1948 Nickel Value – The 1948 nickels were minted in three separate facilities, and they come in three distinct varieties. Philadelphia, Denver, and San Francisco are among them. The Denver nickel will feature a D mint mark, while the San Francisco nickel will feature an S mint mark. The Philadelphia nickel will be devoid of a mint mark.
To aid add more money to circulation after World War 2, a general increase in nickel production was finished. In 1948, the US Mint produced more than 144 million nickels combined from the three main mints, resulting in 89,348,000 examples of the Jefferson Nickel being manufactured in Philadelphia.
Except for those produced between 1942 and 1945, all Jefferson nickels are composed of 75% copper and 25% nickel. Each weighs 5.0 grams and is 21.21mm in diameter. On the coin’s edge, there is no reeding.
The Jefferson Nickel was created to honor Thomas Jefferson, the third President of the United States, and was first minted in 1938.
Felix Schlag, the designer, selected a basic design that was centered on Jefferson and his life. The Jefferson Nickel, one of the longest-running nickel series, is still in circulation today.
Schlag opted for a left-facing bust of President Jefferson and followed the design features of earlier coins ( foreign coins worth money ).
On the obverse’s left field, the motto “IN GOD WE TRUST” may be seen. The inscription “LIBERTY” and the date of manufacture are in the right field.
Monticello, Jefferson’s house, is depicted on the other side. The mottos “E PLURIBUS UNUM” and “UNITED STATES OF AMERICA” may be seen centered above and below Schlag’s depiction of Monticello, respectively.
How Much Is A 1948 Nickel Worth?
The condition of the 1948 nickel will determine its value without a mint mark. In general, a 1948 nickel in circulated condition will cost between 10 and 20 cents. The condition may be worth between $1 and $1.50 if it is distributed but the grade is high.
MS-65 graded coins are significantly less common and command a greater premium over other grades. The 276 cards that have been graded by PCGS are valued at $27. PCGS has only graded one coin and it is worth $1,650 in MS-67 condition.
As previously stated, most 1948 Jefferson Nickels in circulation are worth less than face value and may be obtained for that reason. The quantity that has survived in high condition is astonishing given the huge quantities minted in 1948.
-1948 No Mint Nickel Value
On the reverse of all 89,348,000 1948 Jefferson nickels produced in Philadelphia, there is no mint mark. Since many of them have survived to this day, they are the most prevalent coin on the market. Unfortunately, finding high-rating specimens is nearly impossible.
Even those in the higher grades have an average value of $0.80 to $1.50, and you may readily locate circulated pieces worth a little 10 to 20 cents.
The most valuable 1948 MS 67 Jefferson nickel currently on the coin market has an auction record of $3,736.25.
-1948 S Nickel Value
In comparison to the other two, the 1948 S nickel has a low mintage. On the right side of Monticello, you’ll find the S mint mark on the reverse side of the coin. The coin will be worth between $0.05 and $0.75 if it is in circulated conditions.
How much is a 1948 s nickel worth if you ask? However, depending on the grade, a coin in uncirculated condition may be worth between $1 and $35. This nickel, for example, might be worth $22 based on the MS 65 grade. This nickel, on the other hand, may easily sell for more than $800 in an MS 67 grade.
An auctioned 1948 S nickel-graded MS 67+FS was sold for $12,000 in 2021, which is unusual since coin collectors usually have such immaculate coins.
-1948-D Nickel Value
The Denver facility produced the 1948 D nickel, which has a D mint mark. There were almost 45.5 million coins made from this series. On the right side of the coin, you may see the mint mark.
These coins’ worth is minimal. In good, fine, and extra fine condition, the coin will be worth $0.05 for example.
The 1948 d nickel, on the other hand, may be worth $2.93 if it is uncirculated. A collector paid more than $6,000 for a well-preserved specimen of this nickel. The nickel was graded MS 67, indicating that it was in perfect condition.
1948 Nickel Error Value List
On your 1948 nickels, you may discover several odd mistakes and varieties, some of which are worth a lot of money. Collectors were lucky in 1948 because there were a large number of Jefferson nickel varieties and errors.
Several of them are worth a lot of money and may be difficult to come by. As a result, if your budget is not tight, you should seek these costly items. The 1948 error nickels that are definitely worth collecting are shown below.
