Monday, Aug. 01, 1938

Front View

According to previous schedule a new Jefferson nickel was to appear this month as a successor to the buffalo nickel which has been in circulation since 1913. Last week the Bureau of the Mint announced that the public would have to wait till October. Reason: The Federal Fine Arts Commission did not like the original design (TIME, May 2), insisted on a new style of lettering on the coin, on changes in the detail of Thomas Jefferson's head on the obverse, on Artist Felix Schlag's redesigning the reverse so as to show Jefferson's home Monticello in front view instead of side view. After dies for a new coin are complete it takes five weeks till enough can be minted for simultaneous release throughout the U. S.

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