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1869 Five-Cent Shield Nickel (PCGS AU 55)

Currency:USD Category:Sports - Cards & Fan Shop Start Price:20.00 USD
1869 Five-Cent Shield Nickel (PCGS AU 55)

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Auction Date:2017 Jun 01 @ 19:00 (UTC-7 : PDT/MST)
Location:2320 W Peoria Ave Suite B142, Phoenix, Arizona, 85029, United States
Grade: PCGS About Uncirculated 55

Denomination : Nickel Five-Cent Piece

Type: Shield (1866 - 1883)

Year: 1869

Designer: James B. Longacre

Weight: 5.000 grams

Diameter: 20.5 mm

Composition: 0.7500 copper, 0.2500 nickel

Edge: plain

The Shield Nickel was the first United States 5 cent piece to be made out of copper-nickel, the same alloy used today for American nickels. Designed by James B. Longacre, issued from 1866 until 1883, when it was replaced by the Liberty Head Nickel.

In 1866 the coin was designed with rays between the stars on the reverse. Some of the pieces minted in 1867 have the same details, but later the rays were eliminated, creating two varieties for that year. There was no further change in the type until it was replaced by the Liberty Head design in 1883. Only Proof pieces were struck in 1877 and 1878.