Over 1.4 million 1924-S Buffalo Nickels were created. Im a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. With over three million 1927-S Buffalo nickels minted, this hardly qualifies this coin as rare or scarce. These are usually the most expensive nickels you can find. A particularly rare example to find with full steps, the 1953 issue of the Jefferson nickel from the San Francisco Mint can be very valuable. But youll need to make sure they are in excellent condition to get top dollar, shoot for grade 65 or higher. One premium condition example of the 1964 nickel sold for $32,900 in 2016, equal to about $39,600 in 2022 dollars. On the other hand, Buffalo nickels are very popular, but I still In 1943, the US was in the middle of World War II, and copper needed to be reserved for the war efforts. Your 1944 nickel might be worth thousands of dollars depending on the coins grade and condition. All this talk about nickel values and bullion metal prices might have you wondering what it costs to make a Jefferson nickel from scratch. My love for coins began when I was 11 years old. These are the 3 types of nickels you should be saving: All the Jefferson nickel valueslisted below are for coins in average circulated condition. Most Proof coins in this series had production runs of approximately 1,000 coins. Only 16,000 were made for circulation. Uncirculated variations of the nickel sell for hundreds of thousands, including a record $276,000 sale in 2008 for a 1926 doubled die coin in mint condition. Lets now look at some common questions regarding the 1944 nickel. These rare dimes may be small, but their values are mighty, including one that's worth more than $1 million. Very few are in good enough shape to show the steps. If you've got a few Jefferson nickels in your pocket, give them a closer look. You can purchase a well-circulated coin from a reputable coin dealer for just a few dollars. While the coins design has remained relatively unchanged, the nickels metal composition has changed over the years. Some have a value of $1 or more, and a few are even worth more than $10. The 1944 nickel was struck at the mints in Philadelphia, Denver, and San Francisco. The mint changed the design to include that important word so that fraudsters couldnt try to pass them off for 5 dollars instead. A grading scale of 1 to 70 is also used to value coins, with 1 being the lowest and 70 being the highest. The 1944 P nickel value for circulated coins is between $1.25 and $3. Many years of nickels are worth money, but the 1913 Liberty Head V is the most valuable nickel. Its an American 5-cent coin thats been in use since 1866. In early 2018, it seems some of the Buffalo nickels were first struck with a 1917 die, then again with the proper 1918 one. 1920 D Buffalo Nickel. For those coin collectors who are not familiar with the Shield nickel series, the 1880 specimen may come as a surprise. Step 2: Grading Condition - Comparing to images of different grades, recognize the quality in demand and awarded premium value. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. The rarest Jefferson nickel in terms of the original minting, the 1950 issue from the Denver Mint was under three million minted. There are millions upon millions of nickels that have been created throughout the history of the United States. The Sunrevealedthe most valuable coins minted since 2020. Silver nickels such as the Liberty Head Nickels There are thought to be ten or fewer examples today, and back in 2004, one sold for $132,250, or $202,400 in 2022 dollars. The silver melt value for each coin is $1.16 as of February 26, 2023. ; Records have also been broken in 2021 for the 1964 Nickel D/D grade MS65 selling for Jefferson nickels have been around for a long time, and they're in almost any handful of pocket change. All told, the U.S. Mint produces an average of 12 to 15 billion coins each year and the more they make, the lower the production costs per coin tend to be. Sold: April 2008; Bowers & Merena, The April 2008 Chicago Rarities Sale. However, to find the most expensive nickel ever minted, you'll have to look slightly further back in US history. 16. In this section, well look at the physical attributes of the 1944 nickel. The nickel used to make the coins was diverted for war purposes. In other words, a Good condition coin will be worth less than an Extremely Fine or Uncirculated one. More than 15,000 1916 nickels minted in Philadelphia still exist, but only about 400 have doubled die errors, according to PCGS. A 1926-S coin in mint state sold for a record $322,000 at an auction in 2008, and circulated variations of the coin can sell for up to $5,000. One sold in 2014 for $23,500. Of all the denominations in circulation, nickels provide you with the best chances of finding old and valuable coins in your pocket change. Copper prices have been up, and so, too, are nickel values. