The Top 10 Most Valuable Nickels of All Time Nickels were first minted in the United States in 1866. At that time most coins were made out of silver or gold. The United States made lower denomination coins out of pure copper. Although the nickel is silver in color, it has no silver in it.
How much does a US Shield nickel cost?
However, most coins start at least $20 for very worn out (G-4) specimens, so they are too expensive for most beginning coin collectors. However, intermediate and advanced collectors may find this United States coin series challenging and interesting. The United States Mint produced all Shield nickels at the Philadelphia facility.