Supplies of nickel - a strategic metal - grew short during the World War II. The metal was crucial for the manufacture of certain weapons and military equipment, and the shortage prompted changes in US coinage. Beginning in the middle of 1942 and through the end of the Great War, the 5 cent coin was produced from an alloy of 35% silver, 56% copper and 9% manganese. The "nickel" actually had zero nickel content.

Today these coins are a great way to buy silver. They offer a combination of historical interest and very low premiums. Many investors are looking for metal with higher purity. For those who care less about purity and focus only on the cost per ounce of the silver they buy, these war nickels are hard to beat. The buy price of these nickels is determined based only upon the actual silver content. The copper and manganese content is excluded in the price calculation - buyers essentially get those metals as a bonus.

Every dollar face value (20 coins) contains 1.125 troy ounces of silver.



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