40% Junk Silver and 35% Silver War Nickels
In addition to ninety-percent junk silver coins, you can also opt for
40% silver Kennedy half dollars
or 35% silver “War Nickels.”
During the Second World War, the U.S. government diverted its supply of nickel to industrial processes for
the war effort. Believe it or not, as a result Jefferson five cent coins were minted from 35% silver instead of
nickel. These “War Nickels” were produced from 1942-1945 and are distinguished by having a P, D, or S mintmark
above the Monticello building on the reverse.
From 1965-1970, after the U.S. government halted production of 90% silver coins, the new Kennedy half dollars
were the only silver coins produced by the U.S. Mint for circulation. These half dollars were copper clad but
contained 40% silver. (Kennedy halves containing 90% silver were only minted in 1964, the design's first year
of issue.) Then, in 1971, President Richard Nixon took the United States off of the “gold standard” for good,
replacing all circulating U.S. silver coinage with fiat currency.