1 vote

Check your Nickels 35% silver

While checking dates on my coins the other day I found an old 1942 nickel and looked it up to see if it was worth anything. Then I find out that 1942-45 nickels have silver in them. Wish I had known this a few years ago before I started saving nickels and 82 and under pennies.

http://www.coinflation.com/coins/1942-1945-Silver-War-Nickel...

World War II prompted the rationing of many commodities. Nickel was highly valued for use in armor plating, and Congress ordered the removal of this metal from the five-cent piece, effective October 8, 1942. From that date, and lasting through the end of 1945, five-cent pieces bore the regular design but were minted from an alloy of copper, silver and manganese. It was anticipated that these emergency coins would be withdrawn from circulation after the war, so a prominent distinguishing feature was added. Coins from all three mints bore very large mintmarks above the dome of Monticello, and the letter 'P' was used as a mintmark for the first time on a U. S. coin. [ ? ]



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Check This Out

http://coinflation.com/

According to them, even the 2011 nickel is worth almost 7 cents in metal content.

What do you think? http://consequeries.com/

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Interesting. It would be nice to know what coins should be saved for metal value.

Save:

All 1964 and prior dimes, quarters, halves and dollars. They are 90% silver and will be useful for barter.

1965 to 1968 Kennedy halves are 40% silver.

War nickels 1942-1945 are 35% silver, I believe.

1981 and prior pennies are copper instead of copper plated zinc. (There were some steel pennies made during the war when copper was needed for the war effort.)

The rest of our coinage is counterfeit junk!

Give us clear vision, that we may know where to stand and what to stand for - because unless we stand for something, we shall fall for anything.
~ Peter Marshall, US Senate Chaplain 1947

Some 1982 pennies are also copper.

There were SEVEN varieties minted that year.

The way to tell them apart is to balance the penny in question on your fingertip. Then strike the rim slightly with another coin. (any coin will do, even any other metal object) If it is copper, you will hear a resonating "ring." If it is zinc, you will hear a dead "tink." If it rings, it is copper, if the sound merely dies off instantly, it is zinc.

This test is also possible with the dime, quarter, half, and dollar coins. The cupro-nickel coins will ring but the ring will be a lower in tone than the silver. Silver coins produce a very high pitched ring compared to copper. Silver coins are also noticeably "whiter" and will tend to have a 'powdery' finish or film if they were widely circulated. (tarnish)

Thanks!

I will be going through my coins tonight.