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35% silver · 1942–1945

Jefferson war nickel melt value

For three years the five cent piece contained silver. Nickel was needed for the war, so from late 1942 to 1945 the Jefferson nickel was struck in a 35% silver alloy instead.

Melt value, one coin

0.0563 ozt silver · 35% silver

0.0563 ozt silver5 g at 35%

Silver content
0.0563 ozt
Struck weight
5 g
Silver spot
Per $1 face

The silver price shown was recorded when this page was published. Figures calculated from it appear once the live price loads, so nothing here is worked out from a number the market may have left behind.

Value a lot

Metal content only — not a dealer offer
coins

Count only jefferson war nickels from 1942–1945. Coins outside those years look similar and hold different silver, or none.

Melt value of the lot

1.125 ozt of silver

Face value of the lot

What the coins say they are worth

$1.00

Common lots

By face value, as the trade quotes it
LotJefferson war nickelsSilverMelt value
$1 faceFour quarters201.13 ozt
$5 faceA half roll of quarters1005.63 ozt
$10 faceA common small lot20011.25 ozt
$50 faceA half bag1,00056.26 ozt
$100 faceThe standard trading unit2,000112.53 ozt

Before you sell

War nickels are identified by a large mintmark — P, D or S — above the dome of Monticello on the reverse. No other Jefferson nickel carries a mintmark in that position, so a whole jar can be sorted by reverse alone.

Melt is a ceiling on the metal, not an offer. A buyer pays a share of it, and the spread between two buyers on the same lot is routinely wider than the entire premium difference this site tracks between bullion dealers.

How this is calculated

5 g × 35% ÷ 31.1035 = 0.0563 troy ounces of silver, multiplied by the live silver spot price.

The silver weight is derived from how the coin was struck rather than copied from a reference table, and a test pins it to the published figure of 0.05626 ozt.

Other US silver coin series

Same calculation, different weight

All 15 silver coin series we value, including the face-value calculator for pricing a mixed lot.