Regular and Silver War Nickels Value Guide
The 1942 Jefferson nickel represents a unique year in U.S. coinage history, marking the transition from regular composition to wartime silver content. Only Philadelphia and San Francisco produced silver war nickels in 1942, starting in October of that year.
Note: Coin values fluctuate daily based on market conditions, collector demand, and metal prices. The ranges provided below are approximate and can vary significantly based on the coin's condition, mint mark, and current market trends. Always consult current price guides and recent sales data for the most accurate values.
Helpful tip: You can highlight these nickel types on your device and click "web search" or "look-up" to see actual photos of the coins.
Approximate Value Ranges for 1942 Nickels:
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• 1942-P Type 1 Jefferson Nickel (regular composition, pre-October)
- Circulated: $0.25 to $2
- Uncirculated: $3 to $10
• 1942-D Jefferson Nickel (regular composition only)
- Circulated: $0.25 to $2
- Uncirculated: $3 to $10
• 1942-P Jefferson Nickel (35% silver composition, started October)
- Circulated: $1 to $3
- Uncirculated: $5 to $15
• 1942-S Jefferson Nickel (35% silver composition, started October)
- Circulated: $1 to $3
- Uncirculated: $5 to $20
• 1942-D Double Die Obverse (when found)
- Premium of $50+ depending on condition
• 1942-P Proof Jefferson Nickel
- $75 to $200+ depending on grade
Starting in October 1942, only the Philadelphia and San Francisco mints produced the new wartime composition of 35% silver, 56% copper, and 9% manganese to conserve nickel for World War II. These war nickels can be easily identified by the large mint mark above Monticello on the reverse. Learn more about coin errors and varieties in this comprehensive coin error guide.
For the most current values, check recent auction results, PCGS Price Guide, NGC Price Guide, and reputable coin dealers. Prices can be significantly higher for specimens with exceptional eye appeal or rare varieties.