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Any metal coin has value as scrap. In most cases the scrap-metal value is less than the coin's face value so that people can't make a profit by melting them.
However US nickels (but not Canadian ones) are an exception to that rule. As of 2015 the prices of the metals used (75% copper and 25% nickel) in each coin total about 7 cents as scrap. The government forbids melting nickels and cents for their metal value, though.
What else can I help you with?
When were nickels silver?
The only time US nickels were silver was from 1942-1945. They contain 40% silver. They have a metal value of around 2 dollars.
What is the value of a roll of S war nickels?
Their collector value would all depend on the dates on the nickels and their conditions. To get an idea of their metal value, the coins are 35% silver which is 1.75 gm per coin. There are 40 nickels in a roll so the total amount of precious metal is 70 gm, or about 2.25 troy ounces. As of 09/2015 silver is around $15 per troy ounce.
What is the value of 1960 and older nickels?
Most of them are still worth face value. Unlike dimes and quarters, nickels didn't change metal content in 1964, so older specimens still commonly turn up in circulation.
Why is it illegal to melt pennies and nickels?
It is illegal to melt nickels and pennies because their metal value is higher than their face value. So if people would keep all their nickels and pennies and melt them they would make a lot of money. Plus it would cause a penny and nickel shortage.
What is the value of a 1938 silver nickel?
The only nickels that ever contained silver were the famous "war nickels" minted during WWII when nickel was a strategic metal. All other nickels are made of an alloy of 75% copper and 25% nickel.
Are Canadian nickels plastic?
No. All Canadian nickels are made of metal.
How much is a Lewis and clark nickel worth?
According to Coinflation.com all nickels are worth 7 cents just for the metal value. Unless you have something with a collector value you could save all the nickels you get and have more money!!! Maybe they will go up in value over time.
How many nickels are in a roll of nickels?
A standard roll of nickels contains 40 nickels for a value of $2.00
1964 silver nickel?
Nickels that year weren't made of silver. There was no change in metal composition in nickels in the 1960s. The only nickels that do contain silver are those minted between 1942 and '45. Anything post-war is only worth face value.
How much is 435 nickels?
To find the value of 435 nickels, multiply the number of nickels by the value of each nickel, which is 5 cents. Therefore, 435 nickels is equal to 435 x 0.05 = $21.75.
How Much Is 129 Nickels?
To find the value of 129 nickels, multiply the number of nickels by the value of each nickel, which is $0.05. Therefore, 129 nickels is equal to 129 x $0.05, which amounts to $6.45.
What is the content of US nickels?
The content of US nickels includes approximately 25% nickel metal and about 75% copper metal. Nickels were originally made from mainly silver rather than copper or nickel.
