Canada · Canadian nickels

1874 H Canadian Nickel

The 1874 H Canadian Nickel is a Canadian nickel struck for circulation with 800,000 made. Value band: small premium. Here is how to recognize it, what makes one worth more and what to check on yours.

Year
1874
Circulation mintage
800,000
Value band
Small premium
Composition
Sterling silver (92.5% silver)

Original illustration of the coin's shape and metal. Tap to flip. Not a picture of the actual design.

Value band: Small premium

Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.

What is an 1874 H Canadian Nickel worth?

At 800,000, the 1874 H Canadian Nickel has a smaller run than most Canadian nickels, so collectors pay a small premium for it, especially in uncirculated condition. Well circulated examples sit close to face value.

What would make yours worth more:

  • Sharp detail with original luster
  • A recognized variety for the date
  • Professional grading for a key date

For market prices, look at recent sold results for the same coin in the same condition, not asking prices.

Quick answers

Is the 1874 H Canadian Nickel rare?
It is scarcer than most Canadian nickels. Collectors pay a small premium for good examples.
How many 1874 H Canadian nickels were made?
800,000 were struck for circulation.
What is the 1874 H Canadian Nickel made of?
Sterling silver (92.5% silver). It weighs 1.16 g and measures 15.5 mm.
Is the 1874 H Canadian Nickel still legal tender?
Yes. Canadian 5-cent coins are legal tender, but a silver one is worth more for its metal than its face value.
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The 1874 nickel in context

Heaton struck 800,000 five cents dated 1874, a low figure that makes this one of the scarcer early Dominion dates. Two styles of 4 appear in the date: a plain 4 and a crosslet 4 with a small bar at the end of its arm. Both are counted together in the mintage. The coin carries the H mint mark and the usual crowned Victoria and maple wreath. A collector premium applies in any grade.

How to recognize it

The 1874 H Canadian Nickel is round, 15.5 mm across and sterling silver (92.5% silver).

1874 H Canadian Nickel by the numbers

Measured by how many were made, the 1874 H Canadian Nickel ranks 7th lowest of 161 Canadian nickel dates and varieties from 1858 to 2024. The next scarcer is the 1883 H Canadian Nickel (600,000); the next more common is the 1892 Canadian Nickel (860,000).

For scale, the most common is the 2008 Canadian Nickel with 278.5 million, about 348 times as many. The scarcest is the 1884 Canadian Nickel with 200,000, 4 times fewer than this one.

Compared with the dates around it, the 1874 output was 2.5 times fewer than 1872 and 1.3 times fewer than 1875.

Over the 1870s the Mint produced 8 million five cent coins across 5 dates and varieties; the 1874 H Canadian Nickel accounts for 10% of that.

What to check on your 1874 H Canadian Nickel

  • Check the date first: silver Canadian nickels carry dates from 1858 to 1921; this one has 0.0345 troy oz. Silver coins are not magnetic and ring clearly when dropped on a hard surface.
  • Never clean it. Rubbing or polishing leaves fine scratches that collectors spot at once and that cut the value of silver dates sharply.
  • Look at the high points of the portrait and the design. Wear there sets the grade. The grade in turn drives the value of older five cent coins.
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Queen Victoria silver five cents (1858 to 1901)

Canada's five cent piece started life as a tiny silver coin. In 1858 the Province of Canada moved its accounts from pounds, shillings and pence to dollars and cents, so it ordered new coins from the Royal Mint in London: a bronze cent plus silver 5, 10 and 20 cent pieces. The 5 cent weighed about 1.16 g of sterling (.925) silver and was barely bigger than a fingernail. Leonard Charles Wyon engraved a young laureate Victoria for the first issue. After Confederation the Dominion placed its own orders from 1870, now with a crowned portrait of the queen.

Canada had no mint of its own, so every one of these coins came from England. London struck most years, while Ralph Heaton & Sons of Birmingham filled several orders and marked them with a small H on the reverse. The reverse barely changed in more than forty years: 5 CENTS and the date inside a wreath of maple leaves with a crown on top. Production came in bursts. Nothing was dated 1859 to 1869, 1873, 1876 to 1879 or 1895 and yearly totals swing from 200,000 to 3,000,000.

Start with the date and check for an H, since the pair identifies the issue. The low mintage years are the ones to hope for: 1884 above all, then 1887, 1894 and 1898, with 1875-H scarcer than its total suggests. These coins were easy to lose and were often holed or made into jewelry, which is part of why decent survivors are hard to find. On a worn piece the hair detail and the leaf veins go first. Collectors also hunt small date varieties, such as overdates and different sizes of numeral, recorded in the mintage notes.

Mintage chart

Circulating Canadian nickels by mintage, 1874 H Canadian Nickel highlightedLog scale · hover or tap a bar · 1858–2024
100K1M10M100M

Specifications

CountryCanada
Denomination5 cents
IssuerRoyal Canadian Mint
Year1874
Circulation mintage800,000
CompositionSterling silver (92.5% silver)
Weight1.16 g
Diameter15.5 mm
ShapeRound
EdgeReeded
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Mintage figures: Nickel (Canadian coin) (Wikipedia, CC BY-SA 4.0), compiled from Royal Canadian Mint figures. How we build these pages.