Levi KeswickKey takeaways:
- The 2007 Liberty Nickel, part of the Jefferson Nickel series, embodies a significant design transition in American coinage.
- This coin’s value ranges from its face value to a higher worth for mint-condition examples.
- The “full steps” characteristic on the reverse is a critical factor for collectors and significantly influences the coin’s value.
- The coin’s unique design and composition offer insights into America’s numismatic history.
Introducing the 2007 Liberty Nickel
The 2007 Liberty Nickel, marked with the Philadelphia Mint’s ‘P’, is a distinctive piece of the Jefferson Nickel series. This coin, despite having a face value of merely 5 cents, can fetch over a dollar in mint condition. As part of the modern nickel design introduced in 2006, it offers both numismatic enthusiasts and casual collectors an intriguing blend of historical value, collectability, and aesthetic appeal.
Evolving Design: The Transition to the Modern Nickel
The 2007 Liberty Nickel represents a crucial transition in the Jefferson Nickel series’ design. This transition began in 2006, marking a significant shift from the previous design conventions. Despite the alterations on the obverse side, the reverse side of the coin retained its familiar elements, most notably the depiction of Monticello.
“Full Steps,” referring to the clarity and completeness of the Monticello depiction’s steps on the reverse side, is a sought-after feature by collectors. A Liberty Nickel 2007 with clearly delineated full steps can be more valuable than its less distinct counterparts.
The Intricacies of Valuing the 2007 Liberty Nickel
When it comes to determining the value of a 2007 Liberty Nickel, factors such as its condition, mint mark, and specific design features play a critical role. An average circulated nickel from this year typically retains its face value of 5 cents. However, a mint-condition example – certified by reputable coin grading companies – could fetch as much as $1.25 or more at auction.
The concept of “Full Steps” is a significant factor when assessing a 2007 Liberty Nickel’s value. This term refers to the detailed, unobstructed lines that form the steps of Monticello on the coin’s reverse side. Coins with clear, full steps are generally more valuable than those with less distinct features.
Unveiling the Design and Composition of the 2007 Liberty Nickel
The 2007 Liberty Nickel carries a unique set of characteristics that distinguish it from other coins in its series. With a diameter of 21.21 mm, a thickness of 1.95 mm, and a mass of 5 g, this coin’s dimensions align with those of standard American nickels.
The coin’s composition is also notable, being made up of 75% copper and 25% nickel. This combination gives the Liberty Nickel its distinctive color and weight, contributing to its overall appeal for collectors.
Designed by Felix Schlag, the obverse of the 2007 Liberty Nickel showcases a bust of Thomas Jefferson. The phrases “In God We Trust” and “Liberty” are inscribed, with the latter placed above the date and the mint mark positioned just below.
The reverse side, meanwhile, depicts Monticello, Jefferson’s long-time home in Albemarle County, Virginia. The Latin phrase “E Pluribus Unum” – translating to “Out of Many, One” – is inscribed at the top, while “Five Cents” and “United States of America” are positioned at the bottom.
Final Thoughts: The 2007 Liberty Nickel’s Place in Numismatic History
The 2007 Liberty Nickel is more than just a piece of everyday currency. It represents a significant transition in design, pays tribute to one of America’s founding fathers, and provides a glimpse into the country’s rich numismatic history. Whether for investment, hobby, or historical interest, this coin offers a rewarding journey of exploration for anyone who appreciates the fascinating world of coin collecting.
