Coin Specifications

Category: Shield Five Cents (1866-1883)
Mint: Philadelphia
Mintage: 28,817,000
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Copper-Nickel
Weight: 5.0000g
Diameter: 20.5mm
Edge: Plain
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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, many examples are riddled with die cracks and chips.

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, 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: 5/25/2020

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

1868 5C MS
  GVGFVFXF505355586061626364656667686970
Base $ 22.00 30.00 35.00 42.00 60.00 105 115 125 135 165 180 190 210 380 675 1620 9650 - - -
$ - - - - - - - 200 250 435 1150 2850 - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 1027
Low Grade: PrAg
Average Grade: 61
High Grade: 67

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 5/4/2021 1868 5C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base486334242721245994144100138274130342---1027
-----------------11---2
-------------112-5----9
-----------------------
Total486334242721245994144101139276130403---1038
 0%1%1%0%3%2%3%2%2%6%9%0%4%10%13%27%13%4%0%--- 

NGC Registry

NGC Registry Score 1868 5C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base162432456310615520122724827229233040948966312781707371278291372615620
182636517712217020923425627830435643554786814212375508497941435716401
000000170209234256278304356435547868142123755084979400
00000018521824126428531738246260510731564304364561176000
Registry Image Gallery
Grade: MS 66
Points: 1707
Owner: dls141
 
Grade: MS 66
Points: 1707
Owner: mtayl03
 
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Related Articles

NGC Certifies New Shield Nickel Variety

3/14/2017 — This 1868 Shield Nickel with a repunched date is one of several first identified at NGC.
View full article >


NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.