No coins had mint marks from 1965 to 1967. After Liberty, there’s a star, followed by the date. Unlike other coins, the legends lie on either side of his head, with In God We Trust on the left and Liberty on the right, behind his head. The obverse (heads side) of the 1943 Nickel has a portrait of Thomas Jefferson facing left. ![]() ![]() Let’s review these distinguishing characteristics and see what made them special. The Mint needed to quickly remove them from circulation once the war was over, so these coins had distinct features that made it easy to identify and extract them from coin rolls. Related Post: 19 Most Valuable Nickel Worth Money Features of the 1943 NickelĪs we’ve mentioned, the 1943 Nickel is part of the Silver War Nickel set that was used from 1942 to 1945. He was also asked to change the font on the legends. Schlag’s design depicted Monticello at an angle, but he was asked to edit the sculpture and show it head-on instead. And since 1943 was the 200 th anniversary of his birth, Silver Nickels from this year are especially prized among the War Nickel set. It featured his face on the front and his home on the back. And although the coins began in 1938, Jefferson’s Bicentennial was in 1943, so the coin design centered on this beloved 3 rd President of the US. Maybe he was unfamiliar with the signature rule, which may also be why he placed United States at the bottom of the coin. Oddly, his initials didn’t appear on the coin until 1966, so you won’t find them on the 1943 Nickel. They reviewed the competitors’ work for 4 days before awarding Felix, a recent German immigrant who had only been in the US for 9 years. The contest received 390 entries and had four judges – three professional sculptors and the current Mint Director Nellie Tayloe Ross. Jefferson Nickels were designed by Felix Schlag, who won $1,000 in the coin design contest. As of 2020, it cost the US Mint 7 cents to produce this 5-cent coin, so they’re essentially making a loss on these clad coins. Jefferson Nickels were introduced in 1938 and they’re still in use today, though a nickel can barely buy anything and some people want them phased out. The 1943 Nickel is a Jefferson Nickel and is often described as a Silver Nickel (1942 to 1945). This silver content – plus the short period of minting – makes these coins interesting to collectors and resellers. But they didn’t want to use so much that the coins would be stacked for silver, so they kept the proportion relatively low. This new coin was used between 19, and since it had no nickel, they had to infuse silver into the coin. But during the Second World War, the military needed nickel for weaponry and equipment, so a new coin was developed to redirect nickel to the military. The sandwich was a 75% copper core plated with 25% nickel. They opted to gradually take the silver out of these coins, replacing them with a Johnson Sandwich – named for President Lyndon Johnson. ![]() This was called silver stacking, and people still do it today. For example, a $1 silver coin might be worth $1.26 if you melted it down, so the public hoarded silver coins for their melt value rather than their face value. But as silver appreciated in price, these coins surpassed their face value. Initially, all American coins were silver or gold. Curiously, other clad coins were designed to control silver stacking due to the rising price of silver over the years. When silver was demonetized, the nickel stepped in, with its clad composition of copper and nickel. A dime is a 10c silver piece, and the earliest half dismes were silver as well. 1943 Nickel Value ChartĮarly nickels were referred to as half dimes or half dismes, with a silent ‘s’. So let’s mine this coin for its secrets and discover the 1943 Nickel Value. This makes the coins more valuable than clad nickels from other years. But the 1943 Nickel – sometimes called the War Nickel – had actual silver in it. ![]() A nickel is a 5-cent coin that’s silver in color, thanks to the nickel coating on the outer layers of the coin.
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