Coin Specifications

Category: Jefferson Five Cents (1938-Date)
Mint: Philadelphia
Mintage: 3,514,000
Obverse Designer: Felix Schlag
Reverse Designer: Felix Schlag
Composition: Copper-Nickel
Weight: 5.0000g
Diameter: 21.2mm
Edge: Plain
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1939 REV OF 38 5C MS obverse 1939 REV OF 38 5C MS reverse


  
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Description & Analysis

This was the first year of production for Jefferson Nickels, and the huge mintage of 1939(P) clearly reflects this fact. Both the obverse and reverse master hubs were revised from the 1938 coinage, the obverse at the very beginning of 1939 and the reverse a little later, after minting had already commenced. Thus, a minority of 1939(P) nickels have the old style reverse, with its indistinct central features of Monticello.

1939(P) Rev of 38 nickels are relatively scarce across all grades, though heavily worn pieces are probably indistinguishable as to their reverse subtype. Examples having any degree of full steps are extremely rare. Since NGC did not distinguish the two reverses for many years, the numbers below are incomplete and may rise as previously certified coins are resubmitted for the complete description.


GRADE SUMMARY

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Price Guide

Last Updated: 11/4/2015

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1939 REV OF 38 5C MS Five Full Steps
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - - 58.00 165 350 1500 - - -
$ - - - - - - - - - - - - 6850 -

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Census

 
NGC GRADE SUMMARY

Total Graded: 113
Low Grade: VG
Average Grade: 64
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
7/24/2000 PCGS MS 66   Five Full Steps Teletrade Auction 1337, 1337/Lot# 1170 $92.65
11/8/2004 PCGS MS 66   Five Full Steps Heritage Auctions 2004 November Palm Beach, Florida Bullet Sale #359, 359/Lot# 658 $155.25
4/9/2006 PCGS MS 66   Five Full Steps Teletrade Auction 2186, 2186/Lot# 1116 $201.60
4/15/2007 PCGS MS 64   Five Full Steps Heritage Auctions Sunday Internet Coin Auction #67044, 67044/Lot# 23129 $50.00
7/8/2010 NGC MS 66   David Lawrence Rare Coins Thursday - Internet Auction # 495, 501/Lot# 7204 $345.00
7/7/2011 PCGS MS 66   Five Full Steps Heritage Auctions 2011 July Orlando Summer FUN Signature US Coin Auction Session(4), 1157/Lot# 7723 $747.50


NGC Registry

NGC Registry Score 1939 5C MS REV OF 38 Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base333333333666912284510246674590811521494
3333333346671017346422355979998912660
0000003346671017346422355979998900
00000033566811233983345652854107100
1939 5C MS REV OF 38 Five Full Steps
 PrAgGVGFVF4045505355586061626364656667686970
Base33333669999912122423053990821243281479010180
333346799991012169333366213132510378465870
000000799991012169333366213132510378400
0000008999911122016143678517192895428700
1939 5C MS REV OF 38
 PrAgGVGFVF4045505355586061626364656667686970
Base333333366666992067119220684261429185525
33333346666791336841533751327271537870
00000046666791336841533751327271500
000000566668916511021865291971281700
Registry Image Gallery
Grade: MS 67
Points: 684
Owner: Daniel Beavers
 
Grade: MS 67
Points: 684
Owner: GILMORE
 
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