Subscribe or log in for full access to pricing information.

Shield Nickel 5c Rays, 1866-1867 MS

Shield Nickel 5c Rays, 1866-1867 MS

Image Gallery
Subscribe or log in for full access to pricing information.

Greysheet Catalog Details (GSID: 72351)

The Shield Nickel Five cents is part of a series of Shield nickel coins struck from 1866-1867. The specific variety is Rays. Struck in Philadelphia and designated as a Business (MS) strike, this coin is made of 75% copper; 25% nickel from a mintage of 14,742,500 struck.
Shield nickels were struck from 1866 through 1883 and designed by James B. Longacre. These 75% copper, 25% nickel coins, the first 5-cent pieces with this composition, circulated concurrently with the physically smaller but equally denominated half dime, which also has a face value of five cents.

Generally speaking, the scarcest Shield nickels were minted from 1877 through 1881, with the 1866, 1867 Without Rays, 1868, 1869, and 1882 issues being the most commonly encountered dates across the grading spectrum. The rarest issues by date are the 1877 and 1878 Shield nickels, which are proof-only issues with a combined mintage of less than 3,000 pieces.

Shield nickel varieties include the 1867 Rays and 1867 Without Rays, with the former showcasing rays between the stars that encircle the large numeral 5 on the coin's reverse. Earlier into production that year, the rays were removed, leaving only stars around the '5.' Another set of important varieties are found on 1873 nickels with the Closed 3 and Open 3, as evidenced in the fourth numeral of the date. The 1873 Open 3 is far more common than the 1873 Closed 3. All Shield nickels were made at the Philadelphia Mint.

Obverse: A shield flanked on the left and right by leaves topped with a cross with arrows positioned behind at the bottom so the arrow heads and shanks protrude at the sides. The motto IN GOD WE TRUST appears at the top periphery with the date positioned at the bottom center.
Reverse: A large numeral 5 surrounded by 13 stars centered in the design with UNITED STATES OF AMERICA * CENTS around the periphery. Straight lines, depicting rays of the sun, extended from the numeral to between the stars. The rays were removed in 1867.

Catalog Details    Dealers Only

Catalog Detail

GSID: 72351
Coin Date: Shield Nickel
Denomination: 5c / Five cents
Designation: MS
Mint Mark: P
Mint Location: Philadelphia
Mintage: 14,742,500
Coinage Type: Shield nickel
Coinage Years: 1866-1867
Composition: 75% copper; 25% nickel
Variety: Rays
Variety 2: 1866-1867
Strike Type: Business
Diameter: 20.5 mm
Weight: 5 gr
Coin Shape: Round
Designer: James B. Longacre
Obverse Lettering: IN GOD WE TRUST, [Date]
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
PCGS #: 3789

Visit these great CDN Sponsors

CDN Sponsors

Greysheet & CPG® PRICE GUIDE

Related Stories (powered by Greysheet News)

View all news

About CDN Prices

All CDN prices are based on proprietary market knowledge and technology developed by CDN Publishing, LLC.

CPG® prices represent retail levels. Collectors should refer to CPG values as a starting place for their negotiations, or auction bid reference.

Greysheet/Greensheet prices are wholesale market levels for collectible coins/paper money intended to indicate what a dealer, or wholesale, buyer would pay for the described item in the specified grade. Greysheet/Greensheet represent "sight-seen" values based on a buyer's in-hand review. The actual value can be more or less than this depending on factors including eye appeal and market timing.

Bluesheet (NGC & PCGS) prices represent the highest sight-unseen offers to buy on dealer networks like CDN Exchange. In many cases, there are no active sight-unseen buy offers, so CDN looks to the recent lowest market values for such an item. For this reason, Bluesheet values typically represent the floor of the market for the specified item. CDN only tracks Bluesheet on certain items.

CAC prices are for U.S. coins that meet the standards of the Certified Acceptance Corporation. You can learn more about CAC on their web site.

Price movement is indicated for price changes in the last 30 days.

The prices listed in our database are intended to be used as an indication only. Users are strongly encouraged to seek multiple sources of pricing before making a final determination of value. CDN Publishing is not responsible for typographical or database-related errors. Your use of this site indicates full acceptance of these terms.