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! The finest known example sold in 2013 for $18,800. Certain coins gain and retain significant value over time, and collectors will pay top dollar for some coveted pieces. The Liberty Head nickel is surrounded by controversy from its very beginnings. If we had a time machine and could go back to 1913, maybe it would be worth it to find out who struck the Liberty Head V nickels and ask them to make a few more for you. WebYes, silver nickels are worth money. At one time, a nickel could buy a bag of candy at the corner store or an ice cream cone on a hot summer day. This nickel wouldnt win contests for drawing within the Iines, but thats what makes it so special. All products featured in this article are independently selected by our editors. It is important to differentiate between post-mint damage, which is not worth anything, and mint-related errors, which can be worth thousands of dollars. Buyers must be extremely cautious when purchasing these coins because unscrupulous people have shaved off the front leg on a regular 1937-D Buffalo nickel. The deep cameo is hard to find, especially for 1953, and it's even rarer in exceptional condition. From the beginning, the odds were against any large number of these coins being saved in uncirculated condition. The 1913 Liberty Nickel is not only the rarest nickel in the world, it is one of the most valuable coins ever. There are only five known 1913 Liberty Nickels and in May 2007, one was sold for nearly $5 million! This mistake at the mint has turned into one of the most highly sought-after nickels worth millions. 1941 Proof Minting - $18,800 Although 18,700 proof Value of these silver nickels is further based on collector interest. The word MONTICELLO appears across the coin at the bottom of the mansions staircase. They are readily available in circulated grades but very rare in well-struck high grades. Full steps coins are extremely hard to find, and the 1952 issue from the Denver Mint is especially coveted by collectors. At that price, a typical nickel is worth 16 cents in melt value. 1913 Liberty Nickel: The Most Valuable Nickel in the World, Got Rare Nickels? Even amid an economic downturn in 2008, an MS-67 grade example sold for a whopping $138,000, or about $185,300 in 2022 dollars. This post may contain affiliate links. So, I know this is the part youve probably been waiting for what are yourold nickels worth? That happened in 1940 when the 1938 die was used for a few nickels. The only difference is that the mint mark is larger and placed above the Monticello image. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! The 1964 Jefferson nickels are worth the most. They may look like the other nickels in your pocket, but these rare and valuable Jefferson nickels all have something extra special. Not all 1942 nickels have the large mintmarks over Monticello. The face value isnt always telling the truth anymore. Uncirculated 1944 P Jefferson nickels in mint condition are plentiful, but the true gems are fairly scarce. The Most Valuable Nickels toCheck for in Your Change Jar. Schlag took four weeks to perfect the coins design which featured President Thomas Jeffersons profile as depicted in a Gilbert Stuart image on the obverse and the Monticello on the reverse. Your chances of findingvaluable nickels in everydaypocket change are pretty good much like your odds of finding valuable pennies. In 2012, one sold for $48,875 at auction, equivalent to $61,550 in 2022 dollars. This created a lot of hype and demand and that has never died over the years. The Mint asked for several changes to the Monticello design, but after the final design and minting, Schlags design was used for sixty years. Silver nickels were made from 1942 through 1945 and have a large mintmark over the dome of Monticello on the reverse. Currency is the thing that keeps the world running on almost every level. More than 50million nickels were minted in the US in 1926. Mint state silver nickels are a challenge to advanced collectors. However, in 1867 only 25 Proof coins were minted, with no more than 10 of them surviving today. This comes at no extra cost for you and supports our team to create more content. 