Pre War Jefferson Nickels 1942 and older - Lot of 92 Coins

Lot of 92 Jefferson Nickels 1942 and older

The Jefferson nickel was first minted in 1938 and replaced the Buffalo nickel.

Felix Schlag designed the Jefferson nickel and was paid $1,000 for winning a design competition amongst 390 different artists. However, officials at the United States Mint did not like the style of lettering he chose for the coin and his rendering of Monticello (Jefferson's home). The winning design had a view of Monticello from the corner of the house. The mint officials wanted a head-on view of the iconic building.

This was the third circulating coin that the United States Mint eliminated a symbolic figure from the coin, such as Lady Liberty or an American Indian, and replaced the portrait on the obverse with a former president of the United States. Previous redesigned coins included Abraham Lincoln was featured on the penny in 1909, and in 1932 George Washington began being featured on the quarter.

The coin weighs 5 grams and comprises 75% copper and 25% nickel. Approximately halfway through 1942, to save raw material for the war effort, the composition was changed to 56% copper, 35% silver, and 9% manganese (.05626 t oz ASW). This silver composition continued until the end of 1945. The Jefferson nickel has a diameter of 21.2 mm and has a plain edge.

Seller Location: Georgia, United States
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