The 1938 Jefferson Nickel is the first of its series, replacing the Buffalo Nickel.
Designed by sculptor Felix Schlag, it features Thomas Jefferson's profile on the obverse.
Monticello, Jefferson's estate, is depicted on the reverse side of the coin.
Key factors: mint mark location, mintage numbers, and condition affect its value.
1938 nickels were minted in Philadelphia, Denver, and San Francisco.
No mint mark indicates Philadelphia, 'D' for Denver, and 'S' for San Francisco.
Uncirculated coins or those with Full Steps details command higher prices.
Special collectors' editions like proof coins can be particularly valuable.
Check for rare errors, such as double die or overdate, which increase value.
Always consult a professional coin grading service for an accurate valuation.