Welcome! If you want to know about the 1958 Jefferson Nickel, you’re in the right place. We’ll tell you how much this coin is worth today. Whether you like coins, collect them, or just found a 1958 nickel and are curious, we have the information you need. Keep reading to learn more about this coin and how much it’s worth now. According to US Coin Apps Expected Jefferson 1958 Nickel Values/worth is $0.10 to $0.20 cents in Oct 2023, Or if you have a 1958 Nickel in perfect, uncirculated condition, it could fetch sale up to $250 in the market.
Table of Contents
ToggleSpecifications of 1958 Jefferson Nickel:
Category: Jefferson Nickel
Year: 1958
1958 Jefferson Mintage: 17,963,652
Mint Mark: Philadelphia (No Mint Mark)
Face Value: $0.05 USD
Composition of 1949 Nickel: 75% Copper, 25% Nickel
Weight: 5grm
Diameter: 21.2mm
Coin Looks Like: Obverse, Reverse, Mint Mark Location, Special Features, etc.
Obverse/Reverse Designer: Felix Schlag
Edge: Smooth
How Much is a 1958 Nickel Worth today 2023?
On average, a 1958 nickel worth today can range from its face value of $0.05 in normal condition to an upwards of $4.00 for uncirculated coins. Notably, excellent condition samples can fetch higher prices, one even spotted for sale at $4.003. Uncirculated coins with full steps on Monticello, or proof nickels with high mint shine, can command significantly higher prices.
1958 Jefferson Nickel Value |
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Condition of Coin |
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Date |
Good |
Fine |
Extremely |
Mint |
1958 Jefferson Nickel Value Up-Dated |
2023 |
|||
1958 |
$0.10 |
$0.05 |
$0.05 |
$0.43 |
1958 D |
$0.05 |
$0.05 |
$0.10 |
$1 |
Source: Coin Study
Grading Ways
The “grade” of a coin refers to its condition or quality, which directly influences its value. Grading ranges from “About good” (heavily worn coins) to “Mint State” (coins in perfect condition). For a 1958 Jefferson Nickel, understanding the grade could be very crucial when determining its worth.
Here are some factors to help you identify the grade of your 1958 Jefferson Nickel:
- Uncirculated or Mint State: If the nickel looks like it’s brand new without any wear or tear and retains its luster, it is of the highest grade.
- Extremely Fine: Minor wear but with a sharp design and most of the luster.
- Fine or Very Fine: The coin shows moderate wear, a flat surface, but key details of design are still discernible.
- Good to Very Good: The coin is heavily worn, but the main features are visible, albeit flat and smooth.
- About Good or Fair: Only the outline of the design is visible and there is heavy wear on all surfaces.
Condition of 1958 Jefferson Nickel
A coin’s condition or quality significantly affects its value. Coins are graded on a scale ranging from “Poor” to “Mint State.” The 1958 nickel value can increase dramatically based on its condition:
- Circulated (Fine to Extremely Fine) condition: Worth around $0.05 to $0.10.
- Uncirculated (MS60 to MS63) condition: Worth between $1 to $4.
- High-grade uncirculated (MS65 or higher): Ranges from $9 to $15, or even higher for Full Steps specimens.
1958 Nickel No Mint Mark
Image Source: coinstudy.com
There were 168,249,288 Philadelphia-minted (no mint mark) 1958 nickels, which are the most common. Denver (D mint mark) minted 120,530,939 nickels, and there were 875,652 Proof nickels minted in Philadelphia (bear no mint mark, but have a mirror-like surface). Despite these numbers, none of these 1958 nickels are considered rare due to their relatively high mintage numbers.
Jefferson Mint Marks
Mint marks can impact a coin’s value. The 1958 Jefferson nickel features three different mint marks:
- No mint mark: Philadelphia Mint
- D: Denver Mint
- S: San Francisco Mint (used only for proof nickels).
Although the 1958 nickel value isn’t affected substantially by the mint mark, all else being equal, better condition examples or proof versions will command a premium.
1958 Jefferson Nickel Value Chart
1958 Nickel Value |
|||
Regular Strike | MS-64 | MS-65 | MS-66 |
1958-P Nickel | $9.45 | $51 | $455 |
1958-P Nickel FS | $74 | $292 | $2,500 |
1958-D Nickel | $1.5 | $6.75 | $47.25 |
1958-D Nickel FS | $13.5 | $37.8 | $54 |
Proof Strike | PR-67 | PR-68 | PR-69 |
1958-P Proof Nickel | $24.3 | $43.2 | $101 |
1958-P Proof Nickel CAM | $68 | $182 | $325 |
1958-P Proof Nickel DCAM | $1,620 | $3,000 | $8,500 |
Value of 1958 Jefferson Nickel with Errors
A 1958 Jefferson Nickel with errors or irregularities can significantly increase its worth beyond its standard value. Some specific errors associated with this coin are:
1. 1958 Doubled Die Nickels
A “doubled die” error occurs when the die imparting the design onto a coin is slightly misaligned during the minting process, causing the appearance of a doubled image. The rarity of such errors often increases the value of the affected coin. For 1958 Jefferson Nickels, the actual value of a doubled die error coin would depend on the prominence of the doubling, the coin’s grade, and the demand among collectors.
