The coin pictured is the exact coin you will receive. We now know that there are 1867 with rays, 1867 prototype no rays, and 1867 regular no rays proof nickels. The example illustrated is typical, and it displays weakness on several stars and on. Visit the indepth nickel grading videos, combined with enlarged images and detailed descriptions. Follow the steps to grading condition and it leads to how much your old nickels are worth, accurately.
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. 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. These were later removed, hoping to get better strikes on the coins. Get the best deals on shield nickel us coin errors when you shop the largest online selection at. Grading shield nickels how to videoimagesdescriptions. The coin takes its name from the motif on its obverse, and was the first fivecent coin referred to as a nickel. There are two type coins in the shield nickel series. The obverse has some fine cracks including the date and trust. The act of may 16, 1866 authorized a new five cent coin made of 25% nickel and. 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. Cu5c 1867 01 images are courtesy of westcoastcoinsoregon on ebay. This page also shows coins listed for sale so you can buy and sell. None of the dates in the shield nickel series is particularly rare, although the proofonly 1877 and 1878 can be elusive and command a nice premium.
Shield five cents 18661883 1867 no rays 5c ms 1869 5c ms shield five cents 1868 5c ms. We use strict photograde standards when grading all of our coins. The anomaly starts at the rim above the second u in pluribus, through the mintmark and into the dome of monticello. The 1867 rays shield nickel had a mintage of just 28,890,500. The low mintage 1880 nickel is always a favorite with collectors, no matter the grade. Date and mintmarks on coins are only part of the value process. Every one of the 18 dates in the series was minted in proof condition, however, with 1877 and 1878 being proofonly years. To correct this problem, mint officials ordered the removal of the rays in mid1867, creating two varieties. The design for the shield nickel only has three leaves on the upper right wreath. The coin shows little to no wear on libertys cheek. It does have darker, corrodedporous surfaces on both sides, but otherwise has nice details. 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.
The 1867 threecent nickel is an especially popular coin for collectors due to its age and historical significance. It appears as a raised line across the coin most commonly in the form of what looks like a crack on the coin. You can refer to our grading guidelines on the bottom of the main page for the shield nickels. Find great deals on ebay for 1867 shield nickel with rays and 1866 shield nickel with rays. Shield nickels were made of 75 percent copper and 25 percent nickel, and were produced from 1866 to 1883. 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.
Now the 1867 nickel had one of the highest mintages. The first is an 1866 with a very strong repunched date, attributed cherrypickers guide fs001, fletcher f08. Proof shield nickels are reasonably abundant as are uncirculated examples. Longacre, the coin was issued from 1866 until 1883, when it was replaced by the liberty head nickel. 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. Two rolls average circulated morgan silver dollars for sale. How many boxes on average do you have to search for various varieties. These shield nickels were minted only in 1866 and 1867. Longacre in accordance with the act of 16th of may, 1866. The obverse and reverse show nice detail for the year and grade. Home coins us coins two and three cents three cent nickel. From 1867 until 1883, the reverses are without rays. Your 1867 nickel value varies widely depending on condition. Check for breaks in luster on the high points of the design, the cross, the frame of the shield.
The reverse of the coin shows great detail as well. The 1866 and 1867 shield nickel reverses feature rays. High 1867 nickel value shows just how scarce these coins are. 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. The metallurgical difficulties were the source of many minting errors in the shield nickel coin. Not coincidentally, joseph wharton owned a nickel mine and refinery. To correct this problem, mint officials ordered the removal of the rays in mid 1867, creating two varieties. Discussion in us coins forum started by ryanbrooks, oct 22, 2008. The reverse has two strong lower field cracks as well as some others through the legend. Asking for opinions on grade for 1943 d jeferson war nickel. Oct 10, 2010 5 cent nickels shield nickel with rays, 18661867. A shield is featured on the front obverse and the numeral 5 surrounded by stars on the reverse. Previous 1867 shield nickel, rays, 1867 1867, repunched date, fs301, rare.
It continues downward through the n of cent and the o in of, terminating at the opposing rim. 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. 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. 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. 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. The shield nickel the first nickel fivecent piece minted in the united states was designed by james b. Description 1867 rays shield nickel, pr66 cameo interesting and rare dannreuther1 1867 5c rays pr66 cameo ngc. A common date, however interesting for a couple of issues that show the difficulty the mint had with this series. See rcd5c186705 for information on the retained cud in the same area. Just picked this up today, and i think it is really neat.
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