Purchasing liberty nickels in mint condition should be your goal, since the state of a coin is really important to its worth as a collectible. A coin in fine condition is usually worth much more than a coin with scratches or marks. It is also important to realize that value is not determined by age alone. The age and scarcity of coins of course affects their value to collectors, but did you know that there are other factors that play a part in assigning value to a given coin?. The market value of a coin is largely determined by demand for it.