a year with a notably large mintage of the Jefferson nickel. For the 1967 series, the total production reached approximately 832.1 million coins across various mint facilities, reflecting the strong demand for five-cent pieces during that period. However, the Special Mint Sets, including the 1967 SMS roll, were produced in limited quantities compared to standard coins, making them rarer and more desirable among collectors.
The condition of the Jefferson Nickel Roll 1967 SMS is of utmost importance to collectors. Each coin within this roll is preserved in its original state, showcasing the high-quality satin finish characteristic of SMS coins. The coins exhibit minimal wear and retain their original luster, providing a clear view of the design elements and the craftsmanship of the U.S. Mint. The unblemished surfaces and well-defined details are a testament to the meticulous care and handling these coins have received over the years.
Overall, the Jefferson Nickel Roll 1967 SMS represents a notable chapter in the history of U.S. coinage. It captures the innovation of the Special Mint Sets and the enduring design of the Jefferson nickel. Collectors and numismatic enthusiasts value this roll not only for its historical significance but also for the unique quality and appearance of the SMS coins. The 1967 SMS roll stands as a testament to the U.S. Mint’s efforts to provide high-quality coins to collectors during a period of economic change, making it a prized addition to any collection.