Coin Specifications

Category: Liberty Head Five Cents (1883-1913)
Mint: Philadelphia
Mintage: 16,026,200
Catalog: KM-112
Obverse Designer: Charles E. Barber
Reverse Designer: Charles E. Barber
Composition: Copper-Nickel
Weight: 5.00 Grams
Diameter: 21.2mm
Edge: Plain
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1883 CENTS 5C MS obverse 1883 CENTS 5C MS reverse


  
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Description & Analysis

Since the Liberty Head design had been conceived as part of a three-coin set including nickel cents and three-cent pieces of the same design, it was considered unnecessary to include the word CENTS; it would clearly be understood in the context of three matching coins. When only the five-cent piece was actually issued with the new design, sharpers immediately seized on this opportunity by gold plating them and passing them to the unfamiliar as gold five-dollar pieces which, unfortunately, were of about the same size and thickness. The extent to which this was done has been greatly exaggerated, but the fact that it worked even one time would have been enough to force a redesign. The word CENTS was added at the bottom of the reverse, and this caused the Latin motto to be reduced in size and squeezed into a small space above the wreath.

Though the mintage of this subtype was five times that of the No CENTS nickel in 1883, there existed no incentive to same them in Mint State, so this coin is much more scarce across all grades. Nevertheless, there appear to be enough gems to satisfy advanced collectors of the series. Many will reveal slender die cracks, a problem that retired most dies before they could show much wear.

At least three repunched date varieties are known for this issue. One of them (FS-1301) is transitional with the No CENTS issue, a fact seemingly unreported in reference books.

GRADE SUMMARY

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Price Guide

Last Updated: 2/25/2014

Click on a price to see historical prices, comparison charts and trends.

1883 CENTS 5C MS
  GVGFVF4045505355586061626364656667686970
Base $ 18.50 27.50 37.00 55.00 80.00 80.00 120 125 130 145 165 175 205 230 315 675 1550 16000 - - -
$ 95.00 125 130 135 150 170 185 225 260 355 880 3525 30000 -
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Census

 
NGC GRADE SUMMARY

Total Graded: 970
Low Grade: PrAg
Average Grade: 62
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/16/2006 PCGS MS 64   Teletrade Auction 2146, 2146/Lot# 1127 $336.00
9/23/2007 NGC -1   Goldberg September 23-26, 2007 Pre-Long Beach Coin and Currency Auction, 42/Lot# 2512 $2,530.00
8/10/2009 NGC MS 62   David Lawrence Rare Coins Monday - Internet Auction # 400, 406/Lot# 140 $172.50
8/11/2010 NGC MS 67   Heritage Auctions 2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143, 1143/Lot# 8540 $1,380.00
9/4/2011 PCGS MS 66   Bonhams Coins and Medals, 19251/Lot# 1021 $1,170.00
1/13/2013 NGC AU 53   Heritage Auctions Internet Coin Auction Session(1), 131304/Lot# 20086 $86.00
7/27/2013 PCGS MS 66   Stack's Bowers The August 2013 Chicago ANA World's Fair of Money , 192/Lot# 1648 $3,525.00
6/29/2014 NGC MS 63   GreatCollections GreatCollections Coin Auctions 06/29/2014, 187/Lot# 197606 $165.00


NGC Registry

NGC Registry Score 1883 CENTS 5C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base3245638511515517920122323725827228830438959799015583545515860897138
36517095128163186208227244262277293332458728117922204082546864380
000000186208227244262277293332458728117922204082546800
000000193215232251267282298360527859136828824620577800
Registry Image Gallery
Grade: MS 67
Points: 3545
Owner: Archer Collection
 
Grade: MS 67
Points: 3545
Owner: NMK8104
 
View the Registry Image Gallery

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