Lot 004Coin values
1943-P (3 over 2) Jefferson War Nickel
PHILADELPHIA · 35% SILVER, 56% COPPER, 9% MANGANESE · VARIETY
Worth about $36–$115 circulated and $2,450–$3,550 in MS-65.
The 1943-P (3 over 2) Jefferson War Nickel is a key date from the Philadelphia Mint, with a mintage that is included in a larger issue. In circulated grades (G-4 to EF-40) our estimate is $36–$115, and a well-preserved MS-65 example is estimated at $2,450–$3,550. Because this is a key date, condition and authenticity matter far more than metal content: have any high-value coin graded by a recognised service.
Included in the 1943-P mintage.
Type coin shown: Jefferson war nickel design: 1938 obverse (the obverse did not change) with the reverse of a 1945-P war nickel, large P above Monticello. We do not yet hold a licensed photograph of the 1943-P (3 over 2) Jefferson War Nickel itself, so this is the nearest dated coin of the same design. The design is the same; the date and condition of your coin will differ. Photograph: 1938 Jefferson nickel obverse (same design as the war nickels), National Numismatic Collection and 1945-P Jefferson war nickel reverse with the large P above Monticello (photograph by Bobby131313). Public domain, credit US Mint (coin), National Numismatic Collection (photograph by Jaclyn Nash), via Wikimedia Commons.
- Mint
- Philadelphia
- Composition
- 35% silver, 56% copper, 9% manganese
- Mintage
- In larger issue
- Weight and size
- 5 g · 21.2 mm
- Designer
- Felix Schlag
No separate mintage is recorded for this date, so its place on the scale follows its editorial rarity tier.
3 over 2 overdate
A 1942-dated die was reused for 1943 and a trace of the 2 shows beneath the 3. Check the last digit of the date under magnification.
Large mint mark above the dome
Silver war nickels carry a large P, D or S above Monticello. Nickels dated 1942 with a small mint mark to the right of the building are copper-nickel, not silver.
Wear and toning
The silver alloy tones to a gray or dull color, and many have been cleaned. Check the large mint mark and the steps of Monticello for wear.
About the 1943-P (3 over 2) War Nickel
How much is a 1943-P (3 over 2) Jefferson War Nickel worth?
Lustre's editorial estimate (Oct 2026) is $36–$115 for circulated examples (G-4 to EF-40) and $2,450–$3,550 in MS-65. These are estimates, not an appraisal or market data. A coin in the grade you hold may sell for less at a dealer, who needs a margin.
Is a 1943-P (3 over 2) Jefferson War Nickel silver?
Yes. It is 35% silver, 56% copper, 9% manganese and weighs 5 g, which is 0.0563 troy ounces of pure silver. Its melt value is that weight multiplied by the current silver spot price, shown live on this page.
How many 1943-P (3 over 2) Jefferson War Nickels were minted?
Included in the 1943-P mintage.
Where is the mint mark on a Jefferson War Nickel?
On the reverse, a large P, D or S above the dome of Monticello. Wartime nickels are the only ones to carry a P for Philadelphia.
Is my 1943-P (3 over 2) Jefferson War Nickel rare?
Yes. It is a key date. Check the variety notes on this page, look at the date and mint mark under magnification and consider professional grading before selling.
More Jefferson War Nickel values
Where these numbers come from
Jefferson nickel, Wikipedia: wartime composition, weight, diameter, edge, mint mark position, designer, 1943 overdate.
Jefferson nickel mintage, Landofcoins.com: mintage by year and mint.
Lustre editorial grade-value estimates, Lustre: grade value ranges (estimates, not market data).
gold-api.com spot prices (reference level for estimates), gold-api.com: reference spot prices behind the estimates.
How the estimates are made. Facts reviewed Oct 2026.