For a variety of silver coins, try the 20,000 war nickels respectively. U.S. silver nickels were withdrawn from circulation in the mid-1960s when the silver content of coins exceeded their face value, but once in a while they are still found in change. The standard weight of a U.S. nickel is 5 grams. issue nickels minted from 1942-1945. Congress authorized the order on October 8, 1942. If you your war nickels have been worn from circulation, they will not include of as much silver. To make it easy to spot the silver war nickels from other nickels, a large “P” mintmark was added on the reverse side of the coins above the dome of Monticello, Jefferson’s famous estate in Virginia. Use the text box on the right to enter a number representing the Notes concerning face value and weights of 90% junk silver (does not apply to war nickels, 40% halves or dollars): $1 face value = 0.715 troy ounces silver; $1 face value = 0.8 troy ounces silver and copper (total coin weight) $1.25 face value = 1 troy ounce silver and copper (total coin weight) $1.40 face value = 1 troy oz silver Eventually, it was discovered that adding some manganese to the alloy would create the necessary magnetism, which is what led to the particular nickel composition of 56% copper, 35% silver, and 9% manganese. Of course, as with all coins, uncirculated and proof examples are worth more. Here’s an example of how much Jefferson wartime silver nickels based on today’s silver prices: Did you notice that there are more than 11 coins listed in the values above? When the Jefferson silver nickels were new (uncirculated), their complex metal composition roughly simulated the silvery-grey appearance of "regular" Jefferson nickels. canvas bags. You can also use decimal values for partial bags. For those who care less about purity and focus only on the cost per ounce of the silver they buy, these silver war nickels are hard to beat. How many junk silver quarters make an ounce? One troy ounce is 31.1 grams. What is the rising action of faith love and dr lazaro? Silver Spot Price Last Updated on Server: The applications on this website require the use of JavaScript in order to function. An article by Mark Benvenuto published in The Numismatist magazine in 2000 explained that the change in nickel alloy may have saved as much as 827,163 pounds of nickel but that the amount was actually insignificant since 300 million pounds of nickel were produced annually during World War II. U.S. Nickel Melt Value Calculator or the Washington Quarter: Key Dates & Varieties. Joshua McMorrow-Hernandez is a journalist, editor, and blogger who has won multiple awards from the Numismatic Literary Guild. face value of your war nickels, or by the total weight of your U.S. wartime nickel collection. Who is the longest reigning WWE Champion of all time? I primarily collect and study U.S. coins produced during the 20th century. Here’s more about those silver Jefferson wartime nickels. The silver Jefferson five-cent coin composition went into production on October 8, 1942 — just months before the metallic profile of Lincoln pennies changed to steel in 1943 to help ration copper for war ammunitions. “P” refers to the Philadelphia mint: Another important issue to note about silver nickels and their mintmarks is the physical size of the mintmark: As the value of silver has risen over the past several decades, so has the demand for, interest in, and value of wartime nickels. U.S. Silver Coin Melt Value Calculator. For the base metal value of non-silver nickels, use the Save my name, email, and website in this browser for the next time I comment. drop-down menu located underneath the prices. I'm a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. But it wasn’t easy. I've contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek.

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