Have a photo? Submit it and we'll credit you.

As an eBay Affiliate, Collector's Key may be compensated if you make a purchase through the link(s) above.

2020-P

Nickels · Jefferson Nickels · 1938–Present
Regular
Weight5 g
Diameter21.21 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 504,480,000
EdgePlain
Alignment↑↓ Coin
Composition75% Copper, 25% Nickel
DesignerJamie Franki / Felix Schlag
Collector's Key IDCK-1632

Collection

collectors own this
on want lists

Your collection

Sign in to track this coin.

About this coinHistory

Philadelphia struck 1,361,040,000 Jefferson nickels in 2020, the highest annual Jefferson nickel mintage in many years and a striking contrast to other Mint operations affected by the COVID-19 pandemic. While the pandemic temporarily suspended some Mint activities and disrupted coin distribution to banks and retailers (creating the well-publicized "coin shortage" of 2020), nickel production itself continued at near-record levels because the Mint was actively trying to keep coinage in commerce.

The 2020 coin shortage was an interesting moment in modern numismatic history. Banks reported difficulty obtaining coin rolls for their customers, retailers asked for exact change, and the Mint publicly encouraged Americans to spend their hoarded change. The 2020-P production figures reflect the Mint's response: produce more nickels to address the shortage. The coin is abundant in all grades and readily available in Mint State at minimal premiums.

For collectors building complete Jefferson nickel sets, the 2020-P is a routine modern acquisition with the additional historical context of the pandemic-era production response. Full Steps examples are achievable through specialist channels, and the date will be remembered as the year of the COVID coin shortage.

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 2020-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 2020-P Jefferson Nickels were minted?
504,480,000 were struck.
What is a 2020-P Jefferson Nickel made of?
75% Copper, 25% Nickel, weighing 5 g.
What is the melt value of a 2020-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 2020-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.