1942 Jefferson Nickel

1942 Jefferson Nickel
1942 Jefferson Nickel Value

Coin Info

Melt Value
$1.00
Country
United States
Type
Silver Coin
Metal Content
0.05625 t oz
Face Value
$0.05 USD
Mintage
90,800,600
Issuing Mint
U.S. Mint
Year Issued
1942

With the United States getting directly involved in World War II during 1941, there was an immediate need to ration materials that were required for a successful effort in the war. One of the many essential materials that were needed during the early 1940s for the war was nickel, which was required for making artillery. Consequently, the U.S. government decided that nickel should be removed from the five-cent coin and saved for manufacturing nickel-steel armor for tanks, warships, and other vital war implements.

While 1942 began with the United States minting five-cent coins with the typical 25% nickel, 75% copper composition, a change was made late in the year to help ration nickel. This resulted in a new metal mixture, often referred to as the “wartime nickel” alloy. It is 56% copper, 35% silver, and 9% manganese.

There were around 90 million silver 1942 Jefferson five-cent coins made, including: 

  • 1942-P, 57,873,000 minted; $3

  • 1942-P proof, 27,600; $300

  • 1942-S, 32,900,000; $3

 *Values are for coins in Very Fine-20 grade, unless otherwise noted.

It’s easy to tell a “wartime” nickel from a regular one, because the 35% silver nickels have a large “P,” “D,” or “S” mintmark over the dome of Monticello on the reverse. In fact, the 1942 Jefferson nickel minted in Philadelphia was the first United States coin to ever bear a “P” mintmark.

Incidentally, 1942 was the last year that proof coins would be made in the United States until 1950, with minting efforts focused on making business-strike coins and producing medals for returning soldiers.

Other Years From This Coin Series



1942 Jefferson Nickel Past Sales & Prices

1942-P Proof Jefferson Silver Wartime Nickel 5c Coin ANACS PF-66 Lightly Toned
Sale Price: $182.95
Date Sold: March 30, 2016
1942-P Proof Jefferson Silver Wartime Nickel 5c Coin ANACS PF-66 Lightly Toned
1942-P TYPE 2 JEFFERSON NICKEL PR66 PCGS CAC
Sale Price: $157.60
Date Sold: March 30, 2016
1942-P TYPE 2 JEFFERSON NICKEL PR66 PCGS CAC
1942-P Jefferson Nickel Proof Type 2 PCGS PR65
Sale Price: $120.00
Date Sold: March 30, 2016
1942-P Jefferson Nickel Proof Type 2 PCGS PR65
1942 P JEFFERSON NICKEL PCGS CERTIFIED MS 66 FS FULL STEPS TYPE 2 (045)
Sale Price: $114.99
Date Sold: March 30, 2016
1942 P JEFFERSON NICKEL PCGS CERTIFIED MS 66 FS FULL STEPS TYPE 2 (045)
1942-P Type 2 Silver Jefferson Wartime Nickel 5C Proof PF 65 PCGS
Sale Price: $110.00
Date Sold: March 30, 2016
1942-P Type 2 Silver Jefferson Wartime Nickel 5C Proof PF 65 PCGS
1942-P PCGS PROOF 66 Type 1 Jefferson Nickel!! #EJ
Sale Price: $93.00
Date Sold: March 30, 2016
1942-P PCGS PROOF 66 Type 1 Jefferson Nickel!! #EJ
1942 P JEFFERSON NICKEL PCGS CERTIFIED MS 66 TYPE 2 (905)
Sale Price: $24.99
Date Sold: March 30, 2016
1942 P JEFFERSON NICKEL PCGS CERTIFIED MS 66 TYPE 2 (905)
1942-P Jefferson Nickel Type 2 PCGS MS66FS
Sale Price: $140.00
Date Sold: November 13, 2015
1942-P Jefferson Nickel Type 2 PCGS MS66FS
1942 P Silver Jefferson Nickel PCGS PR66 Type 2
Sale Price: $106.16
Date Sold: November 13, 2015
1942 P Silver Jefferson Nickel PCGS PR66 Type 2
1942 Jefferson Nickel PCGS PR65 Type 1
Sale Price: $48.00
Date Sold: November 13, 2015
1942 Jefferson Nickel PCGS PR65 Type 1
1942-P T-2 JEFFERSON NICKEL - PCGS SLABBED MS66
Sale Price: $19.16
Date Sold: November 13, 2015
1942-P T-2 JEFFERSON NICKEL - PCGS SLABBED MS66
1942-S JEFFERSON NICKEL - PCGS SLABBED MS66
Sale Price: $19.10
Date Sold: November 13, 2015
1942-S JEFFERSON NICKEL - PCGS SLABBED MS66
1942-S JEFFERSON NICKEL - PCGS SLABBED MS65
Sale Price: $12.50
Date Sold: November 13, 2015
1942-S JEFFERSON NICKEL - PCGS SLABBED MS65
1942-P T-2 JEFFERSON NICKEL - PCGS SLABBED MS65
Sale Price: $11.50
Date Sold: November 13, 2015
1942-P T-2 JEFFERSON NICKEL - PCGS SLABBED MS65
Gem Proof 1942 Type 2 -- Silver/War Nickel -- NGC PF 66
Sale Price: $99.00
Date Sold: October 01, 2015
Gem Proof 1942 Type 2 -- Silver/War Nickel -- NGC PF 66

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