The value of a 1938 5 centavos coin varies based on its origin (country) and condition. To determine its value, you need to know which country issued it.
- The 1938-M (Manila Mint) 5 centavos coin from the Philippines was made of copper-nickel and had a mintage of 4,000,000.
- Values for this coin range from $2.20 to $1,250 in Mint State (MS) condition, according to Greysheet.
- Specific examples have sold for:
– $189.00 for a PCGS graded MS 64 coin.
– $250.00 for a PCGS graded MS 64 coin.
- A coin graded as “high grade” sold for $29.99.
- A circulated coin described as having “nice details” or “as is condition” sold for $2.00.
- An XF (extremely fine) condition coin was offered for $19.99.
- The 1938-M (Mexican Mint) 5 centavos coin from Mexico is also a copper-nickel coin.
- Values for this coin in VF (Very Fine) condition are around $2.00.
- Specific examples have sold for:
– $44.00 for a “rare high grade” example.
– $8.00 for a circulated example.
– $24.99 for a “key date” in “very sharp” condition.
– $6.00 for a circulated coin in “VGood condition”.
– $200 for a PCGS graded MS-64 example.
– $200 for an NGC graded MS 65 example.
– $17.99 for a circulated example.
- A 1938 Colombia 5 centavos coin made of 0.9000 silver was offered on eBay, but a value was not listed in the search results.
- A 1938 5 centavos coin from Chile had a mintage of 2,000,000 . No value was given for this coin.
- A 1938 Thomas Jefferson Nickel (5 cent) coin from the United States with an error was listed for $900. It is important to note that US 5-cent coins are different from 5 centavos coins. The US coin listed also has an error.
Therefore, the value of your 1938 5 centavos coin depends on whether it is from the Philippines or Mexico, and its grade or condition.
Is there any silver in a 1938 nickel?
Mint in 1938 with 75% Copper and 25% Nickel, the Jefferson Nickel was later produced with a different composition from 1942 to 1945 to preserve nickel for the war effort. The wartime nickel was composed of 56% Copper, 35% Silver, and 9% Manganese.