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NICKEL FIVE-CENT PIECE 1942-1945 Wartime Jefferson

Front - 1938 jefferson nickel wartime Back - 1938 jefferson nickel wartime

Description

From a purely intrinsic standpoint, the "Wartime Nickel" had more intrinsic value than did other years. It's hard to imagine, after all the years of trying to shrink the amount of silver used in coinage, that silver would make its way into the production of Nickels. Apparently nickel was more strategic to the war than it was in the minting of coins. The former composition of 0.75 part copper and 0.25 nickel was changed to 0.56 part copper, 0.35 part silver, and 0.9 part manganese.

To differentiate the new alloy and to aid in later redemption and sorting by metallic content of these pieces by the Treasury Department, the wartime pieces were made with a large mintmark above the dome of Monticello. The Philadelphia Mint, which had never used a mintmark earlier, was represented by a P, while D and S represented Denver and San Francisco respectively.

Business strikes are readily available in grades from Very Good to superb Uncirculated. Worn pieces are apt to have a rather scruffy appearance, so the acquisition of an Uncirculated (or Proof piece is recommended. Uncirculated coins are usually sharply struck.

Valuation

In 1942, 27,600 Proofs were made of the wartime alloy at the Philadelphia Mint, each coin being distinguished by a P above the dome. These pieces are readily available today, although the demand for them by type collectors has caused the price to rise sharply in recent decades.
COIN NAME
NICKEL FIVE-CENT PIECE 1942-1945 Wartime Jefferson
DESIGNED BY
Felix 0. Schlag
ISSUE DATE
1942-1945
COMPOSITION
56 part copper, .35 part silver, .09 part manganese
DIAMETER
21.2 mm
WEIGHT
77.16 grains (5 grams)
EDGE
Plain
BUS MINT
869,896,100
PROOF MINT
27,600

The statements made on this website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.