Metal (melt) value of one coin
Jefferson nickels of 1942–1945, struck with 35% silver to save nickel for the war effort.
0.056264 troy oz of fine silver × 49.12 USD per troy ounce = 2.7634 USD. The value follows the live spot price and changes with the market.
The metal value is what the gold or silver alone is worth. Dealers and jewellers sell coins above it to cover minting, their margin and, for jewellery coins, workmanship; they usually buy back slightly below it. Rare dates and collector grades can be worth far more than their metal.
| Coins | Value (USD) |
|---|---|
| 1 | 2.7634 |
| 2 | 5.5268 |
| 5 | 13.8170 |
| 10 | 27.6340 |
| 20 | 55.2679 |
| 50 | 138.1698 |
| 100 | 276.3397 |
| Currency | Value |
|---|---|
| US Dollar USD | 2.7634 USD |
| Euro EUR | 2.4755 EUR |
| British Pound GBP | 2.0638 GBP |
| Japanese Yen JPY | 435.41 JPY |
| Swiss Franc CHF | 2.2795 CHF |
| Canadian Dollar CAD | 3.8610 CAD |
| Australian Dollar AUD | 3.9286 AUD |
| Chinese Yuan CNY | 18.36 CNY |
| Indian Rupee INR | 262.38 INR |
| Turkish Lira TRY | 138.00 TRY |
| UAE Dirham AED | 10.15 AED |
| Saudi Riyal SAR | 10.37 SAR |
| Russian Ruble RUB | 222.66 RUB |
| Brazilian Real BRL | 15.03 BRL |
| Mexican Peso MXN | 51.87 MXN |
| South African Rand ZAR | 46.13 ZAR |
| South Korean Won KRW | 3,684.74 KRW |
| Singapore Dollar SGD | 3.5294 SGD |
| Hong Kong Dollar HKD | 21.68 HKD |
| Pakistani Rupee PKR | 764.37 PKR |
| Egyptian Pound EGP | 154.87 EGP |
At the live silver spot price, the metal in a Silver war nickel is worth 2.7634 USD (Nov 1, 2026, 11:03 AM UTC), or 2.7634 USD. Shop prices are higher because of the dealer's premium.
A Silver war nickel weighs 5.0000 g at a fineness of 350.0 ‰, so it contains 1.7500 g of fine silver (0.056264 troy oz).
The metal value covers the gold or silver only. Retail prices add minting costs, the dealer's margin and sometimes workmanship, and buy-back prices are usually a little below the metal value.
Prices as of Nov 1, 2026, 11:03 AM UTC