What is the value of a 1948 Jefferson nickel with no D or S mint mark?

Answer

Althought this nickel is quite old, it is not so valuable. In fact it is worth only five cents. In 2006, the value listed for a 1948 Jefferson nickel MS-60 in pretty good condition was one dollar.

With any coin, you need to look at a variety of figures before attempting to estimate the value. The first thing you should look at on your 1948 Jef. nickel, is that it has no D or S mintmark, meaning that it is a Philadelphia mint coin. In 1948, the Philly mint produced almost 90 million Jefferson nickels. The other thing you should look at, is the condition that the coin is in. A 1948 Jefferson nickel PCGS MS-60 (Uncirculated) is worth only one dollar and a MS-65 (Choice Uncirculated) is worth approximately $3.50. So unless your coin was purchased or traded from a collector or somebody else with the means of keeping a 60 year old coin in Uncirculated condition, it isn't worth much more than 0.005 cents over face falue.

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