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Canadian 1942 Five Cent Value

Coin Values, images, and specs for the 1942 Five Cent from Canada.

In 1942, the Canadian five-cent coin, known as the "nickel," underwent significant changes due to World War II. To conserve nickel for military use, the Royal Canadian Mint switched the coins composition to tombac, an alloy of copper and zinc. This change resulted in a coin with a yellowish hue, distinguishing it from the traditional nickel version. Additionally, the coins shape was altered to a 12-sided dodecagon to prevent confusion with the one-cent coin.

The 1942 Canadian five-cent coin retained the beaver design on its reverse, symbolizing Canadas fur trade heritage. The obverse featured a portrait of King George VI. These design elements reflected Canadas national identity and economic history. The use of tombac in the coins composition was a strategic decision to ensure the availability of nickel for wartime production, highlighting the economic and political priorities of the era.
Obverse of Canadian 1942 Five Cent Value Reverse: Canadian Canadian 1942 Five Cent Value

Canadian 1942 Five Cent Valuations

Very Good Condition
$0.10
Fine Condition
$0.35
Very Fine Condition
$1.40
Extremely Fine Condition
$4.00
About Uncirculated
$10.00
Mint State 60
$25.00
Mint State 63
$55.00
Mint State 64
$120.00
1942 Five Cent Mintage

George VI 1942 Five Cent coin is a popular coin with 6,847,544 minted. Each year, the George VI 1942 Five Cent mintage numbers vary, making certain years more sought after by collectors and investors due to their limited production.
The value of George VI 1942 Five Cent coins are influenced by their rarity or mintage, condition, and historical significance.

1942 Five Cent Worth

The value of 1942 Five Cent depends on its rarity, condition, historical significance, metal content, and demand among collectors. Understanding these factors helps in assessing a coin’s worth accurately.

Coins with unique features or errors can also command higher prices due to their novelty and appeal to collectors.
The value of a Canadian 1942 Five Cent coin is based on auctions, market trends, and numismatic sources. These figures are a guide only; rarity, condition, and collector demand can affect the actual price.

1942 Five Cent Coin Composition

The value of a Canadian 1942 Five Cent coin depends on its composition and the current market prices of the metals used. Coins like the Canadian 1942 Five Cent made from metals such as copper, nickel, or silver vary in worth based on their metal content and market conditions. While coins made from precious metals like silver may have a higher value due to fluctuations in silver prices, the Canadian 1942 Five Cent coin made from more stable metals like copper or nickel tends to have a more consistent value. Factors like minting costs and collector demand also influence the value of the Canadian 1942 Five Cent coin, regardless of its face value.