| In 1942, two types of proof Jefferson Nickels were minted. The first type was the traditional 75% copper-25% nickel alloy used to make nickels for many years. With the outbreak of World War II, nickel was a vital resource for the war effort so much so that the Mint changed the composition of the nickel to 56% copper-35% silver-9% manganese during 1942 and the so-called silver "war nickel" was born. 1942 was the only time that War Nickels were available in proof finish and not very many were made. Only 27,600 Type 2 proof nickels were minted in 1942 with the wartime silver alloy. This example of the 1942-P Proof Jefferson War Nickel has been graded PR67+ by PCGS and is encapsulated in one of the newer-style edge-view holders. The coin was also professionally imaged by PCGS for their CoinFacts service. This is a great looking proof silver war nickel with hardly any marks or issues. The coin is lightly toned, primarily near the rims, as you can see in the photos provided. To date, only fifteen (15) examples of the 1942-P Proof Jefferson War Nickel have been graded higher by PCGS, all at the PR68 level and each of which would cost between $5,000 and $10,000 if offered for sale today. That taken into account, a PCGS PR67+ coin is a relative bargain and this is a great example. |
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