The error on a 1943 S nickel can depend on the individual coin and its condition. One of the most common types of errors on the coin is a mintmark error, which is when the “S” mintmark appears either in the wrong place or is not present at all.
Another type of error is die variety errors, which occur when the metal from a die is improperly struck and causes a raised, pocked, or distorted design on the coin. Additionally, a variety of repunched mintmarks (RPMs) are known to exist on the 1943 S nickel, in which the mintmark is punched more than once, resulting in an overlapping design.
Each of these various errors can greatly affect the value of a 1943 S nickel.
What makes a 1943 S nickel valuable?
A 1943 S nickel is a valuable coin due to its rarity and historical significance. The wartime years 1941-1945 saw a temporary shift in the composition of the US nickel from a copper-nickel alloy to a silver alloy containing 35% silver, 56% copper, and 9% manganese.
The alloy was also used in the half dime. Pennies and pennies made in 1944 are also made with the same silver alloy.
However, the 1943 S coin (designated by the ‘S’ mintmark) is the only coin in the series made from the silver alloy. Most 1943 nickels were minted in Philadelphia, and contain zero silver. This made the 1943 S nickel unique, and highly sought after for any collection.
As such, it is considered a key date coin in the series and is worth much more than its face value. Depending on the grade and condition, it may be worth hundreds or even thousands of dollars.
Is a 1943 S nickel silver?
No, a 1943 S nickel is not silver. The 1943 S nickel is composed of copper and nickel, not silver. It is the same composition that is used in modern US nickel coins. In the early 1940s, the U. S. Mint switched to using copper and nickel because silver was needed for the war effort.
As a result, 1943 S nickels contain a low percentage of nickel and 95% copper. It is debatable whether or not the 1943 S nickel is classified as “silver” since it contains silver in its alloy, but it still is not considered a silver coin.
Is 1943 nickel s worth anything?
Yes, a 1943 nickel is worth something. Depending on the condition, a 1943 nickel can be worth anywhere from a few cents to several hundred dollars or more. Nickels from 1943 were actually made from two different metals.
Nickels produced from March to July of 1943 were composed of an alloy of copper, silver and manganese, while those between August of 1943 and 1945 were composed of an alloy of copper and zinc. Therefore, the exact metal content of a 1943 nickel needs to be determined in order to know its current value.
Condition is a key factor when determining the value of a 1943 nickel. Factors such as striking and toning can affect the overall appearance of the nickel and the grade assigned to it. Nickels deemed to be in an uncirculated condition are typically worth more than those that have been in circulation, while nickels with any type of wear may be worth a much lower value.
To determine the exact value of a 1943 nickel, it is recommended to have it professionally graded by a reputable third-party grading service.
How much is a nickel with an S worth?
A nickel with an “S” is worth more than a standard nickel. If the “S” stands for the San Francisco Mint, the coin is an collectible and can be worth anywhere from a few dollars up to hundreds or even thousands for certain rare dates and mint errors.
To determine the worth of a particular nickel with an “S,” it is important to consult a reputable coin dealer or grading service and have the coin evaluated.
Are S mint nickels silver?
No, S mint nickels are not silver. S mint nickels are made from 75% copper and 25% nickel and that mixture is called cupronickel. Cupronickel is not silver so S mint nickels are not silver coins. Nickels were first produced by the United States Mint beginning in 1866.
The ‘S’ mintmark indicates these coins were minted at the San Francisco Mint. For many years, mints in Philadelphia and Denver also produced nickels without mintmarks to represent the two main mints besides the San Francisco Mint.
What nickels are real silver?
No nickels currently produced by the United States Mint contain any silver. However, between 1942 and 1945 the United States minted nickels with a silver content of 35%, as part of the war effort to conserve copper for use in shell casings.
These Nickels, called War Nickels, were produced with a composition that included 56% copper, 35% silver, and 9% manganese. The silver War Nickels can easily be identified because they have a large “P” mint mark stamped on the reverse side, above the word “Monticello.
” These nickels have a higher intrinsic value than the modern-day nickel due to their silver content.
How much is a 1943 P error worth?
The worth of 1943 P error coins varies widely and is determined mainly by its condition and rarity. For instance, a 1943 penny error with a doubled die (DDO) is worth a minimum of $887 due to its rarity.
On the other hand, a less rare 1943 error, like one with a clipped planchet, are worth around $12 or sometimes more depending on its condition and potential collector’s value. Ultimately, the worth of a 1943 P error depends on its rarity and condition.
