Did nickels ever have silver in them
17 Apr 2008 Their low silver content, however, destined them to suffer the same fate as in coin folders and albums) prompted an ever-deepening gold toning that though a number of rarities have emerged in the highest grade levels. 1 May 2011 With the price of precious metals on the rise, nickel enthusiasts are hoarding and sweet-talking bank tellers into selling them boxes from the back room. In 1965, with the price of silver climbing, the U.S. Mint diluted the It did the same thing to the penny in 1982 when copper became too expensive. 14 Aug 2014 Your nickels and old pennies might be too valuable to spend if it's 1964 or earlier, you have a valuable little piece of silver in your hands. So ever since 2006 it's been illegal to melt pennies or nickels for their metal content. face- value nickels – 20 million five-cent coins in all – and stored them with the 22 Feb 2012 Did it also cover the silver war nickels? The smelters took advantage of this loophole and melted millions of them, right along with a lot of 90 percent silver that was plus or minus, so the “heavy” ones would have to have weighed 107 grains or more. Has it ever been illegal to melt or export U.S. cents? 24 Jan 2013 This would allow smelters to melt the coins and re-sell them. To counter this problem, Other metals such as copper, nickel and zinc are used to make ordinary coins. Initially, pennies were Coins that have a silver color should not be mistaken for silver. Great stuff if you are ever on Jeopardy! 0 0. Reply.
The only US nickels to ever contain any silver are the "war" nickels of 1942-1945. Note: some '42 nickels were still made of copper and nickel instead of silver.
Few nickels had circulated in the western states before the 1880s (people there preferred silver and gold coins); interest in the new Liberty Head design had led to increasing use of nickels there. Good economic conditions and high demand for nickels for use in coin-operated devices caused the piece to circulate throughout the nation by 1900. The war nickels from 1942-1945 with the large mint marks above the dome of Monticello are made of 56%copper, 35% Silver, and 9% manganese. All other nickels (5 cent coins) are a mixture of copper and nickel. Best Answer: All dimes and quarters dated 1964 and earlier are 90% silver. Yes, a coin shop will buy them for around 25 times face value. Nickels only contained silver from 1942 to 1945. No US nickels have ever been pure silver, the "war nickels" of 1942-1945 are 35% silver and are the only nickels to have any silver. Post new question. However, there are a few specimens that are worth a little more. Jefferson Nickels made between 1942 in 1945, are also called War Nickels and consisted of 35% silver. This means they are worth more than face value and most of them have been removed from circulation. Earlier nickels are not worth saving for their metal content any moreso than modern nickels because the alloy is the same today as it has been since 1866. EXCEPT for the War Nickels 1942-1945 with the large mintmark above Monticello (including a 'P' for Philly) which have silver in them and are worth well above face.
No US nickels have ever been pure silver, the "war nickels" of 1942-1945 are 35% silver and are the only nickels to have any silver. Post new question.
Silver Nickels. One of the more unusual Silver coins was the Jefferson Nickel of 1942 to 1945. Jefferson Nickels were first minted in 1938 and made of 75% Copper and 25% Nickel. However, in 1942, with World War II raging in Europe and the Pacific, Nickel became a critical war material.
24 Jan 2013 This would allow smelters to melt the coins and re-sell them. To counter this problem, Other metals such as copper, nickel and zinc are used to make ordinary coins. Initially, pennies were Coins that have a silver color should not be mistaken for silver. Great stuff if you are ever on Jeopardy! 0 0. Reply.
Nickels are not as widely collected as pennies or silver dollars, which may help 1913 Liberty Nickels have sold for as much as $3.7 million at auction; three exist nickels were made in 1880, and only a small number of them still exist today, 17 Apr 2008 Their low silver content, however, destined them to suffer the same fate as in coin folders and albums) prompted an ever-deepening gold toning that though a number of rarities have emerged in the highest grade levels. 1 May 2011 With the price of precious metals on the rise, nickel enthusiasts are hoarding and sweet-talking bank tellers into selling them boxes from the back room. In 1965, with the price of silver climbing, the U.S. Mint diluted the It did the same thing to the penny in 1982 when copper became too expensive. 14 Aug 2014 Your nickels and old pennies might be too valuable to spend if it's 1964 or earlier, you have a valuable little piece of silver in your hands. So ever since 2006 it's been illegal to melt pennies or nickels for their metal content. face- value nickels – 20 million five-cent coins in all – and stored them with the 22 Feb 2012 Did it also cover the silver war nickels? The smelters took advantage of this loophole and melted millions of them, right along with a lot of 90 percent silver that was plus or minus, so the “heavy” ones would have to have weighed 107 grains or more. Has it ever been illegal to melt or export U.S. cents? 24 Jan 2013 This would allow smelters to melt the coins and re-sell them. To counter this problem, Other metals such as copper, nickel and zinc are used to make ordinary coins. Initially, pennies were Coins that have a silver color should not be mistaken for silver. Great stuff if you are ever on Jeopardy! 0 0. Reply.
12 Jul 2019 Normally all other nickels are composed of 75% copper and 25% nickel. Due to the pressing need for industrial metals like nickel during World
“War Nickels,” or Jefferson Nickels that were minted from 1942-1945, are also popular among coin collectors due to their historical significance and the fact that they contain a small amount of silver rather than nickel. In addition certain types of Jefferson Nickels may be vastly more collectable than others. The nickels with silver are from 1942-1945, all of the 1943-1945 have silver, some of the 1942 have silver and some do not. The ones with the large mintmark over the dome on the reverse have silver. Dimes 1964 and before. Quarters 1964 and before. Halves 1965-1970 40%, 1964 and before 90%. Silver dollars 1935 and before. Do us nickels have silver in them? Answer. Wiki User July 18, 2012 6:20AM. No, they don't. US nickels are made of copper and nickel. The only ones that DO contain silver are war nickels, minted Few nickels had circulated in the western states before the 1880s (people there preferred silver and gold coins); interest in the new Liberty Head design had led to increasing use of nickels there. Good economic conditions and high demand for nickels for use in coin-operated devices caused the piece to circulate throughout the nation by 1900. The war nickels from 1942-1945 with the large mint marks above the dome of Monticello are made of 56%copper, 35% Silver, and 9% manganese. All other nickels (5 cent coins) are a mixture of copper and nickel. Best Answer: All dimes and quarters dated 1964 and earlier are 90% silver. Yes, a coin shop will buy them for around 25 times face value. Nickels only contained silver from 1942 to 1945.
This alloy continued in use until 1945, when Allied victories reduced the war-time need for Nickel. "Silver" nickels were produced from 1942 to 1945, inclusive, Silver Nickels. One of the more unusual Silver coins was the Jefferson Nickel of 1942 to 1945. Jefferson Nickels were first minted in 1938 and made of 75% Copper and 25% Nickel. However, in 1942, with World War II raging in Europe and the Pacific, Nickel became a critical war material. The only US nickels that ever contained silver were special "war nickels" minted from late 1942 to 1945. War nickels were made of an alloy of 56% copper, 35% silver, and 9% manganese because nickel metal was needed for the war effort. Not all 1942 nickels have the large mintmarks over Monticello. In fact, for most of 1942, the 5-cent coin was made from nickel. In October, this changed, since nickel was needed to make artillery for troops in World War II. Also worth noting… silver nickels aren’t made entirely from silver.