Designer Felix Schlag did the bust of Jefferson on the nickel. He won a prize of 1,000 dollars April 24 in a contest for the design. The reverse of the coin was done by Jean-Antoine Houdon. It is the home of Jefferson, Monticello. The 1954 P minted in Philadelphia had 47,684,050 coins struck and released.
The current collector value is one to six dollars depending on condition. The coin is now in my collection, found it 3 weeks ago in my change. I always glance at my change when I shop. Find many a coin that way.
They make the nickel coin out of 75% copper and 25% nickel. During world war two they made nickels out of 56% copper 35% silver 9% manganese. 1942 to 1945. The nickel returned to 75/25 in 1946.
The condition of this coin is very good (vg) to fine (f). The four main columns on the reverse at the center of Monticello are visible top to bottom, worn away, but still visible. The details on Jefferson's bust on the obverse is strong, but also showing wear. The patina on the coin is normal for the years of its existence. Since it cost the collector only five cents to purchase, it is a good investment.
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