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1987-P

Nickels · Jefferson Nickels · 1938–Present
Regular
Weight5 g
Diameter21.21 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 371,772,000
EdgePlain
Alignment↑↓ Coin
Composition75% Copper, 25% Nickel
DesignerFelix Schlag
Collector's Key IDCK-1509

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About this coinHistory

Philadelphia struck 371,499,481 Jefferson nickels in 1987, a moderate production year. The coin is common in all grades and readily available in Mint State. Strike characteristics are generally strong, and Full Steps examples exist in adequate numbers for specialist demand at modest premiums.

1987 was the year of the stock market crash on Black Monday (October 19), the largest single-day percentage decline in the Dow Jones Industrial Average. The Jefferson nickels struck that year circulated through a country that experienced both continued economic expansion and the abrupt reminder that markets could collapse without warning.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G) $0.05 $0.05
VG-8 Very Good (VG) $0.05 $0.05
F-12 Fine (F) $0.05 $0.05
VF-20 Very Fine (VF) $0.05 $0.05
EF-40 Extremely Fine (EF) $0.05 $0.05
AU-50 About Uncirculated (AU) $0.05 $0.05
MS-60 Uncirculated (MS) $0.20 $0.25
MS-63 Choice Uncirculated (MS)
Frequently Asked QuestionsFAQ
How much is a 1987-P Jefferson Nickel worth?
In Good condition it runs about $0.05, rising to roughly $0.20–$0.25 in Uncirculated. These are reference values, not an appraisal.
How many 1987-P Jefferson Nickels were minted?
371,772,000 were struck.
What is a 1987-P Jefferson Nickel made of?
75% Copper, 25% Nickel, weighing 5 g.
What is the melt value of a 1987-P 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 1987-P Jefferson Nickel a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.