When did nickels have silver in them
One example of such repurposing was the diversion of the nickel that would have gone into the newly minted nickels of late 1942-45 from the Treasury to the 18 Nov 2014 Nickels were wartime nickels with the "S" mintmark above the dome of Monticello (and had a composition of copper/silver/manganese). 11 Jan 2010 I have a large number of rolls of 35% silver WWII nickels. Can you refine them into a 100 oz silver bar for me? Silver “war” nickels were produced by the United States from mid-1942 through 1945 and are in fact 35% silver Response last updated by gtho4 on Nov 13 2016. Sep 03 06, 5:07 PM. ItalianBabe2. Answer has 2 votes. ItalianBabe2 14 year member 35 replies. Answer has Beginning in the middle of 1942 and through the end of the Great War, these 5 cent unique silver Wartime Nickels are coins struck in alloy of 35% silver, 56%
In addition, people had begun hoarding silver coins as silver prices increased and especially after 1965, when silver coins were no longer made but could still
Silver alloy nickels began production in October 1942. These so-called "war nickels" were minted in an effort to reduce the Mint's use of nickel, The last year that silver nickels were made was 1945. On March 27, 1942, Congress authorized a nickel made of 50% copper and 50% silver, but gave the Mint the authority to vary the proportions, or add other metals, in the public interest. The Mint's greatest concern was in finding an alloy that would use no nickel, but still satisfy counterfeit detectors in vending machines. EXCEPT for the War Nickels 1942-1945 with the large mintmark above Monticello (including a 'P' for Philly) which have silver in them and are worth well above face. You should look for earlier-date nickels with mintmarks and key dates (e.g., 1950-D) and the very early Jeffersons. The rest of them don't command much of a premium if any. However, there are a few specimens that are worth a little more. Jefferson Nickels made between 1942 in 1945, are also called War Nickels and consisted of 35% silver. This means they are worth more than face value and most of them have been removed from circulation. An easy way to identify these more valuable coins is to look on the reverse.
The nickels with silver are from 1942-1945, all of the 1943-1945 have silver, some of the 1942 have silver and some do not. The ones with the large mintmark over the dome on the reverse have silver. Dimes 1964 and before. Quarters 1964 and before. Halves 1965-1970 40%, 1964 and before 90%. Silver dollars 1935 and before.
Also, not all 1942 nickels are silver. BU coins have premium over junk status. So what should you do if you have silver coins dated before 1965? Take a look at them and inventory them according to the chart above. Once done, I can provide you with a quote to determine their worth. From there it is up to you. 1964 was the last year for silver quarters. Quarters dated 1965 or later are all copper-nickel clad coins except for the dual-dated Bicentennial Quarters that were sold by the Mint in special Mint Sets and Proof Sets. These quarters contain 40% fine silver and have an “S” mint mark. Dimes, Quarters, half dollars, and dollar coins before 1964 are 90% silver. Also half dollars from 1965-1969 have 40% silver in them. Silver nickels were minted during 1942-1945 and the nickels are only 35% silver. Any other nickels other than those dates aren't silver. Source(s): Have about 5 years experience.
EXCEPT for the War Nickels 1942-1945 with the large mintmark above Monticello (including a 'P' for Philly) which have silver in them and are worth well above face. You should look for earlier-date nickels with mintmarks and key dates (e.g., 1950-D) and the very early Jeffersons. The rest of them don't command much of a premium if any.
On March 27, 1942, Congress authorized a nickel made of 50% copper and 50% silver, but gave the Mint the authority to vary the proportions, or add other metals, in the public interest. The Mint's greatest concern was in finding an alloy that would use no nickel, but still satisfy counterfeit detectors in vending machines.
On March 27, 1942, Congress authorized a nickel made of 50% copper and 50% silver, but gave the Mint the authority to vary the proportions, or add other metals, in the public interest. The Mint's greatest concern was in finding an alloy that would use no nickel, but still satisfy counterfeit detectors in vending machines.
(An aside: Some 1942 to 1945 five cent coins were made with 35% silver, because nickel was badly-needed for wartime industrial use. Those “War Nickels” have long since been culled from circulation, by collectors.)
Few nickels had circulated in the western states before the 1880s (people there preferred silver and gold coins); interest in the new Liberty Head design had led to increasing use of nickels there. Good economic conditions and high demand for nickels for use in coin-operated devices caused the piece to circulate throughout the nation by 1900. All nickels produced from 1942 to 1945 use the 35% silver composition. On the reverse (tails) side of the coin, you'll still find the familiar building known as Monticello, Jefferson's famous estate that he supposedly designed himself. However, only the silver war nickels will place the mintmark on this side of the coin. The nickels with silver are from 1942-1945, all of the 1943-1945 have silver, some of the 1942 have silver and some do not. The ones with the large mintmark over the dome on the reverse have silver. Dimes 1964 and before. Quarters 1964 and before. Halves 1965-1970 40%, 1964 and before 90%. Silver dollars 1935 and before. In 1832, a form of German silver was also developed in Birmingham, England. After the modern process for the production of electroplated nickel silver was patented by the Elkington brothers in Sheffield in 1840, the development of electroplating caused nickel silver to become widely used. (An aside: Some 1942 to 1945 five cent coins were made with 35% silver, because nickel was badly-needed for wartime industrial use. Those “War Nickels” have long since been culled from circulation, by collectors.)