1904 Nickel Value: Mint Varieties, Rarity, and Current Prices

Price Guide for 1904 Nickel Variants

This guide presents price ranges for 1904 Nickel variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.

1904 Nickel (Regular Strike)

• 3rd Party Price

  Circulated: $21.00 - $127.00

  Uncirculated: $48.00 - $5,750.00
• eBay

  Circulated: $1.51 - $1,800.00

  Uncirculated: $26.88 - $950.00
• PCGS Price Guide

  Circulated: $10.00 - $110.00

  Uncirculated: $120.00 - $17,500.00

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1904 Nickel (Proof)

• 3rd Party Price

  Circulated: $101.00 - $661.00

  Uncirculated: $1.50 - $6,613.00
• eBay

  Uncirculated: $163.50 - $2,070.00
• PCGS Price Guide

  Circulated: $130.00 - $225.00

  Uncirculated: $250.00 - $3,500.00

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1904 Nickel, CAM (Proof)

• 3rd Party Price

  Uncirculated: $470.00 - $23,500.00
• PCGS Price Guide

  Uncirculated: $1,000.00 - $25,000.00

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Design and Specifications of the 1904 Nickel

Rarity Factors and Value Drivers

Condition plays a crucial role in determining the value of 1904 Liberty Head Nickels. While circulated examples are relatively common, coins in uncirculated condition become increasingly scarce and valuable. Specimens grading MS65 or higher are particularly rare and sought after by collectors.

Key factors affecting condition include:

1. Strike quality: Well-struck coins with sharp details are more desirable.
2. Luster: Original mint luster significantly enhances value, especially in higher grades.
3. Surface preservation: Coins free from notable marks, scratches, or wear command premium prices.

Several factors can influence the value of 1904 Liberty Head Nickels beyond mintage and condition:

1. Toning: Natural, attractive toning can increase desirability among collectors.
2. Strike characteristics: Fully struck examples with sharp details, especially on Liberty's hair and the wreath, are more valuable.
3. Historical significance: As part of the Liberty Head series, these coins appeal to collectors interested in early 20th-century American coinage.
4. Set completion: Collectors assembling date runs or type sets may increase demand for high-grade examples.

While not a key date, high-grade 1904 nickels are important for collectors seeking to complete a set in top condition, driving demand for well-preserved specimens.