1885 Liberty Head "V" Nickel — the key date of the series, struck only at Philadelphia
An MS-67 example sold for $74,750 at American Numismatic Rarities in 2006 — and even battered circulated examples routinely fetch $300–$500. With only ~1,472,700 struck and very few saved at the time, the 1885 is the key date every Liberty Nickel collector must have. Use the free tools below to find out what yours is worth today.
The Repunched Date is the most sought-after variety on the 1885 Liberty Nickel. Work through the four checks below to see if your coin shows this premium error.
Left: standard 1885 date. Right: Repunched Date showing secondary impression on the second "8" digit.
Date digits are clean and single-impression. No doubling or shadow visible on the "8" digits even under a 10× loupe. All letters in LIBERTY appear sharp with no duplication.
A faint secondary impression of one or both "8" digits is visible slightly offset from the primary punch. Under 10× magnification, the secondary punch appears as a raised shadow or notch at the upper or lower rim of the digit.
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The 1885 Liberty Nickel was struck only at the Philadelphia Mint. No mint mark appears on the coin. Select "Proof Strike" if your coin has mirror-like fields and frosted devices.
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Five distinct error and die-variety types make the already-scarce 1885 Liberty Nickel even more collectible. Each variety adds a different premium over the standard coin's already-elevated base value. Use this guide to determine whether your coin falls into one of these premium categories.
The Repunched Date variety on the 1885 Liberty Nickel occurs when the die sinker applied the date punches more than once, with the second strike landing at a slightly different position. The most prominent doubling appears on the second "8" digit, where a raised secondary impression sits just above or below the primary numeral.
To identify this variety, examine the date under a 10× loupe with raking light. The secondary punch manifests as a clearly raised notch or curved sliver of metal adjacent to the main "8." This is a raised feature — not a scratch — and appears consistent in position and height on all authentic examples.
Collectors pay a significant premium because the 1885 is already a key date, and confirmed variety specimens are far rarer still. Attribution by CONECA or PCGS's VarietyPlus program adds collector confidence and further elevates market value, particularly in VF-25 and above grades.
A die clash occurs when the obverse and reverse dies strike each other without a planchet between them during the minting process. The impact transfers a faint mirror image of each die's design onto the opposing die. On the 1885 Liberty Nickel, a clashed obverse die can leave traces of the reverse wreath and lettering faintly visible in the coin's obverse field, while the reverse may show a ghost of Liberty's hair or diadem.
Under a 10× loupe, look for fine raised lines or curved impressions in the open field areas — particularly near the obverse stars or in the reverse field alongside the large V. These impressions are raised (not incuse) and follow the contour of the opposing die's design elements, distinguishing them from ordinary scratches or handling marks.
Clashed die examples are genuinely scarce on this date because the low mintage means fewer total coins came from any given die pair. Even a light clash adds meaningful collector appeal because it tells the story of the mint's working conditions in 1885, and confirmed examples in EF-40 carry premiums of 20–40% over uncashed coins.
Die cracks are fractures that develop in working dies during extended use under high striking pressure. On the 1885 Liberty Nickel, several distinct die crack varieties are documented, including a dramatic crack running from the rim above star one through the "188" in the date, and another traveling from star four through Liberty's diadem to star seven. These cracks transfer to every coin struck from that die as raised lines on the coin's surface.
To identify a major die crack, look for a raised (not incuse) continuous or near-continuous line crossing the coin's surface. The line will follow the die's surface geometry and will be consistent in width. Unlike a scratch, a die crack is raised above the field because the fractured die metal creates a raised channel on the finished coin.
Major die cracks are documented by CoinWeek and Liberty Nickel specialists, and are considered die-state collectibles. Late-die-state examples showing significant crack progression, die sinking, or cuds at the rim command the strongest premiums. Attribution to a specific die variety increases collector demand, particularly among die-state specialists.
A broadstrike occurs when a planchet is struck outside the collar die that normally restrains the metal's lateral spread. Without the collar, metal flows outward freely during the strike, producing a coin that is larger in diameter than normal and has a flattened or absent rim. On the 1885 Liberty Nickel, a broadstrike is particularly dramatic because the complete design — including the full date and LIBERTY — is still present, just spread across the wider diameter.
To identify a broadstrike, measure the coin's diameter — a normal 1885 nickel measures 21.2 mm. A broadstruck example will measure noticeably larger, often 22–24 mm, with the design spread proportionally outward. The rim will be flat or nearly absent. The design details remain fully visible because no portion of the die image is missing, which distinguishes a broadstrike from an off-center strike.
Broadstrike errors on key-date coins like the 1885 Liberty Nickel carry a double premium: one for the already-scarce base coin, and another for the mint error itself. Collectors specifically pursue key-date broadstrikes because they combine two different collecting motivations in a single coin, and the rarity of both factors multiplied makes these pieces genuinely hard to source.
