1898 V Nickel
The 1898 V Nickel had a total mintage of over 12.5 million coins struck. This was significantly less than the previous year, but still a fairly plentiful coin. The 1898 Liberty Head Nickel can be found in circulated and uncirculated Mint State grades up to about Mint State 65. The price is lower in this range than some of the others in the series, but would continue to rise if found in higher grades. Continue reading to learn more about 1898 V Nickel Value.
AUCTION RECORD: $9,988 • MS67
Image source: PCGS
History of the 1898 Liberty Head “V” Nickel
The 1898 Liberty Head “V” Nickel is worth cherrypicking. Although most of the coins in the series and on this date are well-struck, there are issues with the stars specifically showing some weaker strike spots. Charles E. Barber designed the V Nickel and it features the left-facing head of Lady Liberty wearing a crown that says LIBERTY, and the reverse showcasing the Roman numeral V to represent this five cent coin. It is surrounded by a wreath and has the words CENTS below it, which was added in the first year of issue after issues with fraud.
1898 V Nickel Value
The 1898 V Nickel value reaches upwards of around $8,000 for the highest grades of the coin, which seem to cap out mostly around MS65. This is an affordable coin within the series, as well as a plentiful one, making it a great choice for those new to adding to their collection and looking for value. The 1898 V Nickel would make an excellent addition to a Liberty Head collection.
Type of coin: Nickel
Year: 1898 V Nickel
V Nickel Mint Mark: Philadelphia
Total mintage: 12,530,292
Metal content: 75% Copper, 25% Nickel
Face value: Five Cents
Weight: 5.00 grams
Edge: Plain
Designer: Charles E. Barber
Diameter: 21.20 millimeters
FAQ
What is the value of an 1898 V Nickel?
The value of an 1898 V Nickel can vary widely based on its condition. In lower grades, it might be worth a few dollars, while in uncirculated condition, its value can increase significantly, often exceeding $100.
How much is an 1898 V Nickel worth in good condition?
In good condition (G4), an 1898 V Nickel is typically valued at around $2 to $5. The price can fluctuate slightly based on the coin's overall eye appeal and market demand.
What factors affect the value of an 1898 V Nickel?
Key factors include the coin's condition (grade), any unique features or errors, and the current market demand. Higher grades and exceptional features can significantly increase its value.
Is the 1898 V Nickel rare?
While the 1898 V Nickel is not considered rare in circulated grades, finding one in uncirculated condition or with full details can be more challenging, making such specimens more valuable to collectors.
Can an 1898 V Nickel be worth more than $100?
Yes, an 1898 V Nickel in uncirculated condition (MS60 and above) can be worth more than $100, with prices increasing substantially for coins in higher grades (MS65 and above).
What is the most valuable 1898 V Nickel ever sold?
High-grade examples of the 1898 V Nickel, particularly those graded MS66 and above, can fetch several hundred to over a thousand dollars at auction. The price depends on the coin's condition, eye appeal, and the auction venue.
How do I determine the grade of my 1898 V Nickel?
Coin grading is a nuanced process that evaluates a coin's condition based on factors like wear, luster, and marks. For an accurate grade, consider consulting a professional grading service like PCGS or NGC.
Are there any known errors or varieties for the 1898 V Nickel?
The 1898 V Nickel does not have any widely recognized errors or varieties that significantly impact its value compared to other years in the Liberty Head Nickel series.
How can I sell my 1898 V Nickel?
To sell your 1898 V Nickel, consider reputable coin dealers, numismatic auctions, or online marketplaces. Ensure you have a good idea of its grade and value beforehand to get the best possible price.
What is the best way to store and preserve my 1898 V Nickel?
Store your 1898 V Nickel in a cool, dry place away from direct sunlight. Use acid-free holders or albums designed for coin storage to protect it from environmental damage and handling.
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