The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.
Numismatic Rarity
Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.
Relative Rarity By Type
Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.
Relative Rarity By Series
Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
This is the first year of issue for the Jefferson Nickel series. Felix Schlag was awarded $1,000 for submitting the winning design for the Jefferson Nickel. The Mint struck a reasonable amount of coins this first year to meet the public demand. It struck just over 19 millions coins at the Philadelphia Mint which is considered a large mintage in the series. Compare this mintage to that of the 1938-D where the Mint only struck about 5 million and for the 1938-S it only struck around 4 million coins. This is why today there are still more 1938-P Nickels available than for its D and S mint mark counterparts, even though they were struck the same year.
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