Silver Nickel Years

• Silver Nickel Years 1963
• 1964 Nickel Silver Content
• Value Of Nickels By Year

The last year that silver nickels were made was 1945. 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, which became critically necessary for other purposes during World War II. 25 Most Valuable Nickels (Updated 2021) The CoinTrackers.com crew has compiled an awesome list we've dubbed 25 Most Valuable Nickels, and the page details the most valuable nickels minted in the United States from the late 1800's to the early 2000's. This nickel was used during wartime, from the years 1942-1945. During this time, the Jefferson Nickel was minted with silver in order to preserve nickel for the war effort. Mint began production of the Jefferson Nickel, the coin was produced at three separate facilities: Philadelphia, Denver and San Francisco.

Nickels minted in the United States between 1942 and 1945 are made of 35% silver. These are commonly known as 'silver war nickels.'

Normally all other nickels are composed of 75% copper and 25% nickel. Due to the pressing need for industrial metals like nickel during World War II, five-cent coins were actually made from 35% pure silver during the duration of the war. The rest of the alloy was made up of copper (56%) and manganese (9%).

Interestingly, using this alloy meant that vending machines and coin-operated devices would still recognize and accept the silver nickels.

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How to Identify Silver War Nickels

At first glance, these silver nickels are difficult to distinguish from their copper-nickel counterparts. They look like any other old nickel to most of us. You'll see the same portrait of Thomas Jefferson on the obverse. Even the color is virtually identical.

Pile of war nickels

There are a few key visual differences you can keep an eye out for, however.

The easiest way to check for a silver war nickel is the year-date on the coin. 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 letter will either be a P, D, or an S prominently placed above Monticello

How to Tell If Your Coins Are Silver

Silver war nickels aren’t the only valuable coins you might find in your spare change. There are, in fact, several other silver coins you could potentially come across—and they’re actually 90% pure silver.

Chief among these are silver dimes. They generally come in three different varieties:

• Barber dimes (1892-1916)
• Mercury dimes (1916-1945)
• Roosevelt dimes (1946-1964)

Because of their relatively small size, quite a few of these dimes have survived in circulation. Less often you can still find 90% silver quarters, as well.

Coin dealers usually sell bank rolls or large bags of this “junk silver” grouped together by face value. Common increments are $100 or $1,000 face value.

This works because the amount of fine silver (by weight) in each coin denomination was roughly proportional to their face value.

In other words,

Silver Nickel Years 1963

• a silver dime (10¢ face value) contains approximately 1/5th as much silver as a silver half dollar (50¢ face value);
• a silver quarter (25¢ face value) contains approximately 1/4th as much silver as a silver dollar (100¢ face value);
• and so on.

What Other Coins Are Silver?

1964 Nickel Silver Content

Even in the United States, you may occasionally come across foreign silver coins in circulation. The most common are 80% silver coins from Canada.

Value Of Nickels By Year

Canadian 80% silver coins (quarters, half dollars, and dollars) were minted between 1920 and 1967. Prior to 1920, the 92.5% pure (.925 fine) sterling silver standard for British coins was used.

Some commemorative coins and proof sets issued by the U.S. Mint are still composed of 90% silver today in limited quantities.

The key thing to know:All U.S. dimes, quarters, and half dollars minted in 1964 or earlier are composed of 90% silver. Keep this fact in mind any time you decide to buy silver.

There are very specific dates for the Kennedy half dollar and Eisenhower dollar that are also made of 40% silver. Check the infographic below for more details!

The Jefferson Nickel has been produced each year from 1938 to present. Coins were struck for circulation at the Philadelphia, Denver, and San Francisco Mints and mintages have varied widely. In total, more than 50 billion Jefferson Nickels have been produced.

The lowest mintage circulating coin is the 1950-D Jefferson Nickel, which is generally considered to be the key date issue at only 2,630,030 pieces. The recently issued 2009 Jefferson Nickels have also generated attention since the mintage levels represent an incredible drop from contemporary levels, which are typically in the hundreds of millions.

The highest mintage for the series, at more than 1.7 billion coins, occurred with the 1964-D nickel.

Since the Jefferson Nickel used the same design for almost seven decades, and with the exception of silver war nickels contain no silver content, older date coins show up periodically in circulation. Beginning collectors will often focus on searching bank rolls as an affordable and fun way to start assembling a collection of older coins.

Although no significant rarities exist for the series on the basis of mintage, there are many notable conditional rarities for the series, particularly for those pursuing collections of Full Steps Jefferson Nickels.

Jefferson Nickel Mintages