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This is a "war nickel" - a US 5 cent piece dated between 1942 and 1945. During World War II the metal nickel was a war commodity used for nickel plating steel and iron items. During these years all nickel was sent into war production and the US mints replaced the 35% nickel in 5 cent pieces with silver. Planning to reclaim the silver and melt down nickels after the war, the mint made these easily identifiable with the mint mark above the dome of Monticello on the back - instead of behind Jefferson's pony tail as on all other nickels. I don't believe the planned melt down/reclamation ever happened.

As of today (3/25/11) silver has a value of $36+ an ounce - making the "melt value" of the 35% silver in a war nickel $2.09 REGARDLESS OF CONDITION. War nickels in fine condition should rate at least an extra buck to the collector.

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What is the value of a 1945 US nickel with a P on the back?

That's a silver war nickel, containing 35% silver, and it's worth at least $2.


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The Jefferson series of U.S. nickels known to have doubled die errors are: 1939-P/ 1943-P/ 1945-P.


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1945 nickel with an S stamped on the back above the building What is it worth?

A 1945 nickel with an "S" mintmark above Monticello (the building on the back) is a wartime nickel made of 35% silver. Its value depends on the coin's condition and silver content but typically ranges from a few dollars to around $10.


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What is the value of 1942 nickel with a p above the dome?

The large "P" above the dome means it's a "war nickel" that is struck in 35% silver. The nickel was removed for the war effort and silver was used as a replacement, this was done from 1942 - 1945. Because it has a small amount of silver the value is about $1.00. NOTE: The 1942 war nickel is the first US coin to ever use a "P" Mintmark.


What does the S mean on the back of a 1945 nickel?

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What is the value of a 1945 P nickel that is stamped with a 5 on the Monticello side?

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