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Jump To Section:. Pile of war nickels. Bank roll of silver quarters. The mint officials wanted a head-on view of the iconic building. This was the third circulating coin that United States Mint eliminated a symbolic figure from the coin, such as Lady Liberty or an American Indian, and replace the portrait on the obverse with a former president of the United States.
Previous coins that were redesign included Abraham Lincoln was featured on the penny in and in George Washington began being featured on the quarter. This silver composition continued until the end of The Jefferson nickel has a diameter of Jefferson nickels are still being made at the U. Mint and are actively used in commerce. Therefore, most circulated specimens are worth only face value.
However, there are a few specimens that are worth a little more. 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. If there is a letter P, D or S over the dome of Monticello, then it is a silver coin. The following Jefferson nickels in any condition, are worth more than common coins that you can find in your pocket. Therefore, look at the coin carefully or have the coin authenticated by a reputable coin dealer or third-party grading service.
If your coin is worn and looks similar to the one illustrated below, it is considered a circulated coin. If your coin looks similar to the one illustrated in the link below and has no evidence of wear due to being in circulation, it is considered an uncirculated coin. Remember to look at the details and not the "shininess" of the coin when determining if your coin is circulated or uncirculated. Cleaning a coin to make it shiny will not increase its value. In fact, it will decrease its value because clean coins are worth less to a coin collector than an unclean circulated coin.
As illustrated in the photo below, the mint mark is located on the reverse of the coin, right next to Monticello for coins dated to and to : Philadelphia no mint mark , Denver D and San Francisco S. During this time coins minted in Philadelphia had a " P " for a mint mark, while coins minted in Denver and San Francisco continued to use a " D " and " S " respectively.
The silver nickels were also easy to spot when freshly minted because they had a dazzling brilliant finish on them that was whiter in appearance than regular nickels and often with sharp striking of the details.
However, with time the finish tarnished and toned, often becoming a dull grey and less attractive, which also happened with the steel pennies made for the war effort too. An article by Mark Benvenuto published in The Numismatist magazine in explained that the change in nickel alloy may have saved as much as , pounds of nickel but that the amount was actually insignificant since million pounds of nickel were produced annually during World War II.
The author speculates that the real reason for the change in composition was probably to boost the morale of American citizens by showing the Mint was doing its part in the war effort by doing without nickel. This is an interesting theory, and it is also worth noting that at the same time the U. Silver nickels contain. Circulated examples are easy to source today and can be purchased in rolls for about their silver value. The highest mintage silver war nickel is the P , with ,, coins struck.
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