The Philadelphia Mint produced 3,790 proof 1885 Liberty Nickels for sale directly to collectors and coin cabinet assemblers of the era. Proof coins were struck multiple times on specially polished planchets using highly polished dies, producing coins with deeply mirrored fields and sharply frosted design devices. The result is a dramatic cameo-contrast appearance quite unlike any business strike example.
To identify a proof 1885 nickel, look for mirror-like reflectivity in the flat field areas — your reflection should be clearly visible in the coin's obverse or reverse field when tilted. The design devices (Liberty's portrait, the wreath, the V) will appear frosty or satiny against the mirrored background. The strike will be extremely sharp with all details fully brought up, including the corn ear on the reverse wreath.
Despite having a higher survival rate than business-strike MS examples, gem proof 1885 nickels remain significant four- and five-figure coins. The record for a proof example stands at $17,038 for a PR-68 example sold in 2019 by Legend Rare Coin Auctions per PCGS CoinFacts. Even problem-free PR-63 examples regularly bring $1,400–$1,800 at major auction houses.
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Calculate My Coin's Value →Values below are based on current auction data and dealer price guides. For a complete step-by-step breakdown of how condition is determined and how it affects price, see this detailed 1885 Liberty nickel identification guide and reference walkthrough. Highlighted rows indicate the most premium varieties.
| Variety / Type | Worn (G–VG) | Circulated (F–VF–EF) | Uncirculated (AU–MS-63) | Gem (MS-64+) |
|---|---|---|---|---|
| Regular Business Strike | $300 – $670 | $930 – $1,450 | $1,987 – $4,247 | $6,000 – $30,000+ |
| ⭐ Repunched Date | $600 – $1,200 | $2,000 – $4,500 | $4,500 – $8,000 | $10,000+ |
| Clashed Dies | $450 – $900 | $1,200 – $2,500 | $2,500 – $5,000 | $7,000+ |
| 🔥 Major Die Crack | $400 – $800 | $1,000 – $2,500 | $2,500 – $4,500 | $6,000+ |
| Broadstrike Error | $400 – $750 | $800 – $2,000 | $2,000 – $4,000 | $5,500+ |
| Proof Strike | — | $900 – $1,400 (impaired) | $1,400 – $3,500 (PR-60–63) | $4,000 – $17,000+ (PR-64–68) |
⭐ = Signature variety (most searched). 🔥 = Rarest variety. All values in USD. Cleaned, damaged, or "details-graded" examples sell for significantly less. Verify current prices before buying or selling.
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The Philadelphia Mint was the sole producer of the 1885 Liberty Nickel.
| Strike Type | Mint | Mintage | Estimated Survivors (All Grades) | Estimated MS Survivors |
|---|---|---|---|---|
| Business Strike | Philadelphia (P) | ~1,472,700 | Tens of thousands (mostly heavily worn) | ~666 certified (PCGS/NGC/ANACS combined) |
| Proof Strike | Philadelphia (P) | 3,790 | ~1,897 certified (high survival rate) | ~315 CAMEO examples certified |
| Total Production | ~1,476,490 | Most circulated survivors are heavily worn (G–VF range) | ||
The 1885 Liberty Nickel has the second-lowest mintage in the entire Liberty Nickel series, behind only the 1912-S (238,000 struck). However, because coin collecting was not yet a popular hobby in 1885, far fewer examples were saved by the public, making the 1885 more challenging to obtain in high grade than even the 1912-S despite its higher face-count mintage.
Liberty Nickels are primarily graded by the visibility of the word LIBERTY on Liberty's coronet headband, combined with hair detail and luster. The 1885 is especially important to grade correctly — a one-grade difference can mean thousands of dollars.
LIBERTY letters are mostly flat or partially visible. Rim may merge with design elements on the obverse. Hair detail is worn smooth. Even in this condition the 1885 commands strong three-figure prices due to its key-date status.
All LIBERTY letters visible; in VF more than half of Liberty's hair detail is present. Wreath leaves show moderate to light wear. EF-40 shows only light wear on the highest hair points. This is the most commonly available grade range for the 1885.
Only trace or no wear on Liberty's hair above the ear and on the reverse corn ear. Original luster present in protected areas (around stars, in the date). Contact marks visible at MS-63. These coins are genuinely scarce — only ~666 total certified examples exist.
Full cartwheel luster with very few contact marks. MS-65 and above are extremely rare — only a handful of MS-66 and MS-67 examples exist. The finest known is a PCGS MS-67 that sold for $74,750 in 2006. Gem examples are true condition rarities.
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The 1885 is one of the most recognized numismatic rarities in the US nickel series. Choose your selling venue based on the coin's grade and variety status.
