1945 US Coins: Values & Mintages

US coinage in 1945

The last wartime silver nickels were struck before the regular copper-nickel alloy returned in 1946.

Last year of the Mercury Dime.

How many coins were made in 1945

Counting the circulation issues on this page, US mints struck 2,100,695,501 coins dated 1945 across 15 issues. That is 26% fewer than in 1944 (2,843,556,800). In 1946 the figure rose to 2,154,312,500.

By mint: Philadelphia 1,424,927,100 (68%, down from 1,918,722,000), Denver 365,979,400 (17%, down from 549,480,800) and San Francisco 309,789,001 (15%, down from 375,354,000).

Those coins held about 67,009,814 troy ounces of pure silver.

1945 coins by denomination

Cents: 1,488,553,000 struck in 3 circulation issues of the Lincoln Wheat Cent, down 31% on 1944. The scarcest is the 1945-S (181,770,000) and the most plentiful the 1945 (1,040,515,000).

Nickels: 215,505,100 struck in 3 circulation issues of the Jefferson Nickel, up 24% on 1944. The scarcest is the 1945-D (37,158,000) and the most plentiful the 1945-P (119,408,100).

Dimes: 241,295,000 struck in 3 circulation issues of the Mercury Dime, down 30% on 1944. The scarcest is the 1945-D (40,245,000) and the most plentiful the 1945 (159,130,000).

Quarters: 103,717,601 struck in 3 circulation issues of the Washington Quarter, down 21% on 1944. The scarcest is the 1945-D (12,341,600) and the most plentiful the 1945 (74,372,000).

Half Dollars: 51,624,800 struck in 3 circulation issues of the Walking Liberty Half Dollar, up 10% on 1944. The scarcest is the 1945-D (9,966,800) and the most plentiful the 1945 (31,502,000).

Every 1945 circulation issue at a glance

• 1945-D Walking Liberty Half Dollar: 9,966,800 struck, more than 77% of the series' 65 issues, similar to 1944.
• 1945-S Walking Liberty Half Dollar: 10,156,000 struck, more than 78% of the series' 65 issues, similar to 1944.
• 1945-D Washington Quarter: 12,341,600 struck, 27th lowest of 144 in the series, similar to 1944.
• 1945-S Washington Quarter: 17,004,001 struck, 38th lowest of 144 in the series, up from 12,560,000 in 1944.
• 1945 Walking Liberty Half Dollar: 31,502,000 struck, more than 97% of the series' 65 issues, similar to 1944.
• 1945-D Jefferson Nickel: 37,158,000 struck, 29th lowest of 146 in the series, similar to 1944.
• 1945-D Mercury Dime: 40,245,000 struck, more than 71% of the series' 77 issues, down from 62,224,000 in 1944.
• 1945-S Mercury Dime: 41,920,000 struck, more than 72% of the series' 77 issues, similar to 1944.
• 1945-S Jefferson Nickel: 58,939,000 struck, 43rd lowest of 146 in the series, up from 21,640,000 in 1944.
• 1945 Washington Quarter: 74,372,000 struck, 72nd lowest of 144 in the series, down from 104,956,000 in 1944.
• 1945-P Jefferson Nickel: 119,408,100 struck, 60th lowest of 146 in the series, similar to 1944.
• 1945 Mercury Dime: 159,130,000 struck, more than 95% of the series' 77 issues, down from 231,410,000 in 1944.

The 3 more plentiful issues are listed in the tables below.

Lincoln Wheat Cent: Steel cents and shell case brass

Copper was needed for the war effort, so in 1943 the Mint struck cents on zinc coated steel. They are lighter at 2.70 grams, stick to a magnet and were often confused with dimes. The zinc coating wore quickly and the steel rusted, so most survivors are dull gray or spotted. A few bronze cents dated 1943 were struck by mistake on leftover planchets and rank among the most famous errors, though most offered are plated or altered fakes.

In 1944 the Mint returned to a copper alloy made partly from melted cartridge cases, which gives these coins a slightly different shade. A few 1944 cents were struck on steel planchets by mistake. Denver made the 1944-D/S overmintmark. The 1943-D has a repunched D variety. Production stayed very high through 1946, so common dates from these years are easy to find, often with bright red color.

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Jefferson Nickel: Wartime silver nickels

Nickel was needed for the war, so in late 1942 the Mint switched to an alloy of 56 percent copper, 35 percent silver and 9 percent manganese. To show the change, a large mint mark was placed above Monticello. For the first time Philadelphia used a P. Early 1942 nickels in the old alloy have the mint mark to the right of the building.

The 1943/2-P overdate and the 1943-P doubled eye variety are popular. Many silver nickels were pulled from circulation and melted in later decades when silver rose, but they remain easy to find. Counterfeits dated 1944 without a mint mark were made by Francis Henning, so any 1944 nickel without a P, D or S above the dome is fake. Survivors often show dark or uneven toning from the manganese. Fully struck steps are scarce on several dates.

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Washington Quarter: Wartime quarters in record numbers

World War II brought full employment and heavy coin demand. Philadelphia's output jumped from 35.7 million in 1940 to 79 million in 1941 and passed 100 million in 1942 and 1944, while Denver and San Francisco struck between about 12 and 21.7 million each year. Unlike the nickel, the quarter kept its 90 percent silver composition throughout the war.

Doubled die obverses are known for the 1942-D and 1943-S. A 1943 Philadelphia doubled die also exists. Proof quarters ended after 1942 and did not return until 1950. Most wartime quarters circulated hard and now turn up in silver lots with moderate wear. Uncirculated rolls were saved in quantity, so even the branch mint dates of these years are available in mint state.

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Walking Liberty Half Dollar: The short set of wartime halves

Wartime demand pushed Philadelphia mintages to 47.8 million in 1942 and 53.2 million in 1943. Denver and San Francisco each struck around 8 to 13 million a year during the war. Because coins from 1941 to 1947 are common in high grades, many collectors assemble them as a short set rather than chasing the full series.

Some 1941 proofs lack Weinman's AW monogram because the die was polished too heavily. The 1946 doubled die reverse shows strong doubling in E PLURIBUS UNUM and in the eagle's feathers. Proofs ended after 1942. Production fell to about 4 million each at Philadelphia and Denver in 1947, the last year before the Franklin half. San Francisco made no halves that year. Silver remained at 90 percent throughout.

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Mercury Dime: Wartime records, the overdates and the last year

World War II pushed dime production to record levels. Philadelphia struck 205,410,000 in 1942 and 231,410,000 in 1944, the highest mintage of the series. The three mints together made 1,223,928,000 Mercury dimes dated 1942 to 1945. Even the smallest issue of the era, the 1945-D, came to 40,245,000. Unlike the nickel, the dime kept its 90% silver alloy throughout the war.

The famous 1942/1 overdates belong here. One working die at Philadelphia and one at Denver received an impression from a 1941 hub and then another from a 1942 hub, leaving traces of a 1 under the final 2. The Philadelphia coin was found in circulation and reported in 1943. It is the bolder of the two. The Denver version is fainter and was not reported in print until 1960. Both are included in their regular mintages and carry a significant premium. Proof dimes ended with 22,329 struck in 1942 and proof coinage stopped for the rest of the war.

After President Franklin Roosevelt died in April 1945, the Treasury chose the dime for his portrait and the Mercury design ended with the 1945 coins. Two things to check on the late dates: the 1945 Philadelphia dime is very common but rarely found with fully split bands. The 1945-S comes with a normal S or a much smaller Micro S, made with a punch first cut for coins struck for the Philippines.

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