The Indian head design was introduced in 1913 and has the famous image of a buffalo on the back. All V (or Liberty) nickels have a picture of Miss Liberty on the front.
The last V nickels were struck in 1912. 1920 is a Indian head.
The "V" is the Roman numeral 5.
Indian Head Nickels (with a buffalo on the back) were only minted from 1913 to 1938, so I have to assume you have something else -- perhaps a Liberty Head Nickel (with a big "V" on the back)? A well-worn 1891 Liberty Head Nickel is worth about $3.00
The coin is a common date Liberty Head nickel, coins in average circulated condition have values of $1.00-$3.00 uncirculated coins can be $25.00 or more.
A very common coin, average retail value is $2.00-$5.00 for most circulated coins
The mint mark of a 1910 Liberty Head Nickel will be on the obverse just under the dot on the lower left. Look at the big V. Down and to the left there's a dot (there's also one on the other side). The mint mark (if there is one) is between the dot and the edge.
The last V nickels struck for circulation were dated 1912. All 1920 nickels carry the Indian head design.
Unfortunately alterations such as that almost always destroy the collectors' value of a coin.
6-18-11>>> The coin is a common date Liberty Head nickel, coins in average circulated condition have values of $1.00-$3.00, uncirculated coins can be $25.00 or more.
Remember Roman numerals? V = 5, not 10, so you have a nickel (that's also why it's the size of a nickel). Please see the Related Question.
how much is a 1903 nickel worth
Remember Roman numerals? V = 5, not 10, so you have a nickel (that's also why it's the size of a nickel). Please see the Related Question.