Coin Specifications

Category: Jefferson Five Cents (1938-Date)
Mint: Philadelphia
Mintage: 27,600
Catalog: KM-192a
Obverse Designer: Felix Schlag
Reverse Designer: Felix Schlag
Composition: Copper-Silver-Manganese
Fineness: 0.3500
Weight: 5.00 Grams
Diameter: 21.2mm
Edge: Plain
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1942 P SILVER 5C PF obverse 1942 P SILVER 5C PF reverse


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Description & Analysis

By late 1941 the U. S. Mint had already begun experimenting with alternative compositions for both the cent and five-cent piece. Copper and nickel were both essential to wartime production, and their use in coins was of secondary importance.

The U. S. preferred to resume coining silver half dimes similar to those last produced in 1873, but the vending industry could not retool to accept both this coin and the existing nickels. A poor compromise was arrived at in which the standard size five-cent piece was struck in an alloy of copper, silver and manganese. Coins of this composition were distinguished with oversized mintmarks placed above the dome of Monticello.

In retrospect it's quite remarkable that the Mint even offered proofs of the new issue. These coins were not struck until the closing months of 1942, when the Mint had its hands full meeting accelerated production figures. Wartime nickels were sold separately of the proof sets, and collectors gobbled them up for their novelty and perceived future rarity.

Since silver generally results in more satisfying coins than nickel, the number of high grade pieces is quite high for the period. The greater tendency of silver to produce pleasing toning certainly accounts for some of these gems.

GRADE SUMMARY

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Price Guide

Last Updated: 10/7/2014

Click on a price to see historical prices, comparison charts and trends.

1942 P SILVER 5C PF
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - 67.00 75.00 110 115 130 160 350 7000 - -
$ - - - - - - - - - - - 700 -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Census

 
NGC GRADE SUMMARY

Total Graded: 2732
Low Grade: 58
Average Grade: 65
High Grade: 68


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
6/7/2015 PF 68   Heritage Auctions 2015 June 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach Session(5), 1221/Lot# 7314
6/7/2015 PF 68   Heritage Auctions 2015 June 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach Session(5), 1221/Lot# 7313


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/28/2005 NGC PF 67   David Lawrence Rare Coins Internet-Only Auction #30, 34/Lot# 243 $661.25
10/31/2005 PCGS PF 66   Teletrade Auction 2112, 2112/Lot# 3256 $212.80
2/10/2008 PCGS PF 67   Goldberg February 10-13, 2008 Pre-Long Beach Coin and Currency Auction, 44/Lot# 1963 $312.00
7/6/2008 PCGS PF 63   Heritage Auctions Sunday Internet Coin Auction #68072, 68072/Lot# 62305 $80.50
7/17/2011 PCGS PF 67   GreatCollections GreatCollections Coin Auctions 07/17/2011, 127/Lot# 12791 $275.00
2/17/2013 PCGS PF 66   Heritage Auctions Internet Coin Auction Session(1), 131309/Lot# 20074 $135.13
10/27/2013 PCGS PF 67   Heritage Auctions Internet Coin Auction Session(2), 131345/Lot# 22951 $270.25
1/5/2014 NGC PF 65   GreatCollections GreatCollections Coin Auctions 01/05/2014, 176/Lot# 162159 $95.22
1/9/2015 NGC PF 64   Stack's Bowers iAuction 3516, 6085/Lot# 20021 $282.00


NGC Registry

NGC Registry Score 1942 P SILVER 5C PF
 PrAgGVGFVF4045505355586061626364656667686970
Base3333666654205216227262295395442450502908113812711712
333466622104209220239273328411445467637985118214180
000000622104209220239273328411445467637985118200
0000006381552122232502843624264474857731061122700
1942 P SILVER 5C PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base6666666911118311381233133314551578170721242464275441411072819502
6666667431355011170126613741496162118462237256132166337136530
000000743135501117012661374149616211846223725613216633700
000000877159820120113001414153716641985235126573679853200
1942 P SILVER 5C PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base9999999126312311521258135714831609179921972525280741721078819537
9999991029834661187129113991525167219322306261932626377137040
000000102983466118712911399152516721932230626193262637700
0000001146103809122313241441156717362064241627133717858300
Registry Image Gallery
Grade: PF 68
Points: 3597
Owner: Zakmar
 
Grade: PF 66 CA
Points: 2464
Owner: lehigh96
 
View the Registry Image Gallery

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