1963 Jefferson Nickel Proof: The 1963 Jefferson Nickel Proof is a remarkable coin that holds a special place in the hearts of numismatists. Struck with precision and care at the Philadelphia Mint, this Proof coin reflects both craftsmanship and historical significance. Released as part of the annual Proof Set, the 1963 Jefferson Nickel Proof represents an era of transition for American coinage, just before the shift to copper-nickel clad compositions.
In this guide, we will explore the 1963 Jefferson Nickel Proof in detail, covering its historical context, design, value, grading, and care. Whether you’re a seasoned collector or a beginner, this article will provide essential insights into this iconic coin.
Overview of the 1963 Jefferson Nickel Proof
| Attribute | Details |
| Year of Issue | 1963 |
| Denomination | Five Cents (USD) |
| Mintmark | None (Philadelphia) |
| Mintage | 3,075,645 |
| Composition | 75% Copper, 25% Nickel |
| Weight | 5.00 g |
| Diameter | 21.21 mm |
| Edge | Plain |
| Obverse Designer | Felix Schlag |
| Reverse Designer | Felix Schlag |
Historical Context of the 1963 Jefferson Nickel Proof
The 1963 Jefferson Nickel Proof was released during a peak period for Proof coin collecting in the United States. In the early 1960s, demand for annual Proof Sets had skyrocketed, with collectors eagerly purchasing them directly from the United States Mint. Over 3 million Proof Sets were sold in 1963, setting a record for the time.
The set included five denominations: the Lincoln Cent, Jefferson Nickel, Roosevelt Dime, Washington Quarter, and Franklin Half Dollar. While the Dime, Quarter, and Half Dollar were struck in 90% silver, the 1963 Jefferson Nickel Proof was made from a copper-nickel alloy. This coin marks one of the last Proof issues before the Coinage Act of 1965, which eliminated silver from circulating coins.
Design of the 1963 Jefferson Nickel Proof
Obverse Design
The obverse of the 1963 Jefferson Nickel Proof features a detailed left-facing bust of President Thomas Jefferson, designed by Felix Schlag. The image is modeled after the famous 1789 bust of Jefferson by Jean-Antoine Houdon.
Around the portrait, the inscriptions read:
- “IN GOD WE TRUST” along the left side
- “LIBERTY” and “1963” along the right side, separated by a small star
Reverse Design
The reverse displays Monticello, Jefferson’s iconic home in Virginia. Felix Schlag’s depiction captures the neoclassical architecture with impressive clarity. Above the building is the inscription “E PLURIBUS UNUM”, while below it, the words “MONTICELLO,” “FIVE CENTS,” and “UNITED STATES OF AMERICA” are elegantly arranged.
Edge
Like all Jefferson Nickels, the 1963 Jefferson Nickel Proof has a smooth, plain edge that contributes to its clean aesthetic.
Mintage and Rarity of the 1963 Jefferson Nickel Proof
With a total mintage of 3,075,645 Proof Sets, the 1963 Jefferson Nickel Proof isn’t considered extremely rare. However, its value depends heavily on its condition and grading. Coins with Cameo (CAM) or Deep Cameo (DCAM) finishes are significantly more valuable due to their striking contrast between the mirrored fields and frosted designs.
While raw coins are common and affordable, highly graded examples—especially those with Deep Cameo finishes—command premium prices.
- Raw Coin Value: $2–$5
- Proof 68-69: $10–$15
- Deep Cameo PF69: $200–$250
Grading the 1963 Jefferson Nickel Proof
Grading is essential for determining the value and authenticity of a 1963 Jefferson Nickel Proof. Here are the main grading categories:
- Proof (PF68–PF69): Coins with exceptional surfaces and minimal imperfections.
- Cameo (CAM): Coins with a noticeable frosted design and reflective background.
- Deep Cameo (DCAM): Premium coins with strong frosting and sharp contrast.
The highest-known grade for the 1963 Jefferson Nickel Proof is PR70 Deep Cameo (PCGS), and it remains an extremely rare find.
How to Care for Your 1963 Jefferson Nickel Proof
Proper care and handling are essential to maintaining the appearance and value of your 1963 Jefferson Nickel Proof:
- Storage: Keep the coin in an airtight, acid-free holder.
- Handling: Always use cotton gloves to prevent fingerprints and oils from damaging the surface.
- Cleaning: Never clean a Proof coin yourself. Improper cleaning can permanently damage the finish.
Notable Auction Sales of the 1963 Jefferson Nickel Proof
The 1963 Jefferson Nickel Proof has performed well at auctions, particularly in high grades:
- PCGS PR69DCAM (2023) – Sold for $240 at Stack’s Bowers
- PCGS PR69DCAM (2013) – Achieved a price of $822.50 at Heritage Auctions
These auction results highlight the strong demand for high-grade specimens among collectors.
Common Issues with 1963 Jefferson Nickel Proof Coins
- Hazing: Over time, a thin haze may develop on improperly stored coins.
- Toning: Natural toning, often in champagne or light blue hues, can occur.
- Surface Damage: Mishandling or cleaning attempts may result in permanent damage to the Proof finish.
Collectors should remain vigilant when purchasing coins and ensure they are graded by reputable services like PCGS or NGC.
FAQs About the 1963 Jefferson Nickel Proof
1. What is a 1963 Jefferson Nickel Proof worth?
A raw coin is valued at around $2, while high-grade examples with Deep Cameo finishes can fetch up to $250.
2. How many 1963 Proof Sets were produced?
The United States Mint produced 3,075,645 Proof Sets in 1963.
3. What makes a 1963 Jefferson Nickel Proof special?
Its historical context, attractive design, and the rarity of high-grade Deep Cameo examples make it highly collectible.
4. Should I clean my 1963 Jefferson Nickel Proof?
No, cleaning can cause irreversible damage. Always consult a professional if cleaning is necessary.
5. Who designed the Jefferson Nickel?
The Jefferson Nickel was designed by Felix Schlag.
Final Thoughts
The 1963 Jefferson Nickel Proof is more than just a coin—it’s a piece of American history. With its timeless design, historical significance, and investment potential, it remains a favorite among collectors.
If you own one of these coins or plan to add one to your collection, take the time to understand its value, care requirements, and market demand.
Share your thoughts in the comments below, and happy collecting!