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1894 Liberty Head Nickel obverse
1894 Liberty Head Nickel reverse
obverse · reverse inset

1894 Liberty Head Nickel Value

1894 Liberty Head nickel value guide -- a real circulated-grade key date, and grade-by-grade prices.

Worn to gem uncirculated
$19to$527

Condition drives the price — full breakdown below.

Year
1894
Mint
Philadelphia (no mark)
Composition
75% copper, 25% nickel
Mintage
5,413,132
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Value by condition

GradeEstimated value
Good$19
Very Good$43
Fine$123
Very Fine$207
Extra Fine$283
About Unc.$376
Unc. (MS-60)$438
Choice Unc. (MS-63)$527
Priced fromUSA Coin BookRetrieved Aug 21, 2026

How rare is it?

5,413,132 struck — against the other key dates in the Liberty Head Nickel series.

19135
1912-S238,000
18851,476,490
18863,330,290
18945,413,132
18835,479,519
1912-D8,474,000

Bars are scaled to keep the smallest mintages visible; the exact figure is printed on every row. Mintage is coins struck, not coins surviving — melting and circulation wear thin those numbers further.

Why it matters

01

Mintage dropped dramatically from 1893 to the lowest level the series had seen since 1886.

02

Widely marketed by dealers as a "key date" in circulated grades -- a genuinely scarcer date than the common years surrounding it, if not in the same tier as 1885/1886/1912-S.

Shop this exact date

Live listings matching the 1894 Liberty Head Nickel

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Other dates and varieties in this series

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Buying a 1894 Liberty Head Nickel

What to check before you pay, specific to this date and its 5,413,132-coin mintage.

  1. Read the grade before the price

    The same date runs from about $19 worn to $527 at the top of the scale — a 28× spread. Nearly all of that gap is condition, not the date on the coin, so work out where an example sits on the table above before deciding whether its asking price is fair.

  2. At this price, buy it certified

    A PCGS or NGC holder settles authenticity and grade in one go, which is most of what you're actually paying for at this level. The premium it adds is small next to the cost of being wrong about either.

  3. Compare sellers, not price guides

    Every Liberty Head Nickel listed here is priced by an individual seller, so the same coin in the same grade can differ by a wide margin on any given day. Sort by price, check Metal Points and order history for a sense of the seller's record, and message them if the photos don't show enough to grade confidently.

Common questions

About the 1894 Liberty Head Nickel

How much is a 1894 Liberty Head Nickel worth?

Value depends heavily on condition. A well-worn example brings closer to $19, while an uncirculated one can reach $527 or more.

What makes the 1894 Liberty Head Nickel valuable?

Mintage dropped dramatically from 1893 to the lowest level the series had seen since 1886.

Should I get it professionally graded?

For anything you believe is a key date or an error, professional grading protects both buyer and seller by settling condition and authenticity before money changes hands.

Other Liberty Head Nickel key dates

The rest of the series, with what each is worth at the top of the grade scale.


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