The 1912-S Liberty Head Nickel is a remarkable coin in U.S. numismatic history. It’s the final coin in the Liberty Head Nickel series and the only one minted in San Francisco,
making it a coveted piece among collectors. This guide will break down everything you need to know about this rare coin, from its history and key features to its current market value.
Historical Background of the 1912-S Liberty Head Nickel
The Liberty Head Nickel, also known as the “V” Nickel for the Roman numeral on its reverse, was minted from 1883 to 1912.
The 1912-S version is unique because it was the only one in the series to be struck at the San Francisco Mint. It also marks the end of the Liberty Head series, which was soon replaced by the Buffalo Nickel in 1913.
Key Features of the 1912-S Liberty Head Nickel
Collectors value this coin for several important features:
- Obverse Design: The front side of the coin shows Lady Liberty wearing a coronet with the word “LIBERTY” inscribed. Thirteen stars surround her, symbolizing the original thirteen colonies, and the year “1912” is at the bottom.
- Reverse Design: The reverse has a large Roman numeral “V,” representing the coin’s five-cent denomination. It also includes the phrase “E PLURIBUS UNUM” (Out of Many, One), with “UNITED STATES OF AMERICA” encircling the top.
- Mint Mark: An “S” mint mark below the “V” indicates the coin was minted in San Francisco.
- Composition: Made of 75% copper and 25% nickel, the coin weighs 5 grams and has a diameter of 21.2 mm.
Mintage and Rarity
The 1912-S Liberty Head Nickel is particularly rare, with only 238,000 coins minted, the lowest of any Liberty Head Nickel. It’s estimated that fewer than 10,000 of these coins have survived in any condition, which makes high-grade examples extremely valuable.
Grading the 1912-S Liberty Head Nickel
Grading coins helps collectors determine their condition and value. The 1912-S Liberty Head Nickel’s grade can range from heavily worn to uncirculated. Here’s a simple guide:
- Good (G-4): Heavy wear, with most details worn down. Date and mint mark are still visible.
- Very Fine (VF-20): Moderate wear, with clearer details in Lady Liberty’s hair and stars.
- Extremely Fine (EF-40): Minor wear, sharp details, and a clear mint mark.
- Uncirculated (MS-60 to MS-65): No wear, original mint luster, and sharp details.
Market Value of the 1912-S Liberty Head Nickel
The value of the 1912-S Liberty Head Nickel depends on its grade:
- Good (G-4): $125 – $200
- Very Fine (VF-20): $350 – $600
- Extremely Fine (EF-40): $1,000 – $1,500
- Uncirculated (MS-60): $3,000 – $5,000
- Uncirculated (MS-65): $10,000 – $15,000
Prices can vary based on market demand and rarity.
Collecting the 1912-S Liberty Head Nickel: Tips
- Authenticity: Counterfeits exist, so always purchase from trusted dealers and consider getting your coin authenticated by grading services like PCGS or NGC.
- Condition Matters: Higher grades mean higher value. If possible, aim to purchase coins in Very Fine condition or better.
- Proper Storage: Keep your coins safe by storing them in climate-controlled environments and using protective holders.
The Legacy of the 1912-S Liberty Head Nickel
This coin holds a special place in American coinage history. As the final year of the Liberty Head Nickel series and the only one minted in San Francisco,
it’s a must-have for serious collectors. Owning a 1912-S Liberty Head Nickel is like owning a piece of history, representing the end of an era in U.S. coinage.
1. Why is the 1912-S Liberty Head Nickel so valuable?
It’s valuable because it’s the only Liberty Head Nickel minted in San Francisco, and only 238,000 were made. Fewer than 10,000 are thought to still exist.
2. What makes the 1912-S Liberty Head Nickel unique?
It’s the final coin in the Liberty Head series and the only one with an “S” mint mark, denoting it was made at the San Francisco Mint.
3. How much is a 1912-S Liberty Head Nickel worth?
The value can range from $125 in Good condition to over $15,000 in uncirculated condition.
4. How can I tell if my 1912-S Liberty Head Nickel is real?
Always buy from trusted dealers and consider having the coin authenticated by professional grading services like PCGS or NGC.
5. What is the best way to store a rare coin like the 1912-S Liberty Head Nickel?
Store it in a climate-controlled environment in protective holders to prevent damage.
