1978-P (Philadelphia) Jefferson Nickels

Coin / United States of America / 1978 / Philadelphia / Jefferson Nickels / 5¢ (Five Cents, Nickel, Half Dime)

The coin in question is a 1978 Jefferson Nickel, which is a five-cent piece minted in Philadelphia. This nickel is part of the well-known Jefferson Nickels series, recognized for its classic design featuring a portrait of Thomas Jefferson on the obverse and Monticello on the reverse. Produced in a substantial quantity of 391,308,000, this coin is composed of a copper-nickel alloy, giving it both durability and a distinct appearance. With a diameter of 21.2 mm and a weight of 5 grams, it maintains the standard size and weight for nickels in circulation. The mint mark for this particular coin is "P," indicating its origin from the Philadelphia Mint, which is notable since some years did not feature a mint mark at all. The coin is categorized under the broader type of coins and is specifically a part of the currency system of the United States, identified by its denomination of 5 cents. Overall, the 1978 Jefferson Nickel represents both a piece of everyday currency and a collectible for numismatists, especially in various grades reflecting its condition. As a common date in the series, it may not hold significant value over its face amount unless found in uncirculated or higher grades, where collector interest may increase.