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You've got to remember that in 1954 a nickel could buy you a lot more than a nickel could today. Also, the metal value was much lower (unlike today where a nickel contains nearly 6 cents worth of metal!) meaning that if someone took the 75% copper and 25% nickel used to make a nickel it might only be worth 2-3 cents, leaving the counterfeiter to profit by 2 cents. In 1954 Francis Henning counterfeited several varieties of nickels such as nickels dated 1939, 1946, 1947 and 1953 and spent them for their face value. However Henning was caught because all genuine US nickels dated 1944 are made out of 35% silver and have a large P, D or S over the Monticello, something that Henning forgot to add when he counterfeited the nickels.

Today though, Henning nickels are collectable and the 1944 one is the most easily identified because of the lack of a mintmark over the Monticello and they have moderate value, ranging from $50-100 depending on current collector demand.

The love of money is the root of all evil.

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11y ago
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6mo ago

Counterfeiting a 1944 nickel could be profitable for a counterfeiter if they can create a convincing fake, as the 1944 nickel is a rare and valuable coin. Some individuals may also do it for the challenge or thrill of creating a convincing counterfeit.

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Related questions

What is the value of a 1944 war nickel with no mint mark?

What you actually have is a counterfeit nickel, known as a Henning nickel. This isn't a war nickel, but instead was a counterfeit nickel created in the mid-1950s, there is a thriving collectors market for them. I've attached a link with more information about the Henning nickels.


Is there a Counterfeit 1943-D Jefferson Nickel?

People counterfeit all sorts of coins and I can not say the 1943-D nickel was never one of them but I am not aware of any major counterfeiting scheme involving that coin. However, it is suspected that as many as 100,000 counterfeit 1944 war nickels may have been released into circulation. They are the same weight and composition as an authentic nickel but there is no mint mark above Monticello.


How much is a 1942 counterfeit wartime nickel worth?

Some people confuse the regular issue copper-nickel 1942 Jefferson nickels with the famous 1944 "Henning" counterfeit coins, mostly because of the lack of the large "P" mintmark on the coins. Take it to a coin dealer for an assessment.


Could someone tell me the worth of 5000000 apaxmai counterfeit notes 1944.?

What makes you think the notes are counterfeit? Generally, unless there is an historic story associated with the counterfeit (like the operation Bernhardt English notes) the notes are worthless. There was a genuine issue 5,000,000 Drachmai note issued in 1944. A mint uncirculated example would be worth $3.


What are the components of a 1944 British Shilling?

A 1944 British Shilling would have been 50% silver, the remainder being various percentages of copper (mostly), zinc and nickel.


What is the value of 1940 1942 and 1944 US nickels?

It's the usual practice of this site to answer a single question at a time. Please see:"What is the value of a 1940 US nickel?""What is the value of a 1942 US nickel?""What is the value of a 1944 US nickel?"


What is the S for on the 1944 nickel?

It means that it was minted in San Francisco


What is the value of a 1944 D silver nickel?

Around $1.50.


What is the value of a 1944-P g wartime nickel?

A 1944-P Jefferson nickel in very fine condition (VF20) is worth: $2.00; if its mint state is MS60, the value rises to; $16.00.


What is the value of 1944 silver nickel?

It's worth about a dollar, just for the silver.


What is the value of a 1944 US nickel with eagle and shield in front and man and filipinas printed on back?

It's NOT a U.S. nickel. The coin is a 5 CENTAVOS coin dated 1944 from the Commonwealth of the Philippines issue. It has a average value of 25 cents.


Is a 1944 nickel valuable?

A 1944 nickel is not particularly valuable. Most 1944 nickels in circulated condition are worth face value, while those in uncirculated condition may have a higher collector's value but are still relatively common and not considered rare.