Price Guide for 1881 Nickel Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceCirculated: $45.00 – $1,145.63Uncirculated: $230.00 – $8,518.75
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eBayCirculated: $89.00 – $1,269.00Uncirculated: $28.77 – $3,200.00
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PCGS Price GuideCirculated: $250.00 – $1,250.00Uncirculated: $1,300.00 – $7,500.00
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3rd Party PriceCirculated: $230.40 – $480.00Uncirculated: $2.75 – $5,581.25
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eBayCirculated: $233.50 – $283.56Uncirculated: $249.95 – $4,000.00
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PCGS Price GuideCirculated: $75.00 – $300.00Uncirculated: $325.00 – $12,500.00
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3rd Party PriceUncirculated: $184.00 – $9,775.00
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eBayUncirculated: $419.00 – $1,401.67
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PCGS Price GuideUncirculated: $550.00 – $25,000.00
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3rd Party PriceUncirculated: $2,220.00 – $14,688.00
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PCGS Price GuideUncirculated: $3,500.00 – $10,000.00
Design and Specifications of the 1881 Nickel
The 1881 Liberty Head Nickel, also known as the V Nickel, was part of a series that began in 1883 and continued until 1912. This coin represents the transition period between the Shield Nickel and the Liberty Head design. The Liberty Head Nickel was introduced to replace the Shield Nickel, which had been criticized for its design and striking difficulties.
Although the series officially started in 1883, pattern coins were struck in 1881 and 1882. The 1881 nickel is considered a pattern coin, making it extremely rare and highly sought after by collectors.
| Weight | 5.0 grams |
|---|---|
| Diameter | 20.5 mm |
| Mint Marks | No mint mark (Philadelphia) |
| Composition | 75% copper, 25% nickel |
| Obverse Design | Liberty head facing left, designed by Charles E. Barber |
| Reverse Design | Roman numeral V surrounded by a wreath, designed by Charles E. Barber |
Rarity Factors and Value Drivers
The condition of the 1881 Liberty Head Nickel is crucial to its value. As a pattern coin, most examples were carefully preserved, but any signs of handling or wear can significantly impact the value. Proof specimens are particularly desirable.
Collectors highly prize coins with:
- Sharp, well-defined details on Liberty’s hair and the wreath
- Strong, clear striking of the date and lettering
- Minimal contact marks or blemishes
- Original surfaces with no signs of cleaning or alteration
Mintage: Approximately 100
Rarity Scale: Very Rare
Circulation Status: Not Intended for Circulation
Preservation Rarity: Extremely rare in all grades, particularly in Proof condition
Varieties Errors: None known
Market Demand: High, due to its status as a pattern coin and extreme rarity
The 1881 Liberty Head Nickel’s value is primarily driven by its extreme rarity as a pattern coin. Additional factors that can influence its value include:
- Provenance: Coins with a documented history of ownership by notable collectors can command a premium
- Certification: Coins graded and authenticated by reputable third-party grading services (e.g., PCGS, NGC) often sell for higher prices
- Toning: Natural, attractive toning can enhance the coin’s appeal and value
- Strike quality: Well-struck examples with full details are more desirable
Given its status as a pattern coin, the 1881 Liberty Head Nickel is a true numismatic treasure, appealing to advanced collectors and investors in rare U.S. coinage.
