Liberty Head nickel

Liberty head nickel
United States
Value5 cents (.05 US dollars)
Mass5.000 g (0.1615 troy oz)
Diameter21.21 mm (0.8350 in)
EdgePlain
Composition
Years of minting1883–1913
Mint marksD, S. 1912 only; adjacent to the dot separating the words "CENTS" and "UNITED". Philadelphia Mint pieces lack mint mark.
Obverse
DesignLiberty, wearing a coronet and wreath
DesignerCharles Barber
Design date1883
Design discontinued1913
Reverse
DesignRoman numeral V, for 5, indicating the denomination, surrounded by a wreath
DesignerCharles Barber
Design date1883
Design discontinued1883
DesignerCharles Barber
Design date1883
Design discontinued1913

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.

Beginning in 1911, the Mint began work to replace the Liberty head design, and a new design, which became known as the Buffalo nickel, went into production in February 1913. Although no 1913 Liberty head nickels were officially struck, five are known to exist. While it is uncertain how these pieces originated, they have come to be among the most expensive coins in the world, with one selling in 2018 for $4.5 million.