1913 Liberty Head V Nickel - Worth $4,408,650. It measures 21.2mm in diameter and weighs 5 grams. This may be why so few uncirculated examples were saved for coin collectors. Dr. William Herbert Sheldon created this scale in 1948 based on the idea that a coin with a 70 rating is worth 70 times more than the same coin rated 1. All rights reserved. Distinct full steps coins are extremely rare for this reason, and it's very uncommon for one to survive in nearly uncirculated condition. Some researchers speculate that unscrupulous mint workers used Liberty Head nickel dies that were intended to be used to produce Liberty Head nickels in case the Buffalo nickel dies were not ready in time for production in 1913. Since its inception, the coin comprised 75% copper and 25% nickel. We also listed themost valuable dollar coins, I'm a lawyer - AT&T may owe you money in a $60m deal but you must act fast, Subway makes two major changes to the way you get your sandwiches, I found a 25 cent item thrifting at Goodwill - it sells for $50 on eBay, Kroger confirms unavailable essential discontinued across the whole of US, 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, These five-cent pieces have sold for at least $250,000 at auction, The 1913 Liberty Head nickel was the last five-cent piece produced with this design before the US Mint started using the Buffalo coin, The 1918 year marking is slightly distorted on this coin, meaning it's actually a rare misprint, The tiny mark beneath the words "five cents" is an S, indicating this coin was made in San Francisco, This coin does not have a mintmark showing where it was produced, but it was made at the Philadelphia Mint. Why would the U.S. government spend millions even billions of dollars making a bunch of coins if Americans are simply going to melt them down? 1935 Buffalo Nickel PCGS MS63 DDR FS-801 (FS-018) 5c Well start by looking at the history of the nickel. A highly collectible mint mistake is the 1943/2 Jefferson nickel. Coins Signature Auction, Orlando, FL. This is a valuable coin that serious collectors are willing to bid high on if the condition is good. In the collecting world, the fact that these little mistakes slipped through means big money. The 1944 P nickel value for circulated coins is between $1.25 and $3. 1913 was the year when the nickel design was switched to the Buffalo nickel. A very fine example of the 1938 Jefferson nickel from the Denver mint fetched $33,600 at auction in 2022. In addition, its natural toning around the rim enhances its beauty and appeal to coin collectors. Errors dont happen too often at places where currency and coins are created, so this has become a collectors item and the 1937 versions even more. The rarer the nickel is, the more valuable it is. The Jefferson nickel from 1944 comprises 56% copper, 35% silver, and 9% manganese. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! 1940 Jefferson nickel $1,314 The 21 most valuable nickels 1885 Liberty Head V Nickel: $3,800 When the Liberty Head nickel design was first released in 1883, the word cents was omitted from it. Advertise a display every week and get a monthly 10% discount. Some of the most valuable nickels came from the Buffalo series, which saw the animal on the reverse, or tails side of the coin from 1913 to 1938. The 1918-S Buffalo nickel is yet another example that was produced in somewhat low quantities, but the true rarity is because most are not well struck. Examine them for the following signs of a rare coin: Even though you might not have a Jefferson nickel worth thousands of dollars, you could still have a valuable five-cent piece. Coin dies - the metal pieces used to imprint emblems on coins - typically strike coins multiple times to ingrain the image or text. Millions of the 1944 Jefferson nickels are still in circulation, and this coin can be ranked low on the rarity scale. Generally speaking, coins that appear more worn will be worth less than coins that are in better condition. 5.) To buy the food we eat, the house we live in, and the things we do. If it doesnt make you go cross-eyed, perhaps you can pick one up. But, a nickel from the same year in which at least 50% of the design is missing but the date is fully visible, is worth $100 or more. Work on memorizing this list of years and you might be able to identify some valuable nickels easily. While the Denver nickels hold some value and are worth upwards of $100 in circulated condition, the 1926-S nickel is a prized key date coin. Of all the Buffalo nickels ever produced, the production run at the San Francisco mint in 1926 yielded only 970,000. By recessing the denomination below the Buffalo, the mint corrected the problem of the denomination prematurely wearing off the coin. 1926 S Buffalo Nickel - Worth $7,600. Another example of a coin being stamped with the reverse design of a different year, the 1939 Jefferson nickel with a reverse of 1940 is a valuable coin, especially in excellent condition. Step 3: Special Qualities - Collectors support the value to old coins. The perfect mix of modern luxury business and lifestyle stories. This overstamping makes the D over S nickel rare, and it's especially rare in the full steps version and near mint condition. The rarity of this nickel is all based on its condition. The reverse side of the 1944 nickel prominently features Jeffersons mansion, which he named Monticello. Maybe it was that the dies had eroded and were not replaced, or perhaps they were set too far apart. Next up: Most Valuable Dimes A List Of Silver Dimes & Other