This new nickel was released to the public on February 1 st, 1883. Such coins are known as “racketeering nickels,” and some still survive today. Modification to the design failed to solve the technical problems, and the mint had considered replacing the design as early as 1867. Type 2. Proofs are valued at $309. The coin was simply given without comment to a clerk, who then assumed it was a five-dollar coin. The reverse featured a wreath, with the Roman numeral V within, representing the denomination. The first year the V-Nickel had no "CENTS" stamped on the reverse, the preceding years from 1884 to 1913 the word "CENTS" appears on the reverse bottom middle. This increases to $11 in Very Fine-20, $15 in Extremely Fine-40, $18 in About Uncirculated-50, $35 in Uncirculated (MS-60) and $50 in Uncirculated (MS-65). You see, the mint neglected to put the word "cents" anywhere on the coin. The Mint supplies this coin in amounts of $5 each, and the parties to whom the coins are sent pay for the expressage, but if sent in sums of $20, the expressage is paid by the Mint itself. Production commenced soon thereafter, and on February 1 the first pieces were placed into circulation. On Type 2 nickels (minted from the second half of 1883 onward), the motto is in small print above the “V,” and the word “CENTS” is found along the lower rim. The motto E PLURIBUS UNUM was moved above the wreath and in its former place the word CENTS was added. It wasn’t until the end of January that production of Liberty Head nickels truly began. They are getting harder to find. This caper attracted the attention of various writers, who, in time, related that a man named Josh, often given the surname “Tatum,” was convicted in Boston (or Philadelphia or New York) of exchanging these gilded pieces, giving rise to the saying, “You’re joshing me,” when someone attempts a minor deception. Roman numeral 5 within wreath, "UNITED STATES OF AMERICA" and motto at rim. Record quantities of Proofs were made. First minted in 1883, the Liberty Head nickel was the successor to the Shield nickel, which had been difficult to produce throughout its mintage. It was related that the scheme ran something like this: A gold-plated nickel, posing as a $5 gold coin, would be tendered for the purchase of an item priced from one to five cents, such as a newspaper or a cigar. the Liberty Head nickel is 75% copper and 25% nickel, with a diameter of 21.2 millimeters and 5 grams. Nevertheless, the Shield nickel remained in production. $1.25. 1883 liberty nickel with cents. 5,479,519 “no cents” nickels and 16,032,983 “with cents” nickels were struck, for a total of 21,512,502 coins. 1883 No Cents Liberty Head V Nickel 5c - Collectibles v-nickel 5 cents US coin key date RawCollectibles $ 11.95. Liberty Head nickels were struck officially until 1912, though five examples mysteriously struck in 1913 have been found. Liberty Head nickels of 1883-1912 are prized collectibles from the turn of the 20th century – when the horse and buggy gave way to automobiles and airplanes, cities and industries were growing rapidly, and newfangled inventions appeared almost daily. For “no cents” nickels, Good-4 to Fine-12 grades are worth. Horse-drawn carriages ruled the roads—and in New York City they also reigned supreme on the just-completed Brooklyn Bridge. 1883 With Cents Liberty Head V Nickel 5 Cent Piece VG Very Good 5c US Coin. Find many great new & used options and get the best deals for WITH CENTS - 1883 Liberty V Nickel US Coin at the best online prices at eBay! It wasn’t until the end of January that production of Liberty Head nickels truly began. 35% silver. 1885 (starts at $400) is the key date of this series and followed closely by the 1886 (value starts at $200) and 1912-S (value starts at $140) and the semi-key dates are the 1883 With CENTS, 1888, 1894 and 1912-D and they start in value from $15 to $20. Plain. We have noticed boys peddling this new coin along the streets at 20 cents each, the price varying with the demand. 