1883 V Nickel Question - Coin Community Forum

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Author	Replies: 7 / Views: 1,085
LibertyEagle20 Pillar of the Community United States 1188 Posts	Posted 06/19/2015 5:45 pm so the 1883 V nickel no cent has a mintage of about 5 million and the cents variety had 16 million. Why is the cents one worth so much more if they made triple the amount? Report this Post to the Staff

biokemist6 Bedrock of the Community United States 12437 Posts	Posted 06/19/2015 6:21 pm The W/O Cent nickel has a much higher survival rate due to hoarding while the W/ Cent version freely circulated which led to a higher attrition rate. Report this Post to the Staff
Pytellc Valued Member 469 Posts	Posted 06/19/2015 6:27 pm That's exactly right. People were intrigued by the fact that a coin worth five cents was void of the word "cents," and, instead, was simply given the large Roman numeral "V" to express the value. They were hoarded, as stated above, and kept in very nice condition. That is why the MS coins of that series are very affordable. When I first came across those mintage numbers, I asked the same question. Report this Post to the Staff
SilverStackerKid Pillar of the Community United States 6478 Posts	Posted 06/19/2015 6:45 pm Mintage numbers only play a little bit into value when it comes to coins. Report this Post to the Staff
LibertyEagle20 Pillar of the Community United States 1188 Posts	Posted 06/19/2015 6:47 pm Thanks for the info. Guess it explains why I got a no cents f/xf with the full "liberty" for $8. Seems I may have even overpaid! Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 06/19/2015 6:56 pm And of course, aside from the lack of a denominaton, it was the first year of issue for a new series. Remarkable how inexpensive an Unc 1883 N/C nickel is today, more than 130 yeaars later. Report this Post to the Staff
TypeCoin971793 Pillar of the Community United States 6370 Posts	Posted 06/19/2015 7:22 pm Quote: People were intrigued by the fact that a coin worth five cents was void of the word "cents," and, instead, was simply given the large Roman numeral "V" to express the value. Not exactly right. They were hoarded because there was speculation that they would become rare and valuable when the reverse design changed. Report this Post to the Staff
matthewvincent Pillar of the Community United States 3486 Posts	Posted 06/19/2015 7:37 pm A parallel between the 1913 Buffalo mintages comes to mind. Variety II has only a slighter less mintage but they are more difficult and more costly because not saved as much as Variety I. Edited by matthewvincent 06/19/2015 7:39 pm Report this Post to the Staff
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