Coin Specifications

Category: Shield Five Cents (1866-1883)
Mint: Philadelphia
Mintage: 2,019,000
Catalog: KM-96
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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1867 RAYS 5C MS obverse 1867 RAYS 5C MS reverse

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Description & Analysis

In late 1866 there was already discussion of removing the rays from the reverse of the five-cent piece in an attempt to make the coins strike up more fully. The continued urgent demand for nickels to retire five-cent notes did not allow for any delays in coining, so a modest number was coined early in 1867 before this change could be effected. Actually, a mintage of more than two million pieces is small only when compared to the nearly 29 million produced without rays later in the year.

This subtype With Rays is readily available in worn condition, but Mint State examples are scarce, gems genuinely rare. They displays the same flaws as the 1866 pieces, and few of them are fully struck.

This issue is also rich in varieties, the roster of those recognized by NGC being just the tip of the iceberg. So many varieties are known for Shield Nickels that ones which would be of considerable interest for another coin type are largely overshadowed within this series.


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Price Guide

Last Updated: 7/17/2014

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

1867 RAYS 5C MS
Base $ 32.00 42.50 60.00 97.50 190 190 260 280 300 330 390 435 515 675 1150 3400 10000 35000 - - -
$ 210 280 300 330 360 430 470 565 775 1625 4000 14500 - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Total Graded: 572
Low Grade: G
Average Grade: 61
High Grade: 67

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
9/12/2001 NGC MS 64   Teletrade Auction 1482, 1482/Lot# 1149 $654.00
1/25/2004 PCGS MS 63   Goldberg January 25-28, 2004 Pre-Long Beach Coin and Currency Auction, 23/Lot# 1557 $437.00
6/2/2005 NGC MS 67   Heritage Auctions 2005 June Long Beach Signature Auction #376, 376/Lot# 5477 $15,525.00
2/13/2006 PCGS MS 63   Heritage Auctions 2006 February Long Beach Online Session #401, 401/Lot# 7446 $632.50
5/9/2007 NGC MS 65   Heritage Auctions 2007 St. Louis, MO (CSNS) Signature Coin Auction #434, 434/Lot# 1437 $2,645.00
10/17/2012 PCGS MS 64   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 1099 $1,586.25
2/23/2014 PCGS MS 63   GreatCollections GreatCollections Coin Auctions 02/23/2014, 182/Lot# 167556 $430.10
9/28/2014 NGC MS 63   David Lawrence Rare Coins Internet Auction # 823, 832/Lot# 573 $475.00

NGC Registry

NGC Registry Score 1867 RAYS 5C MS
1867 RAYS 5C MS Prooflike
Registry Image Gallery
Grade: MS 65 PL
Points: 3176
Owner: physicsfan3.14
Grade: MS 64
Points: 1843
Owner: redbird97
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