Olevian Numismatic Rarities
1892 Liberty Head Nickel PCGS & CAC Certified PR66CAM
The Liberty Head nickel was the second 5-cent coin to be struck in that metal, following the Shield nickels of 1866-1883. When introduced in January of 1883, the reverse featured a Roman numeral V to indicate the 5-cent denomination. The inclusion of the word “cents” was never considered necessary, as the three-cent piece had circulated uneventfully for years with only Roman numerals. It quickly became apparent, however, that the omission of “cents” was a serious issue, as many people began gold plating the new nickels and passing them as five-dollar gold pieces, which had a similar size. A famous tale was that of Jeff Tatum, a deaf-mute who was said to enter a store, purchase an item valued at 5 cents or less, and pay with a gold-plated nickel. If the clerk did not notice, he would erroneously be given $4.95 in change. It is said that such was the origin of the expression “just Joshing you!” Regardless, the U.S. Mint was particularly disturbed by the gold-plated nickels and ordered a design modification by June of 1883 to include the word cents. The 1892 “with cents” variety offered here is a stunning proof specimen, doubly certified by PCGS and CAC in a remarkable PR66 (out of 70) grade. This example features deep mint luster, exceptional strike quality, and a pleasant light gold patina with hints of iridescent red and blue toning.
Product number: 199098
Price: $1190.00 USD