1894 5C MS64

CERTIFICATION#: 03665393
PCGS#: 3855

Owner's Comments

Expert Comments

Ron Guth: In 1894, the mintage for Liberty Head Nickels dropped dramatically from the year before, to the lowest level since 1886.  In practice, the reduced mintage had very little to do with the number and quality of survivors.  For example, the total population of Mint State 1894 Nickels is only slightly less than other, more common dates, but the number of MS66 survivors is higher than any previous year except 1883.  Despite this glaring contradiction, price guides continue to favor this date, indicating a preference for mintage over survivorship -- one of the interesting anomalies in numismatics.

It is very difficult to find a Liberty Head Nickel with the first two stars on the lower left that are not nearly or completely flat.  Sometimes other stars are weakly struck, as well, and Uncirculated examples are known with all stars flat.  Clearly, the more desirable examples will feature a full strike, but collectors do not yet demand this from their Nickels.

Diameter: 21.20 millimeters Designer: Charles E. Barber Edge: Plain
Mintage: 5,410,500 Weight: 5.00 grams Metal Content: 75% Copper, 25% Nickel
2
14
5
3
12
8
50
10
55
45+
285
50+
300
53
310
2
53+
310
55+
320
58+
345
62+
425
63+
480
64+
750
3
65+
1,850
1
66+
7,500
2

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 20,000 R-2.8 4 / 32 TIE 4 / 33 TIE
60 or Better 900 R-5.2 3 / 32 TIE 3 / 33 TIE
65 or Better 200 R-7.0 6 / 32 TIE 6 / 33 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS66+ PCGS grade
2 MS66 PCGS grade
2 MS66 PCGS grade
2 MS66 PCGS grade  
2 MS66 PCGS grade