Dimes You Should Hold Onto! Couple this with the fact that the mint changed the reverse design by removing the decorative rays in between the stars further adds to the low production numbers for this coin. As it would turn out, human error reared its ugly head in this process and these 1942 nickels are the result. So, the news about nickels being worth more than face value. Find Out If You Have Any. This scale has been incorporated into the modern Professional Coin Grading Services (PCGS) and Numismatic Guaranty Corporations (NGC) rating systems. Off-centers are quite interesting errors that feature a misaligned or missing design. Sold: April 2008; Bowers & Merena, The April 2008 Chicago Rarities Sale. Usually, coins struck in Philadelphia do not have a mintmark, and 1944 was the first year the P mintmark appeared on nickels. It is worth noting that Jefferson nickels with all the steps on the Monticello entryway showing are highly desirable. Whys that?The Jefferson nickel has been in circulation since 1938, and it remained mostly unchanged until 2004. Transform vintage shutters into stunning decor for your home with these easy and creative ideas. 2005 Nickels Worth Money. The first D, for Denver mint, was placed horizontally, and then punched again on the die, creating valuable rare nickels wanted by collectors. But at the San Francisco Mint, just 970,000 1926 nickels were made, and just 11,000 still exist today, according to PCGS. The Philadelphia mint struck 119,150,000 Jefferson nickels in 1944. In fact, the most valuable Jefferson nickels are worth thousands of dollars. Sold: July 2008; All rights reserved. Nothing is more eye-catching to a coin collector than seeing a Proof coin. Buffalo Nickels. You can rest assured that your nickel from 1944 contains some silver. Any interesting history also plays a role, which is why youll find war-period nickels to be slightly more valuable on average. You can see the doubling of the last two digits on the date as evidenced by a duplicate set of numbers offset to the right of the original digits. Most coins minted in San Francisco in the 1940s were poorly struck, and the 1944 Jefferson nickels were no exception. Like the 1918 nickel, some variations of the 1916 Buffalo five-cent piece contain errors. In 2021, a collector netted more than $13million by selling a 1913 Liberty Head along with an 1804 dollar and an 1894 dime. Check the coins reverse, and you should identify the prominent Monticello mansion on all silver war nickels. That year, the Philadelphia, Denver, and San Francisco mints struck the Jefferson nickels, resulting in three varieties. 7Most Valuable Star Wars Trading Cards Worth Thousands. The result is a doubling or tripling of the design, with each impression appearing at a slightly different angle. A 1964 nickel is worth about $5 on the market today. If you can get your hands on one of these valuable nickels, be ready to grab your wallet. New and beginning collectors find the circulated pieces affordable and base collections on nice examples. In 1917 World War I was raging in Europe and manufacturing processes were gearing up to produce war goods. 16. The San Francisco mint struck 21,640,000 Jefferson nickels in 1944. Coins from before 1965 are made of 90% silver, and are worth more than their face value in regards to their metal content. If you were smart you'd trade that nickel in for 5 pennies. As of today, circulation grade 1944-S nickels are worth very little; they are certainly worth more than face value, but their average value is between $1.25 and $4. Its really simple to tell a silver wartime nickel from a regular nickel. These coins are very rare, with only eight examples known; however, they're also very easy to miss. Ive contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. This was the year they removed the rays from the die, but some still got through with the rays. Sold: November 2009; Bowers & Merena, The November 2009 Baltimore Auction. Finding rare nickels in your loose change just might make you thousands of dollars richer. Rare vinyl can be worth its weight in gold. It will tell you the current price of nickel today. My love for coins began when I was 11 years old. One with almost no flaws and beautiful rainbow patina rings sold for $15,275 in 2017. It is clear that the Philadelphia facility produced a large number of Jefferson nickels in 1944, and most were released into general circulation. If you're looking for an extremely well-struck example in a gem uncirculated grade, you will have to pay the price that only an advanced collector can afford. Aside from using worn dies, the mint also devised a mechanism for striking more coins by mounting two dies on one press. Value: $138,000. An example in mint condition with full steps sold in 2006 for $32,200. Get expert tips for collecting and caring for your Depression glass. Rob Paulsen Coin 1944 Nickel Value (Rare Errors, D, S & P Mint Marks). The repunched mintmark error is very common among 1944 nickels struck in Philadelphia, Denver, and San Francisco. The 1920-D Buffalo nickel has a reasonably low mintage at slightly less than 10 million coins. The existing examples only have minor doubling, but these rare coins are worth between $25 and $100, but it is common for doubled die nickels to fetch more. 6.) One in amazing shape sold for $32,900 in 2014. 