Melt Prices

US · copper · 1938–date

Jefferson nickel (cupro) melt value

Mint spec is 5.000 g at 75% fine. This is not a gold or silver melt.

No precious-metal melt — This composition has no gold or silver melt. If the coin looks similar but is older, it may be a silver year of the same design.

Gold
$4,410.40
Silver
$66.01
Platinum
$1,805.00
Palladium
$1,383.00
Melt / coin
Spot
ACW0.12057 oz
Gross weight5.000 g
Fineness75%
Gross troy oz0.1608
Face$0.05

Figure yours

Count the pieces. A roll of this type varies.

Pure oz 1.2057
Melt

Open stack

What this coin is

The Jefferson nickel (cupro) is a base metal coin of the United States struck 1938–date. This page is for the type × composition — every date and mint of this issue has the same metal if the weight and fineness match the spec below. Melt is that metal times today’s spot, not a collector or dealer bid.

What is written on the coin

Read the denomination, the date, and the country name on the coin. People often search the words actually stamped on the piece (for example DOS PESOS or VEINTE PESOS on Mexican gold). Those words are indexed on this site.

Metal content (the melt spec)

Mint specification: 5.0000 grams at 75% fine, which is 0.12057 troy oz of pure copper (ACW). Formula: grams × fineness ÷ 31.1034768. Date and mintmark do not change that number.

Mintage

Mintage varies by date. We do not publish a year-by-year mintage table here because melt is the same for this composition. A scarce date or a high grade can be worth more than melt; a common worn piece is often near melt.

A little history

This type belongs to the 1938–date period in the United States. Use the date on the coin to confirm you have this composition, not a later clad or debased issue of the same design.

How to tell you have this type

Match denomination, metal color, and date range. If two compositions share a design (for example 90% vs clad), the date or the edge (solid silver vs copper stripe) decides which page to use.

Date and mintmark do not change the metal on this page. Collector value is a different market — see Sold Comps for sold prices.

Copper is a base metal. Scrap copper is priced by the pound, not on this gold/silver ticker. The weight here is so you can tell a copper cent from a zinc cent.

Before you sell

No precious-metal melt

Read the date. US dimes and quarters 1964 and earlier are 90% silver. Nickels are silver only 1942–1945 (large mintmark on reverse).

Melt is the metal floor. For auction and eBay solds on the same type, see Sold Comps. We list 355 melt values; collector premiums are a different market.

Quick amounts

Using mint weight.

You havePure ozMelt
1 coin 0.1206
10 coins 1.2057
20 coins 2.4114

Melt alert

Email me if this coin’s melt crosses a number I set.

Questions people ask

How much copper is in a Jefferson nickel (cupro)?

Mint spec is 5.000 grams at 75% fine, which is 0.12057 troy oz of copper (ACW). Date and mintmark do not change that.

Does mintmark change the melt value?

No. A Philadelphia, Denver, or San Francisco coin of this type has the same metal. Melt is type × composition, not date or mintmark.

Is melt what I should sell this Jefferson nickel (cupro) for?

This composition has no gold or silver melt. If the coin looks similar but is older, it may be a silver year of the same design. Read the date. US dimes and quarters 1964 and earlier are 90% silver. Nickels are silver only 1942–1945 (large mintmark on reverse).

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