Buffalo Nickel Melt Value

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Buffalo Nickel
Photo: 1935_Indian_Head_Buffalo_Nickel.jpg: The original uploader was Bobby131313 at E…, Public domain, via Wikimedia Commons

Melt value of one Buffalo Nickel

$0.0734

Face value $0.05Melt ÷ face 1.47×

A Buffalo Nickel (1913–1938) weighs 5 grams and is made of 75% copper, 25% nickel. At today’s metal prices the metal in one coin is worth about $0.0734, more than its face value.

Also called the Indian Head nickel.

Buffalo Nickel specifications

Years1913–1938
Face value$0.05
Weight5 g (0.1608 troy oz)
Composition75% copper, 25% nickel
Diameter21.2 mm
Copper content3.750 g · worth $0.0530
Nickel content1.250 g · worth $0.0204

How much are Buffalo Nickel coins worth in bulk?

QuantityFace valueMelt value
1$0.05$0.0734
5$0.25$0.3672
10$0.50$0.7344
40 (1 roll)$2.00$2.94
100$5.00$7.34
1,000$50.00$73.44

How the Buffalo Nickel melt value has changed

DateMelt value thenChange to today
1 month ago (Oct 9, 2026)$0.0751▼ -2.23%
1 year ago (Nov 9, 2025)$0.0585▲ +25.60%
5 years ago (Nov 9, 2021)$0.0615▲ +19.50%
10 years ago (Nov 9, 2016)$0.0344▲ +113.79%

Based on stored daily closing prices and monthly averages for copper, nickel and zinc.

Can you melt them? Not for profit. Federal rules (31 CFR Part 82) prohibit melting or treating US 1-cent and 5-cent coins and restrict exporting them, with narrow exceptions (for example small quantities for numismatic use, or coins used in jewelry and crafts without intent to profit from the metal). Violations can bring fines of up to $10,000 and up to five years in prison. Melt value here shows what the metal is worth, not a legal way to cash it in.

Melt value vs. what your Buffalo Nickel is worth

Melt value is the floor: the value of the metal alone. Dealers who buy coins for their metal usually pay a little below melt. Coins with a rare date, mint mark or error, or in uncirculated condition, can sell for far more than melt to collectors – check a current price guide or have the coin graded before selling anything that looks scarce.

Have several coins? Use the coin melt value calculator.

Other nickels

CoinYearsMetal contentMelt value× face
Shield Nickel1866–18835 g · 75% copper $0.07341.5×
Liberty Head “V” Nickel1883–19125 g · 75% copper $0.07341.5×
Jefferson Nickel1938–present (except 1942–1945 silver issues)5 g · 75% copper $0.07341.5×
Jefferson War Nickel (35% silver)1942–19450.0563 oz silver $3.0560.9×

Melt value = metal content × today’s spot price. It is not what a dealer pays (usually less) or a collector’s price (often more).

Frequently asked questions

How much is a Buffalo Nickel worth in melt value today?
At today’s metal prices (November 9, 2026) one Buffalo Nickel contains about $0.0734 worth of metal. This is the melt (scrap) value – rare dates and coins in top condition can sell for much more to collectors.
What is a Buffalo Nickel made of?
A Buffalo Nickel weighs 5 grams and is made of 75% copper, 25% nickel.
Is a Buffalo Nickel worth more than its face value?
Right now the metal in a Buffalo Nickel is worth 1.5× its face value of $0.05.
Is it legal to melt pennies and nickels?
No, not for profit. Federal rules (31 CFR Part 82) prohibit melting or treating 1-cent and 5-cent coins and limit exporting them, with narrow exceptions such as small amounts for numismatic use or coins used in jewelry and crafts without intent to profit from the metal. 1942–1945 silver war nickels are exempt.

Related guides

View all guides →

Melt values are estimates based on spot prices and official coin specifications. Dealers usually pay less than melt; rare coins can be worth far more to collectors.