1881 Shield Nickel - Worth $4,000. There are only five known examples, and this one is the finest graded by any of the third-party grading companies. On the 1944 nickel, the obverse features the left-facing portrait of President Thomas Jefferson adorned in a wide-collared tuxedo with his hair held back in a low ponytail. When the Liberty Head nickel design was first released in 1883, the word cents was omitted from it. This coin possesses all the qualities that make it a great rarity and commands such a high value. James Bucki is a nationally-recognized coin collector and numismatic expert and author, sharing his knowledge and specialized training in coin grading, minting errors, and collection techniques. If boots were made for walking, then these valuable vintage sneakers were made for storing. Well touch on the coins history and its physical characteristics. No matter the case, you now know the most valuable nickels to look out for and can start your journey to collecting these valuable coins. The 1913 Liberty Head nickels are among the best-known and most sought-after US coins in existence. The die used for many of the 1919-S Buffalo Nickels that came out of the San Francisco mint had a sloppy appearance and were struck poorly. Watch our for counterfeits, but in 2015 a prime example of the 1937-D Buffalo Nickel Three Legs sold for $88,125, equal to $107,500 in inflation-adjusted 2022 dollars. Although 1953 nickels from the Denver Mint aren't rare, those with full steps are less common. While there are a lot of different nickels on this list, one thing is clear. However, the cost to make a penny or a nickel is generally offset by the profit the U.S. Mint makes in striking dimes, quarters, and other coins. Did you know that nickels are worth more than their face value right now? We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Only about 19 with this finish exist, probably part of an unofficial mint set. Check your collection for these valuable Topps Star Wars trading cards from the original film series. You can identify these coins by the large P appearing on the reverse at the top of the Monticello mansion. Real Experiences. They can be worth up to $11,100 if in exceptional condition. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. A small number of nickels produced in Denver in 1918 contain an error that the US Mint tried to hide. So what makes some the most valuable nickels to look out for? Most Valuable Nickels Worth Money A coin valued at five cents was the first official coin of the United States (in 1792), but nickels did not appear in the U.S. until The war nickels have the same design as the pre-war Jefferson nickels. Conventional wisdom guides many coin collectors and bullion stackers into looking for and saving only silver coins: But those silver half dollars and silver dollar coins are pretty tough to locate anywhere outside the shop of a coin dealer these days. The reverse die used to create it was polished a little too hard, and the iconic buffalo is missing a leg because of it. They mostly entered circulation, but one near mint condition example fetched $14,950 at auction in 2010. Continue with Recommended Cookies. Its what allows us the ability to trade our work for things we need. With only about 200 known, this coin is quite scarce. Ive authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! I primarily collect and study U.S. coins produced during the 20th century. These imperfections must have been substantial because the worker polished the die beyond usual standards. The war nickels have the same design as the pre-war Jefferson nickels. Those costs may have gone up more recently due to rising base metal values. Liberty Head or V-Nickel values are slightly more in line with what you would expect for coins of that period, but expert numismatists believe they are undervalued. They also think that there are a lot of errors and die varieties still to be found in this series since other coin types from this period exhibit many exciting varieties. WebThese coins were made entirely from silver, and were much smaller. The Jefferson coins have quite an interesting history, but more important is that these coins are worth more than face value. A Few of These Nickels Are Worth a Small Fortune. Prime examples are some of the most expensive nickels around. There, the die was used to stamp the nickel but then overstamped with a D to indicate the mint. Not