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Liberty V Nickel 1887 Extra Fine

As low as: $135.00
Inventory
1 available
Product ID
20049
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Description
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The 1887 Liberty Head Nickel, commonly referred to as the “V Nickel,” represents a period of stability and widespread use for one of America’s most enduring coin designs. Struck at the Philadelphia Mint with a mintage of 15,260,692 pieces, it followed the rare and low-mintage years of 1885 and 1886, returning the series to large-scale production to meet the nation’s growing economic activity during the late 19th century. Designed by Chief Engraver Charles E. Barber, the Liberty Head Nickel embodied neoclassical grace, technical precision, and national symbolism, making it both a practical circulating coin and a small work of art. In Extra Fine (XF) condition, the 1887 Nickel displays crisp definition in Liberty’s portrait and the wreath on the reverse, along with light, even wear and appealing natural toning. As an issue that bridges rarity and abundance within the series, the 1887 serves as a classic and affordable representative of Barber’s nickel artistry.

The Liberty Head Nickel series was introduced in 1883 to replace the earlier Shield Nickel, whose design and striking difficulties had rendered it increasingly unpopular. Charles E. Barber’s new design reflected the classical revival aesthetics of the late 19th century, emphasizing balanced symmetry, restrained ornamentation, and allegorical imagery. The original 1883 release became notorious for its “No Cents” design omission, which led to public confusion and counterfeit fraud, prompting a quick modification to include the denomination below the large “V.” By 1887, the revised “With Cents” design had become fully accepted, and the Liberty Nickel enjoyed widespread circulation across the United States. The year’s strong mintage and consistent quality marked a return to stability after the unusual production gaps of 1885 and 1886, reinforcing the coin’s central role in commerce during America’s Gilded Age.

The obverse of the 1887 Liberty Head Nickel features Barber’s stately rendition of Liberty, facing left and adorned with a coronet inscribed with the word “LIBERTY.” Her hair is tied in a bun at the back, with finely detailed curls falling behind her neck, and she is crowned with a wreath of wheat, cotton, and corn—symbols of national agricultural prosperity. Thirteen stars encircle her portrait, representing the original colonies, and the date “1887” is centered below. In Extra Fine condition, Liberty’s portrait retains sharp detail, with clear definition in the hair strands, wreath leaves, and facial features. The word “LIBERTY” remains fully visible on the coronet, though slight wear appears on the cheek and hairline. The fields exhibit smoothness from light circulation but maintain a pleasing, even texture. The coin’s surfaces may display soft silver-gray or pale nickel tones with gentle hints of luster in the protected areas, giving the piece a dignified, historic character.

The reverse design is dominated by the bold Roman numeral “V,” representing the denomination of five cents, framed by an intricately detailed wreath composed of corn, wheat, tobacco, and cotton leaves, tied with a ribbon at the base. The legend “UNITED STATES OF AMERICA” encircles the design, with the motto “E PLURIBUS UNUM” positioned above the wreath and the word “CENTS” clearly displayed below the numeral. This corrected layout, introduced after the 1883 “No Cents” incident, ensured the coin’s denomination was unmistakable. In an Extra Fine specimen, the wreath retains sharp interior lines and strong definition, with light wear on the highest leaves and ribbon tips. The “V” remains bold and distinct, and the inscriptions are crisp, testifying to the coin’s excellent die work and balanced striking pressure. The composition’s harmony and symmetry are hallmarks of Barber’s engraving skill, creating an image of both strength and refinement on a small canvas.

The 1887 issue was produced exclusively at the Philadelphia Mint, the nation’s primary minting facility at the time. With more than 15 million coins struck, the year’s output reflected renewed demand for nickel coinage as the U.S. economy expanded in the late 1880s. The Mint’s quality control and striking techniques had improved noticeably since the first year of the series, resulting in consistent die pressure, sharp rim definition, and strong central detail. Each coin was struck from a copper-nickel alloy (75% copper, 25% nickel), giving it a hard, silvery surface ideal for heavy circulation. The coin measures 21.2 millimeters in diameter, weighs 5 grams, and features a plain edge, as with other nickels of the period. Despite its utilitarian role, the Liberty Nickel’s metallic composition lent it a distinct pale luster that contrasted with the copper and silver coinage of its time, helping it stand out in the nation’s coinage lineup.

