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1954 Proof Jefferson Nickel

Strike Type
1954 Proof Jefferson Nickel

Coin Details

Year
1954
Denomination
Nickel
Mint Mark
P
Strike Type
Proof
Series
Jefferson Nickels Original Design 1938-2003
Designer
Felix Schlag
Mintage
233,300
Composition
75% Copper, 25% Nickel
Weight
5g
Diameter
21.2mm
Edge
Plain

Value Estimates

$26 - $26

Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.

Auction Record

$1,550 PR69 01-24-2001 Heritage Auctions

Description

The 1954 Proof Jefferson Nickel is a proof nickel struck at the Philadelphia Mint, part of the Jefferson Nickels Original Design 1938-2003 series. With a mintage of 233,300, this is an extremely rare issue — the lowest mintage among 4 mint variants, representing only less than 1% of total production. The obverse features Thomas Jefferson facing left and the reverse displays Monticello, Thomas Jefferson's Virginia estate. Last year San Francisco struck nickels for circulation; the mint would not produce business-strike nickels again until 1968. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value is approximately $26. Struck in 75% copper, 25% nickel, weighing 5 grams, 21.2 mm in diameter, with a plain edge. Cataloged as PCGS #4186.

External References

Error Varieties(2)

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