Whitman Expo
His free weekly newsletter offers insights on the coin and metals markets, and consumer education.
Thank you to our sponsors!
Go check them out!
The 1939-D is the key issue in the Jefferson nickel series, regarding basic availability in Mint State (not considering numerical gradations of Mint State and not considering the step count). It has been a favorite for a long time. Likely, about 25% of the mintage is from the Reverse of 1938, and the remainder or larger portion is from the Reverse of 1940. Few numismatists have sought one of each, so there is no market differential, except for sharp steps. Mint luster and eye appeal are usually very good. The FS denotes that the striking detail on the steps of the Jefferson memorial building are clearly defined.
Obverse Description
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 Description
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. The mintmark is positioned on the right side of Monticello.
Source: Q.David Bowers
Catalog Information
GSID:
3220
Designer:
Felix Schlag
Obverse Designer:
Felix Schlag
Obverse Lettering:
LIBERTY, IN GOD WE TRUST, 1939
Reverse Designer:
Felix Schlag
Reverse Lettering:
MONTICELLO, FIVE CENTS, E PLURIBUS UNUM, UNITED STATES OF AMERICA
Weight (gr):
5 gr
Weight (oz):
0.1608 oz
Strike Type:
Business
Diameter:
21.2
Coin Shape:
Round
Edge:
Plain
Variety:
Reverse of 1940
Coin Date:
1939-D
Denomination:
5c
Designation:
MS
Mint Location:
Denver
Mint Mark:
D
Mintage:
3,514,000
Coinage Type:
Jefferson nickel
Coinage Years:
1938-
Composition:
75% copper; 25% nickel
PCGS #:
894005
Send Catalog Feedback
To: editor@greysheet.com
Subject: I would like to contribute catalog info to CDN for 1939-D 5c Reverse of 1940 MS FS
Body: Referring page: http://livetest.greysheet.com/prices/item/1939-d-five-cents-fs-full-steps-reverse-1940-jefferson-nickel/gsid/3220 GSID: 3220 Title: 1939-D 5c Reverse of 1940 MS FS
Subscribe to View
Log In
View more data, info, and visualizations. Get access to retail and wholesale pricing as well as auction data.
Coin Value History
1939-D 5c Reverse of 1940 MS FS
Value By Grade
1939-D 5c Reverse of 1940 MS FS
CPG (retail) values
Currency
Grade Range
Sort by
Pricing
Jefferson Nickel 5c Memorial Reverse, 1938-2003 MS [Type]
![Jefferson Nickel 5c Memorial Reverse, 1938-2003 MS [Type]](https://images.greysheet.com/ctc/catalog/20260623/cac_107669298_107669298-3.webp?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $0 – $6
Jefferson Nickel 5c Silver War Issues, 1942-1945 MS [Type]
![Jefferson Nickel 5c Silver War Issues, 1942-1945 MS [Type]](https://images.greysheet.com/ctc/catalog/20260822/cac_50319760_50319760-3.webp?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $4 – $1,200
Jefferson Nickel 5c Westward Journey, 2004-2005 MS [Type]
Worth: $0 – $12
Jefferson Nickel 5c Westward Journey, Satin Finish, 2005 MS [Type]
Worth: $0 – $75
Jefferson Nickel 5c Modified Portrait, 2006- MS [Type]
![Jefferson Nickel 5c Modified Portrait, 2006- MS [Type]](https://images.greysheet.com/CtcDev/Catalog/20250522/df0311f8-ec9e-4ef4-af5f-c292ac750ff0.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $0 – $275
Jefferson Nickel 5c Modified Portrait, Satin Finish, 2006- MS [Type]
Worth: $2 – $150
1938 5c MS
Worth: $0 – $150
1938 5c MS FS
Worth: $40 – $2,500
1938-D 5c Jefferson MS
Worth: $1 – $1,400
1938-D 5c Jefferson MS FS
Worth: $15 – $2,600
1938-S 5c MS
Worth: $2 – $2,000
1938-S 5c MS FS
Worth: $80 – $800
1939 5c Reverse of 1938 MS
Worth: $1 – $1,500
1939 5c Reverse of 1938 MS FS
Worth: $85 – $1,200
1939 5c Reverse of 1940 MS
Worth: $1 – $800
1939-D 5C Reverse of 1940 MS65 Full Steps PCGS. CDN: $200 Whsle. Bid for NGC/PCGS MS65. ...
