Free: Jefferson Nickel 1967 - Coins - Listia.com Auctions for Free Stuff

FREE: Jefferson Nickel 1967

Jefferson Nickel 1967
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Description

The listing, Jefferson Nickel 1967 has ended.

A bit of History about the Nickel.

With the entry of the United States into World War II, nickel became a critical war material, and the Mint sought to reduce its use of the metal.

On March 27, 1942, Congress authorized a nickel made of 50% copper and 50% silver, but gave the Mint the authority to vary the proportions, or add other metals, in the public interest.

The Mint's greatest concern was in finding an alloy that would use no nickel, but still satisfy counterfeit detectors in vending machines.

An alloy of 56% copper, 35% silver and 9% manganese proved suitable, and this alloy began to be coined into nickels from October 1942.

In the hope of making them easy to sort out and withdraw after the war, the Mint struck all "war nickels" with a large mint mark appearing above Monticello.

The mint mark P for Philadelphia was the first time that mint's mark had appeared on a US coin.

The prewar composition returned in 1946; all nickels struck since then have been in 75% copper and 25% nickel.

In 1966, a small change was made to the design to add the initials of the designer (FS) to the obverse, underneath Jefferson's portrait.

In commemoration of that change, two specimen 1966 nickels with the initials were struck and presented to him.

Coins struck at any mint between 1965 and 1967 lack mint marks, which were omitted as the Mint replaced the silver circulating coins with copper-nickel.

Beginning in 1968, mint marks were again used, and on the nickel were moved to the lower part of the obverse, to the right of Jefferson's bust.

From 1971, no nickels were struck for circulation in San Francisco—the 1971-S was the first nickel struck in proof only since 1878.

Awesome history lesson huh! This is the exact nickel (as is) that you will receive. You grade it!

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Questions & Comments

Jefferson Nickel 1967 is in the Collectibles | Coins category