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<p>[QUOTE=&quot;Leadfoot, post: 157421, member: 2972&quot;]Great question....</p><p><br /></p><p>In short, the &quot;no cents&quot; nickel was saved in such great numbers that even today they are very common and cheap.&nbsp; What you should take away from this is that is not always right to judge a coin&#039;s value by its mintage when its survival rate (how many of the original mintage actually survived to this day) is often more important.</p><p><br /></p><p>Valuation of most things in a free market is driven by demand and supply.&nbsp; I&#039;m of the opinion that <b>demand</b> is the primary driver of coin valuation, but it is not always the case, and not the case in your example.&nbsp; On the surface it would seem that the demand for the one year type coin (the 1883 &quot;no cents&quot; nickel) would surpass that of its lesser known and lesser minted example.&nbsp; After all, not that many people collect Liberty nickels by date, and if you want an example of the &quot;with cents&quot; version you have lots of other dates to choose from...&nbsp; </p><p><br /></p><p>So your first thought would be that the demand (and thus the price) for the &quot;no cents&quot; example would be much higher than its less popular brother, &quot;with cents&quot;.&nbsp; However this would be an incorrect assumption because you would be ignoring the other half of the equation --&nbsp; <b>supply</b> -- which skews the valuation the other way.&nbsp; Iin this case there is SO MUCH supply that the price is pressured downward more than cancelling out the demand of the unique 1883 &quot;no cents&quot; nickel.&nbsp; </p><p><br /></p><p>Specifically, the 1883 &quot;no cents&quot; nickel (with all the hoopla of a first year design and the gold plating and passing off as a gold half eagle, and the rumored recall) was saved in HUGE numbers in all grades from pristine to well circulated, and this huge supply artifically deflates the price of this coin even with the large demand typical of one-year-type coins.&nbsp; </p><p><br /></p><p>Hope this helps...Mike[/QUOTE]</p><p><br /></p>

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