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Shield Five Cent 1866 - 1883

The nickel five-cent piece was originally proposed to weigh 3.88 grams and be composed of 75% copper and 25% nickel. The House Coinage Committee wanted the new coin‘s weight to be expressed in grams but would not publicly say so, and while four grams was the next metric weight, this was passed over, and five grams was the weight used. But still unwilling to express the weight as five grams, the enabling legislation required the coin weigh 77.16 grains (the English equivalent of five grams)!

Vital Stats.

Designer: James B. Longacre
Content: 75% copper 25% nickel
Diameter: 20.5 millimeters
Edge: Plain
Weight: 5 grams
Mint Mark Location: No mint-marks (all coins were minted in Philadelphia)
I View Grading
Year/ Mint MarkCirculation Strikes
186614,742,500
1867 Rays2,019,000
1867 w/o28,890,500
186828,817,000
186916,395,000
18704,806,000
1871561,000
18726,036,000
18734,550,000
18743,538,000
18752,097,000
18762,530,000
1877 Key Coin0
1878 Key Coin0
1879 Key Coin25,900
1880 Key Coin16,000
1881 Key Coin68,800
188211,472,900
18831,451,500

Type 1
W/O Rays

1867 Five Cents Type 1, No Rays Obverse 1867 Five Cents Type 1, No Rays Reverse

As Chief Engraver it fell to James Longacre to design the new coin. Several patterns were created, the most interesting ones featured profiles of Washington or Lincoln. Unfortunatly, the issue of portraying actual persons on coinage was a matter for great debate. In this round of debate, the opponents won. Unable to use Washington or Lincolns portrait, Longacre modified a motif he had used earlier on the two-cent coin. The modified design had a certain geometric balance, but it is artistically quite weak.

Type 2
With Rays (1867 only)

1866 Shield Five Cents Type 2, With Rays Obverse 1866 Shield Five Cents Type 2, With Rays Reverse

Initally, the reverse was controversial. The central device shows a large numeral 5 and is surrounded by thirteen stars with thirteen sets of rays between the stars. Suprisingly, some citizens believed Southern sympathizers had infiltrated the Mint and placed the Confederate “Stars and Bars” on the reverse. Dispite objections, the rays were retained on the reverse the first two years of issue. Early in 1867 the rays were eliminated. This was because Mint officials believed the rays prevented the coins from striking completely.

Shield nickels were struck only at the Philadelphia Mint from 1866 until the design change in 1883. This short-lived series has a surprising number of rarities. The two key issues are from 1877 and 1878, when only proofs were struck. Business strikes for the years 1879 - 1881 were low mintage and command large premiums in all grades. There are two overdates, the 1879/8 an overdated proof and the 1883/2.

In 1883 the Shield nickel was replaced by Charles Barber’s new Greco-Roman Liberty head. However, the Shield nickel was the first nickel five-cent piece. While the design was origionally intended to be temporary, it has changed several times since 1866, but the basic 5-gram “nickel” has remained a mainstay of our coinage system.

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