1883 Liberty Head Nickel; with and without the word “CENTS” Definition: After 17 years, the Shield nickel (1866 to 1883) was changed to the Liberty Head type nickel design by Charles Barber. The Liberty Nickel design by Charles E. Barber was the second type for the nickel five-cent denomination. A nickel is a five-cent coin struck by the United States Mint.Composed of 75% copper and 25% nickel, the piece has been issued since 1866.Its diameter is .835 inches (21.21 mm) and its thickness is .077 inches (1.95 mm). Some impressions are found struck from a broken die. Certain information in this account is adapted from that presented in my More Adventures with Rare Coins, 2001. $600.00. According to the best information we have yet received, the principal if not the only change is on the reverse, which is to have the word CENTS inscribed below the numeral of value, V, and the motto E PLURIBUS UNUM is to be placed above instead of below the wreath. The Liberty Head nickel, sometimes referred to as the V nickel because of its reverse (or tails) design, is an American five-cent piece. The Liberty Head nickel was designed by Charles Barber, one of the most influential figures in the history of American coins. The stamping of the new 5-cent coin has increased the interest among collectors, and many requests are made for the set containing the old and new half-dime piece. In response, in 1883, Superintendent A. Loudon Snowden directed Chief Engraver Charles Barber to make some more patterns. We are doing a FLAT RATE shipping of $3.00 on domestic orders and $8.00 on international orders. It was struck for circulation from 1883 until 1912, with at least five pieces being surreptitiously struck dated 1913. The obverse die is dated 1882 and is similar to the regular die for the 1883 Liberty Head nickel, but the stars are arranged slightly differently. On Type 1 Liberty Head nickels (minted in the first half of 1883), the motto “E PLURIBUS UNUM” is situated along the bottom of the reverse. Meanwhile, over five million of the “error” nickels had been placed into circulation. The Mint soon caught the problem, and later in 1883 the reverse of the Liberty Nickel was changed. With pro… The April 1883 issue included these mentions of the new coin: MINT COINS FOR 1883: At the opening of each year demands are made at the Mint by coin collectors, numismatic societies, and others, for Proof coins, or sets representative of a year’s coinage. £12.82. In fact, the 1883 No Cents is often used to fill the Liberty Nickel type slot in lower priced type sets. Instead, the opposite occurred. $4.80 shipping. Record quantities of Proofs were made. The patterns of 1883 yielded no new results, and the old alloy of 75% copper and 25% nickel was continued in the denomination. The year of mintage is below her head. Some clever individuals took advantage of this by plating the coins with gold and passing them off to the unsuspecting public as new five dollar pieces. At the time the American Journal of Numismatics was the premier periodical devoted to the coin hobby, having been published since May 1866. This post may contain affiliate links. However, a bright yellow gold-appearing coin with a bold V was readily accepted as a $5 half eagle, perhaps of a new design, if someone looked closely. The regular Proof set of gold coins is sold for $43; the silver and minor $4.05, and exclusive of the trade dollar $3.05. 1883 Liberty Nickel with CENTS 1883 Liberty Nickel with CENTS During the first year of issue, the design for the Liberty Nickel was altered to more clearly identify the denomination. The initial design used only a large Roman numeral “V” on the reverse, which led some examples to … Proofs are valued at $309. This increases to $11 in Very Fine-20, $15 in Extremely Fine-40, $18 in About Uncirculated-50, $35 in Uncirculated (MS-60) and $50 in Uncirculated (MS-65). Shop with confidence. 1883 was the first issue of the Liberty Head nickel, and as sometimes happens with first issues, there were a few problems which made initial production difficult. Specimens above MS-65 are rare for both types of nickels and are worth thousands. Q&A: Why are there so many varieties of halves listed in catalogs for the years 1805 to 1836? UNCIRCULATED 1883 LIBERTY V NICKEL NO CENTS Free Shipping . These sets are in gold, silver, nickel and copper. Also known as Liberty nickels or V nickels, the Liberty Head nickel is a classic piece of American coinage that often goes unnoticed by beginning collectors. You can find a better one very easily. The 1883 No “CENTS” Liberty Nickel is one of the most fabled United States coins of the late 19th century. It's easier to find nice than most of the later dates. Buy the 1883 With Cents Liberty Head V Nickel coins online here with low prices. Well struck pieces are available, due to the sheer number of Mint State survivors. £10.26. This was the first year of mintage for the new five cent piece, the Buffalo nickel. . Filed Under: 2020, Books, Classic Coins, Coin Articles, Coin Design, Columns, Featured Articles, Key Dates & Rarities, US Coins, US Mint Products of the Past. 1883 Liberty Head Nickel - With Cents >> US 5c Coin << Lot 211. $2.95 shipping. In 1883, mint officials changed the design on the Five-Cents denomination. 