1949 Jefferson Nickel
Circulation strike struck at the Philadelphia Mint · 60,652,000 made
- Mintage
- 60,652,000
- 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 1949 Jefferson Nickel worth?
In circulated condition it's worth face value. Only uncirculated coins with full original luster, or a recognized variety, carry a premium.
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 1949 Jefferson Nickel rare?
- Not by date: 61 million were struck. A sharp uncirculated coin or a known variety is what makes one special.
- Is the 1949 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 1949 Jefferson Nickel?
- On the reverse, to the right of Monticello. No mint mark means Philadelphia.
- Which Philadelphia dates near 1949 are scarcer?
- The 1950 at 9,796,000, the 1951 at 28,552,000, the 1953 at 46,644,000, plus 1 more. So the 1949 is on the scarcer side for those years.
- How many 1949 Jefferson Nickel coins were made?
- 60,652,000.
What to check on your 1949
- There's no mint mark on this one, so the date and condition are what matter.
- 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 60,652,000 made, you can still find a 1949 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 1949
Output at Philadelphia slipped to 60,652,000 in 1949, from 89 million the year before. In 1950 the figure was 9.8 million.
1949-S came to 9.7 million and 1949-D came to 36 million, so neither mint's 1949 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 1949 is on the scarcer side of the middle. Within the 1940s it's 22nd smallest of 31, between the 1945-S (59 million) and the 1948 (89 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 | 1949 |
| Mint | Philadelphia Mint |
| Mint mark | None |
| Strike type | Circulation strike |
| Mintage | 60,652,000 |
| Face value | 5¢ |
| Composition | 75% copper, 25% nickel |
| Weight | 5 grams |
| Diameter | 21.21 mm |
| Edge | Plain |
| Designer | Felix Schlag |
Other 1949 Jefferson Nickel issues
| Coin | Mintage | Type | Silver |
|---|---|---|---|
| 1949 Jefferson Nickel | 60,652,000 | Circulation strike | – |
| 1949-D Jefferson Nickel | 36,498,000 | Circulation strike | – |
| 1949-S Jefferson Nickel | 9,716,000 | 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.