2. Off-Center 1958 Nickels
An off-center error occurs when the blank metal piece, known as a planchet, is not appropriately centered over the dies during the minting process. This results in the coin’s design being un-centered or partially missing, with one side showing a larger space or a more prominent edge. Off-center 1958 Jefferson Nickels can fetch higher prices depending on the degree of off-centering and the coin’s overall condition. The greater the off-center error, the more valuable the coin may be.
3. 1958 Nickels With Die Breaks or Die Cuds
Die breaks or die cuds are errors caused by a die crack or a portion of the working die breaking off. This can lead to raised lines or blobs on the surface of the coin, corresponding to the broken die. Coins with die break or die cud errors are sought after by collectors, and the value of a 1958 nickel with these errors will depend on the size and position of the error on the coin.
Average Circulated Condition Examples
Here are features that would be noticeable in it:
- Obverse (Front) Side: The portrait of Thomas Jefferson would show noticeable wear. His hair and the facial details will be worn and partially smooth.
- Features:
- The word “IN GOD WE TRUST” on the right side will still be identifiable but will have lost some sharpness.
- The year “1958” might display some wearing off but still would be quite recognizable.
- Reverse (Back) Side: The image of Jefferson’s house, Monticello, which is on the back of the coin will show signs of wear.
- Most of the details of the building will be worn out or smoothed.
- The motto “E PLURIBUS UNUM” appearing above Monticello and “FIVE CENTS” underneath will show wear, but the words should still be readable.
The coin’s edges will be noticeably worn due to extensive usage. Despite these signs of wear, the date and mint mark (if there is one) should still be discernible on an average circulated 1958 Jefferson Nickel.
Frequently Asked Question
Is a 1958 Nickel Made of Silver?
No, a 1958 nickel is not made of silver. It is made of 75% copper and 25% nickel.
What is Special About a 1958 Nickel?
The 1958 nickel is part of the Jefferson nickel series. It may not be particularly special in terms of design or metal composition, but certain mintages and conditions can make them more valuable to collectors.
How Many 1958 Nickels were Made?
In total, there were 17,088,000 nickels minted in 1958 from the Philadelphia Mint and 168,249,120 minted from the Denver Mint.
Are There any Rare 1958 Nickels?
A 1958 nickel itself is not considered rare, but finding one in uncirculated condition increases its value to collectors.
What is the Rarest Nickel?
The 1913 Liberty Head nickel is considered the rarest nickel with only five known examples.
What Makes a Nickel Rare?
A nickel’s rarity is determined by several factors, such as the mintage, age, unusual errors or varieties, and the coin’s condition.
Which Nickels are Silver?
The silver “War Nickels” minted from 1942 to 1945 contain 35% silver, 56% copper, and 9% manganese.
Where is the Mint Mark on a 1958 Nickel?
The mint mark on a 1958 nickel can be found to the right of Monticello on the reverse side of the coin.
Are There any Rare 1958 Nickels?
As mentioned earlier, a 1958 nickel is not considered rare, but finding one in uncirculated condition increases its value to collectors.
Is a 1958 Nickel all Silver?
No, a 1958 nickel is not made of silver. It is made of a copper-nickel alloy containing 75% copper and 25% nickel.
What is a 1958 Nickel?
A 1958 nickel is a 5-cent coin featuring President Thomas Jefferson on the obverse and the Monticello building on the reverse side. It is part of the Jefferson nickel series minted by the US Mint since 1938.
Are Nickels 100% Silver
No, nickels are not 100% silver. Regular nickels are made of 75% copper and 25% nickel, while “War Nickels” minted from 1942 to 1945 contain 35% silver, 56% copper, and 9% manganese.
Is Nickel Silver Real or Fake?
Nickel silver is a real metal alloy, but it does not contain any silver. It is made primarily of copper, nickel, and zinc, and can sometimes be called “German silver” or “nickel brass”.
What Nickel is 90% Silver?
There are no US nickels with 90% silver content. The closest is the “War Nickel” minted from 1942 to 1945, which has 35% silver content.