A 1964 Jefferson nickel accommodates 35% silver, equal to 0.05626 troy ounces of pure silver. This composition differs from nickels minted after 1964, that are composed primarily of copper and nickel. This particular 12 months marks the tip of silver being a major factor of the five-cent piece in United States forex.
The silver content material of those cash makes them extra beneficial than their face worth. This elevated worth stems from each the intrinsic worth of the metallic itself and the numismatic curiosity in cash from this transitional interval. Collectors typically hunt down well-preserved examples, additional driving their market worth above the soften worth of the silver they comprise. This historic shift in metallic composition supplies a tangible hyperlink to a selected period of U.S. coinage.