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The Liberty V Nickel of 1901 stands as a significant example of early 20th-century American numismatics. Introduced in 1883, the Liberty V Nickel series was designed by Charles E. Barber, the Chief Engraver at the U.S. Mint. This coin was created to replace the previous Shield Nickel design, which had been criticized for its durability and aesthetic appeal. The Liberty V Nickel, including the 1901 issue, was an essential element of American coinage during a period of economic transition and growth. By the turn of the 20th century, the coin had established itself as a widely used and recognized denomination.
The year 1901 was a pivotal moment in American history, marking the beginning of a new century. The nation was undergoing significant changes, including advancements in industry, technology, and social reforms. The Liberty V Nickel of this year reflects the era's optimism and progress, serving as a tangible representation of American commerce and daily life. The coin's design and production during this period highlight its role as a standard currency used across the country.
The design of the 1901 Liberty V Nickel features a classic and enduring motif. On the obverse, the coin showcases a profile portrait of Liberty facing left, adorned with a coronet that reads "LIBERTY." This design element emphasizes the values of freedom and national pride. Surrounding Liberty's head are thirteen stars, which represent the original thirteen colonies of the United States. The reverse side of the coin features a large Roman numeral "V," denoting the five-cent denomination, encircled by a laurel wreath symbolizing honor and victory. The inscriptions "UNITED STATES OF AMERICA" and "FIVE CENTS" are prominently displayed, providing clear information about the coin's value and origin. The design combines classical motifs with practical elements, creating a visually appealing and functional piece of currency.
The 1901 Liberty V Nickel was minted at the Philadelphia Mint, which was the primary facility responsible for producing this series of coins. The total mintage for the 1901 issue was approximately 7,408,000 coins. This high mintage figure indicates that the Liberty V Nickel was widely circulated and played a significant role in everyday transactions. The large number of coins produced reflects the demand for this denomination and its importance in the American monetary system.
In terms of condition, a Very Fine-grade Liberty V Nickel from 1901 exhibits moderate wear that is consistent with its age and circulation. In Very Fine condition, the coin will have well-defined features with some wear visible on the high points. On the obverse, Liberty's profile remains distinct, though there will be noticeable wear on her hair and coronet. The thirteen stars surrounding her head will be clear but may show slight flattening. On the reverse, the Roman numeral "V" and the laurel wreath will retain much of their definition, though the details may be softened due to wear. The inscriptions "UNITED STATES OF AMERICA" and "FIVE CENTS" will be present, though they may exhibit minor wear and softness. Overall, a Very Fine-grade coin provides a balance between historical significance and collectible value, reflecting its role as a widely used piece of currency during the early 20th century.
The 1901 Liberty V Nickel is a notable example of early 20th-century American coinage, capturing the essence of a transformative period in the nation's history. Its design, minting history, and condition offer valuable insights into the coin's role in American commerce and its significance as a collectible. As a piece of numismatic history, the 1901 Liberty V Nickel provides a tangible connection to the era, reflecting both the economic and artistic values of its time.