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1948

Nickels · Jefferson Nickels · 1938–Present
Regular
Weight5 g
Diameter21.21 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 89,348,000
EdgePlain
Alignment↑↓ Coin
Composition75% Copper, 25% Nickel
DesignerFelix Schlag
Collector's Key IDCK-1384

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About this coinHistory

Philadelphia's 1948 Jefferson nickel mintage was 89,348,000 coins, continuing the substantial post-war production patterns. The coin is common in all grades and readily available in Mint State. Strike characteristics are generally strong, and Gem-quality examples with Full Steps exist in adequate numbers for specialist demand at modest premiums.

The 1948 Philadelphia is typical of late-1940s Jefferson production and is a straightforward acquisition for collectors. The year was notable for the Berlin Airlift, which began in June as the Soviets blockaded West Berlin and the Allies responded with a massive air supply operation that lasted nearly a year. Harry Truman also won his famous upset election victory over Thomas Dewey that November.

Collectors building complete Jefferson nickel sets acquire the 1948 without extraordinary effort. The coin fills its slot in the date-and-mint sequence as a typical late-1940s common-date issue. For high-grade specialists, Full Steps examples are readily available through specialist channels at modest premiums over common-date baselines.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G)
VG-8 Very Good (VG)
F-12 Fine (F)
VF-20 Very Fine (VF)
EF-40 Extremely Fine (EF)
AU-50 About Uncirculated (AU)
MS-60 Uncirculated (MS) $0.80 $0.95
MS-63 Choice Uncirculated (MS)
Frequently Asked QuestionsFAQ
How much is a 1948 Jefferson Nickel worth?
In Uncirculated condition it runs about $0.80–$0.95. These are reference values, not an appraisal.
How many 1948 Jefferson Nickels were minted?
89,348,000 were struck.
What is a 1948 Jefferson Nickel made of?
75% Copper, 25% Nickel, weighing 5 g.
What is the melt value of a 1948 Jefferson Nickel?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1948 Jefferson Nickel a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.