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!"
by LarryBloggins March 20, 2007
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(Excerpt from Stephen King's "The Stand Complete and Uncut")
"Are you nervous?"
"Fuck, I'm shitting nickels."
by Glutton October 4, 2005
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The scab that a herpes leaves on your upper lip
I made out with a stripper and now I have a shit nickel
by idontcareokayfck July 30, 2020
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