1883 5C With CENTS FR2

CERTIFICATION#: 19088197
PCGS#: 3844

Owner's Comments

First Year With Cents

Expert Comments

Ron Guth: In response to the problems created by the missing CENTS on the first Liberty Head Nickels, Mint personnel made sure to add the word to new Nickels mid-1883.  This created the third (and final) type change on 1883 Nickels.  Mint employees over-produced the With CENTS Nickels to the tune of over 16 million pieces, the highest mintage since 1868, and a quantity that would not be exceeded until 1890.  Not surprisingly, it is easy to locate an 1883 With CENTS Nickel in virtually any grade up to, and including, MS66.  In MS67, only a single example has been certified by PCGS.
 

The interesting thing about this coin is that it illustrates the significance placed on first-year-of-issue coins.  In this case, the first Liberty Head Nickel of the year, the 1883 No CENTS, has a mintage that is just over a third of the With CENTS version.  Based on mintages alone, one could reasonably expect the latter to be three times as common as the former.  In reality, the first-year-of-issue effect overwhelms the mintage figures.  Based on the PCGS Population Report, the No CENTS version survives at the rate of more than six times that of the With CENTS – a complete reversal of what the mintages project.


The strike quality is generally good to excellent on the 1883 With CENTS Nickel.  Look for the first signs of weakness on the ear of corn on the left side of the reverse.
 

Diameter: 21.20 millimeters Designer: Charles E. Barber Edge: Plain
Mintage: 16,026,000 Weight: 5.00 grams Metal Content: 75% Copper, 25% Nickel
2
13
6
3
18
4
4
23
6
25
1
8
32
1
12
50
20
60
1
25
65
4
30
70
10
45+
115
50+
125
53+
130
55+
140
58+
155
62+
210
63+
265
64+
340
4

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 30,000 R-2.7 7 / 32 TIE 7 / 33 TIE
60 or Better 2,000 R-4.6 19 / 32 TIE 19 / 33 TIE
65 or Better 500 R-6.0 21 / 32 21 / 33

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade
2 MS66+ PCGS grade
2 MS66+ PCGS grade
4 MS66 PCGS grade
4 MS66 PCGS grade Club 33 Collection (PCGS Set Registry)