1944 Jefferson Nickel
The 1944 Nickel, also known as a war nickel, was minted during World War II and contains 35% silver to conserve nickel for the war effort. It features a large mintmark (P, D, or S) above Monticello on the reverse, distinguishing it from regular nickels. The 1944 war nickels are valued higher due to their silver content, with circulated examples typically worth more than face value. These coins are sought after by collectors for their historical significance and silver content.
The 1944 Jefferson Nickel had a larger mintage of over 119 million coins struck at the Philadelphia Mint. While this was a larger mintage, it was much smaller than the 271 million coins struck at this location the previous year. The 1944 Jefferson Nickel was part of the wartime “silver” nickels. The military needed nickel for ammunition, so the composition shift of coins between 1942 and 1945 was copper, silver, and manganese. These wartime nickels featured the enlarged mint marks on the reverse of the coins above the dome of the Monticello. This Philadelphia minted coin even had the “P” mint mark, with these coins being the first to display the P on any American coin. The large mint mark makes the wartime coins easy to distinguish from the non silver versions.
AUCTION RECORD: $7,475 • MS60
Image source: PCGS
History of the 1944 Thomas Jefferson Nickel
The 1944 Thomas Jefferson Nickel is a unique part of history. They aren’t really found in circulation anymore due to the high value of the silver in them, and the demand from collectors. This special coin was designed by Felix Schlag originally, after winning a design competition for the coin. The obverse shows a left-facing profile of Thomas Jefferson while the reverse depicts his Monticello home. The coins are readily available in most Mint State grades between about MS60 and MS66, selling for around $25, but become much more scarce in Mint State 67.
1944 Nickel Value
As of 2024, the value of a 1944 Nickel, which is a silver war nickel containing 35% silver, generally ranges from $1.50 to $5 in circulated condition. Uncirculated examples can be worth $10 to $25 or more. The coin's value depends on its condition, the mintmark (P, D, or S), and its silver content. Collectors seek these coins for their historical significance and precious metal content.
The 1944 Jefferson Nickel value ranges from around $7,400 to $9,400 for the highest Mint State and Full Step grades of the coin. This is a higher cost than some of the others in the series, but well worth the effort to find for those serious collectors. It’s possible to build a very affordable Jefferson Nickel collection by seeking out lower Mint State coins. This unique coin would make an attractive addition to the Jefferson Nickel series.
Type of coin: Nickel
Year: 1944 Jefferson Nickel
Jefferson Nickel Mint Mark: Philadelphia
Total mintage: 119,150,000
Metal content: 56% Copper, 35% Silver, 9% Manganese
Face value: 5 Cents
Weight: 5.00 grams
Edge: Plain
Designer: Felix Schlag
Diameter: 21.20 millimeters
FAQ
How much is a 1944 Nickel worth?
A 1944 Nickel, also known as a silver war nickel, is typically worth $1.50 to $5 in circulated condition due to its 35% silver content. Uncirculated examples can range from $10 to $25 or more, depending on the coin's condition.
What is the value of a 1944 P Nickel?
A 1944 P Nickel, minted in Philadelphia, usually has a value between $1.50 and $5 in circulated condition. Uncirculated examples can be worth $10 to $25 or higher, depending on the coin's quality.
What makes a 1944 Nickel valuable?
The 1944 Nickel is valuable primarily due to its 35% silver content, which is higher than regular nickels. The coin's value increases with its condition, and uncirculated or error coins can command higher prices.
How much silver is in a 1944 Nickel?
A 1944 Nickel contains 35% silver, with the remainder being 56% copper and 9% manganese. This silver content contributes to its higher value compared to standard nickels.
Where is the mintmark on a 1944 Nickel?
The mintmark on a 1944 Nickel is located above Monticello on the reverse side of the coin. The letters "P" (Philadelphia), "D" (Denver), or "S" (San Francisco) indicate the mint location.
Are 1944 Nickels rare?
1944 Nickels are not considered extremely rare, but they are valued higher than standard nickels due to their silver content. Coins in uncirculated condition or those with mint errors can be more valuable.
How do I determine the value of my 1944 Nickel?
To determine the value of your 1944 Nickel, assess its condition (circulated vs. uncirculated), check the mintmark (P, D, or S), and look for any mint errors. Coins in better condition or with rare features generally have higher value.
How much is a 1944 D Nickel worth?
A 1944 D Nickel, minted in Denver, is typically worth $1.50 to $5 in circulated condition. In uncirculated condition, it can range from $10 to $25 or more, depending on its grade and appeal.
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