1954 Nickel Value Checker: Errors List, “D”, “S” & No Mint Mark Worth

The 1954 nickel presents a fascinating study in numismatic value extremes. While most circulated examples trade for just 10 to 50 cents, premium specimens can command astronomical prices, with the finest 1954-S Full Steps example selling for $35,250.

Produced at three U.S. Mint facilities—Philadelphia, Denver, and San Francisco—these coins’ values vary dramatically based on mint mark, condition grade, and striking quality.

The rare 1954-S/D overmintmark variety and Deep Cameo proofs add further collecting intrigue, making proper identification essential for determining your coin’s true worth. Notably, 1954 was also the last year San Francisco struck Jefferson nickels until 1968, adding a powerful “Last of Issue” historical significance that drives collector demand for high-grade S-mint examples.

 

1954 Nickel Value By Variety

The 1954 nickel was produced at three different U.S. Mint facilities, resulting in distinct varieties with values determined by mintage figures and preservation quality.

If you know the grade of your coin, you can find the exact price below in the Value Guides section.

Also Read: Top 100 Most Valuable Jefferson Nickels Worth Money List (1938-Present)

 

Top 10 Most Valuable 1954 Nickel Worth Money

Based on the chart data, 1954 nickels exhibit significant value variations. San Francisco Mint (S) coins in high grades dominate the rankings, with the 1954-S MS67 Full Steps commanding $35,250 as the most valuable, followed by another S-mint Full Steps example at $30,550.

Denver Mint (D) and regular Philadelphia strikes show relatively modest values, spanning $2,200 to $9,694. Notably, the overmintmark variety 1954-S/D commands a respectable $3,450, highlighting the additional premium collectors place on minting errors and varieties.

The data clearly demonstrates that mint mark designation and grade condition are critical determinants of value, with premium specimens worth over 350,000 times their face value in the finest known grades.

 

History Of The 1954 Nickel

The 1954 Jefferson nickel continued the classic design first introduced in 1938 when Felix Schlag won a national competition beating 389 other artists to earn the $1,000 prize. The coin features Thomas Jefferson on the obverse and his beloved Monticello estate on the reverse.

Three mints produced nickels in 1954: Philadelphia (no mint mark), Denver (“D”), and San Francisco (“S”). The coins used the standard peacetime composition of 75% copper and 25% nickel — not silver. Silver nickels were only produced from 1942 to 1945, so the 1954 nickel contains no precious metal content.

A historically important fact that the original article underemphasizes: 1954 was the final year the San Francisco Mint struck Jefferson nickels until 1968. San Francisco completed its 1954 nickel production by March of that year, then shifted briefly to cents and dimes in 1955 before suspending regular coinage operations entirely. This “Last of Issue” status makes the 1954-S a permanent fixture in collector sets.

Denver broke a production record in 1954, becoming the first mint in Jefferson nickel history to surpass 100 million pieces in a single year. The total mintage across all three facilities exceeded 194 million business strikes, plus 233,300 specially made proof coins for collectors.

A unique variety also emerged in 1954: some San Francisco dies showed an “S” overpunched on a “D” mintmark, creating the celebrated 1954-S/D error that remains one of the most sought-after Jefferson nickel varieties today.

Also Read: Top 60+ Most Valuable Buffalo Nickels Worth Money

 

Is Your 1954 Nickel Rare?

Determining your 1954 nickel’s rarity requires examining mint marks and condition carefully. Download the Coin Value Checker App to instantly identify key varieties and assess your coin’s scarcity. The app provides accurate rarity ratings based on mint mark, grade, and special characteristics like overdates.

 

Key Features Of The 1954 Nickel

The 1954 Jefferson nickel continues the classic design introduced in 1938. Composed of 75% copper and 25% nickel, this five-cent piece weighs 5 grams with a 21.2mm diameter. It features Felix Schlag’s distinctive portrait of Jefferson and his beloved Monticello estate.

The Obverse Of The 1954 Nickel

The obverse displays a left-facing profile of Thomas Jefferson with a colonial-era pigtail, modeled after Jean-Antoine Houdon’s 1789 bust. His portrait nearly touches the top rim.

“IN GOD WE TRUST” arcs clockwise along the left side from chest to hairline. On the right side behind Jefferson, “LIBERTY” and the date “1954” appear clockwise, separated by a small five-pointed star.

