Nickel Coins facts

While investigating facts about Nickel Coins Worth Money and Nickel Coins Value, I found out little known, but curios details like:

The price of a bottle of Coca-Cola stayed at a nickel for over 70 years. As a result, vending machines only took nickels, and before raising prices to a dime the president of the company asked President Eisenhower to mint 7.5 cent coins to keep the increase reasonable.

how to clean nickel coins?

In 1953, Coca Cola attempted to persuade the US Treasury to mint a 7.5 cent coin; a can of Coke had been a nickel since 1886 and needed to be raised due to inflation, but they felt a dime was too much.

What five coins add up to a nickel?

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what coins are made of nickel. Here are 23 of the best facts about Nickel Coins Uk and Nickel Coins With Silver I managed to collect.

what nickel coins are worth money?

1. A bottle of Coca-Cola cost one nickel (5 cents) between 1886 and 1959. The price remained fixed with very little fluctuation. In 1953, Coca-Cola approached the US Treasury to request minting a 7.5 cent coin.

2. Kyle Bass bought $1,000,000 worth of nickels because the value of the metal in each coin was 6.8 cents, exceeded the face value of 5 cents

3. The reason you find so many 1964 nickels is that people thought that was the last year they contained silver so people hoarded them. The mints struck more coins to make up for the shortage. In reality, they were just made of nickel.

4. Nickel can be a skin allergen in some people, so iron replaced it in coins.

5. During World War II, manganese replaced most of the nickel in US coins, as nickel became scarce.

6. Switzerland and Canada have used coins that were nearly pure nickel.

7. It costs the U.S. Mint almost twice as much to mint each penny and nickel as the coins are actually worth. Taxpayers lost $105 million in 2013 just through the coins being made.

8. Copper and its alloys (brasses, bronzes, cupronickel, copper-nickel-zinc, and others) are natural antimicrobial materials. These materials kill a wide variety of bacteria, viruses, and fungi within hours making them ideal for doorknobs, handles, coins, and other frequently handled objects.

9. It costs twice what the coins are worth to mint pennies and nickels. Taxpayers lost $105 million in 2013.

10. The American Buffalo Nickel isn't modeled after 1 specific person unlike every other coin - but rather a composite of 3 individuals (one of whom the artist can't even remember)

Why is nickel used in coins?

You can easily fact check why are coins made of nickel by examining the linked well-known sources.

One of the earliest "hobo nickels" (edited US coins) from the 1850s was the "potty coin", engraved on United States Seated Liberty coinage and modifying Liberty into a figure sitting on a chamber pot.

1- and 2 euro coins release 240-320 times more nickel than is allowed under the European Union Nickel Directive. - source

The act that created the US $ also created its 4 divisions: the cent 1/100, mil 1/1000, dime 1/10 and eagle 10x. This is why a penny says One Cent and a dime says One Dime. But a quarter says Quarter Dollar and a nickel Five Cents. There are also gold coin Eagles $10 & Double Eagles $20. - source

Titanium was proposed for the production of coins because of its durability and eye pleasing appearance as opposed to nickel which is know to be toxic and can cause cancer.

The designer for the Buffalo Nickel had to travel to the Bronx Zoo in order to find a buffalo to sketch for the coin. This was due to the buffalo population being near extinction. BONUS: The "buffalo" that the designer sketched wasn't a buffalo at all. It's was an American Bison. - source

When was nick saban born?

U.S. used to have a 3 cent coin 3 cent nickels

How to clean copper nickel coins?

There are rare coins in circulation you can find in pocket change worth thousands of dollars. This 1964 Jefferson Nickel brought $32,000 in auction.

Depending on the coin placed on military headstones, reflects the relationship the visitor had with the deceased: Penny, grave visited & respects were paid; Nickel, spent boot camp time together; Dime, served alongside with soldier; Quarter, present at the time when the deceased fell.

1- and 2 euro coins can release up to 320 times the amount of nickel that European Union (EU) regulations say triggers skin reactions in people allergic to the metal.

The nickelodeon was the first type of indoor exhibition space dedicated to showing projected motion pictures and derived its name from nickel, the name of the U.S. five-cent coin, and the ancient Greek word odeion, a roofed-over theater.

A 14 year old paper boy collecting money for work was given a nickel as payment. After he felt the nickel was lighter than usual, he dropped it and the nickel opened, revealing a film with a series of numbers. The FBI linked the coin to a Russian spy who was later traded for Gary Powers.