Coin Specifications

Category: Shield Five Cents (1866-1883)
Mint: Philadelphia
Mintage: 561,000
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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1871 5C MS obverse 1871 5C MS reverse


  
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Description & Analysis

The mintage of all minor coins plunged in 1871, as a new law was passed that permitted the Treasury to reissue minor coins that came in for redemption. Previously, such coins were not easily redeemed, and those so received by the Treasury had been destroyed, a remarkably wasteful system indeed. The half million nickels struck during 1871 thus represent merely the number needed to replace those lost as the result of normal attrition through fires and other causes.

This date is moderately scarce in all grades. Mint State pieces are very scarce, with gems being true rarities. As a general rule, however, this date was more carefully made than in earlier years.

A low mintage resulted in only a few varieties, as far fewer dies were needed for such a limited production.

GRADE SUMMARY

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Price Guide

Last Updated: 6/11/2013

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

1871 5C MS
  GVGFVF4045505355586061626364656667686970
Base $ 63.25 88.55 115 180 288 288 318 330 390 420 450 480 630 800 1170 2440 4880 - - - -
$ 320 350 360 430 460 500 530 690 880 1290 2680 5300 - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 96
Low Grade: PrAg
Average Grade: 61
High Grade: 66


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
7/10/2006 NGC MS 62   David Lawrence Rare Coins Internet Auction # 95, 100/Lot# 396 $132.25
7/31/2009 NGC MS 66   Heritage Auctions 2009 August Los Angeles, CA US Coin Auction #1128, 1128/Lot# 241 $3,105.00
5/22/2011 PCGS XF 40   Teletrade Auction 3070, 3070/Lot# 1258 $322.00
1/29/2012 PCGS MS 63   Goldberg January 29 - February 1, 2012 The Pre-Long Beach Auction, 67/Lot# 663 $747.50
5/6/2012 NGC Details F Details  GreatCollections GreatCollections Coin Auctions 05/06/2012, 21/Lot# 49781 $53.00
2/22/2013 PCGS MS 65   Stack's Bowers The March 2013 Baltimore Auction, 181/Lot# 1230 $3,055.00
5/12/2013 NGC Details VG Details  Heritage Auctions Internet Coin Auction Session(2), 131321/Lot# 24776 $60.00


NGC Registry

NGC Registry Score 1871 5C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base8111114319024839544248953756861364270586510511206175322683984103361758719855
911211582092974104575055475836226637589271102138819242840610112753183430
000000457505547583622663758927110213881924284061011275300
000000473521557598632684811989115415702096341282181517000
1871 5C MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base3333333319029843751756064275288411931547269944851279823146
3333333652263444635315876787969871311193132947256162470
000000365226344463531587678796987131119313294725600
000000312726239049054561471584010901429231538891002700
Registry Image Gallery
Grade: MS 65* PL
Points: 1311
Owner: physicsfan3.14
 
Grade: MS 65
Points: 1051
Owner: yosi
 
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