The Reverse Of The 1954 Nickel

The reverse presents a front view of Monticello, Jefferson’s Virginia mansion, rendered in architectural detail. Below the building, “MONTICELLO” appears on a ribbon, while “E PLURIBUS UNUM” sits at the top edge and “FIVE CENTS” curves below.

Mintmarks for Denver (D) and San Francisco (S) appear to the right of Monticello near the rim, while Philadelphia coins bear no mintmark.

Full Steps (FS) — The Most Important Quality Factor for 1954 Nickel Value

The most critical quality factor for Jefferson nickel collectors is the Full Steps (FS) designation, awarded by PCGS and NGC when at least five complete, unbroken steps are clearly visible at the base of Monticello. NGC further distinguishes between 5 Full Steps (5FS) and 6 Full Steps (6FS) — a distinction introduced in 2004.

For the 1954-S in particular, PCGS numismatist Jaime Hernandez has noted that only approximately 25 examples across all grades have ever been certified with the Full Steps designation by PCGS. This extraordinary scarcity explains why a 1954-S MS67 FS commands $35,250 while a standard 1954-S in the same MS67 grade without FS might sell for a few hundred dollars.

Other Features Of The 1954 Nickel

Three mints produced the 1954 nickel: Philadelphia struck approximately 47.9 million pieces, Denver produced 117.2 million, and San Francisco minted 29.4 million. The coin’s copper-nickel composition gives it a distinctive silvery appearance.

Collectors seek specimens with sharp strikes showing full architectural details on Monticello, particularly the six front steps. The fifth step from the bottom is the most common weak point on the 1954-S, making fully-struck examples genuinely rare.

Also Read: Top 100 Rarest Nickels Worth Money (Most Expensive)

 

1954 Nickel Mintage & Survival Data

The 1954 Jefferson nickel production demonstrates significant variation across the three minting facilities. Denver Mint led with 117,183,060 pieces — the first time in Jefferson nickel history Denver exceeded 100 million — substantially outpacing Philadelphia’s 47,684,050 and San Francisco’s 29,384,000. Each facility also contributed to the 233,300 specially produced collector proof strikes.

Business strikes from all three mints show remarkably uniform preservation rates clustering around 79%, leaving approximately 154 million coins extant from the original 194 million minted. This consistency suggests widespread public retention during the economically stable 1950s.

Collector editions face drastically different outcomes: standard Proofs retain merely 6.430% survival with 15,000 remaining, while DCAM (Deep Cameo) specimens have experienced severe attrition at 0.814% — only 1,900 survivors from the original 233,300.

The dramatic loss in premium proof strikes likely resulted from improper handling, cleaning damage, or circulation before collectors recognized their enhanced numismatic value.

Also Read: Jefferson Nickel Value (1938-Present)

 

The Easy Way to Know Your 1954 Nickel Value

Determining your 1954 nickel’s worth doesn’t have to be complicated. Most 1954 Jefferson nickels in circulated condition are worth their face value to about 50 cents, but uncirculated specimens can fetch $5–$20 or more. The rare 1954-S/D overmintmark variety can be worth hundreds of dollars even in worn condition.

Key factors affecting value include mint mark (Philadelphia, Denver, or San Francisco), condition grade, and any errors or varieties present. For instant, accurate valuations based on current market prices, simply snap a photo with the Coin Value Checker App and get your coin’s value in seconds.

 

1954 Nickel Value Guides

• 1954 No Mint Mark (Philadelphia): Circulated specimens range from $0.10 to $0.50, while uncirculated examples (MS60–MS65) typically sell for $5 to $50. Premium Full Steps MS66 specimens have reached auction prices up to $8,812.50, achieved in August 2012 at Stack’s Bowers.
• 1954-D (Denver): Circulated pieces are valued between $0.10 and $0.15, with MS65 examples fetching around $36. The all-time record of $9,693.75 was set in 2020 for an MS66+ Full Steps example sold at Legend Rare Coin Auctions.
• 1954-S (San Francisco): These coins range from $0.10–$0.20 in circulated condition to $2–$675 for mint state pieces graded MS60 through MS67. The rarest Full Steps MS67 example sold for an exceptional $35,250. With only ~25 PCGS-certified Full Steps examples known, this is one of the scarcest condition rarities in the entire Jefferson series.
• 1954 Proof: Standard proof coins typically range from $20 for average specimens to $275 for PR69 grades. Philadelphia minted 233,300 proof nickels this year.
• 1954 CAM (Cameo): Cameo proofs — which display frosted design elements against mirror-like fields — graded PR69 command prices between $325 and $800. The top auction record is $2,200 for a PR69 CAM achieved in July 2011.
• 1954 DCAM (Deep Cameo): Deep Cameo (DCAM) specimens — those with extreme frosted contrast requiring fresh dies — are exceptionally rare, with PR68 examples valued at $2,150. The record price for a PR68 Deep Cameo reached $7,475 at Heritage Auctions in February 2007.

