Collecting coins can be an exciting hobby, especially when it comes to rare and valuable coins. One such coin is the 1982-D Jefferson Nickel. This guide will help you understand why this nickel is special, its worth, and how to identify high-quality examples.
Why Are Mint State 1982-D Jefferson Nickels Scarce?
The United States Mint stopped making Uncirculated Coin Sets for two years starting in 1982. As a result, many of the 1982 and 1983 coins that went into circulation were saved by collectors. This means there are fewer available in top condition today.
In 1982, the Denver Mint produced around 373 million Jefferson Nickels. Estimates suggest that about 112 million of these coins are still in Mint State, which refers to coins that have not been circulated and are in excellent condition. However, a more realistic estimate might place the number of these coins in the hundreds of thousands, with only about 20,000 to 30,000 in the best quality grades.
What Is the 1982-D Jefferson Nickel Worth?
Most 1982-D Jefferson Nickels are worth just five cents if they are circulated and can be found in everyday transactions. However, collectors are willing to pay more for coins in better condition. For example, lightly circulated examples can sell for about $1.00 to $1.50 each.
Coins that are graded and certified by professional services like PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation) can sell for much higher prices. The best-certified examples can reach prices over $1,000! For example, a nickel graded MS-67 (the highest quality) with the “Full Steps” designation sold for $1,440 in 2019.
Estimated Prices for 1982-D Jefferson Nickels
| Condition | Estimated Price |
|---|---|
| Circulated | $0.05 |
| Lightly Circulated | $1.00 – $1.50 |
| Uncirculated | $1.00 – $5.00 |
| MS-64 to MS-66 | $50 – $250 |
| MS-67 5FS | $1,440 (record sale) |
Which 1982-D Jefferson Nickel Is Right for Me?
If you want to build a nice collection of Jefferson Nickels, consider whether you want Full Steps (FS) coins. Full Steps coins are highly sought after by serious collectors, making them more valuable. Collecting these can be challenging, but they are worth it if you’re aiming for a comprehensive set.
If you are just starting or prefer an easier collection, you can focus on getting a nice certified MS-65 or MS-66 nickel. These will be easier to find and can still be just as enjoyable to collect.
How Do Nickels Earn the Full Steps Designation?
To earn the Full Steps designation, a 1982-D Jefferson Nickel must have clear details of the steps on the design. The steps are located between the stylobate (a flat surface under the columns) and the foundation block. Factors that affect this include the coin’s striking pressure and how well the design was made.
Design Details
Obverse (Front):
- Features a bust of President Thomas Jefferson.
- Inscriptions: “IN GOD WE TRUST,” “LIBERTY,” and the date “1982.”
- Mintmark “D” for Denver is located near Jefferson’s shoulder.
Reverse (Back):
- Displays Monticello, Jefferson’s home.
- Inscriptions: “E PLURIBUS UNUM,” “MONTICELLO,” “FIVE CENTS,” and “UNITED STATES OF AMERICA.”
Edge:
- The edge is smooth, like all nickels in this series.
Designer
Felix Schlag designed the Jefferson Nickel. He was born in Germany in 1891 and moved to the U.S. in 1929. Although he created many designs, the Jefferson Nickel was his only coin design.
Coin Specifications
| Feature | Details |
|---|---|
| Country | United States of America |
| Year of Issue | 1982 |
| Denomination | Five Cents |
| Mint Mark | D (Denver) |
| Mintage | 373,726,544 |
| Alloy | 75% Copper, 25% Nickel |
| Weight | 5.00 g |
| Diameter | 21.21 mm |
| Obverse Designer | Felix Schlag |
| Reverse Designer | Felix Schlag |
| Quality | Uncirculated |
The 1982-D Jefferson Nickel is not just a coin; it’s a piece of history that offers a glimpse into American culture and craftsmanship. Collecting this nickel can be a fun journey as you search for various grades and designs. With a bit of patience and knowledge, you can find valuable coins that may appreciate over time.