The 1943 nickel is part of the Jefferson nickel coin series that was made after replacing the buffalo nickel in 1938. The 1943 nickel coins are five-cent coins and have importance for collectors. The main factor that makes these coins important is the 2nd World War. These coins are of higher value and more important for collectors than other coins of this series and have a value factor based on conditions and mint marks. So let’s get started with the value of 1943 nickels.
1943 Nickel Value Chart
| Good (G-4) |
Very Good (VG-8) |
Fine (F-12) |
Very Fine (VF-20) |
Extremely Fine (EF-40) |
About Uncirculated (AU-50) |
Uncirculated (MS-60) |
Uncirculated (MS-65) |
|
|
1943 P Jefferson Nickels
|
$2.49 | $2.80 | $3.40 | $4.24 | $4.50 | $5.81 | $8.09 | $25 |
|
1943 P Jefferson Nickels 3 Over 2 Value
|
$25 | $38 | 43 | $60 | $121 | $203 | $338 | $774 |
|
1943 D Jefferson Nickels
|
$2.18 | $2.80 | $3.40 | $4.24 | $5.81 | $7.07 | $9.41 | $25 |
| 1943 S Jefferson Nickels | $2.18 | $2.80 | 3 | $4 | $5 | $5.81 | $8.09 | $25 |
|
1943 P Jefferson Nickels : Doubled Eye
|
$23 | $25 | 30 | $38 | $60 | $80 | $152 | $545 |
1943-P Nickel Value
The 1943 P minted nickels are about 271,165,000 made, and these coins also come with a P mint mark. Normally, coins made at the Philadelphia mint do not have a mark.
The value of 1943 nickels for circulated conditions is about 2 dollars, and uncirculated coins are about 2 to 70 dollars based on conditions and grade.
MS68 grade coins are about 850 dollars. In 2013, MS64 1943 nickels sold for $9400.
The 1943 P nickels coins that have the full steps visible from 5 to 6 steps can be the normal value of 8 to 900 dollars. MS68 grades are about $12,000. These grade coins sold in 2020 for $14,688.
1943 S Nickel Value
S mint also made 1943 nickels, and these coins have an S mint mark. There were about 104,060,000 nickels made. These coins have a lower mintage than the Philadelphia-minted coins. Circulated coins are valued at about 2 to 8 dollars, and uncirculated coins are valued at about 8 to 40 dollars. MS67 grade 1943 nickels are about 90 dollars.
Full steps 1943 S nickels are high value, and they have a value of about 35 dollars in MS64 grade, and MS67 are 400 dollars.
The 1943 S MS68 grade full band coins sold in 2017 for $9000. MS65 1943 S coins are about 15 dollars. MS68 Full S has a value of about 1500 to 2900 dollars. A 1943 S MS 68 nickel sold for $3,600.
1943 D nickel value
The Denver mint made about 15,294,000 coins in 1943 with the D mint mark. The value of 1943 D minted coins for circulated conditions is about 2 to 5 dollars. Mint state coins are about 6 to 80 dollars.
The 1943 D full step nickels are about 8 to 120 dollars. MS68 grade coins are about 7000 dollars, and that sold in 2020 for 6600 dollars.
1943 Nickels coins with double die have a value of about 20 dollars. The errorless 1943 D MS68 graded coins sold for 840 dollars, and MS68 1943 D coins sold for $5,170.
1943 Nickel Error List
Wrong Planchet Error
In this error for nickel coins, the wrong die was used to strike the coins and make different weights of coins. The normal weight of coins is about 5 grams, and with pennies, the die used makes coins three grams.
The 1943 S silver nickel with this error sold for 3000 dollars and MS62 for 4900. The 193 S mS65 grade with 2.8 grams sold for about $20,000!
1943/2-P Nickel (3 Over 2) Overdate Error
This error is the result of minting with an older date die. The 1943 nickel comes with the number 3 on the 2 on the front side. The value of these coins is in the range of 30 to 200 dollars, and good-condition coins are about 300 to 900 dollars.
MS67 grade coins with this error are about 1600 dollars, and MS68 coins sold in 2001 for 4300 dollars.
Full step error coins are about 4800 dollars.
Doubled die obverse error
This error occurs in the eye of the president on the front side as a result of the movement of the die at the time of striking and makes a double strike error. So a doubling effect can be seen on Jefferson’s left eye.
This error is easily seen, but some need a magnifying glass for checking the error. The value of these error coins is in the range of 40 to 850 dollars. Coins with full steps are about 400 to 6500 dollars.
The MS67 1943 double die obverse nickel sold for 3738 dollars in 2006.
10% Off-Center Error
The blank disc made coins known as planchet that are punched out from a sheet. Planchet in some conditions moves during the strike and makes off-center errors that make some parts of coins left blank and not have complete design printing. The XF45 grade coins sold in 2022 for 180 dollars.
D/D RPM Error
In this error during mint mark striking on coins, the mint mark is not accurately added to the coins, and again, a double strike occurs on the coins, making the D/D repunched mint mark error that is seen on the 1943 D minted coins. The MS66 5 FS grade error coins are about 250 dollars.
