About Shield Nickel, No Rays [Type] Shield Nickels (Proof)
Proof versions of the Shield nickel were struck during every year of the series run from 1866 through 1883. The Shield nickel, designed by James B. Longacre, became America?s first copper-nickel five-cent coin and is the forerunner of the nickel that we use today in commerce.
Proof Shield nickels are generally scarce, with between 600 and 3,000 pieces struck during any given year, with a few exceptions. On the high end of proof production is the 1883 proof Shield nickel, with 5,419 specimens struck. On the low side is the 1867 Rays proof Shield nickel, which saw a mintage of merely 25 pieces.
There are a few interesting notes about proof Shield nickels. The extraordinarily scarce 1867 Without Rays Pattern Reverse Shield nickel is one of the most challenging issues. The 1877 and 1878 are proof-only dates for the Shield nickel and thus trade at much higher levels due to pressure from date-set collectors. Also of note is the scarce 1879/8 proof overdate, though estimates by Professional Coin Grading Service (PCGS) suggest this variety is probably about as common, or only a little less so, than the so-called normal date.
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 values listed are only indications. CDN Publishing, LLC does not buy or sell collectibles. 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.