The 1912 Liberty Head Nickel Proof is a rare and highly collectible coin that marks the final year for this famous design. Produced in a limited quantity of just 2,145 pieces, it has become a sought-after item for coin collectors due to its rich history, unique design, and exceptional value. In this guide, we’ll break down its key features, history, and current market value to help you understand why this coin is so special.
History and Design of the 1912 Liberty Head Nickel
The Liberty Head Nickel, designed by Charles E. Barber, was introduced in 1883 and continued to be minted until 1912. The 1912 version is especially significant because it was the last of its kind. This coin is composed of 75% copper and 25% nickel, with a plain edge and a diameter of 21.2 mm.
The obverse (front) of the coin features a left-facing portrait of Liberty wearing a coronet inscribed with the word “LIBERTY.” The coin is surrounded by 13 six-pointed stars, representing the original 13 American colonies, and the date “1912” appears at the bottom.
The reverse (back) of the coin displays the Roman numeral “V” in the center, signifying the coin’s value of five cents. The numeral is encircled by cotton and corn, representing the agricultural heritage of the United States. Above the wreath is the motto “E PLURIBUS UNUM,” and the inscription “UNITED STATES OF AMERICA” runs along the top, with “CENTS” at the bottom.
1912 Liberty Head Nickel Proof Value
The value of the 1912 Liberty Head Nickel Proof can range significantly depending on the coin’s condition. Most coins are valued at around $325, but those in higher grades, such as “Deep Cameo” or “Ultra Cameo,” can fetch much higher prices. The finest examples of this coin have been known to sell for as much as $17,400 at auction.
The total mintage of the 1912 Liberty Head Nickel Proof was 2,145, with more than 1,300 of these coins certified by major grading services. Coins in excellent condition, especially those with strong cameo contrasts, are in high demand. For collectors, obtaining a coin with a grade of Proof 67 or higher is a noteworthy achievement.
1912 Liberty Head Nickel Proof: Key Specifications and Market Data
Here is a quick look at the key specifications and market data for the 1912 Liberty Head Nickel Proof:
Feature | Details |
---|---|
Country | United States of America |
Year of Issue | 1912 |
Denomination | Five Cents (USD) |
Mintmark | None (Philadelphia Mint) |
Mintage | 2,145 |
Alloy | 75% copper, 25% nickel |
Weight | 5.0 grams |
Diameter | 21.2 mm |
Edge | Plain (smooth) |
Obverse Designer | Charles E. Barber |
Reverse Designer | Charles E. Barber |
Quality | Proof |
Current Market Price | $325 to $17,400, depending on grade |
Collecting the 1912 Liberty Head Nickel Proof
The 1912 Liberty Head Nickel Proof is highly prized among collectors due to its limited mintage and historical significance. Since its release, many of these coins have been carefully preserved, and the population of high-quality examples is quite small. As of November 2024, over 1,300 of the 2,145 minted coins have been certified by major grading companies such as PCGS, NGC, and CAC.
Coins that are graded at Proof 67 or higher are especially valuable. For example, some coins with “Cameo” or “Deep Cameo” features have sold at auction for thousands of dollars. As a result, these coins continue to be in high demand, and their value is expected to rise as more collectors seek them out.
Conclusion
The 1912 Liberty Head Nickel Proof is more than just a coin—it’s a piece of history. With its limited mintage, distinctive design, and impressive value, it remains one of the most sought-after coins for collectors. Whether you’re a seasoned numismatist or a newcomer to the hobby, adding a 1912 Liberty Head Nickel Proof to your collection is a valuable investment in both history and art.
FAQ’s
What is the value of the 1912 Liberty Head Nickel Proof?
The value of a 1912 Liberty Head Nickel Proof ranges from around $325 for lower-grade coins to over $17,000 for coins in exceptional condition, especially those with cameo features.
How many 1912 Liberty Head Nickel Proofs were made?
Only 2,145 1912 Liberty Head Nickel Proofs were struck, making this a rare and highly collectible coin.
What makes the 1912 Liberty Head Nickel Proof special?
The 1912 Liberty Head Nickel Proof is significant due to its unique design, limited mintage, and its status as the final year of the Liberty Head Nickel series.