PCGS: The Standard for the Rare Coin Industry

1942-P 5C Type 2 (Regular Strike)

Series: Jefferson Five Cents 1938-1964

PCGS MS68

PCGS MS68

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REVERSE COMPARISON

REVERSE COMPARISON

PCGS MS68

PCGS MS68

PCGS #:
4016
Designer:
Felix Schlag
Edge:
Plain
Diameter:
21.20 millimeters
Weight:
5.00 grams
Mintage:
57,873,000
Mint:
Philadelphia
Metal:
56% Copper, 35% Silver, 9% Manganese
Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 6,000,000 R-1.0 4 / 14 TIE 12 / 82 TIE
60 or Better 195,000 R-1.9 4 / 14 TIE 16 / 82 TIE
65 or Better 93,000 R-2.0 5 / 14 32 / 82 TIE
Survival Estimate
All Grades 6,000,000
60 or Better 195,000
65 or Better 93,000
Numismatic Rarity
All Grades R-1.0
60 or Better R-1.9
65 or Better R-2.0
Relative Rarity By Type All Specs in this Type
All Grades 4 / 14 TIE
60 or Better 4 / 14 TIE
65 or Better 5 / 14
Relative Rarity By Series All Specs in this Series
All Grades 12 / 82 TIE
60 or Better 16 / 82 TIE
65 or Better 32 / 82 TIE

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS67 PCGS grade
1 MS67 PCGS grade
1 MS67 PCGS grade
1 MS67 PCGS grade
1 MS67 PCGS grade
1 MS67 PCGS grade
1 MS67 PCGS grade
1 MS67 PCGS grade
1 MS67 PCGS grade
1 MS67 PCGS grade
#1 MS67 PCGS grade
#1 MS67 PCGS grade
#1 MS67 PCGS grade
#1 MS67 PCGS grade
#1 MS67 PCGS grade
#1 MS67 PCGS grade
#1 MS67 PCGS grade
#1 MS67 PCGS grade
#1 MS67 PCGS grade
#1 MS67 PCGS grade
Ron Guth:

In 1942, the war effort required large amounts of nickel for munitions and materiel. To help with this effort, the mint reduced the amount of nickel used in the Jefferson Five Cents and replaced it with silver. Thus, beginning in 1942, the composition of the "Nickel" went from 75% copper and 25% nickel to 56% copper, 35 % silver and 9% manganese. This resulted in a "Nickel" of a slightly brighter color. To differentiate the new alloy, the mint placed a large mintmark on the back of the coin, and began using a large letter P for Philadelphia, a D for Denver, and an S for San Francisco. The proeblem with the new "Nickels" was that they turned a greenish color after being in circulation; however, this did not prevent the Mint from issuing them all the way through 1945, after which the "Nickels" returned to their pre-war composition.

The 1942-P "Silver" Nickel is a very common coin in both circulated and Uncirculated grades. Even Superb MS-67 examples are somewhat plentiful, though they do become scarce with Full Steps on the reverse. None have been graded finer than MS-67 by PCGS, either with or without Full Steps. In Gem condition, the 1942-P Silver Nickel is a joy to behold, as they come bright and flashy, with the soft luster that only silver can impart.