Coin Specifications

Category: Jefferson Five Cents (1938-Date)
Mint: Philadelphia
Mintage: 27,600
Obverse Designer: Felix Schlag
Reverse Designer: Felix Schlag
Composition: Copper-Silver-Manganese
Fineness: 0.3500
Weight: 5.0000g
Diameter: 21.2mm
Edge: Plain
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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: 5/20/2019

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

1942 P SILVER 5C PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 55.00 67.00 75.00 105 115 130 150 300 3900 - -
$ - - - - - - - - - - - - 550 -
1942 P SILVER 5C PF CA
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - - - - 3000 4250 - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 3019
Low Grade: 58
Average Grade: 65
High Grade: 68

The chart showing 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series, 68 series, 69 series.
NGC CENSUS DETAIL Last Updated: 11/24/2020 1942 P SILVER 5C PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------1-23286420833117044425--3013
----------------24951-21
----------------179---17
-----------------------
Total----------1-232864208361181462301-3051
 ----------0%-0%1%3%14%27%39%15%1%0%- 
1942 P SILVER 5C PF CA
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------------1-131--6
-----------------------
-----------------------
-----------------------
Total---------------1-131--6
 ---------------17%-17%50%17%-- 

NGC Registry

NGC Registry Score 1942 P SILVER 5C PF CA
 PrAgGVGFVF4045505355586061626364656667686970
Base1628598110212314316318320122026528831142643948930093545407244924941
20386688109130150170189207235273296349430456132931883721421246425188
000000150170189207235273296349430456132931883721421200
000000156176195214250280303388435472216933663896435200
1942 P SILVER 5C PF UC
 PrAgGVGFVF4045505355586061626364656667686970
Base9999999126312311521258135714831609179921973149370341721078819537
99999910298346611871291139915251672193225143334385963771370420514
000000102983466118712911399152516721932251433343859637700
0000001146103809122313241441156717362064283235184016858300
1942 P SILVER 5C PF
 PrAgGVGFVF4045505355586061626364656667686970
Base91216375981102123143163183223265301381409450502856340643094745
1013234466881091301501701962372773283904234676201706370744544982
0000001091301501701962372773283904234676201706370700
0000001161361561762102512893544004364857382556400800
Registry Image Gallery
Grade: PF 68
Points: 3406
Owner: CRMc
 
Grade: PF 68
Points: 3406
Owner: Flyboy
 
View the Registry Image Gallery

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.