Imagine finding a coin in your change jar that’s worth $6.6 million. That’s the claim surrounding the legendary 1885 Liberty Head Nickel, one of the most coveted rarities in U.S. coin history. But is it really still in circulation? Could you actually find one today?
Let’s separate fact from fantasy and dig into why this nickel is so valuable, and what you should look for if you’re hoping to stumble upon one.
What Is the 1885 Liberty Head Nickel?
The Liberty Head Nickel, also called the “V Nickel” because of the Roman numeral “V” on the reverse, was minted from 1883 to 1913. The 1885 version is especially rare, with only 1.47 million minted — one of the lowest mintages in the series.
This was a time when coins were a daily necessity, and heavy circulation meant few high-quality examples survived. That’s what makes the 1885 nickel such a gem.
Why Is the 1885 Liberty Nickel So Valuable?
While an 1885 Liberty Head Nickel in good condition may be worth $500 to $1,000, the value skyrockets for coins in pristine uncirculated or proof-like condition.
Key Factors Driving Value:
- Low mintage — second lowest in the entire Liberty Nickel series.
- High demand among collectors aiming to complete a Liberty Nickel set.
- Mint state (MS65 or higher) examples are extremely rare.
- If part of a unique provenance or historical collection, it may command astronomical figures.
Fact Check: While some extremely rare nickels — like the 1913 Liberty Head Nickel — have sold for millions, the 1885 version has not been confirmed to sell for $6.6 million in any major auction. Most top-grade 1885 nickels go for $20,000–$50,000, with some exceeding $100,000.
Identifying the 1885 Liberty Head Nickel
| Feature | Details |
|---|---|
| Year | 1885 |
| Design | Liberty Head (Obverse), “V” (Reverse) |
| Composition | 75% Copper, 25% Nickel |
| Mintage | 1,472,700 |
| Mint Location | Philadelphia (no mint mark) |
| Weight | 5 grams |
Could It Still Be in Circulation?
Technically, yes — but realistically, no.
- The 1885 Liberty Nickel is over 135 years old.
- Most were removed from circulation by collectors long ago.
- Finding one in pocket change today would be like winning the lottery.
That said, rare coin finds do happen — often in old family collections, coin jars, or estate sales. So it’s worth keeping an eye out, especially if you’re sorting through inherited coins.
Final Verdict: Is the $6.6 Million Valuation Real?
While the 1885 Liberty Head Nickel is certainly rare and valuable, there is no verified sale or record of it reaching a $6.6 million price. That number is likely an exaggeration or confusion with the ultra-rare 1913 Liberty Nickel, of which only 5 are known and one sold for over $4.5 million.
Still, if you own an 1885 Liberty Nickel in excellent condition, it’s absolutely worth thousands, and maybe much more if professionally graded.
How to Check if Your Liberty Head Nickel Is Valuable:
- Check the Date: 1885 is key.
- Inspect Condition: The less wear, the better. Look for full details on Liberty’s hair and coronet.
- Weigh the Coin: Should be approximately 5 grams.
- Get It Graded: Submit to PCGS or NGC for an official appraisal.
- Compare Past Auctions: Top-condition nickels can sell for five to six figures.