Price Guide for 1937 Nickel Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceCirculated: $225.00 – $3,348.75Uncirculated: $426.00 – $99,875.00
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eBayCirculated: $2.50 – $2,650.00Uncirculated: $950.00 – $39,000.00
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PCGS Price GuideCirculated: $450.00 – $3,000.00Uncirculated: $3,150.00 – $150,000.00
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3rd Party PriceCirculated: $228.00 – $2,100.00Uncirculated: $1,320.00 – $66,000.00
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eBayCirculated: $375.00 – $1,949.00
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PCGS Price GuideCirculated: $375.00 – $1,650.00Uncirculated: $2,100.00 – $55,000.00
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3rd Party PriceCirculated: $7.00 – $1,035.00Uncirculated: $10.00 – $35,250.00
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eBayCirculated: $1.04 – $999.99Uncirculated: $13.63 – $2,655.00
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PCGS Price GuideCirculated: $2.00 – $28.00Uncirculated: $31.00 – $21,000.00
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3rd Party PriceCirculated: $6.00 – $52.00Uncirculated: $13.00 – $18,212.50
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eBayCirculated: $0.01 – $76.00Uncirculated: $6.00 – $1,550.00
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PCGS Price GuideCirculated: $2.00 – $28.00Uncirculated: $31.00 – $30,000.00
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3rd Party PriceCirculated: $11.00 – $129.00Uncirculated: $13.00 – $29,900.00
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eBayCirculated: $5.80 – $56.01Uncirculated: $10.55 – $2,581.54
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PCGS Price GuideCirculated: $2.00 – $28.00Uncirculated: $31.00 – $20,000.00
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3rd Party PriceCirculated: $546.00 – $932.00Uncirculated: $336.00 – $40,250.00
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eBayCirculated: $2,060.00Uncirculated: $24.51 – $5,750.00
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PCGS Price GuideCirculated: $460.00 – $500.00Uncirculated: $775.00 – $95,000.00
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3rd Party PriceUncirculated: $1,200.00 – $13,200.00
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eBayUncirculated: $1,879.56
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PCGS Price GuideUncirculated: $1,900.00 – $21,500.00
Design and Specifications of the 1937 Nickel
The 1937 Jefferson Nickel was part of the second year of production for this iconic design. It replaced the Buffalo Nickel and marked a significant change in American coinage. The Jefferson Nickel series, which continues to this day, was introduced to honor the third President of the United States, Thomas Jefferson.
This coin represents an important period in American numismatic history, as it was minted during the Great Depression era, just a few years before the United States entered World War II.
| Weight | 5.0 grams |
|---|---|
| Diameter | 21.2 mm |
| Mint Marks | D, S (Denver and San Francisco); No mint mark for Philadelphia |
| Composition | 75% copper, 25% nickel |
| Obverse Design | Portrait of Thomas Jefferson facing left, designed by Felix Schlag |
| Reverse Design | Monticello, Jefferson's home, designed by Felix Schlag |
Rarity Factors and Value Drivers
The condition of a 1937 Jefferson Nickel significantly impacts its value. Uncirculated examples, particularly those grading MS65 and above, command substantial premiums. The San Francisco issue is especially valuable in high grades due to its lower mintage.
Key factors affecting condition include:
1. Luster: Original mint luster is highly prized.
2. Strike quality: Well-struck coins with full steps on Monticello are more valuable.
3. Surface preservation: Minimal contact marks or blemishes increase desirability.
Mintage: 119,267,200
Rarity Scale: Common
Circulation Status: Widely Circulated
Preservation Rarity: Common in most grades, but scarce in MS66 and above
Varieties Errors: None significant
Market Demand: Moderate, popular with Jefferson Nickel series collectors
Mintage: 17,826,000
Rarity Scale: Common
Circulation Status: Widely Circulated
Preservation Rarity: Scarce in MS65 and above
Varieties Errors: None significant
Market Demand: Moderate, slightly higher than Philadelphia due to lower mintage
Mintage: 5,635,000
Rarity Scale: Uncommon
Circulation Status: Moderate Circulation
Preservation Rarity: Scarce in MS64 and above, rare in MS66+
Varieties Errors: None significant
Market Demand: High, due to lower mintage and semi-key date status
Full Steps: Coins showing complete steps on Monticello are highly sought after and can command significant premiums, especially for the San Francisco mint.
Toning: Nicely toned examples, particularly those with attractive rainbow colors, can be more valuable to collectors.
Die varieties: While no major varieties are known for 1937, any discovered could potentially increase value.
Historical significance: As an early year in the Jefferson Nickel series, 1937 coins hold appeal for collectors focusing on the initial years of this design.
