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.

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.

1867 RAYS 5C MS
  GVGFVF4045505355586061626364656667686970
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 - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 567
Low Grade: G
Average Grade: 61
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
3/25/1996 PCGS AU 58   Teletrade Auction 0826, 826/Lot# 237 $163.50
1/25/2004 PCGS MS 63   Goldberg January 25-28, 2004 Pre-Long Beach Coin and Currency Auction, 23/Lot# 1557 $437.00
11/3/2005 NGC MS 64   Heritage Auctions 2005 November Dallas, TX Signature Auction #388, 388/Lot# 502 $747.50
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# 1098 $607.20
12/5/2013 NGC MS 65   Heritage Auctions 2013 December 5 - 8 US Coins Signature Auction - Houston Session(1), 1192/Lot# 3212 $3,055.00
3/30/2014 PCGS MS 63   GreatCollections GreatCollections Coin Auctions 03/30/2014, 184/Lot# 164823 $536.80
9/14/2014 PCGS AU 53   Heritage Auctions Internet Coin Auction Session(1), 131438/Lot# 27054 $211.50
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
 PrAgGVGFVF4045505355586061626364656667686970
Base1231311752373605976847457838208749741044115913631843319451588428154882680532231
1261461962784396267047587958389079971082122715232293384962481078119260286140
000000704758795838907997108212271523229338496248107811926000
0000007257708088569411021112112951683274445037338131352303300
1867 RAYS 5C MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base333333339251271166818861946210223352665317639526713238214360879068
333333331010401403174019061998217924452835343448721241530416554280
00000033101040140317401906199821792445283534344872124153041600
00000036171155153518131926205022572555300536935792181183701200
Registry Image Gallery
Grade: MS 65 PL
Points: 3176
Owner: physicsfan3.14
 
Grade: MS 64
Points: 1843
Owner: redbird97
 
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