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. FDR, after all, was only one year old at the time. Well struck pieces are available, due to the sheer number of Mint State survivors. 1883 No Cents Liberty Head V Nickel 5c - Collectibles v-nickel 5 cents US coin key date RawCollectibles $ 11.95. About 1883 5c MS With Cents V-Nickels. The Mint soon caught the problem, and later in 1883 the reverse of the Liberty Nickel was changed. Ending Jan 7 at 4:57PM PST 5d 5h. 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! 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. This First Liberty Nickel Was "Centsless!" The year of mintage is below her head. These sets are in gold, silver, nickel and copper. Modification to the design failed to solve the technical problems, and the mint had considered replacing the design as early as 1867. Q&A: Why are there so many varieties of halves listed in catalogs for the years 1805 to 1836? 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. The 1883 No Cents Nickel is a very common coin in EF or better. DAVE, PLEASE, PLEASE CONSIDER BRINGING BACK THE RARE COIN REVIEW! Because the “no cents” nickels were hoarded, they are more common today in high grades, which drives their value down. “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. or Best Offer. $31.00. Along the upper rim is the legend “UNITED STATES OF AMERICA.”. There was effectively no indication of the denomination of the new coin other than the roman numeral on the reverse. $63.99. As an Amazon Associate, I earn from qualifying purchases. First minted in 1883, the Liberty Head nickel was the successor to the Shield nickel, which had been difficult to produce throughout its mintage. 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. 5,479,519 “no cents” nickels and 16,032,983 “with cents” nickels were struck, for a total of 21,512,502 coins. On the reverse, a wreath repalced the stars and a large Roman numeral "V" replaced the old Arabic numeral 5. 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. Specimens above MS-65 are rare for both types of nickels and are worth thousands. 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. It came along in February 1883 to replace the Shield Nickel, which debuted in 1866 as the first circulating United States five-cent denomination with a 75% copper, 25% nickel composition. In 1883, mint officials changed the design on the Five-Cents denomination. the obverse design features the head of Liberty, facing left with thirteen stars around. Reverse. For “no cents” nickels, Good-4 to Fine-12 grades are worth. You're viewing: 1883 5C Nickel Liberty Head With CENTS PCGS MS67 $ 3,750.00. 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. The Liberty Head nickel, sometimes referred to as the V nickel because of its reverse (or tails) design, is an American five-cent piece. Find many ... COLLECTIBLE COIN 1883 INDIAN HEAD CENT PENNY w/ PARTIAL LIBERTY 14B. Compositionally, the Liberty Head nickel is 75% copper and 25% nickel, with a diameter of 21.2 millimeters and 5 grams. 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. 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. The Liberty Head nickel was designed by Charles Barber, one of the most influential figures in the history of American coins. $600.00. 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. On January 30, 1883, the first Liberty Head nickels were struck for circulation. Proof Coins can be Worth $299 or more. 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. 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. Instead, the opposite occurred. For “no cents” nickels, Good-4 to Fine-12 grades are worth $7-9. 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. 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