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1866 Pattern Five Cents. Copper, plain edge PCGS PR65BN

Currency:USD Category:Coins & Paper Money Start Price:4,000.00 USD Estimated At:8,000.00 - 12,000.00 USD
1866 Pattern Five Cents. Copper, plain edge PCGS PR65BN
Low Rarity-7. Sleek, glossy deep brown, soft reflective qualities underlie steel-blue patination. Bust of Lincoln on the obverse; UNITED STATES OF AMERICA, 1866 around. For the reverse, 5 CENTS within a laurel wreath, CENTS is slightly curved. IN GOD WE TRUST appears above in small letters.

The Act of May 17, 1866 prohibited further issue of paper currency in denominations less than ten cents and provided for the issue of nickel five cent pieces. As a result, a number of patterns were made for this denomination. The obverse designs include a shield copied from that used on the two cent piece, different designs of the head of Washington and this one of the head of Lincoln. These were combined with a variety of reverses. (#60683)