We are pleased to offer for sale this 1898 Liberty Head V Nickel G-4 or Better. The Liberty Head V Nickel is circulated and will grade G-4 (Good Four) or better. This Liberty Head V Nickel will have no major marks or visible problems (just honest wear) making it a great value and an ideal choice for filling the holes in any circulated set.
Information on the Liberty Head V Nickel Series:
In 1881, Mint Director Archibald Snowden decided to unify the designs on the 1-cent, 3-cent and 5-cent coins. Mint Chief Engraver, Charles Barber, was chosen to design the new coins. Snowden was unable to gain the required support to change the 1-cent and 3-cent designs, so only the 5-cent design was produced for circulation.
Barber chose a classical design for the obverse, featuring the figure of a woman facing left. The woman is wearing a coronet engraved with the word 'LIBERTY' and sprigs of wheat and cotton in her hair. She is surrounded by thirteen stars, the date appears below her. The reverse of the Liberty Nickel displays the Roman numeral V inside a wreath made of ears of corn, ears of wheat, bolls, and leaves of cotton. Above the wreath is the legend 'UNITED STATES OF AMERICA', and the motto 'E PLURIBUS UNUM' below the legend. The word 'CENTS' appears below the wreath.
Controversy immediately followed the release of this nickel, as the denomination, 'CENTS', did not appear on the coin. Counterfeiters reeded the edges and plated the Liberty Nickels in gold in an attempt to pass them off as 5 dollar gold coins. These Liberty nickels were called "Racketeer" nickels. Within the year, the mint added the denomination to the reverse side and production continued.
The 1898 Liberty Head V Nickel G-4 or Better is comprised of .750 copper and .250 nickel, with a diameter of 21.2mm and a mass of 5 grams. There were 12,530,292 of this Liberty Head V Nickel minted. It is a great value and perfect for any Liberty Head V Nickel collection.