nickel bag

plural nickel bags

1. USslangA five-dollar baggie of narcotics, especially marijuana, typically a little under half a gram.

   Often the junkie pusher will deal "nickel bags" at $5 each, as well as $3 "Treys."

   1965, James Mills, “The World of Needle Park”, in Life, volume 58, number 8, page 84

   1 more example

   They say, "I've got a dime, I've got a nickel bag" / "Oh, it's the best stuff you've, you ever had" / "I've got your pleasure right here in my hand" / "It'll make you feel just, just like a real big man" / But when I stop to think about the cost / I know that I just might get lost

   1982, Ashford & Simpson, “Street Corner”, in Street Opera