To correct this problem, mint officials ordered the removal of the rays in mid 1867, creating two varieties. Cu5c 1867 01 images are courtesy of westcoastcoinsoregon on ebay. The coin shows little to no wear on libertys cheek. For sale is a uncirculated 1867 shield nickel showing a beautiful mint luster with sharp detail in the vertical and horizontal shield lines on the obverse. Every one of the 18 dates in the series was minted in proof condition, however, with 1877 and 1878 being proofonly years. The shield nickel the first nickel fivecent piece minted in the united states was designed by james b. Just picked this up today, and i think it is really neat.
In order to give an 1867 shield nickel a price, you must first look at the reverse side and determine whether it is a piece with or without rays. Discussion in us coins forum started by ryanbrooks, oct 22, 2008. A shield is featured on the front obverse and the numeral 5 surrounded by stars on the reverse. It continues downward through the n of cent and the o in of, terminating at the opposing rim. From 1867 until 1883, the reverses are without rays. There are two type coins in the shield nickel series.
Home coins us coins two and three cents three cent nickel. A common date, however interesting for a couple of issues that show the difficulty the mint had with this series. The shield nickel was the first united states fivecent piece to be made out of copper nickel, the same alloy of which american nickels are struck today. These shield nickels were minted only in 1866 and 1867. Date and mintmarks on coins are only part of the value process. Old metro tokens tashkent, saintpetersburg and kiev for sale.
It does have darker, corrodedporous surfaces on both sides, but otherwise has nice details. Oct 10, 2010 5 cent nickels shield nickel with rays, 18661867. Asking for opinions on grade for 1943 d jeferson war nickel. How many boxes on average do you have to search for various varieties.
The reverse of the coin shows great detail as well. Two rolls average circulated morgan silver dollars for sale. The 1867 rays shield nickels were apparently struck, then restruck at various times, according to extensive research conducted by john dannreuther, published in the june 2007 pcgs rare coin market report and previously. The coin takes its name from the motif on its obverse, and was the. Find great deals on ebay for 1867 shield nickel with rays and 1866 shield nickel with rays.
To correct this problem, mint officials ordered the removal of the rays in mid1867, creating two varieties. See rcd5c186705 for information on the retained cud in the same area. The obverse and reverse show nice detail for the year and grade. Not coincidentally, joseph wharton owned a nickel mine and refinery.
The obverse has some fine cracks including the date and trust. The production of the silver half dime began to decrease in 1863, with mintages of less than 1,000,000 except for years 1871 and 1872. Shield nickels were made of 75 percent copper and 25 percent nickel, and were produced from 1866 to 1883. Longacre, the coin was issued from 1866 until 1883, when it was replaced by the liberty head nickel. Get the best deals on shield nickel us coin errors when you shop the largest online selection at.
Pricing the 1867 shield nickel in order to give an 1867 shield nickel a price, you must first look at the reverse side and determine whether it is a piece with or without rays. This page also shows coins listed for sale so you can buy and sell. The low mintage 1880 nickel is always a favorite with collectors, no matter the grade. To replace this denomination, the act of may 16 th, 1866 established that a new denomination, the nickel, be produced with a face value of five cents. Visit the indepth nickel grading videos, combined with enlarged images and detailed descriptions. Now the 1867 nickel had one of the highest mintages. Your shield nickel, as it is known to collectors, is a rather elusive and historically important part of the first nickels minted by the united states. The 1867 rays shield nickels were apparently struck, then restruck at various times, according to extensive research conducted by john dannreuther, published in the june 2007 pcgs rare coin market report and previously summarized in the 2006 bowers. Previous 1867 shield nickel, rays, 1867 1867, repunched date, fs301, rare. Your 1867 nickel value varies widely depending on condition. Being that these coins have long since had their production ceased, the finite quantity makes now as good a time as ever to get your hands on one.
Description 1867 rays shield nickel, pr66 cameo interesting and rare dannreuther1 1867 5c rays pr66 cameo ngc. The 1867 rays shield nickel had a mintage of just 28,890,500. Follow the steps to grading condition and it leads to how much your old nickels are worth, accurately. High 1867 nickel value shows just how scarce these coins are. The act of may 16, 1866 authorized a new five cent coin made of 25% nickel and.
The coin takes its name from the motif on its obverse, and was the first fivecent coin referred to as a nickel. The reverse has two strong lower field cracks as well as some others through the legend. Grading shield nickels how to videoimagesdescriptions. The design for the shield nickel only has three leaves on the upper right wreath. There are a few more i could not get pictured as i had trouble having a steady hand with my loupe and light source today. Shield five cents 18661883 1867 no rays 5c ms 1869 5c ms shield five cents 1868 5c ms. The 1867 rays shield nickels were apparently struck, then restruck at various times, according to extensive research conducted by john dannreuther, published in the june 2007 pcgs rare coin market report and previously summarized in the. It appears as a raised line across the coin most commonly in the form of what looks like a crack on the coin. Proof shield nickels are reasonably abundant as are uncirculated examples. You can refer to our grading guidelines on the bottom of the main page for the shield nickels. The anomaly starts at the rim above the second u in pluribus, through the mintmark and into the dome of monticello.
Longacre in accordance with the act of 16th of may, 1866. Edit 1867 no rays shield nickelddr variety collectors. After establishing the existence or lack thereof of rays, you can then assess the coins condition or grade in order to derive an accurate valuation. The 1867 threecent nickel is an especially popular coin for collectors due to its age and historical significance. The first is an 1866 with a very strong repunched date, attributed cherrypickers guide fs001, fletcher f08. The metallurgical difficulties were the source of many minting errors in the shield nickel coin.