$2 Face Value - 35% SILVER WAR NICKELS - 40 Coins
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| Bullion Dealer | Price Each | Dealer Premium | Link | |
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eBay (lehighvalley3)
See Listing for Shipping |
$64.79 |
$3.59
$1.60 per oz |
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Melt Value: $2 Face Value - 35% SILVER WAR NICKELS - 40 Coins
This silver coin contains 2.250 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one $2 Face Value - 35% SILVER WAR NICKELS - 40 Coins is $61.20 based on today's silver spot price.
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The war time nickel was introduced on October 8,1942 in order to supply nickel to the war efforts. With the onset of World War II, the U.S. military had a high demand for metals. A larger, prominent mint-mark was added on the reverse of the coin, above the dome of Monticello to make it easy to identify war nickels.
War Nickels are an inexpensive and affordable way to stack silver. Each Jefferson Nickel from this era was minted with 35% silver. A full roll of 40 nickels contains $2 Face Value and roughly 2.25 troy ounces of silver. These coins are commonly bought, sold and traded for their melt value, sometimes even below melt value.
Melting these coins is legal. However, they are difficult to refine due to the inclusion of manganese. These coins are traded only for the intrinsic value.
These nickels got their name because the raw materials used in coins were needed for armor plating of tanks in World War II.
These coins were minted until 1945 when the war ended. Metal prices adjusted after the war ended and these coins were saved by citizens because of the metal combination.
They are easy to identify from other coins in a pile. The reverse (back) of the coin shows the mint mark in a large, prominent font in the center of the dome on the rear.
Composition: 35% silver, 56% copper, 9% manganese.
| Weight | 2.25 oz |
| Country | United States |
| Type | Silver Coin |
| Mint | US Mint |
| Year | Various |
| Classification | Historical |
| Purity | ..350 fineness |
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