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Melt Values/ Silver / Jefferson 'War' Nickel (1942–1945, 35% Silver)
FACE $0.055 G0.05626 OZT AG
Melt Intelligence0.05626 ozt AgFace $0.05

Jefferson 'War' Nickel (1942–1945, 35% Silver)

~870 million struck across the emergency alloy years.

Jefferson 'War' Nickel (1942–1945, 35% Silver)WIKIMEDIA COMMONS · CC BY-SA 3.0 · Bobby131313
Jefferson 'War' Nickel (1942–1945, 35% Silver) — coin photograph
Designer
Felix Schlag
OBSERVED
Years Struck
Mid-1942–1945
OBSERVED
Mints
Philadelphia (P — first US coin ever to carry a P mint mark), Denver (D), San Francisco (S); large mint mark above Monticello
OBSERVED
02

The story

Nickel was a war-critical metal for armor plating, so from October 1942 the five-cent piece switched to 56% copper, 35% silver, 9% manganese. To make the emergency coins easy to pull from circulation later, the Mint moved the mint mark above Monticello and enlarged it — Philadelphia's 'P' appearing on a US coin for the first time in history. They were never systematically withdrawn, which is why sharp-eyed roll hunters still occasionally find 78 times face value hiding in nickel rolls.

The counterfeiter Francis Henning struck fake 1944 nickels but forgot the mandatory large mint mark — the missing 'P' is how they were caught.

03

Key dates worth real money

Check these before treating any coin as melt. Think you have one? Check recent auction records before selling, and read the grading basics first.

DateWhy it matters
1943/2-POverdate variety — the series' famous error
1944 (no mint mark)Doesn't exist legitimately — any example is a famous Henning counterfeit
04

Specifications

SpecificationValue
Diameter21.21 mm
Weight5 g
EdgePlain
Composition56% Cu, 35% Ag, 9% Mn
Actual silver weight0.05626 ozt
05

Grading and authentication

Grading: where wear shows first
War nickels tone dark and streaky because of the manganese - a dull gray-brown surface is normal, not damage.

Never clean a coin. Ever. Cleaning permanently destroys collector value — dark original toning is worth more than shiny damage.

Counterfeit check
Check the giant mint mark above Monticello - P, D, or S. No big mint mark, no silver, no exceptions.

Gear that settles it: an electromagnetic verifier, a calibrated scale and calipers — counterfeit basics.

06

Questions people actually ask

How much silver is in a war nickel?

0.05626 troy ounces - about $3.90 of silver at $69 spot, or 78 times face value. The highest melt-to-face ratio of any circulating-find US coin.

Can I still find war nickels in circulation?

Yes - they were never systematically withdrawn, and their dark toning camouflages them. Roll hunters still pull them regularly.

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