Last Updated on 10/15/2017 by GS Staff
[otw_shortcode_dropcap label=”A:” size=”large” border_color_class=”otw-no-border-color”][/otw_shortcode_dropcap] A roll of nickels is worth $2.00. You can figure out how many nickels are in a roll by taking $2.00 and dividing it by .05 (5 cents). Doing this math, we find that there are 40 nickels in a roll.
The below table reflects the number of coins found in rolls of pennies, nickels, dimes, quarters, half dollars, and dollars. Sometimes it is easy to hide away your change and forget about it. By looking at the values of each roll below, you can see how valuable loose change can be. You might realize that you have more money than you thought once you start rolling up your coins.
Where to Get Coin Wrappers
You can get coin rolls/wrappers for nickels or other coins at a variety of stores. Walmart, Amazon, Target, Rite Aid, Walgreens, CVS, dollar stores, and office supply stores commonly have coin wrappers. Additionally, banks often provide them for free, if you ask the teller for them.
Fun Fact: How Many Nickels in a Million Dollars
To find the answer to this, let’s first figure out how many nickels are in a dollar. To figure this out we use $1.00 ÷ 0.05 cents which equals 20. Since there are 20 nickels in a dollar, 20 million nickels will equal one million dollars (20 x $1,000,000).
Interestingly, a Dallas hedge fund manager named Kyle Bass once acquired 20 million nickels, purportedly because the metal in the nickel was worth 6.8 cents. Essentially, he paid 5 cents per coin in hopes to make more based on its true value. However, the U.S. Mint has made it illegal to melt down coins for value of the metal. Therefore, it is questionable if there is any value beyond just 5 cents per nickel. Check out this CNBC article for more on this story.
Image Credit: Matthias Shapiro via flickr