War Nickel (Silver) Value
1942–1945 · 5¢ · 35% silver, 56% copper, 9% manganese
Value by Grade
| Grade | Est. Value |
|---|---|
| Poor (P-1) | $2.00 |
| Good (G-4) | $2.50 |
| Fine (F-12) | $3.00 |
| Uncirculated (MS-63) | $12.00 |
| Gem (MS-65) | $36.00 |
| Perfect (MS-70) | $180.00 |
Key Dates & Rare Varieties
| Date/Variety | Why It's Special | Value Range |
|---|---|---|
| 1942-P | First War Nickel — first P mintmark in US history | $3–$30 |
| 1943-P | 3/2 overdate variety exists | $3–$25 |
| 1945-P | Doubled die reverses known | $3–$20 |
Coin Specifications
- Designer
- Felix Schlag
- Years
- 1942–1945
- Denomination
- 5¢
- Composition
- 35% silver, 56% copper, 9% manganese
- Diameter
- 21.2 mm
- Weight
- 5 g
Quick Value
Where to Buy/Sell
War Nickel (Silver): History & Background
During World War II, nickel was classified as a critical war material needed for armor plating. The US Mint changed the Jefferson Nickel's composition to 35% silver, 56% copper, and 9% manganese from mid-1942 through 1945. War Nickels are identifiable by the large mintmark (P, D, or S) above Monticello on the reverse — the first time Philadelphia used a 'P' mintmark in US Mint history.
How to Grade a War Nickel (Silver)
Accurate grading is the single most important factor in determining a coin's value. A difference of just a few grade points can mean 10× or more in value. Examine the highest points of the design first — these are where wear appears earliest. For the finest grades, luster, strike quality, and surface preservation all matter. Professional grading by PCGS or NGC adds certainty and typically increases resale value. Read our complete grading guide →