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The answer is Yes if the coin is a so-called "war nickel" with a large mint mark letter (P, D, or S) above the dome of Monticello.

The normal composition for nickels since the coin was introduced in 1866 is an alloy of 25% nickel and 75% copper. But those two metals were needed for the war effort, so in mid-1942 the coin's composition was changed to reduce the amount of copper and eliminate nickel completely. The new coins were made of 35% silver, 9% manganese, and 56% copper.

They had the same weight and magnetic properties as ordinary nickels so they'd work in vending machines, but were somewhat lighter in color when new. Unfortunately the silver and manganese soon oxidized to a dull gray, making the coins very unattractive. They were also distinguished by the large mint mark letter and the first (and at that point only) use of a P for the Philadelphia mint.

The rise in silver prices since the 1980s has meant that these coins are worth at least $1.00 to $1.25 for their metal content alone, and more if they're not worn.

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14y ago

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