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Info on 1943 P Nickle
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4 posts in this topic

Could someone shed light on these coins and maybe have the background of it and maybe the value, it will could be appreciated! I know it's a wartime nickle and it was suppose to be taken out of circulation? 35% silver not much more. Thanks everyo

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Hello, and welcome to the forum. The nickel you have here is the highest mintage nickel of all the wartime nickels at 271,165,000 with an alloy composition of 56% copper 35% silver and 9% manganese. The nickel alloy was needed for the war effort during WW2. This nickel was minted in Philadelphia, PA. These nickels were produced from this particular composition from 1942 to 1945. To distinguish coins of the new alloy, the mintmark was moved from the side of Monticello to the top of the dome. This was done so the Treasury could identify and redeem worn nickels for melting. By now, most of these nickels have been plucked from circulation by collectors, but there are still a few out there. The nickel you have is worn and doesn’t have much value, but I have seen worse, and it is still a cool find. Hope this helps you out.

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The melt value of your war nick today is $1.56 for the silver content, that value changes each day slightly with the spot price of silver.   Your coin is too worn to have any collector value over its silver melt value, still a fun find when found in pocket change.

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