Nickel Struck on a Cupronickel Planchet
The Jefferson nickel coins are made with 75 percent copper and 25 percent nickel, and this composition is used for other years coins, but war nickels have a composition of silver. The 1943 S nickel made with clad has a high value and sold in 2008 for 1840.
History of the 1943 Nickel
Jefferson nickels made after replacing buffalo nickels in 1938 and 1943 nickels are also Jefferson nickels. The 1943 nickel, also called the “silver nickel, is part of nickels made from 1942 to 1945.
The US mint makes these coins as five-cent coins. Jefferson nickels were made by Felix Schlag, and he won the contest for 1000 dollars.
The 1943 year was the 200th anniversary of the birthday, and the coin design comes with a photo of President Jefferson.
The 3 mints made these coins with mintage as
| 1943 NIckel | Minted |
| 1943 P nickel | 271,165,000 |
| 1943 S nickel | 104,060,000 |
| 1943 D nickel | 15,294,000 |
| Total | 390,519,000 |
Features of the 1943 Nickel
Obverse of the 1943 nickel
The front side of the nickel comes with a photo of Thomas Jefferson facing left. The motto IN GOD WE TRUST is also written, and the word LIBERTY. The minting date, 1943, is also mentioned there.
Reverse of the 1943 nickel
The backside of 1943 nickels comes with a portrait of Jefferson with mint marks, P, D, and S also seen on this side. The backside of coins also comes with the motto E Pluribus Unum,Monticello, the five-cent denomination, and the country name, the United States of America.
Some other features of 1943 nickels are as
- The 1943 nickels come with a dimension of 21.21 mm in diameter and a thickness of 1.95 mm.
- The weight of coins is five grams.
- The composition of coins is 56 percent copper, 35 percent silver, and 9 percent manganese.
- These coins are smooth-edged and punched with an extra-large mint mark.
| Face value | Five cents |
| Diameter | 0.83504 inches |
| weight |
0.16075 troy ounces
|
| Edge | Plain |
| Coin thickness | 0.07677 inches |
| Shape | Round |
| Compound |
35% silver, 56% copper, 9% manganese
|
| Silver weight |
0.05625 troy ounces
|
FAQ
What is the value of a 1943 nickel?
- The low coins 1943 nickels are about 1 dollar in melt value according to the coins’ weight of silver, which is 1.75 grams. The MS65 grade nickels are about 25 dollars. High grade with full steps are high value. MS65 1943s are about 20000 dollars.
Is a 1943 nickel rare?
- The nickels coins made from 1942 to 1945 are rare and high value, and these coins come with silver content that makes these coins high value. The 1943 nickels are high value and rare since they have Jefferson’s bicentennial nickels.
What Is The Melt Value Of A 1943 Nickel?
The value of a 1943 nickel is about 1.40 dollars. Their face value is 0.05 dollars. Fine-grade coins are 2.75 dollars.
Which 1943 nickels are valuable?
| Mint Mark | Grade | Error | Sold for | Sold at |
| P | MS 67 | Full Steps, 1943/2 error | $16,675 | June 26, 2008 |
| P | MS 68 | Full Steps | $14,688 | July 16, 2020 |
| P | MS 67 | Full Steps, DDO | $11,500 | April 1, 2009 |
| S | MS 64 | – | $9,775 | August 14, 2006 |
| P | MS 64 | – | $9,400 | November 1, 2013 |
| S | MS 68 | Full Steps | $9,000 | February 1, 2017 |
| D | MS 67+ | Full Steps | $6,600 | March 25, 2020 |
| P | MS 68 | 1943/2 error | $4,300 | May 2, 2001 |
| P | MS 67 | DDO | $3,738 | August 16, 2006 |
| P | MS 66 | DDO | $1,925 | January 8, 2023 |
| D | MS 64 | – | $1,840 | December 4, 2008 |
| D | MS 67 | RPM, D/D error | $995 | October 21, 2021 |
| D | MS 67 | Full Steps, RPM, D/D error | $725 | April 17, 2021 |
| P | MS 66 | Full Steps, DDO | $720 | January 15, 2020 |
| P | MS 66 | DDO | $650 | December 17, 2022 |
What is value of 1943 P nickels?
- The value of a 1943 P nickle is about 2 dollars, and mint state is about 70 dollars. MS68 grade sold for 900 dollars. Full step 1943 P nickels are about 250 dollars. MS68 can be about more than $ 10,000.
What Jefferson nickels are high value?
| Valuebale NIckel | Mint Mark | Grade | Error |
Sold for
|
| 1954 | S | MS 67 | Full Steps (FS) | $35,250 |
| 1969 | D | MS 65 | Full Steps (FS) | $33,600 |
| 1940 | – | PR 68 | Reverse of 1938 error | $28,750 |
| 1939 | D | MS 68 | Reverse of 1940 error, Full Bands | $26,400 |
| 1938 | D | MS 68+ | Full Steps (FS) | $33,600 |
| 1964 | – | SP 68 | SMS, Full Steps | $32,900 |
| 1949 | D | MS 67 | D/S error | $32,900 |