Key Date Jefferson Nickels

Collecting a full series of Jefferson nickels is not that difficult or expensive due to the fact that there are only 5 jefferson nickels that are scarce.  These scarce Jefferson nickels are called key date Jefferson nickels.  The key date Jefferson nickels are,

1938-D
1938-S
1939-D
1939-S
1950-D

According to David Bowers in The Official Red Book a Guide Book of Buffalo and Jefferson Nickels: Complete Source for History, Grading, and Values (Official Red Books), a set of these key date Jefferson nickels should only cost about $395 in Mint State 66.  This number will go up dramatically if you want Full Step Jefferson nickels in each of these key dates.

1938-D – MS66 – $40
1938-S – MS66 – $20
1939-D – MS66 – $125
1939-S – MS66 – $150
1950-D – MS66 – $60

While $395 is nothing to sneeze at, it is a lot cheaper than what you will have to spend on other US coins key dates.  As you know, I am planning on building a nickel type set collection.  For my Jefferson nickel representing the design from 1938 – 1965 in regular alloy, without initials, my us coin will be a key date Jefferson nickel.  I want to find a 1938-D 5 full step nickel.

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