How Many Nickels in a Roll and How to Calculate Coins in a Roll

– How Many Nickels in a Roll –

How many nickels are in a roll as all common coins come rolled in paper tubes, whether it’s pennies, nickels, dimes, or quarters? Each tube is meant to contain a certain number of coins and therefore, has a certain set value. But how do you know how many coins are in each tube? This article will let us know how many nickels we should expect in a roll. Let us get right into finding this out.

How Many Nickels in a Roll and Calculating Coins in a Roll

How Many Nickels In a Roll?

There are 40 individual nickels in a roll with a face value of $2.00 and this includes all nickel types issued by the U.S. Mint.

(40 Nickels = One Roll = $2.00 Face) *Only Jefferson Nickels 1942-1945 with either a P, D, S mint mark above Monticello on the back has a silver alloy.

The list of nickels issued by the US Mint Shield Nickel, Liberty V Nickel, Buffalo Nickel, Jefferson Nickel, 2004 Lewis, and Clark Nickel, 2005 Bison Nickel. All come in rolls of 40 coins.

Nickels contain $2.00 and one nickel is .05 cents, so $2.00 divides by .05 cents equals 40 coins.

It doesn’t matter if the roll is paper, bank wrapped, or in plastic tubes, all contain the same amount of coins for each denomination.

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.

Coin Coins Per Roll Total Value of One Roll Roll Image
1 Cent (Penny) 50 50 cents  
5 Cent (Nickel) 40 $2.00  
10 Cent (Dime) 50 $5.00  
25 Cent (Quarter) 40 $10.00  
50 Cent (Half Dollar) 20 $10.00  
One Dollar Coin 25 $25.00  

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 equal 20. Since there are 20 nickels in a dollar, 20 million nickels will equal one million dollars (20 x $1,000,000).

Fun Fact: How Many Nickels in a Million Dollars

Interestingly, a Dallas hedge 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 the 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.

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How to Calculate Coins In A Roll

Remember this, no matter what the coins are housed in, paper or plastic, a roll of coins will always contain the same amount of coins, if they are of the same denomination.

There are exceptions to this rule since $1 nickel wrappers still exist and contain 20 coins instead of 40, but these are not readily available today.

Here is the best method of manually determining the number of coins in a roll. Here’s an example formula: Most should now know a roll of quarters has a face value of $10.00 and one quarter is .25 cents, so we can divide $10.00 by .25 and this equals 40 and is the correct number of coins in a roll of quarters. 

How to Calculate Coins In A Roll

So, the next time you count your coins you won’t be guessing how many go into each roll.

Nickels contain $2.00 and one nickel is .05 cents, so $2.00 divides by .05 cents equals 40 coins.

It doesn’t matter if the roll is paper, bank wrapped, or in plastic tubes, all contain the same amount of coins for each denomination.

Paper coin wrappers were the first material used for wrapping rolls of coins and often paper rolls would be torn or get wet, and fall apart with age. In turn, the coins would get wet, and this causes damage to the coins being subjected to such environmental elements.

Plus, the chemicals used in making the paper wrappers will react with the coin causing it to tone or tarnish. Sometimes the toning is pleasing while in other instances it’s not.

Chemicals, plus water, are disastrous for most coin metals, especially copper and steel. So better methods of storing coins were in order. This method of storing rolls of the coin involves a plastic cylinder container with a lid, sized for the particular denomination in question.

These plastic coin tubes became popular with collectors due to better protection of their coins, better to stack and store, and because the original paper wrapper may have become damaged or deteriorated, and the coins needed a safer home.

However, some of the earlier plastic coin holders were made of inferior material, and would shrink around the coins making their removal difficult without first damaging the coins.

I have, on several occasions, acquired coins stuck in these plastic holders, and it takes much time, for patients, and TLC to remove the coins without damaging them.

Plus, some coin rolls were made of PVC and most collectors know about PVC film on the surface of a coin. It looks green and is sticky. It will damage a coin if not removed in time, and only an experienced and well-informed collector should attempt to remove this film.

However, thanks to modern technology and chemistry, coin collectors no longer have to worry about their coins suffering damage inside their holders.

Manufacturers now make coin holders that are non-plasticized and made of mylar that does not react with the coin metal or cause them damage.

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