The 1971-S Jefferson Nickel might look like a regular nickel at first glance, but it’s a standout in the world of coin collecting. Struck only in proof finish at the San Francisco Mint, this coin has an interesting history and several unique variations that make it a valuable piece for collectors. This guide will explore what makes the 1971-S Jefferson Nickel special, including its design, variations, and how it is valued today.
A Brief History of the 1971-S Jefferson Nickel
In late 1970, the U.S. Mint discovered that the dies used for the Jefferson Nickel had become worn and needed replacing. To restore the design’s sharp details, new dies were created. This redesign brought a fresh look to the nickel, including a slight widening of the rim for better durability. The new design led to several variations of the 1971-S nickel, making it an interesting coin for collectors. For example, the obverse (front) of the coin shows variations in the thickness of the letters in “TRUST,” and the reverse (back) has differences in Monticello’s rooftop railings.
The “No S” Error and Its Significance
One of the most notable features of the 1971-S Jefferson Nickel is the rare “No S” error. Normally, coins struck at the San Francisco Mint are marked with an “S,” but some 1971-S nickels were mistakenly released without this mintmark. This happened because a die missing the “S” was sent from the Philadelphia Mint to San Francisco by mistake. The result was a few “No S” nickels that are now highly sought after by collectors. Even low-grade examples of the “No S” error can sell for hundreds of dollars, with high-grade examples reaching up to $1,500.
What Is the 1971-S Jefferson Nickel Worth?
Most 1971-S nickels are only worth a bit more than their face value. In proof condition, typically graded PR65 to PR67, they usually sell for 50 cents to a dollar. Higher-grade proofs, such as PR69, can fetch around $5. The “No S” variety, however, is much more valuable. Low-grade “No S” nickels are worth between $700 and $800, while high-grade examples can sell for as much as $2,070 in auctions.
Design Details of the 1971-S Jefferson Nickel
- Obverse: The front of the 1971-S Jefferson Nickel shows Thomas Jefferson facing left. The design is based on a bust by Jean-Antoine Houdon from 1789. The words “IN GOD WE TRUST” and “LIBERTY 1971” are around the edges, and a small “S” mintmark is at the lower right.
- Reverse: The back of the coin features Monticello, Jefferson’s historic mansion. The design is in a neoclassical style, with “E PLURIBUS UNUM” above, and “FIVE CENTS” and “UNITED STATES OF AMERICA” below.
- Edge: The edge of the coin is plain and smooth.
The 1971-S Jefferson Nickel might seem like a standard coin, but its rich history, design changes, and rare errors make it a fascinating piece for collectors. From the common proof strikes to the rare “No S” error, this nickel has a lot to offer. Its unique story and variations continue to attract coin enthusiasts, making it a valuable addition to any collection.
1. What is the “No S” error on the 1971-S Jefferson Nickel?
The “No S” error refers to nickels struck at the San Francisco Mint without the usual “S” mintmark. This happened due to a mix-up with the dies and is highly collectible.
2. How much is a standard 1971-S Jefferson Nickel worth?
Most standard 1971-S Jefferson Nickels in proof condition are worth between 50 cents and a dollar, depending on their grade.
3. Why is the 1971-S Jefferson Nickel significant for collectors?
It is significant due to its design changes, various minting errors, and the rare “No S” error, which make it an interesting and valuable coin.
4. Where can I buy a 1971-S Jefferson Nickel?
You can find these coins through numismatic dealers, auction houses, or online coin marketplaces.
5. What makes the 1971-S Jefferson Nickel different from other Jefferson Nickels?
The 1971-S Jefferson Nickel features design changes and has unique variations, including the rare “No S” error, setting it apart from other years.