1901 V Nickel
The 1901 V Nickel had a total mintage of over 26 million coins struck at the Philadelphia Mint. This coin was keeping up with the large mintages of the previous two years, and is also fairly plentiful and common in most grades up to about MS66, although it has been found in MS67 and commands a large premium for those grades. The Philadelphia Mint was known for its excellent craftsmanship, and the 1901 V Nickel benefited from that skillset. Continue reading to learn more about 1901 V Nickel Value.
AUCTION RECORD: $28,200 • MS67
Image source PCGS
History of the 1901 Liberty Head “V” Nickel
Cherrypicking is advised when seeking out your ideal 1901 Liberty Head “V” Nickel. Most of the coins are well-struck, but weak spots in the details are relatively common within the series. Look for a sharply struck coin that is lustrous. The obverse of the coin features the liberty head wearing a crown that says LIBERTY. She has 13 stars around the border to signify the 13 colonies. The reverse of the coin is where the V Nickel gets its nickname, due to the V Roman numeral at the center of the coin which is framed at the bottom by a wreath. Charles E. Barber designed the Liberty Head V Nickel along with the other Liberty Head coins.
1901 V Nickel Value
The 1901 V Nickel value reaches upwards of $28,000, which was the commanding price for the Mint State 67 coins that were found in previous years. It is worth the effort to find this coin well-struck with attractive surfaces. The 1901 V Liberty Head Nickel is a popular coin that allows for collectors of all kinds to find just what they are looking for in a collection.
Type of coin: Nickel
Year: 1901 V Nickel
V Nickel Mint Mark: Philadelphia
Total mintage: 26,478,228
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 a 1901 V Nickel?
The value of a 1901 V Nickel varies widely based on its condition, ranging from a few dollars for coins in good condition to several hundred dollars for those in uncirculated condition with high grades.
How much is a 1901 V Nickel worth in good condition?
In good condition (G4), a 1901 V Nickel is typically worth 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 a 1901 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 1901 V Nickel rare?
While the 1901 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 a 1901 V Nickel be worth more than $100?
Yes, a 1901 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 1901 V Nickel ever sold?
High-grade examples of the 1901 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 1901 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 1901 V Nickel?
The 1901 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 1901 V Nickel?
To sell your 1901 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 1901 V Nickel?
Store your 1901 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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