1939 NICKEL (REVERSE 1940) ALSO DD

I was going through my coin books and found this 1939 (reverse 1940) nickel. On the reverse I see that "Monticello" and "Five cents" are DD. What do you guys think about this coin?

 

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Nice coin. Here is an old thread about them.

https://www.cointalk.com/threads/19...be complete without the addition of this coin.

 

Valuing the 1939 Jefferson Nickel
Since only a little over 100 million 1939 Jefferson Nickels were minted, even prices in lower grades tend to be higher than other years.

Examples in Very Fine 20 condition have a value of $0.25, while Extremely Fine 40 examples see a price rise to $0.50. MS-60 condition coins retail for 2.00 while MS-65 examples see a huge price increase to $12.

1939 Doubled Die Reverse Jefferson Nickels see much higher values than non-doubled examples. In MS-60 condition, the average price is an astonishing $400! Values only continue to increase with MS-63 condition being worth $750 and MS-65 examples at $1,550. Lower grade examples see a higher price drop off.

As fewer Doubled Die Reverse examples are found, the prices will continue to rise. Even designations like Full Steps increase the price further. Look for the price of the 1939 Doubled Die Reverse Jefferson Nickel to continue to rise in the coming years.

 

https://www.usacoinbook.com/coins/982/nickels/jefferson/1939-P/double-monticello/

 

Spot on the variety..... but these like other Jefferson varieties have lost value in the market.

 

120 million 1939 Philly nickels was a very high mintage at that time which is why they are still commonly found in circulation today. It was the largest mintage of nickels ever up till that date.
The DD looks good.
Is the regular 1939 DDR, always a reverse of 1940?

 

You mentioned this in a thread yesterday, but I purchased my 1939 Jefferson Nickel DDR “Doubled Monticello” NGC MS65 in 2009 for $700. The current greysheet is $1200 and auction results from the last year are all over $1K with most selling for $1200-$1400.

When you say the Jefferson varieties have lost value in the market, are you referring to the circulated grades?

 

That's a nice DDR of the '39. I have one with a lot of wear and it still shows as clear as yours. MONTICELLO and FIVE CENTS is where the doubling occurred.

 

No uncirculated/Au. Coins....in fact a member here who also is a dealer had offered me one in either Au or MS. A 1939 double Monticello as he had several sell and for a fact he didnt see that kind of money...i purchased an Au under a $100 and could of scored an MS specimen for not alot more.


@stldanceartist is the member I was refering to.

 

I’m sorry but auction prices realized are not telling the same story.

https://www.pcgs.com/auctionprices/details/1939-doubled-monticello-ms/84004

 

That is so cool looking.

 

Thank you so much Beardigger, I certainly appreciate the information you gave me!

 

Thanks spirityoda! I wish I looked as nice as this coin...

 

That I'm not certain of...

 

Can anyone give that coin a grading? Even just a rough one?

 

XF, maybe low AU

 

I just did a search on Ebay for your coin. In higher grades that coin get huge money. Go check it out.

 

Thanks so Much Lehigh96!! I certainly appreciate that!

 

Thanks spirityoda, I will, right now..

 

nice way to cherrypick yourself.

I have cherried 5 of them. One F and 4 VG's