Nickels
The history of the nickel is a fascinating journey through time, reflecting the changing economic landscape, technological advancements, and the artistic evolution of American coinage. From its humble beginnings in the mid-19th century to the present day, the nickel has become an integral part of everyday transactions and a canvas for artistic expression.
I. The Birth of the Nickel: 1866 – 1883
1866: The Introduction of the Shield Nickel
The nickel made its debut in 1866 with the introduction of the Shield Nickel. Designed by James B. Longacre, the coin featured a distinctive shield on the obverse and a large “5” surrounded by stars on the reverse. The Shield Nickel aimed to address the shortage of small denomination coins in circulation, offering a durable alternative to the smaller copper-nickel Flying Eagle and Indian Head cents.
1883: Transition to Liberty Head Nickels
In 1883, the design shifted to the Liberty Head Nickel, showcasing a profile of Liberty on the obverse and a Roman numeral “V” surrounded by a wreath on the reverse. This design marked the beginning of a series that would endure for several decades, becoming a symbol of the evolving United States coinage.
II. The Controversial “V” Nickel: 1883 – 1912
1883: The Racketeer Nickel
The year 1883 became notorious for the introduction of the Liberty Head Nickel without the word “CENT” on the reverse. This led to widespread abuse, with unscrupulous individuals gold-plating the nickels and passing them off as five-dollar gold coins. To counter this, the design was modified to include the word “CENT” later in the year.
The Artistic Transition: Charles E. Barber’s Designs
In 1883, the design duties transitioned to Charles E. Barber, who created a new series of Liberty Head Nickels with refined details. Barber’s designs continued until 1912, featuring Liberty on the obverse and a wreath on the reverse. These nickels became a canvas for Barber’s artistic expression, offering a glimpse into the aesthetics of the time.
III. Buffalo Nickel Era: 1913 – 1938
1913: The Enigmatic Buffalo Nickel
The Buffalo Nickel, introduced in 1913, is one of the most iconic and beloved coin designs in American numismatics. Designed by James Earle Fraser, the obverse featured the profile of a Native American, while the reverse showcased a majestic buffalo. The Buffalo Nickel encapsulated a sense of Americana and the vanishing frontier.
The Mound Builder Controversy
One aspect of the Buffalo Nickel design that stirred controversy was the depiction of the buffalo standing on a raised mound. Some critics argued that it inaccurately portrayed the wildlife and geography of the American West. In response to these concerns, the design was modified in 1913 to address the issue.
IV. World War II and the Jefferson Nickel: 1938 – Present
1938: The Introduction of the Jefferson Nickel
In 1938, the Jefferson Nickel was introduced to commemorate the 200th anniversary of Thomas Jefferson’s birth. The new design, created by Felix Schlag, featured a profile of Jefferson on the obverse and Monticello, his Virginia estate, on the reverse. The Jefferson Nickel marked a departure from the artistic themes of the previous decades, embracing a more modern and streamlined aesthetic.
War-Time Silver Alloy: 1942 – 1945
During World War II, nickel became a critical war material, leading to a change in the nickel composition. From 1942 to 1945, Jefferson Nickels were minted with a silver alloy, eliminating nickel from the composition. These “War Nickels” are identifiable by a large mint mark above the dome of Monticello.
Post-War Adjustments: The Return of Nickel
After the war, nickel returned to the composition of the Jefferson Nickel. The design remained largely unchanged, with occasional modifications to address wear issues and improve overall durability. The Jefferson Nickel became a familiar and enduring presence in American pockets and purses.
V. Commemorative Designs and Collectible Nickels
The Westward Journey Nickel Series (2004-2006)
In the early 2000s, the U.S. Mint launched the Westward Journey Nickel Series to commemorate the bicentennial of the Lewis and Clark Expedition. The series included designs such as the “Peace Medal” and the “Keelboat,” adding a touch of historical significance to circulating nickels.
The Return of the Buffalo: 2005
In 2005, the U.S. Mint released a special edition of the Buffalo Nickel as part of the American Bison coin program. This commemorative nickel paid homage to the classic Buffalo Nickel design, rekindling nostalgia and appreciation for the iconic imagery.
VI. The Future of the Nickel: Innovation and Design Challenges
As technology and society evolve, the nickel continues to face challenges and opportunities. Innovations in coin design, including the use of new materials and technologies, may shape the future of the nickel. The artistic expression on coins also continues to evolve, with contemporary artists contributing their vision to numismatic designs.
Conclusion: A Coin’s Journey Through Time
The history of the nickel is a rich tapestry woven with economic necessity, artistic expression, and cultural identity. From its modest beginnings as a Shield Nickel to the iconic imagery of the Buffalo Nickel and the enduring profile of Thomas Jefferson, the nickel has evolved alongside the nation it serves. As we continue into the future, the nickel remains not just a unit of currency but a small, enduring piece of American history, connecting generations and telling the story of a nation through its coinage.