The 1954 Jefferson Nickel presents diverse collecting opportunities across multiple varieties and grade levels. While common circulated examples remain affordable at face value, specialized varieties featuring the Full Steps designation, proof finishes, and Cameo or Deep Cameo contrast effects can command substantial premiums that reward careful examination.

 

1954 No Mint Mark Nickel Value

The 1954 Philadelphia nickel was produced without a mint mark, following standard practice for coins struck at the main facility. With a mintage of 47,684,000 pieces, these coins remain relatively common in circulated grades.

However, the Full Steps (FS) designation — requiring all six steps of Monticello to be sharply defined and uninterrupted — transforms ordinary specimens into premium collectibles that command dramatically higher prices. An MS65 with 5FS typically sells for around $350, while the same grade with 6FS climbs to approximately $550.

The auction record stands at $8,812.50, achieved in August 2012 at Stack’s Bowers for an MS66 Full Steps example. While a split planchet error example in AU Details condition sold for $51 at Heritage Auctions in 2023, Philadelphia business strikes with verifiable mint errors are rare and always attract premium bids.

Auction prices reflect the premium collectors place on superior strike quality and preservation.

Trading activity indicates sustained collector interest in this Philadelphia issue.

 

1954-D Nickel Value

The 1954-D nickel is notable for its massive mintage of over 117 million coins — the first year Denver’s Jefferson nickel output crossed the 100-million mark. This makes it the most common 1954 variety in circulated condition. Its primary numismatic significance lies in its condition rarity: few coins survived in top grades with fully detailed Monticello steps, making high-grade Full Steps specimens genuinely scarce despite the enormous original mintage.

The value for a standard 1954-D nickel in average circulated condition is minimal at $0.10–$0.15. However, premium examples have reached extraordinary levels. The all-time record price of $9,693.75 was set in 2020 at Legend Rare Coin Auctions for a coin graded PCGS MS66+ Full Steps. Error examples also command strong prices: a 1954-D nickel struck on a cent planchet (wrong planchet error) in AU58 condition sold for $1,840 at Heritage Auctions in 2007, with another AU58 example bringing $1,380 in 2008 at the same house.

Auction records for premium examples demonstrate a clear premium for quality.

Market activity for this coin remains consistently high among collectors.

 

1954-S Nickel Value

The 1954-S nickel holds two crucial distinctions that make it special beyond its low mintage. First, with just under 29.4 million coins produced, it has the lowest mintage of any regular-issue Jefferson nickel from the 1950s.

Second — and more importantly to historians — 1954 was the last year the San Francisco Mint struck Jefferson nickels until 1968, giving it permanent “Last of Issue” collector status. San Francisco completed its 1954 nickel production by March of that year before winding down regular coinage operations.

The Full Steps condition rarity for this date is extraordinary. According to PCGS data cited by numismatist Jaime Hernandez, only approximately 25 examples across all grades combined have ever been certified with the Full Steps designation by PCGS — making it one of the most difficult Full Steps nickels in the entire series to acquire.

The highest recorded price for a 1954-S nickel is $35,250, paid for a PCGS MS67 Full Steps specimen. Wrong planchet errors also command strong prices: a 1954-S struck on a cent planchet in MS64 condition sold for $900 at Heritage Auctions in 2019.

The value trend for premium examples shows a steep climb for top-tier grades.

Collector interest in this issue remains consistently strong and competitive.

 

1954 Proof Nickel Value

The 1954 Proof Nickel was struck exclusively at the Philadelphia Mint using specially polished dies and planchets. This process gives these coins deeply mirrored surfaces and frosted, cameo-style design elements. With a mintage of 233,300, they are readily available in lower grades but become progressively scarcer in pristine condition.

