1883 (With CENTS) V Nickel
The 1883 (With CENTS) V Nickel is the second variety from this same year. This was the first year the V Nickel, or Liberty Head Nickel, came into being, and it replaced the Shield Nickel that had known production problems. The with CENTS version was created in the same year because the “No CENTS” version was being fraudulently used and passed off as a $5 gold piece that was causing problems. This remedied coin had a total mintage of over 16 million struck at the Philadelphia Mint.
History of the 1883 (With CENTS) V Nickel
Cherrypicking should be relatively easy with the 1883 (With CENTS) V Nickel due to the higher mintage of the coin. The mintages were much higher in later years of this series, but this was high for the first year. Charles E. Barber was the designer for this coin and had to make a few renditions before it was approved. The obverse of the coin features a left-facing Liberty head with thirteen stars. The reverse features the “V” at the center surrounded by a wreath of plants and corn. This coin is typically well-struck and can be found in many grades, and it will command a premium in the highest grades.
1883 (With CENTS) Liberty Head Nickel Value
The 1883 (With CENTS) V Nickel value reaches upwards of $34,000 for the highest grades, although it can be found much more affordable in lower grades. The mint expected a high demand for this coin, and although the No CENTS version had a lower mintage, it is much more common than the With CENTS version. The 1883 With Cents Liberty Head Nickel would make a great addition to any V Nickel series collection.
Type of coin: Nickel
Year: 1883 (With CENTS) V Nickel
V Nickel Mint Mark: Philadelphia
Total mintage: 16,026,000
Metal content: 75% Copper, 25% Nickel
Face value: Five Cents
Weight: 5.00 grams
Edge: Plain
Designer: Charles E. Barber
Diameter: 21.20 millimeters