The V-Nickel (1883-1913): The Coin That Made History

The V-Nickel or Liberty Head Nickel, is nicknamed V-Nickel, attributed to the design on the back of the coin. These five-cent pieces were struck for circulation by the U.S. Mint from 1883–1913, with the production of the coin ceasing during the period between 1904–1914. Similar to any other V-Nickel type, the V-Nickel values change with the condition and date of mintage. Some of the V-Nickels that were minted before 1897 have much higher value; many are worth between $4 and $5 a piece. There are always exceptions and an 1885 V-Nickel, for instance, could be valued at almost $400 as a premium.

The Value of V-Nickels-What Dealers Pay

The value of a V-Nickel depends much on its year of minting, rarity and other factors. An 1889 V-Nickel will cost about $10 if it is in good condition, while an 1885 V-Nickel, if in uncirculated condition, may cost over $1500. If you have a V-Nickel that belongs to a limited series or to a series that is rare, or if you have a V-Nickel that looks fine, it might be wise to talk with a professional who will grade your coin at the PCGS or NGC.

Another way of finding out the real value of your V-Nickel is to get the piece graded by a professional numismatist, since this will enable you to get a better estimate of the price likely to be offered by collectors and dealers. The coin graders do not only take time to grade your coin with a view to establishing its general functionality; they will also examine whether the coin is genuine.

Also Read: Discover the Silver Nickels That Are Worth More Than Gold

V-Nickel Value is Conditional

Before getting an actual representation of the condition of your V-Nickel, you must observe the coin and pay attention to the details. Perhaps it is possible to start such a process with reference to the stars depicted around the outer edge of the coin. If the coins are eroded or even hard to distinguish, then your coin is likely to be a good one.

So assuming the stars have a relatively good texture and are not worn out, the coin may receive a fine grade. It is prudent to take a look at the stars on the reverse side of the coin; if they are sharp and defined and there is no hint of wear on the coin, then there is reason to believe that your coin is as good as it gets. Of course, the stars are a good starting point; however, you will also want to zoom in on other aspects, such as the date or the ‘‘V’’ in the same manner.

Your V-Nickel Could Be Rare

The 1885 V-Nickel is also the most desired by dealers as well as by collectors. This is a challenging set and those getting hold of the coin are considered to be very lucky. After years and years of circulation, an 1885 V-Nickel can easily bring nearly $400. An original and mint version of one of them could reach up to $2000.

The 1886 edition is also demanded by dealers and collectors alike. There are still some examples in fine condition, and if one has one, it could be sold for more than $200.

The 1912 V-Nickel is another, particularly those that were produced in San Francisco, that is highly sought by dealers and coin collectors. It is very simple to use a hand lens and confirm the mint mark on the back of the coin.

Presumably, for at least $100, one may be able to get a well-circulated 1912-S V-Nickel.

V-Nickel Values May Rise

All in all, the V-Nickel may be a good collector’s item and new collectors may find this coin to be a good starting point in their collection. No coins of this type have been produced after the year 1913, and therefore, the older the coins become, the more valuable they may become. There are V-Nickels for sale and some of them cost less than $1.50, making them very cheap and appropriate for beginners and professional coin collectors.

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