Spot as of Sep 6, 2026 10:00 PM · $1 move in silver changes this coin by $0.06
What this coin is
The Jefferson war nickel (1942–1945) is 35% silver, 56% copper, 9% manganese. 5.00 g, 0.05626 oz ASW. The only US nickel with silver.
What is written on the coin
MONTICELLO, FIVE CENTS, and a large P, D, or S mintmark above the dome on the reverse. 1942 nickels without that large reverse mintmark are not silver.
Metal content (the melt spec)
Mint specification: 5.0000 grams at 35% fine, which is 0.05626 troy oz of pure silver (ASW). Formula: grams × fineness ÷ 31.1034768. Date and mintmark do not change that number. Melt today is $3.71 per coin at $66.01 silver.
Mintage
High wartime mintages. Usually near melt. Full steps and gem examples can bring more.
A little history
Nickel metal was diverted in World War II. Silver-manganese alloy 1942–1945 only.
How to tell you have this type
Large mintmark over Monticello. That is the silver flag. Ordinary Jefferson nickels are copper-nickel.
Date and mintmark do not change the metal on this page. Collector value is a different market — see Sold Comps for sold prices.
Before you sell
Usually near melt
Weigh or count by face for a bag. Pull anything that looks proof, uncirculated, or an odd date before selling the rest as 90% silver.
Melt is the metal floor. For auction and eBay solds on the same type, see Sold Comps. We list 355 melt values; collector premiums are a different market.
Quick amounts
Using $66.01 silver.
| You have | Pure oz | Melt |
|---|---|---|
| 1 coin | 0.0563 | $3.71 |
| 10 coins | 0.5626 | $37.14 |
| 20 coins | 1.1252 | $74.27 |
Silver chart
Where silver has been.
Melt alert
Email me if this coin’s melt crosses a number I set.
Questions people ask
How much pure silver is in a Jefferson war nickel?
Mint spec is 5.000 grams at 35% fine, which is 0.05626 troy oz of pure silver (ASW). Date and mintmark do not change that.
What is a Jefferson war nickel worth in melt today?
At silver spot of $66.01 per troy oz, one coin’s melt is $3.71. Multiply by how many you have. A rare date or a nice grade can sell for more than melt.
How many Jefferson war nickels equal one ounce of silver?
About 17.77 coins equal 1.00 troy oz of pure silver at mint weight.
Does mintmark change the melt value?
No. A Philadelphia, Denver, or San Francisco coin of this type has the same metal. Melt is type × composition, not date or mintmark.
Is melt what I should sell this Jefferson war nickel for?
Common circulated pieces of this type are typically bought and sold close to silver. Exceptional condition or a scarce date can still bring more. Weigh or count by face for a bag. Pull anything that looks proof, uncirculated, or an odd date before selling the rest as 90% silver.
← All silver types · Full catalog
Share