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: 11/22/2019

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

1868 5C MS
  GVGFVFXF505355586061626364656667686970
Base $ 20.00 28.00 32.00 40.00 65.00 100.00 110 120 140 160 175 185 200 375 680 1620 9650 - - -
$ - - - - - - - 195 240 425 1150 2850 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 990
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: 12/10/2019 1868 5C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base385333222618215689-4096134269132332---990
-----------------11---2
-------------11213----8
-----------------------
Total385333222618215689-4097135271133373---1000
 0 %1 %1 %0 %3 %2 %3 %2 %2 %6 %9 %-4 %10 %14 %27 %13 %4 %0 %--- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
5/16/2004 NGC MS 65   Teletrade Auction 1883, 1883/Lot# 1026 $660.00
9/26/2006 NGC MS 66   Heritage Auctions Exclusively Internet Auction #26101, 26101/Lot# 13156 $1,667.50
10/26/2009 NGC MS 64   David Lawrence Rare Coins Monday - Internet Auction # 422, 428/Lot# 2114 $253.00
9/19/2010 PCGS MS 64   Goldberg September 19-21, 2010 Pre-Long Beach Coin Auction, 60/Lot# 1413 $253.00
8/26/2012 NGC MS 66   Heritage Auctions Internet Coin Auction Session(1), 131236/Lot# 28048 $1,175.00
7/1/2013 PCGS AU 50   Teletrade Auction 3437, 3437/Lot# 1066 $70.00
6/29/2014 PCGS AU 53   GreatCollections GreatCollections Coin Auctions 06/29/2014, 187/Lot# 203537 $165.00
11/14/2014 NGC XF 45   Stack's Bowers iAuction 3508, 6062/Lot# 20069 $37.60
3/20/2018 PCGS MS 64   Heritage Auctions Internet Coin Auction Session(1), 131813/Lot# 27218 $264.00


NGC Registry

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

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.
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