1883 liberty v nickel with "cents" high grade with luster 1883 5C NO CENTS LIBERTY NICKEL NGC MS 63 Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. As to who came up with the idea of reeding the edge (by filing or using a tool-shop milling machine) and gold plating these V-coins is lost to history. Charles Barber's Liberty Head five cent coin was first produced for circulation in 1883 after two years of development of various patterns for the proposed type. Compositionally, the Liberty Head nickel is 75% copper and 25% nickel, with a diameter of 21.2 millimeters and 5 grams. This demand has been greatly increased by the descriptions of the new coin so widely printed. Ending Jan 7 at 4:57PM PST 5d 5h. Liberty Head V-Nickel The V Nickels were produced from 1883 to 1913 and it's metal content is 75% copper and 25% nickel. The majority of the first year issue V Nickels were minted in very large quantities to fix the ?No Cents? On January 30, 1883, the first Liberty Head nickels were struck for circulation. DAVE, PLEASE, PLEASE CONSIDER BRINGING BACK THE RARE COIN REVIEW! ); another with 75 N. 25 C.; a further with 50 N. 50 C. or half-and-half; and one with 33 N. 67 C. Although the Mint would not admit it in 1883, nickel had caused problems for a long time, starting with the difficulty of striking copper-nickel (88% copper, 12% nickel) cents in 1857, one of the reasons for switching to bronze for cents in 1864. View our, First minted in 1883, the Liberty Head nickel was the successor to the Shield nickel, which had been. Liberty Head Nickel Values. Specimens above MS-65 are rare for both types of nickels and are worth thousands. The Shield nickel presented difficulties through its life: the intricate design made the coins not strike well. The new “V nickel,” as it came to be called, was nearly the same diameter as a five-dollar gold piece. Because the “no cents” nickels were hoarded, they are more common today in high grades, which drives their value down. This was done, including one inscribed PURE NICKEL (a dream come true for Wharton! This design without a denomination designation, and with the obverse resembling the gold coin issues of the time, some individuals gold plated this "cent-less" 1883 to pass it off as a gold coin.As a result the CENTS … On Type 2 nickels (minted from the second half of 1883 onward), the motto is in small print above the “V,” and the word “CENTS” is found along the lower rim. This First Liberty Nickel Was "Centsless!" Find great deals on eBay for 1883 liberty nickel with cents and 1883 liberty nickel no cents. throughout its mintage. problem. Due to inflation, the purchasing power of the nickel continues to drop, and currently the coin represents less than 1% of the federal hourly minimum wage. Industrialist Joseph Wharton, who had interests in nickel mining and production, had been influential in the decision to use the metal in coinage in the mid-1860s, leading to the introduction of the Shield nickelin 1866. $31.00. Such coins are known as “, At this time, nickels were only minted in Philadelphia, and 1883 was a year of relatively high production for the. Upon discovering that the Mint had made a mistake on the early “no cents” nickels, people began to hoard them in hopes of possessing what would become a rare and valuable coin. An MS-67 “with cents” nickel even sold for $25,850 at a 2015 auction! Never mind that “josh” was already a part of American slang at that time! 1883 liberty v nickel with cents. Common from the poorest of grades up to the gem level, leaving just the finest of gems with any scarcity at all. “with cents” nickels were struck, for a total of 21,512,502 coins. HENRYEBOY $ 19.99. Some clever individuals took advantage of this by plating the coins with gold and passing them off to the unsuspecting public as new five dollar pieces. Free shipping. By that time, 1,451,500 Shield nickels had been made with the 1883 date. Vulgar and/or abusive comments will not be tolerated. The design for the new nickel can be seen below in the first set of images. Lettering: UNITED STATES OF AMERICA V E PLURIBUS UNUM . Find many ... COLLECTIBLE COIN 1883 INDIAN HEAD CENT PENNY w/ PARTIAL LIBERTY 14B. Reverse. The 1883 Liberty V Nickels we have for sale are expertly graded