1938-S Nickel MS FS Values

Greysheet & Red Book® Price Guide

Sponsor

shop eBay

Sponsor

shop Whitman

Sponsor

shop US Coins and Jewelry

Sponsor

shop CAC

Sponsor

shop Great Collections

1938-S Nickel MS FS Values

Details

Mint State coins are easy to find, despite the status of 1938-S having the lowest production of the three mints. Many are struck from tired or overused dies. Weakness is the rule. Some have very lustrous surfaces with an attractive “greasy” luster—as often seen on coins struck from worn dies in other series (e.g., Buffalo nickels and Peace silver dollars). The FS denotes that the striking detail on the steps of the Jefferson memorial building are clearly defined.

Obverse: Felix Schlag's portrait of Jefferson, facing left, with the motto IN GOD WE TRUST on the left periphery, and LIBERTY * [year] on the right side.

Reverse: The Jefferson home is prominently centered with the name MONTICELLO captioned below. The denomination FIVE CENTS is spelled out in half circle underneath and the words E PLURIBUS UNUM and UNITED STATES OF AMERICA appear at the top and bottom periphery.

Source: Q.David Bowers

Basic Information

GSID:

3217

Coin Date:

1938-S

Denomination:

5c / 5 Cents

Designation:

MS

Mint & Coinage Details

Mint Location:

San Francisco

Mintage:

4,105,000

Coinage Type:

Jefferson nickel

Coinage Years:

1938-

Composition:

75% copper; 25% nickel

Mint Mark:

S

Physical Characteristics

Weight:

5 gr

Weight:

0.1608 oz

Strike Type:

Business

Diameter:

21.2 mm

Coin Shape:

Round

Design Details

Designer:

Felix Schlag

Obverse Lettering:

LIBERTY, IN GOD WE TRUST, 1938

Obverse Designer:

Felix Schlag

Reverse Lettering:

MONTICELLO, FIVE CENTS, E PLURIBUS UNUM, UNITED STATES OF AMERICA

Reverse Designer:

Felix Schlag

Feedback:

Available on Greysheet Marketplace

View All

Dealer Directory

View All Dealers

Greysheet News

View All News
From Stellas to Standouts: Heritage's Star-Studded CSNS U.S. Coins Auction Features Elite Rarities
From Stellas to Standouts: Heritage's Star-Studded CSNS U.S. Coins Auction Features Elite Rarities
4/18/2026

All four gold stellas, 1933 Indian eagle and featured collections among highlights at April 29-May 2 event.

Red Book Podcast with John Feigenbaum and Jeff Garrett [Video]
Red Book Podcast with John Feigenbaum and Jeff Garrett [Video]
4/17/2026

You don't want to miss this conversation about Mega Red X & the 2027 Red Book

Stack's Bowers Galleries Shatters Records in Spring 2026 Showcase Auction
Stack's Bowers Galleries Shatters Records in Spring 2026 Showcase Auction
4/16/2026

Auction records were smashed during an incredible week of auctions hosted March 9-17, 2026 by preeminent rare coin auction firm, Stack's Bowers Galleries.

Map icon

DAVID LAWRENCE RARE COINS