The Liberty Head nickel, sometimes referred to as the V nickel because of its reverse (or tails) design, is an American five-cent piece. It was struck for circulation from 1883 until 1912, with at least five pieces being surreptitiously struck dated 1913. The obverse features a left-facing image of the goddess of Liberty.
The first "V" nickels had barely left the Mint when officials found a fundamental flaw in their design: Barber had omitted the word CENTS. Confidence artists were plating the nickels with gold and passing them off to unsuspecting merchants as five-dollar gold pieces. Virtually the same size as half eagles. As brand new coins, they were still unfamiliar to the public, and they lacked any statement of value beyond the letter V-which, could represent either five cents or five dollars.
Barber prepared a new design, this time placing CENTS in big, bold letters below the V. By then, however, the Mint had struck nearly 5-1/2 million of the so-called "No CENTS" nickels, and many had been gold-plated and passed.
5C Liberty Head (V) Nickels
Obverse Designer: Charles E. Barber
Reverse Designer: Charles E. Barber
Composition: 75% Copper, 25% Nickel
Weight: 5.00 grams
Diameter: 21.20 millimeters
Liberty Head (V) Nickels Interest: The 1913 Liberty Head Nickel is considered as one of the most expensive rare coins in the world. Five Liberty Nickel are said to exist with only three as available for acquisition. One piece of it was sold in May 2007 at a coin price of $5 million.