1939-D 5C Reverse of 1938 Jefferson Nickel
The 1939-D Jefferson Nickel, Reverse of 1938, is a fascinating coin with a complex history that attracts both collectors and historians. These coins were struck at the Denver Mint and are notable for featuring the design of the 1938 reverse, making them especially appealing for numismatists and educators alike.
Mintage and Mint
The total mintage for the 1939-D Jefferson Nickel stands at 3,514,000 pieces. These coins bear the "D" mint mark denoting their origin at the Denver Mint. Despite the relatively modest mintage, the 1939-D 5C is not extraordinarily rare overall. However, its particular "Reverse of 1938" variant does boost its desirability among collectors due to its distinct minting detail differences.
Rarity and Scarcity
The rarity of this coin comes into greater focus when considering its condition. Specimens in high grades, especially those that are well-struck, are less common. Due to this scarcity in top-tier conditions, the coin is highly sought after by collectors aiming for complete Jefferson Nickel sets. Coins at the higher end of the grading spectrum, particularly MS66 and above, are infrequent and carry a premium.
Historical Perspective
From a historical viewpoint, the 1939-D 5C piece is notable for its representation of American numismatics at a pivotal time. It's a testament to the transitional period in coinage designs and technology leading up to the more standardized minting processes post-World War II.
Value and Auction Records
Auction results have demonstrated variability in the coin's value, influenced by grading and market conditions. As of recent sales, prices for an MS65 grade can range substantially, often fetching several hundred dollars. Higher grades, such as MS67 or those with a Full Steps designation, command significantly higher premiums, at times exceeding the $1,000 mark at auction.
PCGS CoinFacts and Grading
According to PCGS CoinFacts, the PCGS number for the 1939-D Reverse of 1938 is 4006. This numbering is crucial for collectors using PCGS's grading and registry systems. Observing PCGS population reports gives further insight into the rarity, revealing the limited number of coins that have attained premium grades.
Conclusion
For collectors, the 1939-D Jefferson Nickel with the Reverse of 1938 remains an intriguing choice due to its limited mintage, design history, and conditional rarity. Its appeal is enhanced by its place within the larger story of American coinage evolution, making it a prized piece for both new and seasoned numismatists. The coin serves not only as a collectible but also as a connection to a transitional era in Mint history, offering a tangible link to the past.
