The 1944 Jefferson nickels have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.

1944 nickel

Specifications

Type: Jefferson Nickel
Year: 1944
Face Value: $0.05
Composition: 56% copper, 35% silver, 9% manganese
Silver Weight: .05626 oz.
Total Weight: 5 grams
Current Silver Bullion Value: $1.32

The US minted the 1944 P nickel, 1944 D nickel, and 1944 S nickel. These coins are also known as war nickels. The mint mark can be found on the reverse side of the coin above the Monticello image.

Series Location Quantity Minted
1944 P Philadelphia 119,150,000
1944 D Denver 32,309,000
1944 S San Francisco 21,640,000

Value

This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $1.32 as of September 29, 2020. This melt value is calculated from the current silver spot price of $23.49 per ounce.

The 1944 P nickel is worth around $2 in very fine condition. In extremely fine condition the value is around $2.50. In uncirculated condition the price is around $7 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $30.

The 1944 D nickel is worth around $2 in very fine condition. In extremely fine condition the value is around $2.50. In uncirculated condition the price is around $6 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $25.

The 1944 S nickel is worth around $2 in very fine condition. In extremely fine condition the value is around $2.50. In uncirculated condition the price is around $5 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $22.

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Grading System

Very fine- The second pillar from the right on the Monticello building is plain and complete on both sides.

Extremely fine- Jefferson's eyebrow, cheekbone, and hair lines are well-defined but slightly worn.

MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.

MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.

 

Sources:

The Red Book


See also:

1945 Nickel
1943 Nickel
1942 Nickel