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How much does a nickel cost?

Updated: 9/13/2023
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7y ago

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A nickel doesn't necessarily cost anything. To receive a nickel though, you have to either trade in another value of money and ask for that quantity instead. The value of the nickel is 5 cents but it doesn't necessarily cost anything.

Correction If you're referring to the value of a nickel to a coin collector, it depends on the coin's date, condition, and mint mark. Pretty much anything found in change today isn't worth more than 5 cents but older nickels can be worth anywhere from a dime to many hundreds of thousands of dollars - - - but as noted, "it depends".

In the first decade of the 21st century, commodity prices for copper and nickel, which make up the five-cent coin, rose dramatically, pushing the cost of manufacturing a nickel from 3.46 cents in fiscal year 2003 to 10.09 cents in fiscal year 2012.

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7y ago
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