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A nickel's melt value fell below its face value from late 2008 through mid-2010, and more recently again from late mid-2012. [114] In February 2014, it was reported that the Mint was conducting experiments to use copper-plated zinc (the same composition used for the United States 1 cent coin) for the nickel. [115]
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.
The Jefferson nickel has been the five-cent coin struck by the United States Mint since 1938, when it replaced the Buffalo nickel.From 1938 until 2004, the copper-nickel coin's obverse featured a profile depiction of Founding Father and third U.S. President Thomas Jefferson by artist Felix Schlag; the obverse design used in 2005 was also in profile, though by Joe Fitzgerald.
On February 1, 1916, Alfred Smith called his friends, the Van Sweringens, and offered them the Nickel Plate. They bought it for $8.5 million on April 13, 1916, equal to $238,000,000 today. In return for operating concessions and access to certain stations, they put up only a little over $500,000 (equal to $14,000,000 today) but they controlled ...