1943 Jefferson Nickel
The 1943 Nickel, also known as a war nickel, is a special edition of the Jefferson Nickel minted during World War II. It contains 35% silver, along with copper and manganese, to conserve nickel for the war effort. These silver war nickels can be identified by a large mintmark (P, D, or S) above Monticello on the reverse. The value of a 1943 Nickel is typically higher than standard nickels due to its silver content, making it popular among collectors.
The 1943 Jefferson Nickel had a total mintage of over 271 million coins struck. This was a massive mintage during a wartime, or anytime, especially compared to the previous year that only had a little under 50 million coins struck. Due to its large mintage, it is one of the most common war time nickels and has many available even in Mint State 66. There are a couple of different versions of the 1943 Jefferson Nickel available, with one being the 1943/2 overdate and a double die obverse. It’s possible to find a fully struck Full Step version all the way up to FS68, and Mint State varieties appear to be most common around MS64.
AUCTION RECORD: $9,400 • MS64
Image source: PCGS
History of the 1943 Jefferson Nickel
As so many of these coins are available due to its massive mintage, cherrypicking is possible and highly advised. There are many varieties and strike qualities with the 1943 Jefferson Nickel so it is worth the effort to spend some time on the hunt looking for your ideal coin. The Jefferson Nickel design came about from a coin design, which designer Felix Schlag won. His original designs featured the profile of Thomas Jefferson on the obverse and his Monticello home on the reverse. The large “P” mint mark was still struck on the top of the dome of the Monticello on these coins, which is the second year that a P mint mark appeared on a U.S. coin.
1943 Nickel Value
As of 2024, the value of a 1943 war nickel, which contains 35% silver, typically ranges from $1.25 to $5 in circulated condition due to its silver content. Uncirculated 1943 nickels can be worth $10 to $20 or more. Factors such as the coin’s mintmark (P, D, or S), condition, and presence of any rare mint errors can further influence its value.
The 1943 “Silver” Jefferson War Nickel value ranges from around $9,400 to upwards of almost $15,000 for the highest grades of the coin in Full Step and Mint State versions. There is a huge population of the 1943 Jefferson Nickel in existence making it an ideal coin for collectors of all types to find exactly what they’re looking for in a price range that can meet their demands and budgets. This coin would make an excellent addition to any Jefferson Nickel series collection.
Type of coin: Nickel
Year: 1943 Jefferson Nickel
Jefferson Nickel Mint Mark: Philadelphia
Total mintage: 271,165,000
Metal content: 75% Copper, 25% Nickel
Face value: 5 Cents
Weight: 5.00 grams
Edge: Plain
Designer: Felix Schlag
Diameter: 21.20 millimeters
FAQ
How much is a 1943 Nickel worth?
A 1943 Nickel, also known as a silver war nickel, is typically worth $1.25 to $5 in circulated condition. Uncirculated examples can be worth $10 to $20 or more, depending on the coin’s quality and mintmark.
What is the value of a 1943 P Nickel?
A 1943 P Nickel, minted in Philadelphia, is usually valued between $1.25 and $5 in circulated condition. In uncirculated condition, it can be worth $10 to $20 or higher, depending on its grade.
What makes a 1943 Nickel valuable?
The 1943 Nickel is valuable because it contains 35% silver, unlike regular nickels. Higher value is also associated with coins in better condition, those with mint errors, or uncirculated examples. The large mintmark above Monticello (P, D, or S) is also a distinguishing factor.
How much silver is in a 1943 Nickel?
A 1943 Nickel contains 35% silver, which adds to its intrinsic value. The remaining composition includes 56% copper and 9% manganese.
Where is the mintmark on a 1943 Nickel?
The mintmark on a 1943 war nickel is located above the Monticello building on the reverse side. The letters "P" (Philadelphia), "D" (Denver), or "S" (San Francisco) indicate the mint location.
Are 1943 Nickels rare?
While 1943 Nickels are not extremely rare, they are more valuable than standard nickels due to their silver content. However, certain coins in uncirculated condition or with mint errors can be considered rare and more valuable.
How do I determine the value of my 1943 Nickel?
To determine the value of your 1943 Nickel, check its condition, mintmark (P, D, or S), and whether it has any mint errors. Coins in uncirculated or near-mint condition typically have higher value, and those with errors can command premium prices.
How much is a 1943 D Nickel worth?
A 1943 D Nickel (minted in Denver) is generally worth $1.50 to $6 in circulated condition. Uncirculated examples can range from $10 to $25 or more, depending on the coin’s grade.
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