numismatic copper nickel coins. , the dies for the new coin were not quite ready at the beginning of the year, so to satisfy the demand for nickels, the Mint was forced to strike five cent pieces using the old Shield dies. On January 30, 1883, the first Liberty Head nickels were struck for circulation. the obverse design features the head of Liberty, facing left with thirteen stars around. The first 1883 issue of the Liberty "V" Nickel didn't have cents. How exciting! THANKS, Your email address will not be published. Q&A: Why was the large cent the only U.S. coin minted during 1816? When the U.S. Mint released the new Liberty Nickel in 1883, some folks were more impressed with the design than others. HS&C: 1883 No Cents Liberty Head Nickel PROOF with a die crack connecting stars. Joseph Wharton, the main supplier of nickel metal to the Mint; a man with close political connections, was not completely satisfied. On January 8, 1883, Mint Superintendent Col. A. Loudon Snowden authorized that the new design be used. Much of this can be laid on the doorstep of the 1883 Liberty Head nickel, the variety with the word CENTS nowhere on the coin. You can purchase 1 coin or 40 coins and as long as they are paid for as ONE payment the shipping charge will be the flat rate of $3.00 on domestic order or $8.00 on international orders. It is reported that all of this issue are to be recalled by order of Secretary Folger [Charles J. Folger, 34th secretary of the Treasury, served from 1881 to 1884] and the dies altered by adding the word CENTS. To meet this demand, special coins are struck as is well known, and sold at rates proportional to the extra labor involved. It certainly would be nice to have more than just 25% nickel in the alloy of the coin. The reverse, scarcely less simple than the obverse, features the roman numeral “V” prominently in the center encircled by a wreath of corn. Purportedly “Josh” was deaf and thus didn’t utter a word when passing his nickels. Good filler coin. $201.00 + shipping . When arrested, the passer of these pieces simply claimed that no statement was made that it was a five-dollar gold piece. The minor coins, embracing the old and new 5-cent coin, the 3-cent piece, and the bronze penny, are sold at 18 cents the set. Thanks for looking Stay Safe and Healthy. “With cents” nickel values are as follows: $18 for Good-4, $28 for Very Good-8, $35 for Fine-12, $57 for Very Fine-20, $85 for Extremely Fine-40, $122 for About Uncirculated-50, $153 for Uncirculated (MS-60), $205 for Uncirculated (MS-65), and $284 for proofs. How much are my U.S. 1883 5c business strike With Cents nickel worth? This design was used for the duration of the series. Enter your email address if you would like to be notified when a new post is posted: I agree to be emailed to confirm my subscription to this list, Bowers on collecting: Collecting Liberty Seated quarters. 1883 With Cents Liberty Head V Nickel 5 Cent Piece G Good 5c US Coin Collectible. An MS-67 “with cents” nickel even sold for, 1950 Quarter: Mint Mark Varieties Bring High Premiums, 1987 Silver Eagle Dollar: The Coin Practically Made for Collectors, 1944 Jefferson Nickel – Silver Wartime Nickel, 1950 Wheat Penny Value in Uncirculated Penny, 1907 Barber Quarter – Value in the Proof and Silver, 1952 Half Dollar – Higher Value with Full Bell Lines. By that time, 1,451,500 Shield nickels had been made with the 1883 date. Proof Coins can be Worth $299 or more. $63.99. USA Coin Book Estimated Value of 1883 Liberty Nickel (With Cents Variety) is Worth $29 in Average Condition and can be Worth $161 to $216 or more in Uncirculated (MS+) Mint Condition. A head of Liberty wearing a coronet replaced the old Shield design. Free shipping eligible Favorite Add to 1942 P Jefferson Nickels Wartime Composition. The 1883 No Cents Nickel is a very common coin in EF or better. Q&A: Are the so-called restored date Buffalo nickels considered valuable as collectors’ items? For “no cents” nickels, Good-4 to Fine-12 grades are worth $7-9. FDR, after all, was only one year old at the time. As has been mentioned on a previous page, the recent issue of a five-cent nickel is to be recalled, and another one coined with some alterations in the design. Free P&P . Because the first 1883 Liberty Head V nickels did not contain the words ‘FIVE CENTS,’ and also because the coins are about the same diameter and look somewhat similar to the then-circulating $5 Liberty gold coin, some people took it upon themselves to gold-plate 1883 No-CENTS nickels