The value of a 1959 Jefferson nickel depends primarily on its condition and mint mark. While most circulated examples are worth slightly above face value (perhaps 6-10 cents), uncirculated specimens, especially those with a “D” mint mark (Denver), can command significantly higher prices, potentially reaching several dollars or more for examples graded in mint state by a professional numismatic service. The 1959 nickel itself is part of a long-running series featuring Thomas Jefferson on the obverse and Monticello on the reverse.
Understanding the factors that influence the value of these coins, such as condition, mint mark, and market demand, is crucial for collectors. Numismatics, the study of currency, offers valuable insights into historical trends, manufacturing processes, and the economic climate of specific eras. For example, the relative scarcity of high-grade 1959-D nickels contributes to their higher value compared to more common Philadelphia mint specimens. This knowledge empowers collectors to make informed decisions and appreciate the historical significance embedded within these seemingly ordinary coins.