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    A nickel is a 5-cent American coin. Explain why 1997 nickels are worth more than 1992 nickels?

    Question #112249. Asked by jinnypink. (Jan 20 10 3:50 PM)


    sameer638

    No link for this... but 1997 is five more than 1992.

    Jan 20 10, 4:15 PM
    Arpeggionist

    Didn't the US mint change the composition in the nickel a bunch of times? If that's the case, then the metals are used in different weights and ratios, and therefore the coins cost more to produce at one point. Can't find the exact details online though...

    Jan 20 10, 7:45 PM
    Datsmeharse

    The nickel has been 75% copper and 25% nickel for almost a century and a half; only those manufactured during WWII included silver, making them more valuable intrinsically.

    I go with Sameer's answer: 1,997 nickels are worth more than 1,992 nickels.

    Ironically though, there is a special 1997 date matte-finish nickel, produced in a very limited run of 25K by the Philadephia mint for inclusion in a Botanical Gardens Commemorative Mint Set, that is certainly worth more than any 1992 date nickel.
    http://www.coincommunity.com/us_nickels/jefferson.asp

    Jan 21 10, 12:20 AM
    Baloo55th

    To quantify sameer's answer, 1992 nickels are worth $99.60, 1997 nickeks $99.85. (Got to use this new calculator for something...)

    Jan 21 10, 4:45 AM


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