What is Shit Nickel?
1.
1. Generic term denoting a currency of little or no value when the user is unsure of the actual name for the currency in question.
Thought to have originally been coined by Canadian Forces troops on Peacekeeping duties in the former Yugoslavia during the 1990s.
Person 1: "Dude this/those CD/jeans/ shoes rock(s)! Did you pay much for it/them?"
Person 2: "No, aboot 500 Shit Nickels out of some bug-eater's trunk"
P1: "Woah bargain!"
See