1967 Jefferson Nickel Value

1967 Jefferson Nickel Overview

The value of 1967 nickel depends on several factors, such as mint (Philadelphia, San Francisco, or Denver), composition, weight, and diameter.

Period	Since 1938
Composition	Copper / Nickel
Edge	Plain
Diameter	21.2 mm
Weight	5 g
Designer	Felix Schlag

The United States Mint produced the Circulation Strike category item during a time of rising metal prices and changing minting processes. Data confirms that this item served as a circulating currency. Its primary function was to support daily monetary exchanges throughout the country.

Who Is the Designer?

Within the numismatic community, Felix Schlag holds legendary status due to his creation of a design that has endured for over 85 years.

Although he secured the design commission in 1938, 1967 occupies a distinct position in his legacy. This year represents the second instance when his contribution to the design became directly observable to the unaided eye.

Research confirms that Felix Schlag received no on‑coin attribution for his Jefferson design between 1938 and 1965 – a period approaching 30 years.

In most instances, designers incorporate their initials into the artwork at the start of production. What accounts for the absence of Schlag’s initials?

Evidence points to an oversight or communication error at the Mint. Might this case not serve as a unique example of delayed designer recognition in modern coinage?

1966: After years of lobbying by the numismatic community, the Mint finally added Schlag’s initials, FS, to the obverse.

The next year: This was the second year the FS initials appeared under Jefferson’s shoulder. To a collector, an item is a Type 2 or Initials variety, distinguishing it from the No Initials era of 1938–1965.

Identifying the 1967 Jefferson Nickel

Obverse

The obverse shows patriotic inscriptions, the date, and the Thomas Jefferson portrait with clear details.

Reverse

If you look at the back of the item, you will see a picture of Monticello. This was Thomas Jefferson’s residence in Virginia.

Note: The words Liberty and the slogan In God We Trust have symbolic meaning as in the Roosevelt dime obverse.

Design Features and Metal Composition

Category: Five Cents

Copper: 75 %

Official records show that the outer layer bonds to a pure copper core. The configuration is designated as mix metal clad.

The item possesses the following dimensions: a diameter of 21.21 millimeters, a mass of 5.00 grams, and a plain edge.

This metallic formulation provided sufficient durability for commercial use. The intrinsic metal value remained distinct from the face value.

“...on the open market 1967 Nickels in pristine, uncirculated condition sell for as much as $200.”
– Unnamed opinion piece “Jefferson Five Cents”
NGC

1967 Jefferson Nickel Value by Condition

Over time, collectors have learned that the condition decides how much it is worth. If an item has marks from being used, the details will look worn down and flattened.

But if it has never been used, it will look shiny, and all the details will be sharp. The table below gives an idea of what an item might sell for in different conditions.

60–64+	65	65+	66	66+	67
$1–$12	$18	$28	$60	$350	$3,500

Coins assigned a grade of MS‑66 and above typically command premium prices. For a certified item in gem condition, the market value ranges from $30 to $60.

Is a 1967 nickel worth anything today? Specimens graded MS‑67 or higher – considered superb examples – often achieve prices exceeding $1,000 in auction settings.

Common Errors and Varieties of the 1967 Nickel

Ghost Mint Marks: A notable aspect of the item relates to the 1964 Coinage Act. This legislation eliminated mint marks from U.S. coinage produced from 1965 through 1967. Officials implemented this measure to discourage item collecting at a time when the country faced an item shortage.

Even though there are 1967 nickel no mint marks, records show that all 107 million regular-strike ones that year were actually minted in Denver.

There is a special item with a high-quality Special Mint Set (SMS) finish. These were struck in San Francisco but also bear a 1967 nickel value no mint mark. They are much shinier and more sharply detailed than regular ones.

Factors That Affect the Value of a 1967 Nickel

Some factors affect the market price range:

Errors
Toning
Mint
Certification
Grading
Condition

Full Steps

As a designer, Schlag’s masterpiece was the architectural detail of Monticello. However, the 1967 dies were notoriously mushy and overworked.

The 1967 nickel FS is famous among professionals (PCGS/NGC) because it is almost impossible to find with Full Steps (FS) on the reverse.

Note: Compared to the Flanagan quarter, the 1967 nickel error list contains a Double Die error, too.

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