Coin and Paper Money Collecting/silver coin
Expert: PAPAJACK - 10/7/2008
QuestionI found a 1907 silver coin with what looks like a seated liberty on front, but it has a roman numeral five on back with the words cents under it. I've never seen a coin like this before. What is it?
Answer
Hello Danielle,
This is not a silver coin but the same copper nickel alloy as the modern nickel is made from.
These Barber, Liberty Head nickels were made from 1883 to 1912. They have a large range of values depending on the date.
Look closely at the headband on Lady Liberty and see if there any letters visible on it? For three or more letters the more collectable it is and the value goes up.
For a 1907 Liberty Head Nickel, You must have at least 3 letters of the word LIBERTY showing in the headband for a grade of 4 on the coin.
Grade-12= LIBERTY worn but all letters seen
Grade-20= only a slight but even wear on LIBERTY
Grade-40) = All letters in LIBERTY sharp other details sharp as well.
V Nickels dated 1900 and after are worth less than $2.00 in low grade and up to $25 in Extremely Fine to Almost Uncirculated grade.
I can give you some coin people in your area that would look at the coin for free if you want. Write me back and let me know.
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Thank You and Good Luck
PapaJack