The U.S. Nickel Melt Value Calculator, available below, can be used to determine the total
metallic value; and figure the total nickel and copper content of your hoard of United States
issued nickels. Calculate by quantity, rolls of nickels, face value, or total weight. The nickel
calculator will only compute what the metal content of your nickels is worth (intrinsic value),
and will not include any numismatic (collector) value.
Do not try melting your nickels. It is currently
illegal to do so in the U.S. Although you can use the nickel calculator to find the nickel
& copper bullion value of your nickels.
(Instructions Below)
You might also try one of the several other calculators from the drop-down menu above.
For the melt value of 35% silver war nickels, use the
U.S. War Nickel Melt Value Calculator. There is also a
Canadian Nickel Melt Value Calculator, and for copper cents, the
U.S. Copper Penny Melt Value Calculator.
Metals Spot Price Last Updated on Server:
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Price Spread
How to use the U.S. Nickel Melt Value Calculator.
First off, figure out what method you will be using to enter the amount of U.S. nickels
to calculate. You can indicate your amounts either by the total quantity of nickels, the
total face value of your nickels, or by the total weight of your nickel hoard. You might
also use a combination of methods depending on how you store your nickels.
The first option, showing the picture of a single U.S. nickel, is for entering an exact
count of nickels. Using the text box on the right, enter a number representing the total
quantity of nickels you want to know the metal value of. You could also simply click on
the U.S. nickel picture, or on its link, to increase the value in its corresponding text
box by a value of 1. The calculator will automatically update the Total Metal Value
(in red), everytime a change is made to the amounts in any of the text boxes.
The next option below is for entering the amount of nickels by rolls of 40. This option has
the same effect as if you had entered a value of 40 into the single nickel option text box.
This option is helpful if you like storing your nickels inside of rolls or in coin tubes.
Your next five options are for indicating your amounts by the total face value of your
nickels. There are $1, $10, $50, $100 and $1,000 options each representing 20, 200, 1,000,
2,000 and 20,000 nickels respectively. This option is great if your nickels are being
stored in canvas bags. You could also enter decimal values for partial bags of nickels.
For example, a value of 1.5 entered into the $100 Face Value Text Box would be equivalent
to a $150 face value.
The final four options permit you to calculate the melt value of your nickels by thier
weight. You can select to weigh either by ounces, pounds, grams, or kilograms. Just type
a whole number or decimal representing the total weight of your nickels into the appropriate
weight text box. If you are weighing your nickels inside a container or bag, you should
subtract the weight of that container first. Do note that these are not Troy ounces or
pounds. They are U.S. standard ounces and pounds (a.k.a. Avoirdupois).
The Total Metal Value is tallied based on the U.S. Dollar amount displayed in the Nickel
Price and Copper Price text boxes. You could also use one of the other major world
currencies available in the drop-down menu located underneath the prices. The default price
is updated frequently during normal trading hours. The Nickel and Copper Prices can be
adjusted to represent how much you would be willing to pay per pound for the metal contained
in any stockpile of U.S. nickels. This will help you in finding the maximum bid you should
enter for an online nickel auction.
The U.S. nickel calculator shows the total metal value and total metal content derived from
the amount of nickel and copper contained in uncirculated U.S. nickels that have no wear. If
your nickels have some wear due to circulation, they will not contain as much metal. You
could insert a percentage of that wear in the "Amount of Wear" text box. An amount
larger than the default of 0 (zero), will reduce the total metal value and total metal weight
results accordingly.