It's actually made of 75% copper, but when it was introduced in 1866 it was one of the first US Coins to have a significant amount of nickel in it. The other was a 3¢ piece. Because there were also silver 3¢ and 5¢ coins people started calling them "three cents silver", "three cents nickel", and so on.
By the 1870s all except the nickel 5-cent piece had been discontinued but the old terms lived on for a while; sometimes the coins were called "five-cent nickels" which eventually was shortened to just plain "nickel".
The first US nickel was made in 1866 and the first US coins were made in 1793, look at the coin again and post new question.
In spite of the coin's name, all US nickels except special "war nickels" made during 1942-45 are struck in the same alloy of 25% nickel and 75% copper. "War nickels" were made of an alloy of copper, silver, and manganese because nickel was needed for the war effort. Internet rumors notwithstanding, these are the only US nickels that ever contained silver.
Sorry, the first US nickel was made in 1866 please look at the coin again and post new question.
The nickel 5 cents coin is made of a combination of copper and nickel, with 75% copper and 25% nickel. It gives the coin its characteristic silver color.
All US coins except the Lincoln cent are made from a copper nickel alloy.
The US coin named after an element is the nickel. It is composed mainly of copper and nickel, hence the name.
Current materials: Cent - 97.5% zinc plated with a thin layer of copper Nickel - A solid alloy of 75% copper and 25% nickel Dimes, quarters, halves - 2 outer layers of 75% copper and 25% nickel bonded to a core of solid copper, for an overall content of about 92% copper. Dollars - Manganese brass bonded to a copper core; overall content 88.5% copper, 6% zinc, 3.5% Manganese, 2% nickel
5 cent coin: Brass-clad nickel 10 cent coin: Brass-clad nickel 50 cent coin: nickel-clad copper dollar coin: nickel-clad copper.
In the United States, 5 cent pieces (or "nickels") are composed of an alloy of 75% copper and 25% nickel. In Canada, depending on their dates the coins can be made of 99.9% nickel, the same alloy as US nickels, or nickel-plated steel. The euro 5-cent piece is made of copper-plated steel. The Australian 5-cent coin is made of the same alloy as US nickels.
Liberty nickels were made from 1883 to 1912. Your coin is a familiar Jefferson nickel. Please see the question "What is the value of a 1939 US nickel?" for values.
Copper-nickel
A 50p coin in the UK is made of cupro-nickel, with 75% copper and 25% nickel. The coin also features a nickel-brass outer ring and a Cupro-nickel inner core.