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worth of 1894 nickel


jakep

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I used to collect coins a while back but I was too young to really understand much about coin collecting.

 

So I was digging threw my old coins and I found a 1894 US nickel.

 

What is the value for something like this? Not that I am interested in getting rid of it, just curious.

 

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I don't that there were any key dates for that year, so it would just be bullion value as the coin is quite heavily worn - probably used for many decades into the 1960s or maybe even the 1970s.

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The silver Barber Quarter has 90% silver and remaining 10% is copper. The coin weighs 6.25 grams. Place the silver spot price in this equation and you have the melt value of the coin :)


This coin is a part of the Barber coinage, named after the coin designer Charles E. Barber, which consisted of dime, quarter, and half dollar. For more interesting facts, read this.
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Probably worth more to a collector than melt would yield. Has approx $3.50 worth of silver. Of course if sold for melt it would be weighed to determine value.

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