1894 V Nickel

The 1894 V Nickel had a total mintage of just over 5.4 million coins struck at the Philadelphia Mint. The mintage for this coin dropped dramatically compared to the previous years, but there were still comparable amounts of surviving coins in higher Mint State grades. Regardless of the amount of coins that survive in Mint State 65 and Mint State 66, this coin sometimes commands higher prices than others due to the low mintage instead of how many coins survived. The 1894 V Nickel is possible to find in most grades ranging from circulated all the way up to Mint State 67 with a little effort to find it. 

 

History of the 1894 V Nickel

The 1894 V Nickel is one worth searching carefully through. Many of the coins suffer from a weak strike, especially on some or all of the stars on the obverse. Although many coins in the series suffer from weak spots, this doesn’t seem to deter collectors. The V Nickel got its nickname from the Roman numeral V at the center of the reverse that represents this five cent coin. This Liberty Head coin was designed by Charles Barber who was famous for designing the other Liberty Head coins like the Barber Dime, Quarter, and Half Dollar. Lady Liberty’s head can be found on the obverse of all of these coins. 

 

1894 Liberty Head V Nickel Value

The 1894 Liberty Head V Nickel value reaches upwards of over $12,000 for the highest grades of this coin. This is a great value considering the low mintage. It’s possible to build a more affordable collection by seeking out coins of value like the 1894 V Nickel, as well as circulated and lower Mint State grade coins. The 1894 V Nickel is a worthwhile find. 

 

Type of coin: Nickel

Year: 1894 V Nickel

V Nickel Mint Mark: Philadelphia

Total mintage: 5,410,500

Metal content: 75% Copper, 25% Nickel

Face value: Five Cents

Weight: 5.00 grams

Edge: Plain

Designer: Charles E. Barber

Diameter: 21.20 millimeters