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The Jefferson nickel has been in circulation since before World War II. In 1938, the United States Treasury elected to stop minting the Buffalo nickel. The Buffalo nickel (also known as the Indian Head nickel) had just completed its mandatory twenty-five year circulation, and since the new President, Franklin D. Roosevelt, was a [[Thomas Jefferson|Jefferson]] admirer, the U.S. mint announced a contest to design a coin in honor of the third President. The winning entry would receive a $1,000 prize. Normally, the Chief Sculptor-Engraver of the mint created American coins, but for the Jefferson five-cent piece, the general public was invited to submit designs and 390 contestants did so.
The winning artist, Felix Schlag, was a German immigrant who had been a citizen for only nine years. He spent four weeks on his version of the coin. In the letter that notified him of his success, Schlag, based on a Gilbert Stuart portrait he had encountered in an art book. On the reverse, he depicted Monticello. His version of the mansion underwent drastic revision before minting, but once released in 1938, Schlag's design has remained virtually unchanged for 66 years.
Though the images on the coin have undergone little change, there have been some variations in the metal content of the nickel. For most of its history, the Jefferson nickel has contained an alloy of 75% copper and 25% nickel. From 1942-1946, however, the war-time version of the coin circulated. Its metal content was 56% copper, 35% silver, and 9% manganese. This diverted the nickel normally used in currency to military uses.
The striking of the 1938 Jefferson coin was not his first depiction on the country's currency. In 1869, his likeness had appeared on the two-dollar bill.This section based on J. Boehm, Monticello Research Report, February 1998.
In 2004, for the first time, the reverse side of the nickel (the Monticello side) was changed to commemorate the bicentennial of the [[Lewis and Clark Expedition]]. One minting depicted the [[Indian Peace Medal]] and the other illustrated the keelboat from the expedition.
In 2005, the U.S. mint included a new image of Thomas Jefferson on the front of the nickel to give a more modern look to the coin. The image was designed by Joe Fitzgerald. The mint also planned two different reverse sides of the coin along the them of "a Westward Journey." One design featured the American bison, and the other depicted the Pacific Ocean - the ultimate goal of the Lewis and Clark Expedition.
In 2006, the nickel returned to using Felix Schlag's Monticello design on a newly cast reverse, while the obverse features a new forward-facing portrait of Jefferson, based on the 1800 Rembrandt Peale portrait of Jefferson. It is the first U.S. circulating coin that features the image of a President facing forward. The new obverse was designed by Jamie Franki. It is more detailed than the 1938 image, thanks to modern minting technology.
- United States Mint. Circulating Coins. Designs.
- United States Mint. Historical Image Library. Reverse.
[[Category:Science and Exploration]]