Jefferson Nickel · Nickels

1954 Jefferson Nickel Proof

Proof struck at the Philadelphia Mint · 233,300 made

Proof
Mintage
233,300
Metal
75% copper, 25% nickel
Weight
5 g
Diameter
21.21 mm

Original illustration. Tap to flip. Not a photograph of the actual coin.

Copper content3.75grams
Value band: Small premium

Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.

What is a 1954 Jefferson Nickel Proof worth?

Age alone gives this coin a small premium, even worn. Sharp details and original surfaces push it higher.

What would make yours worth more:

  • Grade and, for proofs, strong cameo contrast
  • A die variety or minting error

For market prices, check recent sold results for certified coins in the same grade.

Quick answers

Is the 1954 Jefferson Nickel Proof rare?
Not especially. The Mint made 233,300 for collectors. Most were kept in their original packaging.
Is the 1954 Jefferson Nickel Proof silver?
No. It's 75% copper, 25% nickel. The only silver nickels are the 1942 to 1945 wartime coins with a large mint mark above Monticello.
Where is the mint mark on a 1954 Jefferson Nickel?
On the reverse, to the right of Monticello. No mint mark means Philadelphia.
How many 1954 Jefferson Nickel proofs were made?
233,300.
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What to check on your 1954

  • There's no mint mark on this one, so the date and condition are what matter.
  • Judge the grade under good light. The steps of Monticello are the key: coins with 5 or 6 full steps (5FS / 6FS) sell for large premiums. On the obverse, check Jefferson's cheekbone and hair.

Proofs from 1954 come with and without frosted devices. Coins with strong contrast are labeled Cameo or Deep Cameo and are worth more.

The story of the 1954

Return to copper-nickel and the 1950-D (1946 to 1955)

The prewar alloy of 75 percent copper and 25 percent nickel returned in 1946, along with the small mint mark to the right of Monticello. Output was modest in the late 1940s as wartime demand eased. The 1950-D, with only 2.6 million coined, became the key date of the series. Speculators hoarded it in rolls almost at once, so it is found in uncirculated condition more often than worn.

Overmintmarks from this period include the 1949-D/S, 1954-S/D and 1955-D/S, created when a die was punched with one mint mark and then corrected with another. San Francisco stopped striking nickels after 1954. Philadelphia struck a low 8.3 million in 1955. Coins from these years are common in uncirculated condition, but full steps examples are scarce for many dates, especially from Denver and San Francisco.

How to recognize it

Felix Schlag's portrait shows Thomas Jefferson facing left with IN GOD WE TRUST, LIBERTY and the date. The reverse shows the front of Monticello, Jefferson's home, with MONTICELLO and FIVE CENTS below. The mint mark was to the right of the building until 1964 (above the dome on wartime silver nickels) and moved to the obverse, near the date, in 1968. Schlag's initials FS were added below the bust in 1966.

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Mintage chart

Jefferson Nickel circulation mintagesLog scale · hover or tap a bar · 1938–2003
1M10M100M1B

Specifications

SeriesJefferson Nickel (1938–2003)
Year1954
MintPhiladelphia Mint
Mint markNone
Strike typeProof
Mintage233,300
Face value5¢
Composition75% copper, 25% nickel
Weight5 grams
Diameter21.21 mm
EdgePlain
DesignerFelix Schlag

Other 1954 Jefferson Nickel issues

CoinMintageTypeSilver
1954 Jefferson Nickel47,684,050Circulation strike–
1954 Jefferson Nickel Proof233,300Proof–
1954-D Jefferson Nickel117,183,060Circulation strike–
1954-S Jefferson Nickel29,384,000Circulation strike–
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Mintage: United States nickel mintage figures (Wikipedia, CC BY-SA 4.0), compiled from US Mint records and the Guide Book of United States Coins. How we build these pages.