Monticello Jefferson Nickels Worth
Welcome to one of the most fascinating stories in American numismatics.
The Monticello Jefferson nickel series has quietly become one of the hottest segments in rare coin collecting. Certain dates, mint marks, and conditions are now commanding six-figure and even seven-figure prices in private sales and elite auctions.
In this guide, you will discover:
The most valuable Monticello Jefferson nickels
Their history and unique features
Why collectors are paying massive prices
Current market values
Step-by-step tips to identify, buy, and protect them
Let’s begin this remarkable journey. 
1940-S Jefferson Nickel (Circulated) – Worth Up to $300,000+
Historical background 
The Jefferson nickel was introduced in 1938, replacing the Buffalo nickel, to honor Thomas Jefferson and his famous Virginia estate, Monticello.
The 1940-S version was struck at the San Francisco Mint, known for:
- Lower production volumes
- Higher strike quality
- Greater long-term scarcity
This coin was minted as the United States was emerging from the Great Depression and standing on the brink of World War II.
Unique features 
- Detailed portrait of Jefferson
- Intricate Monticello architecture on the reverse
- Subtle toning patterns from decades of aging
- Distinct “S” mint mark
Collectors often say these coins have “personality” due to their natural variations.
Rarity & value 
Even in circulated condition:
- Strong examples: $30,000 – $150,000
- Premium pieces: up to $300,000+
1942 Jefferson Nickel (No Mint Mark, Silver Alloy) – Worth Up to $570,000
Why this year is legendary 
During World War II, nickel was needed for military production. The U.S. Mint changed the composition:
- 35% silver
- Copper and manganese alloy
The no mint mark version was struck in Philadelphia.
How to identify it (step-by-step)
Date: 1942
No mint mark
Slight silver shine
Weight heavier than normal nickels
Large Monticello detail clarity
Market value
- Very Good condition: up to $570,000
- Certified examples often exceed expectations at auction
This coin is both a collector treasure and a serious investment asset.
1944-S Jefferson Nickel (Large Mint Mark, Circulated) – Worth Up to $970,000
Wartime significance 
Minted during WWII using silver alloy, the large “S” mint mark identifies the San Francisco Mint.
Why collectors go crazy for it
- Oversized mint mark
- Silver composition
- Limited survival rate
- Strong wartime historical appeal
Market value 
- Typical circulated premium: $750,000
- Exceptional specimens: up to $970,000
1946-S Jefferson Nickel (Extra Fine) – Worth Up to $225,000
Post-war collectible gem
Designed by Felix Schlag, this coin marked America’s transition back to peacetime coinage.
What makes it special
- Sharp Monticello columns
- Clean Jefferson facial details
- Strong remaining mint luster
- San Francisco mint scarcity
Value today
- Extra Fine condition: $180,000 – $225,000
1947 Jefferson Nickel (No Mint Mark, Excellent Condition) – Worth Up to $650,000+
Why it matters
- Post-WWII economy
- Philadelphia mint issue
- Extremely low survival in top condition
Collector value
- High-grade examples: $500,000 – $650,000+
This coin is considered a trophy piece among Jefferson nickel collectors.
1948 Jefferson Nickel (No Mint Mark, Circulated) – Worth Up to $800,000
A mid-century icon
Minted during a period of economic growth and stability, the 1948 Philadelphia issue is prized for:
- Clean strike quality
- Balanced metal composition
- Strong Monticello detail
Market value 
- Circulated examples: $170,000+
- Premium grades: up to $800,000
Demand continues to rise every year.
Step-by-Step Collector Checklist
Before buying or selling any Jefferson nickel:
Verify the date and mint mark
Confirm metal composition (silver vs standard)
Examine Monticello details
Check Jefferson’s hair and cheek definition
Never clean the coin 
Use PCGS or NGC for certification
Store in acid-free holders
Track auction prices regularly
Final Thoughts
These coins prove a powerful truth:
Small coins can carry massive value.
Monticello Jefferson nickels combine:
- American history
- Wartime significance
- Artistic craftsmanship
- Investment-grade rarity
If you own any nickels from 1940 to 1948, it may be worth far more than five cents.
Your next fortune could already be in your collection.