the kind that show up at random in your pocket change each day. So, when one of these true gems crosses the auction block, it always brings many bidders and fierce competition. The 25 Most Valuable Nickels & How Much Theyre Worth. A high-grade uncirculated example is valued at $22,400 today, making it onto our rare nickels list. Rarer the nickel used to imprint emblems on coins - typically strike coins times... The circulated pieces affordable and base collections on nice examples over S nickel rare, those full! Closer look ugly Head in this process and these 1942 nickels are still in circulation since 1938, and Francisco. This may be why so few uncirculated examples were saved for coin collectors pre-war nickels. P mintmark appeared on nickels can be worth thousands of dollars very rare in the world, it brings... 1883, the 1950 issue from the Denver mint is especially coveted by.! Familiar with what nickels are worth money Shield nickel series, the news about nickels being worth more their! American 5-cent coin thats been in use since 1866 named Monticello was diverted for war purposes worth more than value... Ranked low on the reverse side of the most valuable nickels toCheck in. Coins is between $ 1.25 and $ 3 Jefferson coins have quite an interesting history, but true... A slightly different angle saved in uncirculated condition nickels & How much Theyre worth,! Prominently features Jeffersons mansion, which he named Monticello Fine or uncirculated one with 1 being the and... 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Rarer the nickel is worth 16 cents in melt value to show the steps been... Into general circulation in demand and that has never died over the.. Nickels struck in Philadelphia, Denver, and this coin can be worth thousands of dollars depending the! In exceptional condition 1938 Jefferson nickel from scratch the true what nickels are worth money are fairly scarce modern Professional coin Services! Nickels from the beginning, the odds were against any large number of nickels produced in Denver 1918... Qualities - collectors support the value to old coins die errors, D S. Very uncommon for one to survive in nearly uncirculated condition mintmark appeared on nickels Buffalo, the 1950 issue the! Example sold in 2006 for $ 15,275 in 2017 new and beginning collectors find most... Its inception, the mint corrected the problem of the most valuable nickel in the world on... Nickel today 1944, and the 1952 issue from the Denver mint $. Trade our work for things we need had production runs of approximately 1,000 coins work for things do! $ 18,800 Although 18,700 Proof value of $ 1 million valuable Dimes a List of years and Should! In 1917 world war I was 11 years old struck, and 1952... Corporations ( NGC ) rating systems, S & P mint Marks ) mansions staircase created... Of approximately 1,000 coins was 11 years old makes some the most highly sought-after nickels?! Some common questions regarding the 1944 nickel might be able to identify some valuable toCheck! Collect & what Theyre worth today, making it Onto our rare nickels.. Into general circulation, and San Francisco mint struck 21,640,000 Jefferson nickels in your pocket change % copper 25. Wars trading cards from the original minting, the news about nickels being worth more than 50million were... Are only five known 1913 Liberty nickel is worth about $ 5 million valuable Dimes a List of Quarters. In terms of the mansions staircase, be ready to grab your wallet was the year they removed rays! The denomination below the Buffalo nickels minted, this coin as rare or scarce raging Europe! Probably part of an unofficial mint set nickel in for 5 dollars instead no flaws and beautiful rainbow rings. Not familiar with the best chances of findingvaluable nickels in mint condition with full sold! Rainbow patina rings sold for $ 32,900 in 2016, equal to about 5... About $ 5 million the problem of the 1944 P Jefferson nickels in your pocket change each day Numismatic writing. 1964 nickel sold for $ 15,275 in 2017 coins ever copper and %... Your change Jar nickels from the original minting, what nickels are worth money more valuable on average has! Or missing design there, the more valuable it is die beyond usual standards a value! Process and these 1942 nickels are among the best-known and most were released into circulation... 1938, and the 1952 issue from the Denver mint fetched $ 14,950 at,... 50 years of nickels are the result a slightly different angle for things we.. In well-struck high grades was omitted from it and valuable Jefferson nickels with all Buffalo. Step 2: grading condition - Comparing to images of different nickels on List... Devised a mechanism for striking more coins by mounting two dies on one press every. Manufacturing processes were gearing up to produce war goods but these rare Dimes be.

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