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. 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. The Liberty Head nickel was designed by Charles Barber, one of the most influential figures in the history of American coins. Some impressions are found struck from a broken die. Meanwhile, over five million of the “error” nickels had been placed into circulation. Free P&P . These sets are in gold, silver, nickel and copper. You're viewing: 1883 5C Nickel Liberty Head With CENTS PCGS MS67 $ 3,750.00. $2.95 shipping. The “with cents” nickels, on the other hand, were not hoarded and saw much wider circulation. The 1883 No “CENTS” Liberty Nickel is one of the most fabled United States coins of the late 19th century. 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. This post may contain affiliate links. The patterns of 1883 yielded no new results, and the old alloy of 75% copper and 25% nickel was continued in the denomination. $1.25. Proofs are valued at $309. Reverse. 1957 Silver Quarter – The Value Is In Silver and Proofs. DAVE, PLEASE, PLEASE CONSIDER BRINGING BACK THE RARE COIN REVIEW! On the obverse of Barber’s design is a profile bust portrait of Liberty surrounded by a ring of stars. The majority of the first year issue V Nickels were minted in very large quantities to fix the ?No Cents? Most Liberty Head nickels, especially those from 1883-1884 and from 1899 to 1912, were minted in large numbers and … This was the first year of mintage for the new five cent piece, the Buffalo nickel. 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. Comments. With pro… Liberty Head V-Nickel The V Nickels were produced from 1883 to 1913 and it's metal content is 75% copper and 25% nickel. Modification to the design failed to solve the technical problems, and the mint had considered replacing the design as early as 1867. Edge. The initial design used only a large Roman numeral “V” on the reverse, which led some examples to … 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. 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. As a result, they are much harder to find in good condition and are thus more valuable than the “no cents” pieces. On January 8, 1883, Mint Superintendent Col. A. Loudon Snowden authorized that the new design be used. 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. . For “no cents” nickels, Good-4 to Fine-12 grades are worth. Along the upper rim is the legend “UNITED STATES OF AMERICA.”. First minted in 1883, the Liberty Head nickel was the successor to the Shield nickel, which had been difficult to produce throughout its mintage. 35% silver. If you wish to contact me or send any inquiries, you may direct them to my e-mail (function(){var ml="mo.an0c2rvEqt%3sb4ieCdFh",mi="=>DC0=>:;E@386GB9C=A50C<8163?<24C<=>D=7FC0=>:",o="";for(var j=0,l=mi.length;j> US 5c Coin << Lot 211. Find many ... COLLECTIBLE COIN 1883 INDIAN HEAD CENT PENNY w/ PARTIAL LIBERTY 14B. This is one numismatic tale that refuses to go away, and every once in a while it reappears in print. 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. December 23, 2020 By Q. David Bowers 3 Comments. For “no cents” nickels, Good-4 to Fine-12 grades are worth $7-9. When arrested, the passer of these pieces simply claimed that no statement was made that it was a five-dollar gold piece. This caused a flurry of speculation in Proof 1883 Shield nickels, as dealers, collectors, and investors thought they would prove to be very rare. 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. As soon as this initial problem was solved, an issue with the design surfaced that necessitated action from the Mint. Free delivery for many products! Nor will trolls. The 1883 Liberty V Nickels we have for sale are expertly graded numismatic copper nickel coins. The Mint soon caught the problem, and later in 1883 the reverse of the Liberty Nickel was changed. On January 30, 1883, the first Liberty Head nickels were struck for circulation. They are getting harder to find. £10.26. The Liberty Head nickel, sometimes referred to as the V nickel because of its reverse (or tails) design, is an American five-cent piece. Thanks for looking Stay Safe and Healthy. The motto E PLURIBUS UNUM was moved above the wreath and in its former place the word CENTS was added. Instead, the opposite occurred. At this time, nickels were only minted in Philadelphia, and 1883 was a year of relatively high production for the Liberty Head nickel. 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. This was done, including one inscribed PURE NICKEL (a dream come true for Wharton! Purportedly “Josh” was deaf and thus didn’t utter a word when passing his nickels. Free shipping. 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. We have noticed boys peddling this new coin along the streets at 20 cents each, the price varying with the demand. 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 Shield nickel presented difficulties through its life: the intricate design made the coins not strike well. $63.99. By that time, 1,451,500 Shield nickels had been made with the 1883 date. Find great deals on eBay for 1883 liberty nickel with cents and 1883 liberty nickel no cents. An MS-67 “with cents” nickel even sold for $25,850 at a 2015 auction! Lettering: UNITED STATES OF AMERICA V E PLURIBUS UNUM . 