1917(P) is fairly common in all grades including the gem level (MS-65 and higher).
Most examples seen are very sharply struck, yet a few show evidence of heavy die erosion from extended use of the dies. The nationwide shortage of minor coins in 1917-18 probably accounts for this development, although it would be repeated with disturbing frequency in subsequent years.
1917(P) nickels vary widely in the quality of their luster. The vast majority have very textured, frosty luster as a consequence of extended die usage. Earlier strikes are a bit more satiny.
Beginning this year, the obverse design was strengthened in the lines of the Indian’s robe above the date. This addressed another of the deficiencies in the original models and represents a refinement to the hub of 1916.
Varieties:
- The prominent doubled-die reverse for this date is very highly sought (FS-1917- 801). The doubling is most evident in the legend E PLURIBUS UNUM.
- A lesser doubled-die variety turned up (FS-1917-802) while collectors and dealers were searching for the big one. Its value is significantly lower than for the primary variety.
- A two-feathers variety exists for this issue (FS-1917-401).
| Philadelphia | Denver | San Francisco |
| 51,424,019 | 9,910,000 | 4,193,000 |