Coin Specifications

Category: Shield Five Cents (1866-1883)
Mint: Philadelphia
Mintage: 28,817,000
Catalog: KM-97
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Copper-Nickel
Weight: 5.00 Grams
Diameter: 20.5mm
Edge: Plain
Numismatic specification data provided by Krause Publications NumisMaster.
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1868 5C MS obverse 1868 5C MS reverse


  
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Description & Analysis

1868 recorded the second highest mintage of Shield Nickel in this series. Though the novelty of this coin type had worn off, there seem to be a good supply of Mint State 1868 nickels. Gems exist in sufficient number for the advanced collector, perhaps because the Philadelphia Mint was getting better at making these troublesome coins. Even so, the example illustrated is riddled with die cracks and chips, as well as displaying a poor strike on its reverse.

New hubs for both obverse and reverse were introduced during this year's production, though the hobby has taken relatively little note of the changes. The obverse distinctions are slight, but the reverse hubs are readily recognized. On the Reverse of 67 the topmost star points to letter E in STATES (photo), while the more scarce Reverse of 68 has it pointing between letters ES.

Due to its large mintage, the 1868 issue required many dies, and this resulted in a rich array of doubled-die obverse and repunched mintmark varieties. These are found in combination with either reverse hub style, and variety collectors really love this date.

GRADE SUMMARY

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Price Guide

Last Updated: 7/17/2014

Click on a price to see historical prices, comparison charts and trends.

1868 5C MS
  GVGFVF4045505355586061626364656667686970
Base $ 19.00 26.00 32.50 40.00 68.00 68.00 98.00 105 120 135 145 165 180 225 380 800 1875 - - - -
$ 75.00 105 115 135 145 160 180 195 250 450 1400 3900 - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 806
Low Grade: PrAg
Average Grade: 62
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/8/2003 PCGS MS 65   Heritage Auctions 2003, Orlando, FL. (FUN) Signature Sale #308, 308/Lot# 5989 $661.25
8/8/2004 NGC MS 64   Teletrade Auction 1919, 1919/Lot# 1090 $231.00
7/18/2005 NGC MS 64   David Lawrence Rare Coins Internet-Only Auction #46, 50/Lot# 209 $224.83
2/10/2008 PCGS MS 63   Goldberg February 10-13, 2008 Pre-Long Beach Coin and Currency Auction, 44/Lot# 117 $184.00
5/6/2012 NGC Details XF Details  GreatCollections GreatCollections Coin Auctions 05/06/2012, 21/Lot# 49772 $30.75
2/22/2013 NGC MS 65   Stack's Bowers The March 2013 Baltimore Auction, 181/Lot# 6799 $505.25
11/15/2013 NGC MS 62   Heritage Auctions 2013 November 15 - 16 Selections from the Eric P. Newman Collection, Part II Signature Auction - New York Session(4), 1190/Lot# 34044 $158.63


NGC Registry

NGC Registry Score 1868 5C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base162432456310615520122724827229233040948966312781707371278291372615620
18263651771221702092342562783043564355478681421237550849794143570
000000170209234256278304356435547868142123755084979400
00000018521824126428531738246260510731564304364561176000
Registry Image Gallery
Grade: MS 66
Points: 1753
Owner: dls141
 
Grade: MS 66
Points: 1707
Owner: mtayl03
 
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