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1912-S Liberty Head Nickel Value

1912-S Liberty Head nickel value guide -- the series' lowest mintage, and grade-by-grade prices.

1912-S Liberty Head Nickel obverse
1912-S Liberty Head Nickel reverse
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Year
1912
Mint mark
S
Composition
75% copper, 25% nickel
Mintage
238,000

Current value

Grade
Estimated value
Good
$163
Very Good
$178
Fine
$217
Very Fine
$556
Extra Fine
$1,064
About Unc.
$1,523
Unc. (MS-60)
$1,878
Choice Unc. (MS-63)
$2,257
Source: USA Coin Book, https://www.usacoinbook.com/coins/nickels/liberty/ (master price table); comparison from PCGS News (retrieved 2026-08-21)

Why it matters

Lowest-mintage business strike of the entire Liberty Nickel series and the first year San Francisco ever struck this denomination -- lower even than the famous 1909-S VDB Lincoln cent (484,000) or the 1916-D Mercury dime (264,000).

Despite the ultra-low mintage, prices remain well below those famous contemporaries at comparable grades, a quirk PCGS attributes to demand dynamics specific to Liberty Nickel collecting.

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Buying a liberty head nickel

Condition drives price more than any other factor on a coin like this — two examples of the same date can be worth very different amounts depending on wear and authentication.

Grade before you price it

The value table above is organized by grade for a reason — a coin's condition, not just its date, sets where it lands on that range. If you're not sure how to grade, a seller's photos and description should call it out.

Check for authentication

A professionally graded (PCGS/NGC) example carries more certainty than a raw coin, and usually a small premium for it. Both are fine to buy — just factor grading into the price you're comparing.

Compare a few listings

Prices vary between individual sellers here, not one retailer's price list. Sort by price, check the seller's Metal Points and order history, and message the seller if photos don't show enough detail to grade confidently.

Common questions

About the 1912-S Liberty Head Nickel

How much is a 1912-S Liberty Head Nickel worth?

Value depends heavily on condition. A well-worn example brings closer to $163, while an uncirculated one can reach $2,257 or more.

What makes the 1912-S Liberty Head Nickel valuable?

Lowest-mintage business strike of the entire Liberty Nickel series and the first year San Francisco ever struck this denomination -- lower even than the famous 1909-S VDB Lincoln cent (484,000) or the 1916-D Mercury dime (264,000).

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.


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