Silver nickel worth

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We earn money through advertising and by participating in various affiliate marketing programs. That means we may get paid a small commissions on products purchased through our links to retailer sites. This silver coin contains 1. Silver war nickels have begun to attract attention from collectors and investors of all kinds. War nickels were minted during WWII from mid through

Silver nickel worth

JavaScript seems to be disabled in your browser. For the best experience on our site, be sure to turn on Javascript in your browser. When President George Washington spoke to the House of Representatives in , he reinforced the country's need for small coinage in circulation and commended the creation of a national mint. Among the first silver coins officially struck in the country were the half dimes, the first coin with a face value of five cents a piece in US dollars. In the s, due to the inflation of silver prices, lobbying for the use of nickel in coinage grew strong, and the half dimes were replaced by the nickel, a new 5-cent coin made with a copper-nickel alloy, and the use of silver was discontinued for that denomination, and it wouldn't be for almost another century for its return under a very specific circumstance. In , the United States started providing military supplies and indirectly assisting the Allies in their efforts against the Axis powers, but it was only in January of that American troops officially joined the battle in World War II. With the war raging, demand for nickel increased for producing tank armor plates, anti-aircraft guns and ordnance, and for crafting portable bridges. The alloy could be altered for practical reasons, the main one being the concern that the new coins didn't get rejected by vending machines. In , the Jefferson design replaced the Buffalo Nickel design on the five-cent coin that had been in mintage for 25 years, which wasn't very popular then. So the US Mint quickly changed it once they were allowed to do so. In anticipation of Thomas Jefferson's bicentennial, the Mint held a competition to decide on a design that could honor the Founding Father and 3rd President of the United States. The winner was Felix Schlag, a German-born American sculptor.

Meanwhile, many Brilliant Uncirculated examples have a lighter, whiter appearance than their nickel-based counterparts, mainly due to the significant amount of silver in the alloy.

Joshua McMorrow-Hernandez. The United States government was in a bind to save materials for the war effort. So it decided to pull the nickel content out of the five-cent coin to allocate the metal for war artillery. As the wartime nickels of through contain silver , a valuable precious metal, they are worth more than face value—much more! But how much is a silver nickel worth today? Keep in mind, the value of silver fluctuates all the time. This means the precise base value of a circulated, business-strike silver nickel absent any unusual varieties varies from moment to moment.

Coins Guide. This post may contain affiliate links. If you buy thru these links, we may earn a commission at no additional cost to you. Your chances of finding valuable nickels in everyday pocket change are pretty good — much like your odds of finding valuable pennies. Following are all of the U. Of all the denominations in circulation , nickels provide you with the best chances of finding old and valuable coins in your pocket change. The Jefferson nickel has been in circulation since , and it remained mostly unchanged until Unlike Lincoln wheat pennies which almost everyone knows about and saves from circulation , there are many old Jefferson nickels made in the s, s, and s that are still in circulation simply because they look much like the newer Jefferson nickels.

Silver nickel worth

First minted in ; the early years of the Jefferson nickel series are drawing a premium value. Many date and mintmark combination are worth 25 cents or more depending on condition. Follow the steps below; images and descriptions identify how much your coin is worth. Jefferson Nickels are gaining in popularity as the series continues. A stunning "Mint State" piece, such as the one pictured above, is the type of coin eagerly sought by collectors.

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Most changes to our nation's coinage aren't done on a whim. Soon after the MacVeagh letter, Andrew announced that the Mint would solicit new designs for the nickel. At the time, statutory restrictions permitted production of cents and nickels only at Philadelphia; Roberts' request that Congress allow striking at the other mints was granted in The Jefferson nickel reverse, as struck from to , features Monticello , Jefferson's home. I feel that low-end Buffaloes are valued too high, but on the other hand, I think that the highest-grade Buffaloes are a good investment. Toggle limited content width. Silver Gold Bull 4. More Than You'd Expect! The Liberty Head nickel was heavily struck during its year run, except during economic downturns in — and in , when only small numbers were struck. Lost your password? In and , the composition was switched to chrome-plated steel. February 05,

While some coin series have many factors that make it difficult to determine the precious metal content, it is easy to identify silver nickels by knowing a few key markers to look for.

Beginning in , the silver five-cent piece was again struck; beginning in , its fineness was increased from. APMEX 3. There is nothing worse than counting on your collection being worth a certain amount of money and then getting a rude awakening when you sell it, all because you consulted the wrong type of coin value guide when you made your appraisal. Related Junk Silver Coins. Monster Boxes. Other Metals. Add To My Collection. Good economic conditions and high demand for nickels for use in coin-operated devices caused the piece to circulate throughout the nation by Hobbies Coin Collecting U. Meanwhile, in an attempt to avoid losing large quantities of circulating nickels to melting, the United States Mint introduced new interim rules on December 14, , that criminalized the melting and export of pennies which as of cost 1. Below is a breakdown of values for silver Jefferson nickels by date, grade, and variety.