As of 2014, the average 1905 U.S. Liberty Head V nickel is worth between $2 and $4. However, uncirculated nickels and certified coins in near-perfect condition may fetch as much as $135.
Those in the well-worn shape typical of most coins from the era and coins in fair condition make up the majority found in modern times. There were also 2,152 proof Liberty Head nickels issued in 1905 valued at about $300 by dealers. While the standard Liberty Head nickel is not a particularly rare coin, the fact that it has not been minted since 1912 and is relatively inexpensive keeps it in moderate demand among collectors.