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War Nickels were minted from late 1942 until the end of 1945.

Because nickel was a strategic metal, the Mint was forced to change the composition of the 5¢ piece from its standard 75% copper / 25% nickel alloy to an alloy composed of 35% silver, 56% copper, and 9% manganese. When new, "nickels" made from this alloy were almost indistinguishable from the old composition. To identify them the Mint moved the mint mark position from the right side of Monticello to above its dome, made the letter much larger, and for the first time used a P for coins minted in Philadelphia.

Both Philadelphia and Denver struck standard nickels during early 1942. These can be identified by the lack of a mint mark (Phila) or a small D to the right of Monticello.

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