Coin collectors and numismatic enthusiasts have discovered a remarkable treasure hidden in plain sight – the 2004 Peace Medal Jefferson Nickel. This seemingly ordinary 5-cent coin can potentially be worth up to $2,750 for collectors who know exactly what to look for. Released as part of the Westward Journey Nickel Series, this coin represents a unique piece of American historical commemoration.
The 2004 Peace Medal Jefferson Nickel is more than just currency – it’s a historical artifact celebrating significant moments in American expansion. Minted in Philadelphia, this coin honors the Louisiana Purchase and the Lewis and Clark Expedition, making it a fascinating piece for both history buffs and coin collectors. Its potential high value stems from specific grading conditions and rare characteristics that set it apart from ordinary circulation coins.
Peace Medal Jefferson Nickel Details
| Characteristic | Information |
|---|---|
| Minting Year | 2004 |
| Mint Location | Philadelphia |
| Commemorative Series | Westward Journey Nickel Series |
| Historical Significance | Louisiana Purchase Bicentennial |
| Metal Composition | 75% Copper, 25% Nickel |
| Total Mintage | 361,440,000 |
| Potential Maximum Value | $2,750 |
| Grading Requirement | MS-68 Condition |
Coin Valuation Breakdown
Grading Scale and Value
- MS-63: Up to $5
- MS-64: Up to $8
- MS-65: Up to $14
- MS-66: Up to $35
- MS-67: Up to $210
- MS-68: Up to $2,750
Historical Significance
The Peace Medal Nickel represents a commemorative design celebrating crucial moments in American history:
- Obverse: Features Thomas Jefferson’s portrait
- Reverse: Displays crossed peace pipe and tomahawk
- Inscription: “Louisiana Purchase 1803” and “United States of America”
Identifying Valuable Characteristics
Key Factors for High-Value Coins:
- Pristine, uncirculated condition
- Sharp, clear design details
- Minimal wear and scratches
- Proper storage in protective cases
- Potential rare minting errors
Collector’s Guidance
How to Evaluate Your Coin:
- Inspect the “P” mintmark
- Check for exceptional preservation
- Look for crisp, unblemished surfaces
- Consider professional grading services
Conclusion
The 2004 Peace Medal Jefferson Nickel represents a fascinating intersection of numismatic value and historical commemoration. While most will be worth face value, a perfectly preserved specimen could transform an ordinary 5-cent coin into a $2,750 treasure. Careful examination and understanding of coin grading could reveal an unexpected windfall in your pocket change.
