After the Buffalo Nickel

January 21, 2009

The nickel that was coined AFTER the buffalo nickel, was the President Thomas Jefferson nickel from 1938 to present.  From 1938 to 2003 Monticello was featured on the reverse.  However, one interesting aspect of the Jefferson nickel is that from 1942 to 1945 the actual metal makeup of the coin was 35% silver (these are also called “War Nickels”.)

War Nickels from this time period have become very collectible because the value of silver has gone up so much since that time.  In fact, right now a nickel from 1942 to 1945 have a metal value of nearly 63 cents!  That may not seem like much, but that over a 1200% increase in value over what its face is worth.  To see what the current value of these War Time nickels are worth, check out: Current Melt Value of Coins.

Some of these other coins that were also produced using silver was the Mercury dime from the years 1916 to 1945.  So, if you can find a dime from this era, you should be very happy indeed.  In addition, the quarter from 1932 to 1962 was made partially from silver; and therefore its intrinsic worth has skyrocketed to over $2!

The silver half dollar from 1916-1947 and the silver dollar from 1964 to 1970 have also become quite valuable.  However, times have changed now, and coins are no longer made from such valuable metals.

The great thing about many of these coins listed above, is that they are still in circulation!  You might be able to find some in your loose change or in your couch cushions.  You may have thought that you just had a quarter, but actually could have a piece worth $2 or more.

In fact, there is a very active community that buys, sells, and trades, many of these pieces online.  So, if you happen to run across any of these silver coins (even if they are not Indian Head Nickels), you will have no trouble selling it; if you choose to do so.  It could also become a valuable investment if you decide to hold onto it and watch the price of silver increase (hopefully!)

Category: Buffalo Nickel, Coin Collecting