1948 Jefferson Nickel
Beginning in 1938, the U.S. Mint changed the design of the popular five-cent part. The Buffalo Nickel was replaced with the Jefferson Nickel. This modern nickel design has been used for decades since, and is silent produced today. While you may not think that a nickel has any collectible value, nothing could be far from the truth. Some editions can be quite valuable, depending on year and condition .
For a mint collector, the mint ’ s condition may make or break the decision to acquire the coin. Coins in top condition are not only more valuable, but they are besides more visually pleasing .
Grading the 1948 Jefferson Nickel
For a coin of this senesce, the focus must be on the overall condition of the coin. While coins in lower conditions may still have some collectible measure, coin collectors generally entirely want coins that are in perfect condition. Finding coins in this condition can be highly difficult, however, given the total of time that these coins have been minted .
When you are trying to judge a coin ’ randomness condition, you are actually trying to get an mind of how that coin might be graded. Although the mint grading process is performed by professional grading companies, you can use the childlike guidelines below to get a tactile property for what a rate Jefferson Nickel might look like.
Uncirculated: Coin collectors will typically look to acquire coins that have not been used in circulation. Because these coins have not been used in circulation, they will not have the normal signs of damage and wear that circulated coins show. equitable looking at coins in this condition will make you think they were struck that day and are hot off the batch ’ s presses .
Extremely Fine: While coins in extremely fine condition may have very minor defects, these coins may hush be actively sought after by coin collectors. To be given this grade, any damage must be very child in nature, thus minor that it is normally only noticed under a very close physical examination of the mint .
Fine: Coins in ticket condition have been in circulation for some time, and the numerous exchanges are obvious. While the coin ’ mho images and text remain entire, they may have dangerous scratches or discoloration .
Good: Most of the Jefferson Nickels on the market today are in good condition. Due to the fact that they have been widely used and circulated, often for many years, these coins may have significant scratches, stain or other blemishes. A collector may choose to pass on coins in full condition for coins in highly ticket or uncirculated circumstance.
Pricing the 1948 Jefferson Nickel
To obtain an accurate estimate of the 1948 Jefferson Nickel ’ s value, you must first determine the type of mint. Mint year 1948 saw three types of coins produced. Besides the coin character, you must besides assess the mint ’ s circumstance. Collectors know and understand that coins in better condition typically sell for much higher premiums than alike coins of a lower grade. Use the chart below the make an theme of what you might expect to pay for a 1948 Jefferson Nickel based on character and rate .
1948 Jefferson Nickel
|1948 Jefferson Nickel||N/A||N/A||$1.50||$3.50|
|1948 Jefferson Nickel (D)||N/A||N/A||$2||$4.75|
|1948 Jefferson Nickel (S)||N/A||N/A||$2||$4.50||Source: Red Book|
All Market Updates are provided as a third base party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as fiscal advice .