1940-S Jefferson Nickel Value: What Is It Worth in 2026?

Mintage: ~39.7 million struck
Estimated value · Source: USACoinBook price guide (updated Feb 2026)
1940 S Jefferson Nickel
Mint: San Francisco (S)
Keep it

Common date: worn examples are worth about five cents. Keep it, or set it aside until you have a roll of old nickels to sell in one lot.

Value by condition

Good (G-4, heavily worn)$0.12
Very Good (VG-8)$0.18
Fine (F-12)$0.24
Very Fine (VF-20)$0.43
Extremely Fine (XF-40)$0.86
About Uncirculated (AU-50)$1.24
Mint State (MS-63, uncirculated)$19

A 1940 Jefferson Nickel struck at the San Francisco mint — a pre-war issue — common in worn grades, with the premium starting around Extremely Fine.

See the full page for this coin (mintage, how to identify it, where to sell)

How to confirm it's genuine

  • The mint mark is on the reverse, to the right of Monticello — a small D or S. No letter means Philadelphia. A magnifier with light at a 45° angle works best.
  • Never clean the coin: cleaning destroys the original surface and can cut the value in half.
  • For any coin worth more than $200, PCGS/NGC grading fees (~$20–50) are money well spent.

Where to sell this coin

  • eBay works best in the $1.00–$200 range. Take clear photos of both sides in natural light, and put the year, mint mark, and approximate grade in the title.
  • A local coin dealer is the fastest way to cash out, but expect 60–70% of guide prices. Best for selling common dates in bulk.
  • Graded high-value coins do best at auction houses like Heritage Auctions or Stack's Bowers, where realized prices are public.

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