1894 5C (Regular Strike)

Series: Liberty Head Five Cents 1883-1912

PCGS MS67

PCGS MS67

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PCGS MS66+

PCGS MS66+

PCGS MS66+

PCGS MS66+

PCGS #:
3855
Designer:
Charles E. Barber
Edge:
Plain
Diameter:
21.20 millimeters
Weight:
5.00 grams
Mintage:
5,410,500
Mint:
Philadelphia
Metal:
75% Copper, 25% Nickel
Major Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

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

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS66+ PCGS grade
2 MS66 PCGS grade MS66 PCGS grade
2 MS66 PCGS grade MS66 PCGS grade
2 MS66 PCGS grade
2 MS66 PCGS grade
2 MS66 PCGS grade
2 MS66 PCGS grade
2 MS66 PCGS grade
2 MS66 PCGS grade
2 MS66 PCGS grade
#1 MS66+ PCGS grade
MS66 PCGS grade #2 MS66 PCGS grade
MS66 PCGS grade #2 MS66 PCGS grade
#2 MS66 PCGS grade
#2 MS66 PCGS grade
#2 MS66 PCGS grade
#2 MS66 PCGS grade
#2 MS66 PCGS grade
#2 MS66 PCGS grade
#2 MS66 PCGS grade
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.