The 1950-D Jefferson Nickel holds a special place in the world of numismatics, celebrated for its historical significance and appeal to collectors. Minted in Denver, this coin is part of the Jefferson Nickel series, which began in 1938 to honor the third U.S. President, Thomas Jefferson. The 1950-D issue stands out due to its relatively low mintage and its role in the post-World War II era of American coinage.
Historical Context
Introduced in 1938, the Jefferson Nickel replaced the Buffalo Nickel, featuring a portrait of Thomas Jefferson on the obverse, designed by Felix Schlag. The reverse showcases Monticello, Jefferson’s Virginia estate. The 1950-D Jefferson Nickel was struck during a period of economic recovery following World War II, with the Denver Mint producing 2,630,030 of these nickels—a notably low mintage compared to other years, making it a key date for collectors.
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Key Features
- Obverse: Features a left-facing portrait of Thomas Jefferson, with “IN GOD WE TRUST” along the left rim, “LIBERTY” and the year “1950” on the right, and the “D” mintmark below the date.
- Reverse: Displays Monticello with “E PLURIBUS UNUM” above, “UNITED STATES OF AMERICA” along the rim, and “FIVE CENTS” below.
- Composition: 75% copper, 25% nickel.
- Diameter: 21.2 mm.
- Weight: 5 grams.
Collectibility and Value
The 1950-D Jefferson Nickel is prized for its low mintage, which drives demand among collectors. Its value varies based on condition, with uncirculated examples commanding higher prices. Below is a simple chart illustrating approximate values based on grade (data sourced from general numismatic references, as of 2025):
| Grade | Approximate Value (USD) |
|---|---|
| Good (G-4) | $0.50 – $1.00 |
| Fine (F-12) | $1.00 – $2.00 |
| Very Fine (VF-20) | $2.00 – $5.00 |
| Extremely Fine (EF-40) | $5.00 – $10.00 |
| Uncirculated (MS-60) | $10.00 – $20.00 |
| Uncirculated (MS-65) | $50.00 – $100.00 |
Note: Prices are approximate and can fluctuate based on market trends and coin condition. Full Steps (FS) designations, indicating sharp detail on Monticello’s steps, can significantly increase value.
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Why Collectors Love It
The 1950-D Jefferson Nickel is a favorite due to its scarcity and historical context. Its low mintage makes it a challenging yet rewarding find for collectors building a complete Jefferson Nickel set. Additionally, high-grade specimens with Full Steps are particularly sought after, often fetching premiums at auctions.
Tips for Collectors
- Check Condition: Look for coins with minimal wear and strong details, especially on Monticello’s steps.
- Authentication: Ensure authenticity and grading through reputable services like PCGS or NGC.
- Storage: Store in a cool, dry place using proper coin holders to preserve condition.
The 1950-D Jefferson Nickel is more than just a five-cent piece—it’s a tangible link to mid-20th-century America and a must-have for serious collectors. Whether you’re a novice or a seasoned numismatist, this coin offers a blend of history, rarity, and beauty that makes it a standout addition to any collection.
FAQs
1. Why is the 1950-D Jefferson Nickel so special?
Because of its low mintage of only 2.6 million, making it one of the rarest in the Jefferson Nickel series.
2. Where was the 1950-D Jefferson Nickel minted?
It was minted in Denver, as indicated by the “D” mintmark.
3. What is the coin made of?
It’s composed of 75% copper and 25% nickel.
4. How much is a 1950-D Jefferson Nickel worth?
Its value ranges from about \$0.50 in worn condition to \$100 or more in uncirculated grades with Full Steps.
5. What makes a “Full Steps” nickel valuable?
Full Steps refer to sharp detail on Monticello’s steps—an indicator of a well-struck coin that boosts its value.