and try to pass them off as $5 gold coins! Manage my collection As an Amazon Associate, I earn from qualifying purchases. This caused a flurry of speculation in Proof 1883 Shield nickels, as dealers, collectors, and investors thought they would prove to be very rare. The interest of numismatists was aroused immediately, especially when the American Journal of Numismatics as well as the popular press stated that these pieces were to be recalled. You're viewing: 1883 5C Nickel Liberty Head With CENTS PCGS MS67 $ 3,750.00. As a result, they are much harder to find in good condition and are thus more valuable than the “no cents” pieces. LIBERTY 1883 . The receipt of “the first emission of the five-cent nickel” was acknowledged at the Society’s May 15 meeting. The clerk, gazing at the “five-dollar” coin quickly, put it in the cash drawer and gave the purchaser the appropriate change, $4.95 or a few cents more. Allegations of fraudulent or criminal activity against a named party, when said activity has not been proven in a court of law, will be removed. December 23, 2020 By Q. David Bowers 3 Comments. R. Coulton Davis, a Philadelphia pharmacist who collected many series of coins, especially patterns, sent examples to certain friends, including one presented by him to the American Numismatic and Archaeological Society. Comments. or Best Offer. There was effectively no indication of the denomination of the new coin other than the roman numeral on the reverse. To correct this issue, the Mint released a new design (called Type 2 or “with cents” nickels) that included the word “CENTS” on the reverse design. Large orders have been received from the Northwestern states, Mississippi Valley, and the Pacific Coast, where there are few small coins, for the new 5-cent piece. The “with cents” nickels, on the other hand, were not hoarded and saw much wider circulation. This caused a flurry of speculation in Proof 1883 Shield nickels, as dealers, collectors, and investors thought they would prove to be very rare. It just had a big Roman numeral V. Along the upper rim is the legend “UNITED STATES OF AMERICA.”. About 1883 5c MS With Cents V-Nickels. The Liberty Head nickel was designed by Charles Barber, one of the most influential figures in the history of American coins. Free shipping . On the obverse of Barber’s design is a profile bust portrait of Liberty surrounded by a ring of stars. Your email address will not be published. Check us out and see why we are one of the largest online coin dealers. This is one numismatic tale that refuses to go away, and every once in a while it reappears in print. Nickels minted early in the year (known as Type 1 nickels or “no cents” nickels) did not feature the word “cents” anywhere on the design. First, the dies for the new coin were not quite ready at the beginning of the year, so to satisfy the demand for nickels, the Mint was forced to strike five cent pieces using the old Shield dies. Here we have one 1883 No Cents Liberty Nickel. On Type 1 Liberty Head nickels (minted in the first half of 1883), the motto “E PLURIBUS UNUM” is situated along the bottom of the reverse. Click here to Learn How to use … As is well known to many present readers, the new design of the nickel five-cent piece by Charles E. Barber gave the denomination simply as the large letter V on the reverse. On the reverse, a wreath repalced the stars and a large Roman numeral "V" replaced the old Arabic numeral 5. Most Liberty Head nickels, especially those from 1883-1884 and from 1899 to 1912, were minted in large numbers and … Required fields are marked *. You can read the full disclosure, TreasurePursuits.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. The typical 1883 No CENTS nickel is weakly struck in several stars and at the corn cob in the lower left portion of the wreath (this second trouble spot is directly opposite the highest point of relief on the obverse). Edge. Free delivery for many products! 2 bids. Soon, the Mint recognized the significance of the omission, and the word CENTS was added. As soon as this initial problem was solved, an issue with the design surfaced that necessitated action from the Mint. 1957 Silver Quarter – The Value Is In Silver and Proofs. At this time, nickels were only minted in Philadelphia, and 1883 was a year of relatively high production for the Liberty Head nickel. Liberty Head Five Cents (1883-1913) Chester Alan Arthur was in the White House, and Franklin Delano Roosevelt was napping in a nursery in Hyde Park, New York.