1883 No Cents Liberty V Nickel ☆ Nice Liberty ☆☆ Great For Sets 418

Denomination: 5C

Coin: Liberty

Composition: Copper

Year: 1883

Fineness: 0.95

Strike Type: Business

Mint Location: Philadelphia

KM Number: 90

Variety: No Cents

Country of Origin: United States

The 1883 "No Cents" Liberty Head V Nickel is one of the most famous and historically fascinating coins in American numismatics. As the first year of issue for the new design, the U.S. Mint initially struck these coins without the word "CENTS" on the reverse, featuring only a large Roman numeral "V." Enterprising individuals quickly realized the coin was almost identical in size to a $5 gold piece and began gold-plating them to pass off to unsuspecting merchants—giving rise to the legendary "Racketeer Nickel." The Mint quickly changed the design later that year, making this short-lived, original variety a must-have historical curiosity for any serious collector.