We are pleased to offer for sale this 1942-P Jefferson Silver War Nickel BU. The Jefferson Silver War Nickel is in Brilliant Uncirculated (BU) condition, with nice eye appeal and no major marks or visible problems. This coin is taken from an original BU roll or Mint set, and is an outstanding value!
The Jefferson Nickel design was selected through a mint sponsored contest in 1938, and the winning design came from Felix Schlag. Schlag's initials were added underneath the bust in 1966. The obverse of the Jefferson Nickel features a left facing profile of Jefferson, adapted from a marble bust by sculptor Jean-Antoine Houdon, as well as the motto IN GOD WE TRUST. The reverse features Jefferson's home Monticello. Apart from a small change to the stairs of Monticello in 1939, the design was unchanged from 1938 through 2003. The Jefferson Nickel is one of the most common designs in circulation because of the long period of mintage combined with the hardness of nickel, making it possible to still find coins from the 1940s and 1950s still in circulation.
From mid 1942 through 1945 the mint decided to change the composition of the nickel to help meet conservation goals for the war effort. The Jefferson Nickels from this period where comprised of 56% copper, 35% silver and 9% manganese. The Jefferson Silver War Nickels can be distinguished from the standard nickel by the large mint mark, which can be found on the reverse above the dome of Monticello. These Jefferson Silver War Nickels are rare and valuable nickels, owing to their silver content, which led to large numbers of the coins being removed from circulation when the price of silver rose in the 1960s.
The 1942-P Jefferson Silver War Nickel BU is comprised of .560 (56%) copper .350 (35%) silver and .090 (9%) manganese with a diameter of 21.21mm and a mass of 5 grams. It is a beautiful coin in Brilliant Uncirculated condition, a great value perfect for any Jefferson Nickel collection