1883 5C No CENTS MS66

CERTIFICATION#: 01483757
PCGS#: 3841

Owner's Comments

1883 No Cents MS66. Undoubtedly one of the most common type coins in all of U. S. numismatics, the 1883 No Cents nickel is easily located in all uncirculated grades, up to and including MS66. While it may be accurate to call the No Cents nickel a "common" coin, it is not often available and considering its status as a one-year type, it certainly is not overpriced in grades above MS65.

Expert Comments

Ron Guth: In 1883, mint officials changed the design on the Five-Cents denomination.  A head of Liberty wearing a coronet replaced the old Shield design.  On the reverse, a wreath repalced the stars and a large Roman numeral "V" replaced the old Arabic numeral 5.  Another, seemingly inconsequential change created all sorts of problems when the new coins came out -- the motto "E Pluribus Unum" took the place of the word "CENTS."  Taking advantage of this omission, enterprising individuals plated the new nickels with gold, then passed them off as new Five Dollar gold pieces.  Enough people were fooled that mint officials recognized the problem and fixed it by restoring the word CENTS to its usual place at the bottom of the coin and moved the motto to above the wreath on the reverse.  This change occurred in 1883, creating two major varieties for the year.

The so-called "No CENTS" variety is common in all; grades including Mint State.  Literally thousands of MS-63, MS-64, and MS-65 examples have been certified by PCGS.  Even MS-66 examples are common.  In MS-67, the population drops off a cliff, with PCGS reporting only 16 examples (as of September 2011), with none finer.

Diameter: 21.20 millimeters Designer: Charles E. Barber Edge: Plain
Mintage: 5,474,300 Weight: 5.00 grams Metal Content: 75% Copper, 25% Nickel
1
25
1
2
10
2
3
8
2
4
9
4
6
9
2
8
10
12
11
5
15
11
3
45+
13
50+
15
53+
16
55+
17
58+
22
62+
37

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 100,000 R-2.0 1 / 1 28 / 33 TIE
60 or Better 20,000 R-2.8 1 / 1 33 / 33
65 or Better 5,000 R-4.0 1 / 1 33 / 33

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade
1 MS67 PCGS grade
1 MS67 PCGS grade High Desert Collection (PCGS Set Registry)
1 MS67 PCGS grade  
1 MS67 PCGS grade