Coin Specifications

Category: Jefferson Five Cents (1938-Date)
Mint: Philadelphia
Mintage: 19,496,000
Catalog: KM-192
Obverse Designer: Felix Schlag
Reverse Designer: Felix Schlag
Composition: Copper-Nickel
Weight: 5.00 Grams
Diameter: 21.2mm
Edge: Plain
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1938 5C MS obverse 1938 5C MS reverse


  
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Description & Analysis

The new Jefferson Nickels were not released until late in 1938, and even then the coins were difficult to obtain in quantity. As collectors and speculators sought to put away complete rolls of fresh coins, this situation was frustrating for about a year or so. Finally, remaining stocks of Buffalo Nickels were depleted, and the 1938 Jeffersons became common and were hoarded by the roll.

This issue is readily available in all grades through MS 66, and there are enough MS 67 coins to meet the demands of the most competitive collectors. The original master hub for this type's reverse was indistinct in the portico and steps of Monticello, so coins certified with five full steps (5FS) are rare, and 6FS coins are all but unknown.

Minor doubled-die obverse varieties are known for this issue, and these make a nice supplement to an otherwise very common coin.

GRADE SUMMARY

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Price Guide

Last Updated: 10/7/2014

Click on a price to see historical prices, comparison charts and trends.

1938 5C MS
  GVGFVFXF5053555861626364656667686970
Base $ 0.24 0.30 0.42 0.90 1.20 1.80 2.10 2.40 2.70 4.20 4.80 7.25 13.50 23.00 45.00 250 - - -
$ - - - - - - - - - 30.00 65.00 500 -
1938 5C MS Five Full Steps
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - - - - 40.00 110 285 2850 - - -
$ - - - - - - - - - - - - -
1938 5C MS Six Full Steps
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - - - - - - 1800 - - - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Census

 
NGC GRADE SUMMARY

Total Graded: 932
Low Grade: F
Average Grade: 65
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/2/2002 NGC MS 67   Heritage Auctions Exclusively Internet Auction #22042, 22042/Lot# 13184 $111.55
5/4/2005 PCGS MS 66   Five Full Steps Heritage Auctions 2005 St. Louis, MO (CSNS) Signature Auction #372, 372/Lot# 6253 $517.50
9/13/2006 PCGS MS 66   Five Full Steps Heritage Auctions 2006 September Long Beach, CA Signature Auction #416, 416/Lot# 1119 $517.50
11/9/2009 NGC MS 66   David Lawrence Rare Coins Monday - Internet Auction # 426, 432/Lot# 254 $21.00
4/18/2010 PCGS MS 65   Teletrade Auction 2839, 2839/Lot# 1653 $287.50
8/14/2011 PCGS MS 64   GreatCollections GreatCollections Coin Auctions 08/14/2011, 131/Lot# 14927 $12.00
10/10/2014 PCGS MS 66   Five Full Steps Stack's Bowers November Baltimore 2014, 6039/Lot# 14616 $152.75


NGC Registry

NGC Registry Score 1938 5C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333333333612167285395442522849
333333333333481335761884114696310
0000003333334813357618841146900
00000033333351015538129242649500
1938 5C MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base333333366691616202859115201774159933
33333346671116172338781443921049159930
00000046671116172338781443921049159900
00000056681416192549961725831324159900
1938 5C MS Five Full Steps
 PrAgGVGFVF4045505355586061626364656667686970
Base66699121620242872811021151231633957932936558233
6679101317212543758810611813624052815073818558230
00000017212543758810611813624052815073818558200
00000019232757789511112015031866022224700558200
1938 5C MS Six Full Steps
 PrAgGVGFVF4045505355586061626364656667686970
Base999121220242832378110216318323727245023523057612166858686
99101215212529345288122170201249331108425874078630973520
0000002529345288122170201249331108425874078630900
0000002731356695143176219260391171828225100649700
Registry Image Gallery
Grade: MS 67 5FS
Points: 2936
Owner: rockhobby
 
Grade: MS 66 5FS
Points: 793
Owner: Weidel Cameo Coins
 
View the Registry Image Gallery

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