For certified examples in EF-40 and above, or any confirmed variety specimen, a major auction house delivers the deepest pool of serious collectors. Heritage and Stack's Bowers have both set strong 1885 Liberty Nickel price records. Expect 15–20% seller's commission but also the highest realized prices for premium examples.
For circulated to mid-grade examples in PCGS or NGC holders, eBay reaches thousands of buyers actively searching for 1885 Liberty Nickels. Check the recently sold prices for 1885 Liberty Nickels and actual completed listings to price your coin competitively before listing. Never list raw (uncertified) examples above $200 without grading first — buyers are suspicious of raw key dates.
A reputable local dealer can provide an immediate offer, which is convenient for circulated examples in the $300–$1,000 range. Dealers typically offer 50–70% of retail for resale coins. Get at least two dealer quotes before accepting any offer — the 1885 is a key date that every dealer knows, and offers vary widely.
The numismatic Reddit communities are active and knowledgeable. For mid-grade certified examples, posting in r/coins or r/Coin_op can attract direct collector buyers at fair prices without auction fees. Include clear photos of both obverse and reverse, the holder's certification number, and an asking price anchored to recent auction data.
The 1885 Liberty Nickel is the key date of the series. Even heavily worn examples in Good-4 condition bring around $300–$400. Fine specimens typically sell for $900–$1,000. Uncirculated (MS-63) examples command $4,000–$5,000, while gem MS-65 coins fetch $10,000 or more. The auction record stands at $74,750 for an MS-67 example sold in 2006 by American Numismatic Rarities.
The 1885 Liberty Nickel has the second-lowest mintage in the entire series at approximately 1,472,700 business strikes, surpassed only by the 1912-S. More importantly, few were saved at the time of issue because coin collecting wasn't yet widespread. Today only about 666 Mint State examples have been certified combined across PCGS, NGC, and ANACS, making Uncirculated specimens genuinely rare.
According to population data from PCGS, NGC, and ANACS combined, approximately 666 Mint State business-strike examples have been certified. The Philadelphia Mint also produced 3,790 proof strikes that year, and because proofs were sold directly to collectors, a higher proportion survived. Total surviving circulated examples number in the tens of thousands, though most are heavily worn.
The Repunched Date variety — where the digit '8' shows a secondary punch beneath the primary — is the most sought-after error variety. Certified examples in VF condition have sold for $2,000–$4,500, well above the standard 1885 Liberty Nickel price for the same grade. Die clash errors and major die crack varieties also carry meaningful premiums over problem-free regular strikes.
Start with the word LIBERTY on the headband. In Good (G-4), it's mostly flat. In Fine (F-12), all letters show but may be weak. In Very Fine (VF-20), more than half of Liberty's hair detail is visible. Extremely Fine (EF-40) shows only light wear on the hair above the ear. About Uncirculated (AU-50) has only trace wear on the highest hair points. Mint State grades require zero wear and are evaluated by luster quality and contact marks.
The Repunched Date variety shows a secondary, slightly offset impression of the '8' digit beneath the primary date digits. This occurred when the hub or hand punch was applied more than once at a slightly different angle during die preparation. Under a 10x loupe you can see a shadow or doubling of the '8' digit, sometimes also affecting the neighboring '8'. Attributed varieties carry a meaningful premium in all circulated grades.
Interestingly, gem proof examples are often less expensive than gem Mint State business strikes. In PR-63 a proof typically brings around $1,400–$1,500, while an MS-63 business strike commands $4,000–$5,000. This is because proof survival rates are much higher — collectors bought them at issue, so far more were preserved. Gem proof 1885 nickels in PR-65 and above do carry strong four-figure prices.
For high-grade or error specimens (MS-63 and above, or confirmed variety coins), consigning to a major auction house like Heritage Auctions or Stack's Bowers typically achieves the strongest result because serious collectors participate. For circulated mid-grade examples, certified coins on eBay reach a wide buyer pool. Always have the coin authenticated and graded by PCGS or NGC before selling any specimen worth over a few hundred dollars.
The obverse features a left-facing portrait of Liberty wearing a coronet inscribed LIBERTY, surrounded by 13 stars and the date 1885. The reverse displays a large Roman numeral V (five) at center, encircled by a laurel wreath of corn, wheat, and cotton, with the legends UNITED STATES OF AMERICA and E PLURIBUS UNUM, and CENTS below the wreath. Designer Charles E. Barber created both sides. The coin measures 21.2 mm in diameter and weighs 5.0 grams.
Never clean your 1885 Liberty Nickel. Cleaning — even gentle polishing — removes the coin's natural toning and surface luster, permanently damaging its grade. PCGS and NGC will label cleaned coins as 'details' grades, dramatically reducing their market value. An original, problem-free example in VF-25 can sell for over $1,000, while a cleaned coin in the same apparent grade may fetch only a fraction of that amount.
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