Are any of the war nickels valuable?
Yes, some war nickels can be valuable for a variety of reasons. War nickels are a series of nickels minted from 1942-1945 to help supplement the copper supply in the US during the war. They contain 35% silver and tend to be good condition.
The most common and valuable war nickel, the 1943-P, was released with two different design varieties, one of which is a highly sought after, rare nickel. Another rare war nickel is the 1938-D, which was released with a very low mintage of just over 1 million.
The 1942/1 overdate is also highly sought after, as it contains a doubled die error. Additionally, any war nickel with an “S” mint mark is considered valuable, as it was minted in very small numbers at the San Francisco Mint.
What does P mean on a nickel?
The “P” on a nickel stands for Philadelphia, the location of the U. S. Mint where the nickel was made. All U. S. coins have a mintmark, a small letter or symbol, that indicates where the coin was struck.
Nickels minted between 1980 and 2020 have a “P” mintmark if they were made in Philadelphia. Before 1980, all coins minted in Philadelphia had a “D” to designate their origin. Coins minted at other U.
S. Mint locations have specific symbols to indicate their origin, including “S” for San Francisco, “O” for New Orleans, and “W” for West Point, New York.
How can you tell if a 1943 nickel is silver?
The majority of 1943 nickels are not made of silver, as the price of silver spiked due to World War II, and the United States mint decided to switch to a copper-nickel alloy for the 1943 nickels, making them what we know now as Jefferson War nickels.
However, some 1943 nickels may be made of silver, as over 40 proof sets containing 1943 nickels were made of silver (as well as the 500 sets made in San Francisco), and special overstrike nickels were made to honor the end of the war.
To determine whether a 1943 nickel is silver or not, start by checking the color of the coin; silver nickels tend to be more of a gray-white color, whereas the standard Jefferson War nickels are more yellow in color due to their copper content.
Next, examine the coin for any kind of mint mark, located on the reverse side of the coin, near Monticello. The presence of a “D”, “S”, or “P” indicates the coin was made at the Denver, San Francisco, or Philadelphia mint, respectively, while the absence of any indication it was minted in San Francisco can further aid the identification.
Finally, if neither of these methods provide a conclusive answer, you can always have the nickel professionally graded by an expert to determine its authenticity.
What is a 1943 nickel with no mint mark worth?
A 1943 nickel with no mint mark is worth between $. 05 and $. 50 depending on its condition. Uncirculated coins can be worth considerably more, up to $2. 50 or more if they grade in the higher condition levels.
Coins in the lower levels of condition can often be found for just a few cents. The absence of a mint mark means the coin was produced at the Philadelphia Mint in 1943. The Philadelphia Mint was the only one striking nickels without mint marks that year.
It is estimated that approximately 396,000,000 1943 nickels were struck without a mint mark at the Philadelphia Mint.
Which nickels are worth keeping?
When it comes to which nickels are worth keeping, the answer will depend on their particular value. This is due to the fact that rare, or older nickels are more valuable than regular circulated nickels.
Nickels produced before 1965 are often worth more because they are made from 90% silver, rather than the usual 75% copper and 25% nickel. If you have a nickel older than 1965, you may want to investigate its worth more closely with a professional coin dealer.
In addition to older nickels, some new nickels are worth more than face value. Certain errors and mint marks on nickels can be extremely valuable, such as misprints, overstrikes, off-center strikes, and other errors, which can make them desirable to collectors.
Generally, any nickel which is in uncirculated or near-mint condition could be worth having, as could any special mint marks and/or errors. To find out the accuracy of any particular nickel, it is best to consult a professional coin dealer or another knowledgeable source.
What nickel is worth a million dollars?
The nickel that is worth a million dollars is the 1913 Liberty Head Nickel, one of the rarest and most valuable coins in the world. The coin was produced in five known examples: two of the nickels were sold for one million dollars each, with the other three sold for much higher prices.
The 1913 Liberty Head nickel was produced by the United States Mint as part of the Liberty Head V Nickel series, which were produced from 1883 to 1912. However, the 1913 nickel was not produced by the US Mint and was not part of the series.
It is believed that only a small handful were created, possibly by two people: an engraver at the US Mint, and a Philadelphia coin dealer. The coins all lacked any indication of their origin and the US Mint disclaimed any knowledge of them.
The rarity and mystery surrounding the coins gave them a special, high-value status that endures to this day.
