1954 Jefferson Nickel
Circulation strike struck at the Philadelphia Mint · 47,684,050 made
- Mintage
- 47,684,050
- Metal
- 75% copper, 25% nickel
- Weight
- 5 g
- Diameter
- 21.21 mm
Original illustration. Tap to flip. Not a photograph of the actual coin.
Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.
What is a 1954 Jefferson Nickel worth?
Worn examples are worth face value and can be spent. Keep it only if it looks uncirculated or shows a known variety.
What would make yours worth more:
- Uncirculated condition with full original luster
- Full steps on Monticello (5FS or 6FS)
- 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 rare?
- Not by date: 48 million were struck. A sharp uncirculated coin or a known variety is what makes one special.
- Is the 1954 Jefferson Nickel 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.
- Which Philadelphia dates near 1954 are scarcer?
- The 1955 at 7,888,000, the 1950 at 9,796,000, the 1958 at 17,088,000, plus 5 more. So the 1954 is one of the easier dates of its stretch.
- How many 1954 Jefferson Nickel coins were made?
- 47,684,050.
What to check on your 1954
- There's no mint mark on this one, so the date and condition are what matter.
- Proof or circulation strike? A proof has mirror-like fields and frosted design details and was sold to collectors, not released in change. The 1954 Jefferson Nickel Proof (233,300 made) is the one to compare with.
- 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.
With 47,684,050 made, you can still find a 1954 in rolls, old jars and inherited collections. The coins worth keeping are the uncirculated ones and any with a doubled die or other variety.
The story of the 1954
Philadelphia made 47,684,050 in 1954, about the same as the year before. In 1955 the figure was 7.9 million.
1954-S came to 29 million and 1954-D came to 117 million, so neither mint's 1954 coin is much scarcer than the other.
Across Philadelphia's 64 Jefferson Nickel issues, the hardest to find is the 1955 with 7,888,000 made. The 1954 is on the scarcer side of the middle. Within the 1950s it's 16th smallest of 24, between the 1953 (47 million) and the 1953-D (60 million).
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.
Mintage chart
Specifications
| Series | Jefferson Nickel (1938–2003) |
|---|---|
| Year | 1954 |
| Mint | Philadelphia Mint |
| Mint mark | None |
| Strike type | Circulation strike |
| Mintage | 47,684,050 |
| Face value | 5¢ |
| Composition | 75% copper, 25% nickel |
| Weight | 5 grams |
| Diameter | 21.21 mm |
| Edge | Plain |
| Designer | Felix Schlag |
Other 1954 Jefferson Nickel issues
| Coin | Mintage | Type | Silver |
|---|---|---|---|
| 1954 Jefferson Nickel | 47,684,050 | Circulation strike | – |
| 1954 Jefferson Nickel Proof | 233,300 | Proof | – |
| 1954-D Jefferson Nickel | 117,183,060 | Circulation strike | – |
| 1954-S Jefferson Nickel | 29,384,000 | Circulation strike | – |
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.