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.
Link to this coin

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
  GVGFVFXF5053555861626364656667686970
Base $ 19.00 26.00 32.50 40.00 68.00 98.00 105 120 135 165 180 225 380 800 1875 - - - -
$ 75.00 105 115 135 145 180 195 250 450 1400 3900 - -

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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Census

 
NGC GRADE SUMMARY

Total Graded: 858
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
2/11/2001 PCGS AU 55   Teletrade Auction 1405, 1405/Lot# 1073 $49.05
9/13/2007 NGC MS 65   David Lawrence Rare Coins Thursday - Internet Auction # 177, 183/Lot# 5281 $747.50
9/23/2007 PCGS MS 64   Goldberg September 23-26, 2007 Pre-Long Beach Coin and Currency Auction, 42/Lot# 1158 $287.50
2/10/2008 PCGS MS 64   Goldberg February 10-13, 2008 Pre-Long Beach Coin and Currency Auction, 44/Lot# 116 $356.50
2/3/2009 NGC MS 64   Heritage Auctions Tuesday Internet Coin Auction #29022, 29022/Lot# 22096 $287.50
11/3/2010 NGC MS 65   Stack's Bowers The November 2010 Baltimore Auction, 44/Lot# 1282 $500.25
6/29/2014 PCGS AU 50   GreatCollections GreatCollections Coin Auctions 06/29/2014, 187/Lot# 203538 $165.00


NGC Registry

NGC Registry Score 1868 5C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base162432456310615520122724827229233040948966312781707371278291372615620
18263651771221702092342562783043564355478681421237550849794143570
000000170209234256278304356435547868142123755084979400
00000018521824126428531738246260510731564304364561176000
Registry Image Gallery
Grade: MS 66
Points: 2161
Owner: dls141
 
Grade: MS 66
Points: 1707
Owner: mtayl03
 
View the Registry Image Gallery

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