What is a War Nickel?
The War Nickel, also known as the Jefferson Nickel with a West Point Mint Mark, is a special edition of the United States nickel coin minted during World War II. The coin was designed to commemorate the 250th anniversary of the first British settlement in America and was produced from 1942 to 1945.
History of the War Nickel
The War Nickel was introduced in 1942, during the height of World War II, as a way to honor the 250th anniversary of the first British settlement in America. The coin was designed by Felix Schlag, a well-known artist and sculptor, and features a depiction of Thomas Jefferson, the third President of the United States, on the obverse (front) side. The reverse (back) side of the coin features an image of the Liberty Bell, a symbol of American independence.
Why was the War Nickel minted?
The War Nickel was minted primarily to support the war effort. During World War II, the United States was facing a shortage of copper, a key component in the production of nickels. To conserve copper for more critical uses, such as in the production of ammunition and other war-related materials, the U.S. Mint began producing nickels with a silver-colored alloy, known as cupro-nickel.
Characteristics of the War Nickel
The War Nickel has several distinct characteristics that set it apart from other nickels. Some of the key features include:
- Mint Mark: The War Nickel features a "W" mint mark, which indicates that it was minted at the West Point Mint in New York.
- Composition: The War Nickel is made of cupro-nickel, a silver-colored alloy that is 75% copper and 25% nickel.
- Weight: The War Nickel weighs 5 grams, which is slightly heavier than the standard nickel.
- Diameter: The War Nickel has a diameter of 21.21 mm, which is slightly larger than the standard nickel.
Rarity of the War Nickel
The War Nickel is considered a relatively rare coin, especially in mint condition. According to the United States Mint, only 2.5 billion War Nickels were minted during the three-year period from 1942 to 1945. In comparison, over 15 billion nickels were minted during the same period.
Value of the War Nickel
The value of the War Nickel varies depending on its condition and rarity. In general, War Nickels in mint condition can fetch a premium price, with some examples selling for hundreds or even thousands of dollars. Here are some approximate values for War Nickels in various conditions:
- Good condition: $5-$10
- Fine condition: $10-$20
- Very Fine condition: $20-$50
- Extremely Fine condition: $50-$100
- Mint condition: $100-$1,000
Grading the War Nickel
The condition and rarity of the War Nickel are crucial factors in determining its value. The coin can be graded using a system that takes into account its appearance, wear, and overall condition. Here are some common grading terms used to describe the condition of the War Nickel:
- Good: The coin has significant wear and tear, with large scratches and marks.
- Fine: The coin has moderate wear and tear, with some scratches and marks.
- Very Fine: The coin has minimal wear and tear, with only slight scratches and marks.
- Extremely Fine: The coin has no significant wear and tear, with only minor scratches and marks.
- Mint condition: The coin is in its original, uncirculated state, with no wear and tear.
Conclusion
The War Nickel is a unique and historic coin that commemorates the 250th anniversary of the first British settlement in America. With its distinctive mint mark and composition, the War Nickel is a valuable addition to any coin collection. Whether you’re a seasoned numismatist or just starting to collect coins, the War Nickel is a great choice for anyone interested in American history and numismatics.
Table: War Nickel Value
Condition | Value |
---|---|
Good | $5-$10 |
Fine | $10-$20 |
Very Fine | $20-$50 |
Extremely Fine | $50-$100 |
Mint condition | $100-$1,000 |
Bullets List: Characteristics of the War Nickel
• Mint Mark: "W" mint mark indicates that it was minted at the West Point Mint in New York.
• Composition: Made of cupro-nickel, a silver-colored alloy that is 75% copper and 25% nickel.
• Weight: 5 grams, slightly heavier than the standard nickel.
• Diameter: 21.21 mm, slightly larger than the standard nickel.
• Rarities: Only 2.5 billion War Nickels were minted during the three-year period from 1942 to 1945.