1938 5C (Regular Strike)

Series: Jefferson Five Cents 1938-1964

PCGS MS67+

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PCGS MS67

PCGS #:: 4000

Designer:: Felix Schlag

Edge:: Plain

Diameter:: 21.20 millimeters

Weight:: 5.00 grams

Mintage:: 19,496,000

Mint:: Philadelphia

Metal:: 75% Copper, 25% Nickel

Auction Record:: $1,093 • MS63 • 08-18-2004 • Heritage Auctions

ShowHide Related Coins and Varieties (8)

Major Varieties

1938 5C
1938 5C, FS

Die Varieties

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Rarity and Survival Estimates Learn More

Grades	Survival Estimate 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.
All Grades	8,500,000	R-1.0	9 / 68 TIE	12 / 82 TIE
60 or Better	170,000	R-1.9	13 / 68 TIE	16 / 82 TIE
65 or Better	140,000	R-1.9	31 / 68 TIE	36 / 82 TIE

Survival Estimate
All Grades	8,500,000
60 or Better	170,000
65 or Better	140,000

Numismatic Rarity
All Grades	R-1.0
60 or Better	R-1.9
65 or Better	R-1.9

Relative Rarity By Type All Specs in this Type
All Grades	9 / 68 TIE
60 or Better	13 / 68 TIE
65 or Better	31 / 68 TIE

Relative Rarity By Series All Specs in this Series
All Grades	12 / 82 TIE
60 or Better	16 / 82 TIE
65 or Better	36 / 82 TIE

Condition Census What Is This?

Pos	Grade	Image	Pedigree and History
1	MS67 PCGS grade
1	MS67 PCGS grade
1	MS67 PCGS grade
1	MS67 PCGS grade
1	MS67 PCGS grade
1	MS67 PCGS grade
1	MS67 PCGS grade
1	MS67 PCGS grade
1	MS67 PCGS grade
1	MS67 PCGS grade

#1 MS67 PCGS grade

Jaime Hernandez:

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.