During World War II, the Jefferson Nickel series underwent a significant change. Since nickel was identified as a strategic metal for the war effort, the composition of the five cent piece was changed to a composition of 35% silver, 9% manganese, and 56% copper. The Silver War Nickels (Buy on eBay) minted from 1942 to 1945 create an interesting short set within the broader series.
Production of the first “Wartime Nickels” began at the Philadelphia Mint on October 8, 1942. Earlier in the year nickels had been produced with their standard compositions. To identify the coins struck with the new composition, a large sized mint mark was placed on the reverse of the coins, above Monticello. The mintmarks “P”, “D”, or “S” were used for the Philadelphia, Denver, and San Francisco Mints. Notably, this was the first time that a mint mark had been used for coins produced in Philadelphia.
Silver Jefferson Nickels were produced through 1945, after which point the composition would revert to the previous standard. During the four years of production, the US Mint had struck more than 870 million of the 35% silver nickels. A complete set will include 11 coins, 1942 P-S, 1943 P-D-S, 1944-P-D-S, and 1945 P-D-S. The 1942-P Silver Jefferson Nickel was also struck in proof format with a mintage of 27,600 coins. All coins remain readily available even in uncirculated grades, although some issues are more difficult to find with full steps.
The highest mintage for the series, at more than 1.7 billion coins, occurred with the 1964-D nickel. Since the Jefferson Nickel used the same design for almost seven decades, and with the exception of silver war nickels contain no silver content, older date coins show up periodically in circulation. Silver War Nickel NGC MS67 1944-S Jefferson Nickel Super nice toning obverse and reverse. Another War Nickel with nice original luster just like it was made yesterday. Super eye appeal. Not quite a full steps strike but 2-3 of the steps are visable to the naked eye. Your price is only $78.00. Identifying US War Nickels: Many people believe that the Silver Nickels are just any Nickel minted between 1942 - 1945. This idea, while partly true, is mainly false. To properly identify a Silver Nickel, it must fall within those years and have the large mint mark above Monticello (as seen in the image to the right-top). The Silver War Nickel represents the standard US nickel issued by the nation for decades prior to World War II. These coins are known as Silver War Nickels because each one contains 35% silver content.
Your war nickels may look unappealing, but there is really no 'good way' to clean them. If they are just a vehicle for silver accumulation, it doesn't much matter what they look like, anyway. I've never heard of a war dime, but I don't know any B&M dealer who sells US90% under spot.
Nickels. The runner up coin to the copper penny or underdog fighter with quite a punch? Copper pennies mathematically are worth more than nickels in copper content compared to face value (from an investing point of view), but the nickel has a rather intriguing investment benefit the penny cannot do. The nickel is worth five cents. At first, you might simply shrug this fact off as an obvious one. But the real nature of the nickel is that it contains .7955 more grams of copper in each coin than a copper penny. For the math wizards out there:
Pennies | Nickels | |
Copper Penny
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| Nickel
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$1 of nickels means 20 coins. 20 coins X 3.75 grams copper per coin = 75 grams copper. 20 coins X 1.25 grams nickel per coin = 25 grams nickel.
Therefore, $1 of nickels, gives us a metal value of 75 grams copper and 25 grams nickel.
$1 of copper pennies means 100 coins. 100 coins X 2.9545 grams copper per coin = 295.45 grams copper.
100 coins X 0.1555 grams zinc per coin = 15.55 grams zinc.
Therefore, $1 of copper pennies, gives us a metal value of 295.45 grams copper and 15.55 grams zinc.
Here are the comparative results:
$1 nickels | $1 Copper Pennies |
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Silver War Nickels
Silver war nickels are only 35% silver. Yet it has one of the highest, if not the highest, return on value of silver content for face value. The figures as of late 2011 have this little silver coin from the 1940s valued at over a 3200% return on its face value (that’s a nice investment return). A 90% silver half dollar has a investing return of over 2000% as of late 2011. Even the 40% silver half dollar coin at the same time period has over an 850% return in value over its face value. In fact, this 40% silver half dollar coin has the lowest U.S. return on money for face value purchase out of any U.S. coin. 850% seems like a fairly good rate of return as a worst case scenario if you picked up a U.S. silver coin.
So what is the point? Where are we going with all of this? The 40% silver half dollar was (and is) worth less than the 90% silver half dollar. There was a point in time that the 90% silver coin surpassed its face value while, proportionally to today’s value ratios, the 40% silver coin had not. So why would anyone want the 40% silver coin if it hadn’t surpassed its value? Because if you had picked up this little number while no one else wanted it, you would have a great ability to capitalize in vast quantities early on, before prices rise. Most people don’t jump on investments until they’ve already skyrocketed or jumped in value (and thus price) and everyone is running after that investment. The key is to do your research and find the investment before everyone else, getting in early, and capitalizing on the entire profitability of an upwards trend. Nickels are just now breaching their face value due to their copper content. This means we are in a historical moment for the nickel. Is this the right time for you to pick up nickels?
Nickels Insurance
Nickels have a unique factor over the penny that if you ever wanted to cash out at face value of your investment, you’d receive five cents for every coin rather than one cent. Yes, this may seem obvious, but it is still an important factor to weigh in when making any investment decision. Buying nickels in bulk means you can cash out in bulk at your local bank. This is not an ideal scenario, but it is an option. And the more options you have, the better. In a sense, this is creating an insurance option for your investment since your nickel investment will always be worth at least five cents per nickel.
Nickels Price
You can buy nickels from your local bank branch. They come in $100 boxes, with nicely wrapped and stackable rolls. Maybe your bank charges. Maybe they don’t. Maybe they can order as much as you want. Perhaps they can’t. But the point is, the composition of the nickel has not changed and is 100% not needing to be sorted (unlike the penny which does need to be sorted). Is it worth the time, gas, etc to drive to the bank to pick up nickels yourself? We don’t think so. Rolls are a pain to break open. Plus you can’t verify what is in between the outter two coins. They may be easy to stack, but cashing out may be difficult if your buyer doesn’t want rolled coin.
War Nickels For Sale
That’s why you can buy nickels straight through our website and we delivery to your door through USPS. Or you can even buy bags of nickels from us and come arrange picking up to save on shipping cost. We can order as many bags of nickels as you want, which come in increments of $200 per bag. These nickel bags will come bank-sealed, circulated, and unsearched so you may find all sorts of rare nickels.
Why Buy Nickels
War Nickels
Copper pennies are worth a lot more than their face value. This happened some time ago, and now there is a premium involved in buying copper pennies. In addition, there is labor-intensive techniques and high-tech machinery needed to sort out the copper pennies from the zinc pennies (unless you are hand sorting pennies). If you are hand sorting pennies, we have the utmost respect for you as we love finding rare coin too and would be happy to help save you the time of picking up penny bags and nickel bags by sending to your door. That way you can spend the time searching instead of pesky bank lines and rush hour traffic. But back to the point, copper pennies cost more than nickels because, frankly, it’s a lot more work to get you copper pennies. Nickels are easier. No sorting is needed, just the time and money in acquiring the nickels. The cost is significantly cheaper. If a metal composition changes (as it widely predicted to occur in the near future), then copper nickels will no longer be easy to come by. After all, why do we say copper pennies and not just pennies? That’s because there are multiple metal content types for pennies. Nickels are called nickels because right now there is only one major metal content type for nickels. But that will change.
Let’s be straight forward that if a seller incurs more cost and time to produce a product, the product costs more. Therefore, the price would rise dramatically as a result of having to sort nickels after a metal composition change. And rising prices later on means buying now, while prices are low, will create a much greater return on your initial investment. Buy nickels while prices are low.