Collecting Nickels
The coin we know today as the nickel was first struck in 1866. It got its name from the nickel used in its production. At the time of its introduction, the silver half dime of the same denomination was also in circulation, so the term "nickel" was used to differentiate.The coin underwent 4 major design changes before settling on the Jefferson Nickel design that we know so well today.
Shield Nickel - 1866 - 1883
The first nickel minted was the Shield Nickel in 1866. The obverse of this coins shows a shield with the reverse displaying a large 5 surrounded by 13 stars.Liberty Head Nickel - 1883 - 1913
In 1883 the design was changed to show the Liberty Head on the obverse of the coin, surrounded by 13 stars. For most of the coins minted, the reverse shows "V cents". However, the first coins minted didn't show the denomination and some people used the coins to make counterfeit $5 half eagles, so the "V cents" was added to avoid any confusion.Indian Head Nickel - 1913 - 1938
This coin is also known as the "Buffalo Nickel" as the reverse shows a bison design with the obverse displaying the head of an Indian Chief.Originally the coins showed the denomination on a raised area beneath the bison, but it was feared that this would wear too easily so it was quickly changed.