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Wooden nickels from the Allentown, Pennsylvania Bicentennial in 1962 Office for Emergency Management, War Production Board (circa 1942–43). In the United States, a wooden nickel is a wooden token coin, usually issued by a merchant or bank as a promotion, sometimes redeemable for a specific item such as a drink.
A nickel is a five-cent coin struck by the United States Mint.Composed of cupronickel (75% copper and 25% nickel), the piece has been issued since 1866.Its diameter is 0.835 inches (21.21 mm) and its thickness is 0.077 inches (1.95 mm).