Most 1954 proofs are described as “fully brilliant” with little to no cameo frosting — this makes Deep Cameo (DCAM) specimens especially rare, as the frosted effect deteriorates quickly as dies wear.

The highest recorded auction price for a standard 1954 Proof Nickel is $1,550, achieved in 2001 by a coin graded PR69, a level of preservation that approaches perfection. While most examples are affordable for beginner collectors, superior-quality specimens still command meaningful premiums.

The auction performance for top-condition examples demonstrates a clear positive trajectory.

Collector engagement with this issue remains consistently active and robust.

 

1954 Re-Engraved Obv Design FS-401 Proof Nickel Value

The 1954 Re-Engraved Obverse Design FS-401 is a proof-only variety, exclusive to the 233,300 proof mintage. It resulted from the Mint’s attempt to restore a worn proof die by re-engraving Jefferson’s hair ribbon — the original die had been overused, causing the ribbon detail to fade. The re-engraving created distinct characteristics that make this variety identifiable to collectors, particularly the unusual thickness and enhanced detail visible in the hair ribbon area.

The highest recorded auction price for this variety reached $564 for a PR66 specimen sold through Heritage Auctions on March 14, 2017. Examples typically sell for $100 to $250 in PR65 grades. The variety remains relatively scarce compared to regular 1954 proofs, making it a desirable find for Jefferson nickel specialists and variety collectors.

 

1954 CAM Nickel Value

The 1954 Cameo (CAM) proof nickel represents a specialized collector category within the proof mintage of 233,300 pieces. The CAM designation identifies coins with frosted design elements — the raised portrait of Jefferson and Monticello — contrasting sharply against highly reflective, mirror-like fields.

This enhanced visual contrast gives a coin far greater visual appeal than a standard proof, making CAM examples particularly desirable among Jefferson nickel specialists.

The top recorded auction price stands at $2,200 for a PR69 Cameo example, achieved in July 2011. While regular 1954 proofs trade modestly for $20–$275, Cameo examples command substantial multiples due to their striking visual distinction and relative scarcity within the overall proof production. Most 1954 proofs show little or no cameo contrast, making true CAM-designated coins a genuine rarity among the 233,300 produced.

Auction results for premium examples reveal a consistent valuation pattern over time.

Market demand for this classic CAM issue remains notably stable and predictable.

 

1954 DCAM Nickel Value

Deep Cameo (DCAM) designation requires exceptional contrast between heavily frosted devices and deeply mirrored fields — a characteristic found only on coins struck from fresh dies in optimal conditions. This extreme visual contrast proves far rarer than standard Cameo finish, as die deterioration quickly diminishes the frosted effect after relatively few strikes. Since most 1954 proofs were fully brilliant with minimal frosting to begin with, Deep Cameo survivors are a tiny fraction of an already small mintage.

The auction record stands at $7,475, established in February 2007 at Heritage Auctions for a PR68 DCAM specimen. Only 1,900 DCAM specimens are estimated to have survived from the original 233,300 proof mintage — a survival rate of just 0.814%. Collectors pursuing registry sets frequently target these coins as the ultimate representation of 1950s proof quality.

Auction results demonstrate the sustained premium collectors place on superior Deep Cameo contrast and preservation.

Market activity reflects strong specialized demand despite the variety’s limited availability among proof collectors.

Also Read: 22 Rare Nickel Errors List with Pictures (By Year)

 

Rare 1954 Nickel Error List

The 1954 Jefferson nickel series contains several notable minting errors that attract collectors. These varieties resulted from the hand-punching process used for mintmarks and die production during this era — a process the U.S. Mint abandoned in 1989 when mintmarks were moved to master dies.

Error coins command premiums based on their visibility, rarity, and grade. Understanding these varieties helps collectors identify valuable specimens that may otherwise appear ordinary.

1. 1954-D/D RPM FS-501

This Repunched Mintmark (RPM) error displays a doubled “D” mintmark on the reverse. The error occurred when die makers failed to position the letter punch precisely on the first attempt, requiring a second punch that landed in a slightly different location. The secondary “D” impression appears as a shadow or outline around the primary mintmark — look for doubled serifs or raised metal around the letter’s edges under 10x magnification.

This type of error was common before 1989, when the U.S. Mint began placing mintmarks on master dies instead of hand-punching them onto individual working dies.