$366
1939-D Jefferson Nickel. Reverse of 1940. MS-66 5FS (NGC).
$480
1939-D 5C Reverse of 1940 MS67 Full Steps PCGS. PCGS Population: (11/1). ...
$1,440
1939-D 5C Reverse of 1940 MS68 Five Full Steps NGC....
$3,120
1939-D 5C Reverse of 1940 MS64 Full Steps PCGS. PCGS Population: (9/74). NGC Census: (2/10). ...
$129
1939-D 5C Reverse of 1940 MS65 Full Steps NGC. NGC Census: (4/8). PCGS Population: (23/53). ...
$186
1939-D 5C Reverse of 1940, MS66 Full Steps PCGS. Ex: Omaha Bank Hoard. PCGS Population: 63 in 66 (6 in 66+), 17 finer (1/26...
$658
1939-D Jefferson Nickel. Reverse of 1940. MS-67 FS (PCGS). QA.
$1,440
1939-D 5C Reverse of 1940 MS64 Full Steps PCGS. PCGS Population (8/66). NGC Census: (2/7). ...
$223
1939-D 5C Reverse of 1940 MS65 Full Steps NGC. NGC Census: (4/7). PCGS Population: (23/52). ...
$192
1939-D 5C Reverse of 1940 MS66 Full Steps PCGS. PCGS Population: (56/11 and 5/4+). ...
$360
1939-D 5C Reverse of 1940 MS67+ Full Steps PCGS. ...
$3,600
1939-D 5C Reverse of 1940 MS64 Five Full Steps NGC. NGC Census: (2/7). PCGS Population (8/66)....
$106
1939-D 5C Reverse of 1940 MS65 Full Steps PCGS. PCGS Population: (23/51). NGC Census: (4/7). ...
$211
1939-D 5C Reverse of 1940 MS66 Full Steps PCGS. PCGS Population: (54/10). NGC Census: (12/4). CDN: $475 Whsle. Bid for NGC/...
$408
1939-D 5c PCGS MS67 FS (Reverse of 1940)
$1,600
1939-D 5C Reverse of 1940 MS65 Full Steps NGC. NGC Census: (4/8). PCGS Population: (22/54). ...
$212
1939-D 5C Reverse of 1940 MS66 Full Steps NGC. NGC Census: (12/5). PCGS Population: (52/10). CDN: $475 Whsle. Bid for NGC/P...
$432
1939-D 5C Reverse of 1940 MS67 Full Steps PCGS. PCGS Population: (8/1). NGC Census: (2/0). CDN: $2,500 Whsle. Bid for NGC/P...
$3,120
1939-D 5C Reverse of 1940 MS65+ Full Steps PCGS. PCGS Population (22/47). NGC Census: (3/5)....
$564
Greysheet News
Consumer Advocate Mike Fuljenz Wins NLG's Newsletter Award
9/15/2026
Incredible Rarities Shatter Records Amid Furious Bidding at Stack's Bowers Galleries' Summer 2026 Global Showcase Rarities Night Session
Stack's Bowers Galleries, one of the world's largest and most prestigious rare coin auction houses, is proud to announce record breaking results from the Rarities Night session of its annual Summer Global Showcase Auction.
9/15/2026
Five U.S. Coins Bring 7 Figures in $67 Million+ Heritage ANA Auctions
Scandinavian gold rarities also command exceptional results.
9/11/2026
Events
Heritage Auctions: US Coins Tuesday & Wednesday Select Auction
Location: Heritage Auctions
Wednesday, July 1, 2026
Heritage Auctions: World & Ancient Coins Wednesday & Thursday Select Auction
Location: Heritage Auctions
Thursday, July 2, 2026
