10 Rare Nickels From the 1940s Worth Up to $100,000 – Are They Hiding in Your Change?

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By: Anushka

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Nickels minted in the 1940s hold a unique place in numismatic history. This era, shaped by World War II and post-war recovery, brought changes to the design and composition of U.S. coins, making some highly sought after by collectors. Let’s cut into the top nickels from this period, with some fetching values as high as $100,000.

1942-P War Nickel

The 1942-P War Nickel is iconic for its 35% silver composition, introduced to conserve nickel for military purposes. This shift in material was revolutionary, and the coin’s distinct “P” mintmark above Monticello added to its allure. Pristine examples are highly collectible and can be worth up to $100,000 in exceptional grades.

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1943-S War Nickel

Another treasure from this era is the 1943-S War Nickel, also featuring the 35% silver composition. Its “S” mintmark signifies its origin from the San Francisco Mint. High-grade coins are particularly desirable, often commanding top dollar due to their rarity and historical significance.

1944-D War Nickel

The 1944-D War Nickel is valued for its relatively low mintage and the distinctive “D” mintmark from the Denver Mint. Collectors prize well-preserved or error specimens of this coin, which can reach $100,000 in uncirculated conditions.

1945-P War Nickel

Marking the end of the wartime nickel series, the 1945-P War Nickel holds special historical value. Its unique silver content and the “P” mintmark above Monticello make it a fascinating piece for any collection. Rare high-grade versions are extremely valuable.

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1946 No Mintmark Jefferson Nickel

The 1946 No Mintmark Jefferson Nickel signaled the return to pre-war nickel composition. Produced in Philadelphia without a mintmark, this coin has become a gem for collectors. High-grade specimens can fetch significant sums, reflecting their rarity and condition.

1947-S Jefferson Nickel

With its small mintage, the 1947-S Jefferson Nickel is a noteworthy addition to any collection. Originating from the San Francisco Mint, its scarcity and regional appeal make it a highly desirable coin, especially in uncirculated grades.

1949-D Jefferson Nickel

The 1949-D Jefferson Nickel is another standout, known for its low production numbers. The “D” mintmark designates its origin from the Denver Mint. This coin is especially challenging to find in near-perfect condition, further enhancing its value for numismatists.

Coin NameYear MintedMintmarkEstimated Value ($)
1942-P War Nickel1942P100,000
1943-S War Nickel1943S100,000
1944-D War Nickel1944D100,000
1945-P War Nickel1945P100,000
1946 No Mintmark Jefferson1946None100,000
1947-S Jefferson Nickel1947S100,000
1949-D Jefferson Nickel1949D100,000

These valuable nickels not only represent a pivotal period in American history but also serve as reminders of how everyday objects can become rare treasures. Whether you’re an experienced collector or just starting, searching your collection for these hidden gems could lead to a rewarding discovery.

FAQs

Why is the 1942-P War Nickel valuable?

Its 35% silver composition and unique mintmark add to its rarity.

What makes the 1943-S War Nickel special?

Its silver composition and low mintage make it highly sought after.

What defines the 1946 No Mintmark Nickel?

It marks the return to regular nickel composition after the war.

Why are high-grade nickels so valuable?

Pristine condition coins are rare and greatly increase in value.

Where is the mintmark on War Nickels?

Above Monticello on the reverse side.

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