2. 1954-S DDR FS-801

The Doubled Die Reverse (DDR) variety shows hub doubling on Monticello and surrounding inscriptions. Doubled dies form when the hub makes two impressions on the die at slightly different angles during the die-making process, creating a shadow effect visible under magnification. On this variety, doubling appears most prominently on the building’s architectural details and the word “MONTICELLO.”

Unlike Repunched Mintmarks, doubled dies affect design elements across the entire reverse — not just the mintmark. An MS66 example achieved $372 at Heritage Auctions in July 2023, demonstrating sustained collector interest in well-preserved specimens.

3. 1954-S/S RPM FS-502

This Repunched Mintmark features a doubled “S” mintmark on San Francisco-struck coins. The error resulted from multiple punching attempts — a punch that bounced on the rebound, a punch not held perfectly vertical, or an attempt to correct an initially mispositioned punch. The secondary “S” impression creates a visible shadow or offset outline around the primary mintmark.

These varieties were cataloged and designated by variety attribution services, with FS-502 indicating the specific repunching pattern. Collectors value these errors for their historical significance, as they represent the final era of hand-crafted die production before automation.

4. 1954-S/D Overmintmark FS-501

The most significant 1954 nickel error variety features an “S” mintmark struck over a “D” mintmark. During the mid-1950s, U.S. Mint workers still hand-punched mintmarks onto individual dies, and all dies for branch mints were produced in Philadelphia.

Two scenarios explain this error: either a San Francisco die was accidentally punched with “D” and subsequently corrected by overpunching with “S,” or a Denver-designated die was mistakenly sent to San Francisco where “S” was punched over the existing “D.”

Under magnification, traces of the underlying “D” remain visible beneath the “S,” particularly around the mintmark’s curves and serifs, making this one of the most collectible Jefferson nickel varieties. The all-time auction record for this variety is $3,450 at Heritage Auctions on August 18, 2004, for a PCGS MS66 example. Importantly, no Full Steps examples are currently known, meaning there is potentially a premium waiting for any collector who discovers one.

5. 1954 Nickel Wrong Planchet Error

One of the most dramatic and valuable 1954 nickel errors is the wrong planchet error, where a nickel was accidentally struck on a cent planchet instead of the correct copper-nickel blank. A cent planchet measures approximately 19mm in diameter (vs. the nickel’s normal 21.2mm) and weighs just 3.11 grams (vs. the normal 5 grams), making these errors immediately identifiable by size, weight, and copper color.

These errors consistently achieve four-figure prices at auction regardless of condition. A 1954-D nickel struck on a cent planchet in AU58 condition sold for $1,840 at Heritage Auctions in 2007. Another AU58 example brought $1,380 at Heritage in 2008.

A 1954-S example in MS64 condition sold for $900 at Heritage in 2019, while a Philadelphia example in MS63 sold for $660 at the same auction. If you find a 1954 nickel that appears smaller and copper-colored, weigh it immediately — you may have one of these valuable errors.

6. 1954 Nickel Off-Center Strike Error

Off-center strikes occur when the planchet is not properly centered under the dies at the moment of striking, leaving a crescent-shaped blank area on the finished coin. The value of an off-center error increases dramatically with the percentage of displacement — and critically, the date and mintmark must still be visible to maximize value.

Minor off-center errors of 3%–5% typically sell for $5–$10. Specimens with 50% or more displacement that still show the complete date and mintmark can command well over $100 at auction. Always confirm the date is clearly readable before assuming significant value, as dateless off-center coins are worth far less.

 

Where To Sell Your 1954 Nickel?

With your coins’ value established, finding reliable online selling venues becomes the priority. I’ve created a comprehensive overview of trusted sites, highlighting their offerings, advantages, and potential drawbacks.

Check out now: Best Places To Sell Coins Online (Pros & Cons)

 

1954 Nickel Market Trend

*Market Trend Chart showing the number of people paying attention to this coin.

 

FAQ About The 1954 Nickel Value

1. How much is a 1954 nickel worth in 2026?

Most circulated 1954 nickels are worth $0.10 to $0.50, while uncirculated examples typically range from $5 to $50. However, premium specimens can be extremely valuable. The 1954-S MS67 Full Steps holds the all-time record at $35,250. Proof coins range from $20 to $275, Cameo (CAM) proofs fetch $325–$800, and Deep Cameo (DCAM) specimens have reached $7,475. Value depends heavily on mint mark, condition grade, and the Full Steps (FS) designation.

