Coin Specifications

Category: Liberty Head Five Cents (1883-1913)
Mint: Philadelphia
Mintage: 5,474,300
Catalog: KM-111
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 NO CENTS 5C MS obverse 1883 NO CENTS 5C MS reverse


  
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VarietyPlus®


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Description & Analysis

The dies for Charles Barber's new Liberty Head Nickel were not quite ready at the beginning of 1883, and the Philadelphia Mint was compelled to produce well over a million of the old Shield Nickels to meet immediate demand. The first new coins were struck January 30 and released two days later.

This issue had a fairly short production run before the reverse was revised to include the value CENTS (see next entry). As a new design, this coin would have been hoarded to some extent in any case, but false rumors spread that the CENTS-less nickels would be recalled and become rare. As a result, this is the most common Liberty Head Nickel in Mint State grades, and circulated pieces grading XF and AU are also rather common. Gems are plentiful, to the delight of type collectors seeking this one-year-only edition.

The typical 1883 No CENTS nickel is weakly struck in several stars and at the corn cob in the lower left portion of the wreath (this second trouble spot is directly opposite the highest point of relief on the obverse). Well struck pieces are available, due to the sheer number of Mint State survivors.

This type and all subsequent copper-nickel five-cent pieces are slightly larger in diameter than the Shield type. This change was made to improve striking quality, though it was only modestly successful in that respect. At five grams the nickel was still too thick in relation to its diameter for good filling of the dies.

This issue is rich in repunched date varieties, most of them rather minor. The better ones are recognized by NGC under its VarietyPlus Service.

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 NO CENTS 5C MS
  GVGFVF4045505355586061626364656667686970
Base $ 7.50 8.75 10.00 11.25 12.50 12.50 14.00 15.50 19.00 24.00 30.00 33.00 41.00 62.00 95.00 230 435 3500 - - -
$ - - - - 26.00 32.00 36.00 47.00 66.00 105 250 765 5300 -
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Census

 
NGC GRADE SUMMARY

Total Graded: 6887
Low Grade: G
Average Grade: 63
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
5/11/2003 NGC MS 64   Teletrade Auction 1722, 1722/Lot# 1057 $71.50
7/25/2005 NGC MS 66   David Lawrence Rare Coins Internet-Only Auction #47, 52/Lot# 108 $615.25
2/28/2012 PCGS MS 66   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 1827 $316.25
5/27/2012 PCGS MS 63   Goldberg May 27-31, 2012 The May Pre-Long Beach Auction, 69/Lot# 517 $69.00
7/8/2012 PCGS AU 58   GreatCollections GreatCollections Coin Auctions 07/08/2012, 30/Lot# 61577 $33.99
12/1/2013 NGC AU 58   GreatCollections GreatCollections Coin Auctions 12/01/2013, 103/Lot# 154704 $41.00
3/23/2014 PCGS MS 64   Heritage Auctions Internet Coin Auction Session(1), 131413/Lot# 24103 $82.00


NGC Registry

NGC Registry Score 1883 NO CENTS 5C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base369916202428374559678911114730454613572754479356756672
4791117212531394961749612319938481618223433508760070
0000002531394961749612319938481618223433508700
000000263442546481103135251465108622884113538100
1883 NO CENTS 5C MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base333331220324150637281102147220642127130575037934417132
333361424354454667588117171360851186637176472119400
0000002435445466758811717136085118663717647200
00000028384758697895132195501106124614377790800
Registry Image Gallery
Grade: MS 67
Points: 3433
Owner: NMK8104
 
Grade: MS 67
Points: 2754
Owner: Davis Creek Trust
 
View the Registry Image Gallery

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