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1881

Two & Three Cents · Three-Cent Nickels · 1865–1889
Regular
Weight1.94 g
Diameter17.9 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 1,080,575
EdgePlain
Alignment↑↓ Coin
Composition75% Copper, 25% Nickel
DesignerJames B. Longacre
Collector's Key IDCK-979

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About this coinHistory

Philadelphia delivered 1.08 million three-cent nickels in 1881, a dramatic rebound from the 21,000 coins of the previous year. The reasons for the sudden surge are not fully documented, but the denomination apparently received a temporary burst of commercial demand that convinced the Mint to scale production back up. It would prove to be a one-year anomaly. On July 2, President James Garfield was shot at a Washington railway station by a frustrated office-seeker named Charles Guiteau. Garfield lingered through the summer, dying on September 19. Chester Arthur, the former collector of the Port of New York, became president. The 1881 is by far the most common three-cent nickel of the 1880s and is easy to locate in any grade up to MS64.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G) $17 $19.50
VG-8 Very Good (VG) $19.50 $23
F-12 Fine (F) $25 $29
VF-20 Very Fine (VF) $28 $32
EF-40 Extremely Fine (EF) $40 $46
AU-50 About Uncirculated (AU) $53 $61
MS-60 Uncirculated (MS) $121 $140
MS-63 Choice Uncirculated (MS)
Frequently Asked QuestionsFAQ
How much is a 1881 Three-Cent Nickel worth?
In Good condition it runs about $17–$19.50, rising to roughly $121–$140 in Uncirculated. These are reference values, not an appraisal.
How many 1881 Three-Cent Nickels were minted?
1,080,575 were struck.
What is a 1881 Three-Cent Nickel made of?
75% Copper, 25% Nickel, weighing 1.94 g.
What is the melt value of a 1881 Three-Cent Nickel?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1881 Three-Cent Nickel a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.