2. Are 1954 nickels rare?

Generally, 1954 nickels are not rare, with over 194 million business strikes produced across three mints. Denver struck 117 million (most common), Philadelphia made 47.9 million, and San Francisco minted 29.4 million.

However, the 1954-S is historically significant as the last San Francisco Jefferson nickel until 1968, and Full Steps examples from this date are genuinely rare — PCGS has certified only approximately 25 examples with the FS designation across all grades.

3. What is special about the 1954-S nickel?

The 1954-S nickel is special for three key reasons. First, it has the lowest mintage of any 1950s Jefferson nickel at 29.4 million.

Second, it was the last Jefferson nickel struck at San Francisco until 1968 — making it a prized “Last of Issue” collectible.

Third, only approximately 25 examples have ever been certified with the Full Steps designation by PCGS, making top-grade FS examples among the rarest condition rarities in the entire Jefferson nickel series.

4. Does the 1954 nickel contain silver?

No — the 1954 nickel contains absolutely no silver. It is made from 75% copper and 25% nickel, the standard composition used before and after the wartime period. Silver Jefferson nickels were only produced from 1942 to 1945, containing 35% silver, and are identified by the large mintmark (P, D, or S) placed above Monticello’s dome on the reverse. The 1954 nickel has no such large mintmark above the dome.

5. What is the Full Steps (FS) designation and why does it matter so much?

Full Steps (FS) is a special designation awarded by grading services PCGS and NGC when at least five complete, unbroken steps are clearly visible at the base of Monticello on the reverse. NGC further distinguishes 5 Full Steps (5FS) from the ideal 6 Full Steps (6FS) — a distinction introduced in 2004.

The designation matters enormously because most 1954 nickels were weakly struck, leaving the steps blurred or merged. A 1954-S in MS65 without FS might sell for $30–$50, while the same coin with 6FS could fetch $10,000 or more.

6. What is the 1954-S/D overmintmark and how do I identify it?

The 1954-S/D is an overmintmark (OMM) variety where an “S” was punched over a pre-existing “D” mintmark on a working die. It’s identified under 10x magnification by examining the mintmark area to the right of Monticello.

Look for a “ghost” outline of the letter “D” visible beneath the “S,” particularly on the curved portions and serifs. The underlying “D” often appears as doubled lines or a shadow around the primary mintmark. Circulated examples sell for $5–$10 while top-grade MS66 examples reached $3,450 in August 2004 at Heritage Auctions.

7. What makes a 1954 nickel worth thousands of dollars?

Three factors create four- and five-figure values: (1) Full Steps strike quality — showing all five or six Monticello steps sharply defined; (2) High grade — MS66 or above for business strikes, or PR68+ for proofs; and (3) Rare variety or error — such as the S/D overmintmark, wrong planchet, or Deep Cameo proof designation. A coin meeting all three criteria — rare variety + high grade + FS — represents the absolute pinnacle of 1954 Jefferson nickel collecting.

8. Are 1954 nickels worth getting professionally graded?

Professional grading from PCGS or NGC is worthwhile for any 1954 nickel that appears uncirculated, especially if it may have Full Steps details. PCGS grading fees typically run $20–$40 for basic service.

The investment makes sense because the value difference between a raw ungraded 1954-S and a certified PCGS MS66 Full Steps example can exceed $4,000. Always submit through an authorized dealer or directly to PCGS or NGC, and never clean or polish the coin before submission.

9. What 1954 nickel errors should I look for in my change?

The most valuable errors to look for are: (1) the 1954-S/D overmintmark — visible under a loupe as a “D” ghost under the “S”; (2) wrong planchet errors — a 1954 nickel smaller than 21.2mm or copper-colored means it may be struck on a cent planchet; (3) off-center strikes — coins with a crescent-shaped blank area and a still-visible date; and (4) Repunched Mintmarks (RPM) — doubled or shadow letters on D or S mint marks. Minor doubled dies on inscriptions can also add $20–$50 in value.

10. Where is the mint mark on a 1954 nickel?

The mint mark on a 1954 nickel is located on the reverse (tails side), to the right of Monticello, near the coin’s rim. Denver coins show a small “D,” San Francisco coins show a small “S,” and Philadelphia coins have no mint mark at all — that blank space where a letter would be is itself an identifier for Philadelphia production. This placement was standard for Jefferson nickels from 1938 through 1964 on all branch mint coins.