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Assuming it's in circulated condition, 5 cents. 391,308,000 were struck at Philadelphia (no mint mark) and 313,092,780 were made in Denver ("D") so they're not scarce and still show up in change somewhat often.

As of 05/2010 a nice uncirculated one might sell for 35¢ to $2 depending on quality. Absolutely top-grade specimens (MS66) can bring as much as $30, however.

Found in change - 5¢

Uncirculated and in its mint set package - 25¢

Proof, with an S mint mark and in its proof set package: 30¢

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Q: What is the value of a 1978 us nickel?
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