How Much Is 4 Nickels – If you’ve ever seen a nickel from 1947, you may wonder what its value is. This five-cent piece was minted in the United States in 1947 and has since become a rare and valuable coin several times. In this blog post, we will discuss the value of the 1947 nickel and some of its features, its history, and more.
So if you have one of these nickels lying around, it’s worth checking. Keep reading to find out more!
How Much Is 4 Nickels
The 1947 nickel is a common and recognizable coin. It was minted in the United States as five cents, which is half the value of a dime. An obverse (front page) shows Thomas Jefferson, the 3rd president of the United States, and a reverse (back page) shows Monticello, his beautiful estate in Charlottesville, Virginia.
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This coin was introduced in 1938, nine years earlier, replacing the buffalo nickel (also known as the Indian hollow nickel). Coming in the coat of arms of the newly designed Washington quarter, this nickel is designed with a president also to commemorate Jefferson’s upcoming 200th birthday. It was invented from nickel alloy in 1947, just a few years after the Second World War (when silver was made from other metals to save nickel for reinforcement battle).
It was designed by a man named Felix Schlag, who was born in Germany but immigrated to the United States a decade or so before designing the Jefferson nickel. He entered the competition (against 390 other artists) and won the right to display his portraits of Thomas Jefferson and Monticello on silver. The US Mint did not like its original Monticello coin, but after it was changed, it was on the reverse of the nickel for almost 70 years!
Unfortunately, Felix Schlag had no credit information on the money himself until long after his success – until the 1960s, when they added “US” to the bottom of the nickel’s obverse. He earned $1,000 when his plan was approved, and as such the Jefferson nickel became a staple of American history. The 1947 nickel is no different.
Now that we’ve looked at the reverse of the 1947 nickel, let’s discuss the features. This includes the design on the front and back, as well as its metal texture, its mint, and its size and weight.
Nickel Value: Are
The obverse (front) of the Jefferson Nickel features a bust-style portrait of Thomas Jefferson, facing left. As mentioned before, the design was created by Felix Schlag, a German foreigner who won a design competition for his work. The photo shows Jefferson’s prominent cheekbones and nose. His eyes are calm, and the image seems to show how Jefferson was a wise statesman who was open to new ideas and ready to listen, but also brave and ready to put his life on the line for his new land
The inscription around the coin reads “IN GOD WE TRUST” on the left, on the right is the word, “LIBERTY,” followed by a small star (not a bullet, as in your opinion). which contributes to the fund’s philanthropic design. Finally, there is the date, “1947,” listed above the small star.
The latter is about Monticello, Jefferson’s estate. The image shows Monticello as majestic and traditional with two pillars flanking the entrance and a dome in the center. Above is the phrase “E PLURIBUS UNUM” (Latin for “Out of many, one”)
There are three inscriptions under the roof. In descending order, they have “MONTICELLO,” “FIVE CENTS,” and “UNITED STATES OF AMERICA.” If there is a coin mark, you will find it to the right at the three o’clock position, next to Monticello.
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There are several important characteristics to note when looking at a 1947 nickel. These include its composition, mint marks, and size and weight.
The 1947 nickel was produced using an alloy with 75% copper and 25% nickel. This is the same alloy used in modern Jefferson nickels.
The 1947 nickel was struck at three US mints: Philadelphia, Denver and San Francisco. Each of these coins has a unique mintmark (D, S, or “no mintmark” for Philadelphia) located on the reverse next to Monticello. These mint marks indicate where in the US the coin was struck.
The 1947 nickel was 21.2 millimeters in diameter and weighed about 5 grams, making it easy to carry in bags and purses. The edge is smooth (in contrast to the textured edge of the quarter), and its thickness is 1.95 millimeters.
Most Valuable Nickels Worth Up To $4.5million Or $130,000
Now that we have discussed the features of the 1947 nickel, let’s look at its value. As a vintage piece, a 1947 nickel can be very valuable depending on its condition, mintmark and flaws (which we will discuss later in this article).
If you are new to fundraising, you may be wondering what “condition” means. A term used to describe the management of a fund. The higher the (considered) valuation of a coin, the more valuable it is.
The 1947 nickel with mint mark is the largest of the variety, at 95,000,000. In good and beautiful condition, 1947 “no mint mark” nickels are the raw value. In very good condition, the price is $0.33, and in Uncirculated condition, it is $0.85 to $13.
The 1947 “D” nickel was more valuable than the Philadelphia nickel because there were only 37,822,000 silver pieces. In good and good condition, the face is worth more. In excellent condition, it can fetch $0.39, while an uncirculated copy can be worth between $1.02 and $13.
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The 1947 “S” nickel was the top earner, at 24,720,000 dollars. So its value is higher than others. It’s always worth it in fair to good condition, then it jumps to $0.50 in worst condition. Non-cash shares are priced between $1.13 and $13.
You may wonder if there was no Proof nickel in 1947. Unfortunately, there were not. The US Mint did not begin minting Proof coins until 1947.
Finally, another factor to consider when evaluating the value of your 1947 nickel is errors or variations. Errors are mistakes made during the process that can result in incorrect billing, double printing, or other errors. These mistakes can sometimes add a lot of value to your money, and therefore should be considered when buying.
In 1947, the US Mint did not issue a proof, as we mentioned earlier. However, they have made a special set of coins in Uncirculated condition. This set (of only 500 made) includes 1947 Nickels from three mint locations, and although they were priced at $4.87 in 1947, they are now priced at around $1,500 – a valuable commodity in today’s coin collections.
Liberty V Nickels In Good Condition
Again, this is not a mistake as it is a very good (rare) coin. Most 1947 nickels (and many nickels from other mint years) would have the five full steps at the base of Monticello on the side, but they are missing.
A 1947 nickel with full feet is extremely rare these days. One Philadelphia nickel sold at auction for an incredible $4,112.50! Another nickel, this time from the Denver Mint, also had full bases and sold for $4,700 at auction.
Finally, there is a 1947 San Francisco nickel complete with steps. A few years ago it sold at auction for $14,950! Not bad for a five cent piece.
This error occurs when the die is printed on two coins, resulting in a letter or designs on one side of the coin (or sometimes both sides). This estimate can add value to your funds if the error is large. However, there are no large double star errors on the 1947 nickel that we know of – these pieces range from $25 to $50.
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This is another minting error, but it is more subtle than the double die error. This happens when the punch used to set the coin’s mint mark hits the die twice, creating a blurred, double mint mark. 1947 nickels with this flaw cost between $3 and $10.
A common flaw for the 1947 nickel is the external flaw. This happens when the planchet (which is an empty metal disc) is not properly formed in the die, and as a result one or both sides of the coin loses part of its design. . The more off-center the plan, the better the money.
You can find 1947 nickels
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