Is a nickel from 1942 worth anything?

Is a nickel from 1942 worth anything?

The 1942 nickel with no mint mark is worth around $0.30 in very fine condition. In extremely fine condition the value is around $0.45. In uncirculated condition the price is around $4 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $15.

What years of nickels should I keep?

These are the 3 types of nickels you should be saving: Liberty Head nickels – they’re worth $2 and up. Jefferson nickels made before 1960 – old Jefferson nickels made in the 1930s, 1940s, and 1950s have a value of 10 cents or more except for the ones listed below.

What nickels are worth keeping?

The Top 10 Most Valuable Nickels

Type Year Estimated Value
1. Liberty Head V Nickel 1913 $3,737,500
2. 7-D Buffalo Nickel 1918 $350,750
3. S Buffalo Nickel 1926 $322,000
4. Buffalo Nickel 1916 $281,750

Should you hoard nickels?

While people are looking for older pennies, the relatively high copper content of current nickels might make them well worth hoarding right now, as long as you think that there is a chance that the nickel could be abolished at some point in the future as well.

Is a 1942 nickel a war nickel?

The 1942 edition was the first of what were referred to as “War nickels” and contain 35 percent silver. For a coin collector, a Jefferson Nickel may only be worth obtaining if it is in excellent condition.

Is a 1942 nickel made of silver?

Nickels minted in the United States between 1942 and 1945 are made of 35% silver. These are commonly known as “silver war nickels.” Normally all other nickels are composed of 75% copper and 25% nickel.

What year nickels are worth more than face value?

Jefferson Nickels made between 1942 in 1945, are also called War Nickels and consisted of 35% silver. This means they are worth more than face value and most of them have been removed from circulation. An easy way to identify these more valuable coins is to look on the reverse.

What was the nickel made out of in 1942?

In 1942, Nickel was needed for wartime efforts. Congress approved a 50% copper and up to 50% silver production of the Jefferson nickel. To make the coins suitable for vending machines, it was decided that they would be made up of 56% Copper, 35% Silver and 9% Manganese.

When did the wartime Jefferson nickel come out?

The Wartime Nickel was produced from 1942 to 1945 and has a 35% Silver Content. This particular coin has the S Mint Mark on the back just above the Monticello. The Jefferson nickel replaced the Buffalo nickel in 1938. It’s been the coin valued at five cents ever since.

Why was nickel so important in World War 2?

With the United States getting directly involved in World War II during 1941, there was an immediate need to ration materials that were required for a successful effort in the war. One of the many essential materials that were needed during the early 1940s for the war was nickel, which was required for making artillery.

Are there any post 1945 nickels in circulation?

Really, only the copper-nickel clad Jefferson nickels dated before 1942 are valued by collectors. Most post-1945 nickels are fairly common in circulation. — Joshua (…who clearly knows a lot more about coins than I do!)

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