While not as rare as the elusive 1885 and 1886 issues, the 1887 Liberty Nickel holds an important place in the series as the first of the more plentiful late-1880s issues. Its relatively large mintage made it a common coin in daily commerce, where it circulated widely for decades. Many examples suffered heavy wear, and fully detailed higher-grade survivors are scarcer than mintage numbers might suggest. The sharpness of the 1887 strikes and the quality of its metal planchets, however, allowed numerous pieces to retain strong detail even after years of use. Collectors today value Extra Fine examples for their combination of affordability, historical interest, and preservation, as these coins retain nearly full design integrity while showing honest circulation history. The issue is also appreciated by type collectors seeking a classic “With Cents” example with excellent eye appeal but without the premium associated with earlier rarities.

In terms of artistry, the 1887 Liberty Nickel showcases Charles Barber’s mastery of balance and proportion. His Liberty portrait, while understated compared to later designs like the Buffalo Nickel, exudes quiet dignity and classical harmony. The wreath on the reverse reflects meticulous attention to agricultural symbolism, celebrating the nation’s economic roots during a period of industrial growth. Barber’s work drew on Greco-Roman motifs but maintained a distinctly American identity, merging tradition with the modern Mint’s technological capabilities. The clear inscriptions and smooth field transitions on the 1887 issue highlight the engraver’s precision and the Mint’s improved die preparation processes by this point in the series. As such, the 1887 Liberty Nickel not only served as a durable medium of exchange but also as a reflection of the evolving artistic standards of U.S. coinage at the end of the 19th century.

In Extra Fine condition, the 1887 Liberty Head Nickel displays moderate, uniform wear that softens but does not obscure key details. Liberty’s facial features remain distinct, the coronet’s inscription is fully readable, and individual hair curls are still evident. On the reverse, the “V” is bold, and the wreath retains strong texture, with the inner leaf veins and ribbon folds clearly visible. The coin’s rims are complete and well-defined, and the fields are smooth with a pleasing natural sheen. A light silvery-gray patina often enriches the surfaces, with subtle golden or steel-blue highlights adding depth. The overall look of an XF example conveys both age and preservation, offering a coin that remains historically authentic while visually refined. For collectors, this grade represents the ideal balance between affordability and aesthetic satisfaction—showcasing the full artistry of the design without the high cost of Mint State pieces.

The 1887 Liberty Nickel’s role within the broader series is one of recovery and normalization following the key-date years of 1885 and 1886. It marks the reestablishment of steady production levels and widespread public confidence in the denomination. As industrial expansion swept across America in the late 1880s, the nickel became a coin of everyday life—used in transportation, small purchases, and the growing urban economy. The 1887 issue thus serves as a tangible link to a period of rapid modernization and national optimism. While more common than its immediate predecessors, its beauty, craftsmanship, and historical resonance ensure its enduring appeal among numismatists. For those assembling date sets or type collections, the 1887 offers an excellent example of the Liberty Head Nickel in its mature, fully refined form.

In conclusion, the 1887 Liberty Head Nickel in Extra Fine condition is a splendid artifact of America’s Gilded Age—an elegant yet practical coin born of an era of expansion and refinement. Designed by Charles E. Barber and struck at the Philadelphia Mint, it represents the artistic and technological confidence of the late 19th century. Its balanced composition, classical portrait, and detailed agricultural wreath reflect both national ideals and the Mint’s evolving craftsmanship. With light, honest wear and strong remaining detail, an Extra Fine 1887 Nickel captures the perfect intersection of history, beauty, and preservation. Though more plentiful than its elusive 1885 and 1886 counterparts, it remains an indispensable piece for any serious collector, embodying the enduring grace and historical depth that define the Liberty Head Nickel series.

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