5064

1883 5¢ Liberty Head "V" Nickel (NGC MS 63)

Currency:USD Category:Sports - Cards & Fan Shop Start Price:20.00 USD
1883 5¢ Liberty Head  V  Nickel (NGC MS 63)

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Auction Date:2017 Sep 21 @ 19:00 (UTC-7 : PDT/MST)
Location:2320 W Peoria Ave Suite B142, Phoenix, Arizona, 85029, United States
Graded NGC MS 63. Please see the images for more details on the condition of the coin.

The Liberty Head nickel, sometimes referred to as the V nickel because of its reverse (or tails) design, is an American five-cent piece. It was struck for circulation from 1883 until 1912, with at least five pieces being surreptitiously struck dated 1913. The obverse features a left-facing image of the goddess of Liberty.

The original copper–nickel five-cent piece, the Shield nickel, had longstanding production problems, and in the early 1880s, the United States Mint was looking to replace it. Mint Chief Engraver Charles Barber was instructed to prepare designs for proposed one-, three-, and five-cent pieces, which were to bear similar designs. Only the new five-cent piece was approved, and went into production in 1883. For almost thirty years large quantities of coin of this design were produced to meet commercial demand, especially as coin-operated machines became increasingly popular.