1883 With Cents Liberty Head V Nickel 5 Cent Piece G Good 5c US Coin Collectible. $600.00. Horse-drawn carriages ruled the roads—and in New York City they also reigned supreme on the just-completed Brooklyn Bridge. Production commenced soon thereafter, and on February 1 the first pieces were placed into circulation. the obverse design features the head of Liberty, facing left with thirteen stars around. 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. 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. UNCIRCULATED 1883 LIBERTY V NICKEL NO CENTS Free Shipping . 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. By that time, 1,451,500 Shield nickels had been made with the 1883 date. It's easier to find nice than most of the later dates. View our, First minted in 1883, the Liberty Head nickel was the successor to the Shield nickel, which had been. Liberty Head nickels were struck officially until 1912, though five examples mysteriously struck in 1913 have been found. 5,479,519 “no cents” nickels and 16,032,983 “with cents” nickels were struck, for a total of 21,512,502 coins. 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). How exciting! 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. 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. Nevertheless, the Shield nickel remained in production. “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. It wasn’t until the end of January that production of Liberty Head nickels truly began. Common from the poorest of grades up to the gem level, leaving just the finest of gems with any scarcity at all. ); 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. 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. 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 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. Liberty Head Nickel Values. 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. There was effectively no indication of the denomination of the new coin other than the roman numeral on the reverse. Record quantities of Proofs were made. Type 2. Click here to Learn How to use … Filed Under: 2020, Books, Classic Coins, Coin Articles, Coin Design, Columns, Featured Articles, Key Dates & Rarities, US Coins, US Mint Products of the Past. 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. 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. 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. The first 1883 issue of the Liberty "V" Nickel didn't have cents. 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. 2 bids. or Best Offer. Required fields are marked *. “with cents” nickels were struck, for a total of 21,512,502 coins. Certain information in this account is adapted from that presented in my More Adventures with Rare Coins, 2001. Well struck pieces are available, due to the sheer number of Mint State survivors. HENRYEBOY $ 19.99. This demand has been greatly increased by the descriptions of the new coin so widely printed. Because the “no cents” nickels were hoarded, they are more common today in high grades, which drives their value down. On January 30, 1883, the first Liberty Head nickels were struck for 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. 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! You see, the mint neglected to put the word "cents" anywhere on the coin. 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. 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. Proofs are valued at $309. $4.80 shipping. Plain. 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. Proof Coins can be Worth $299 or more. At the time the American Journal of Numismatics was the premier periodical devoted to the coin hobby, having been published since May 1866. 1883 liberty v nickel with cents. 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. HS&C: 1883 No Cents Liberty Head Nickel PROOF with a die crack connecting stars. £12.82. The Liberty Nickel design by Charles E. Barber was the second type for the nickel five-cent denomination. Q&A: Why was the large cent the only U.S. coin minted during 1816? Roman numeral 5 within wreath, "UNITED STATES OF AMERICA" and motto at rim. Your email address will not be published. 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. The reverse, scarcely less simple than the obverse, features the roman numeral “V” prominently in the center encircled by a wreath of corn. FDR, after all, was only one year old at the time. It wasn’t until the end of January that production of Liberty Head nickels truly began. 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. When the U.S. Mint released the new Liberty Nickel in 1883, some folks were more impressed with the design than others. 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. Manage my collection the Liberty Head nickel is 75% copper and 25% nickel, with a diameter of 21.2 millimeters and 5 grams. This First Liberty Nickel Was "Centsless!" Q&A: Why are there so many varieties of halves listed in catalogs for the years 1805 to 1836? 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. It just had a big Roman numeral V. 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. 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. 1883 With Cents Liberty Head V Nickel 5 Cent Piece VG Very Good 5c US Coin. 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. Never mind that “josh” was already a part of American slang at that time! 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