Description and Analysis

Jefferson Five Cents
1940 REV OF 38 5C PF

Description & Analysis

It was clearly an unintentional oversight when the Philadelphia Mint coined 1940 proof nickels with this obsolete reverse having indistinct features such as the wavy steps of Monticello.

Examples are rather scarce, but they are not as rare as the 1939 proof nickel having the Reverse of 1940. Still, these coins do command a premium and are quite popular.