-1948 Double Die Error Nickel Worth?
On coins, the die may be struck twice at various angles many times. This results in a one-of-a-kind doubling, which boosts the worth of these coins. Double-die mistakes such as eye doubling, five cents, and Monticello can be found on the 1948 nickel.
It might be worth $30 to $50 if you uncover such a flaw in the coin.
If your nickel has a rare double-die mistake, it might be worth over a thousand dollars, but no such uncommon mistakes have been reported to exist. The value will depend on how serious the double-die mistake is.
-1948 Nickels with Off-Center Errors
A portion of the design will be missing if a coin or die struck is incorrectly centered. Some forms of off-center mistakes are less common than others, but they aren’t uncommon. They’re rather prevalent as oddities go, with an off-center error missing 5% to 10% of the design retailing for $3 to $10.
More than $75 can be spent on more significant off-center errors. Missing roughly half of the design but nonetheless displaying the coin’s completion date and, if applicable, its mint mark is the most significant off-center error.
-Repunched Mint Mark On 1948 Nickels
Mint marks were still manually added to the dies by US Mint workers in the late 1940s, and this caused numerous fascinating variations. The letter would be punched onto the die again if the die was mispunched, such as when it was struck in the wrong position or location.
Mint marks have been punched again and again in certain situations. The more prominent the mint mark repunched, the higher the variety’s value. Some are worth $7 to $15, and some are worth much more.
-1948 Jefferson Nickel Worth With Cuds And Die Breaks
Other mistakes on the 1948 nickel include cuds and die breaks. With time, the dies lose their strength and may develop fissures on the coin surface. On both sides of the coin, such flaws result in raised lines or lumps.
A coin like this may easily be worth $5 to $100 dollars, depending on the rarity and condition of the coin. If there are minor die cracks and cuds, the value of that 1948 nickel will not be too high, of course, depending on the error position and size.
A large elevated and flattened bump on the rim of the nickel will be among the most advantageous die break error types. These might sell for more than a hundred dollars.
That’s why we recommend looking closely at the coin’s mistake to see how much it’ll be worth when you sell it so that you can avoid making the same mistake.
1948 Jefferson Nickel Value by Grading
While most collectors choose to buy coins certified by PCGS or NGC, you may also assess their quality on your own. Most 1948 Jefferson nickels are AU 50 or less in grade and cost less than $1 each. Only a high-quality specimen will make a professional appraisal cost-effective.
Most lower-grade examples are only worth face value because there are a large number of 1948 nickels that have survived to the point where they can be found in circulation.
Learn More About Jefferson Nickel Value Depth:
1943 1950 1957 1964
The most important thing is to inspect your nickel thoroughly and follow official instructions. Even the tiniest flaws on the coin surface may be seen with the help of a magnifying glass, according to most experts.
-Good Condition: The majority of the Jefferson Nickels available today are in good shape. These coins may have significant scratches, discoloration, or other blemishes because they have been extensively used and circulated for many years.
Coins in good condition may be passed on by a collector, while coins in a high-grade or uncirculated state may be passed on by another.
-Extremely Fine Condition: Notice the little patches of wear both removing luster and tiny amounts of metal on the old example. Nickel in Extremely Fine grade has very little wear on the high points. The condition is defined by a detailed appearance.
The forehead is emphasized with a prominent, well-defined hairstyle. Just a little quantity of metal is lost due to the visibility of small strands. Just at the summit of contours are flattened areas.
The metal is beginning to smooth out and change color from the top of Jefferson’s skull to his ear. The coin has a good look due to its bold, highly profiled features and coat.
-Extra Fine Condition: Coins in this grade have lost their beautiful luster and exhibit the first indications of a dull grey polish. At first glance, they appear to be flawless, but an expert can detect minor imperfections on the surface very quickly. The highest points, particularly on the President’s hair, have started to show signs of wear.
Jefferson was the third US President, with a portrait on one American coin obverse, after Lincoln and Washington. In 1948, the majority of coins produced were in low denominations and had little worth. Certain uncommon examples and those with a mistake, on the other hand, may be costly.
Collectors prize certain uncommon specimens that have remained untouched because the 1948 Nickel value is not high. Surprisingly, among the most costly pieces are a few highly-rated coins minted in Philadelphia. The San Francisco mint strikes are considered the most valuable.