Coin Specifications

Category: Shield Five Cents (1866-1883)
Mint: Philadelphia
Mintage: 561,000
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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1871 5C MS obverse 1871 5C MS reverse


  
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Description & Analysis

The mintage of all minor coins plunged in 1871, as a new law was passed that permitted the Treasury to reissue minor coins that came in for redemption. Previously, such coins were not easily redeemed, and those so received by the Treasury had been destroyed, a remarkably wasteful system indeed. The half million nickels struck during 1871 thus represent merely the number needed to replace those lost as the result of normal attrition through fires and other causes.

This date is moderately scarce in all grades. Mint State pieces are very scarce, with gems being true rarities. As a general rule, however, this date was more carefully made than in earlier years.

A low mintage resulted in only a few varieties, as far fewer dies were needed for such a limited production.

GRADE SUMMARY

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Price Guide

Last Updated: 6/30/2015

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

1871 5C MS
  GVGFVFXF505355586061626364656667686970
Base $ 65.00 90.00 120 185 290 320 350 390 420 450 480 630 825 1200 2400 4700 - - - -
$ - - 375 - - - 530 690 900 1350 3250 7350 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 118
Low Grade: PrAg
Average Grade: 60
High Grade: 66


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
5/31/2004 NGC MS 64   Goldberg May 31 - June 2, 2004 Pre-Long Beach Coin and Currency Auction, 25/Lot# 465 $299.00
4/26/2006 PCGS MS 65   Heritage Auctions 2006 April (CSNS) Signature Auction #404, 404/Lot# 854 $4,600.00
7/27/2009 NGC MS 60   David Lawrence Rare Coins Monday - Internet Auction # 396, 402/Lot# 170 $517.50
4/28/2010 PCGS XF 40   Teletrade Auction 2845, 2845/Lot# 1294 $276.00
5/6/2012 NGC Details F Details  GreatCollections GreatCollections Coin Auctions 05/06/2012, 21/Lot# 49781 $53.00
10/17/2012 PCGS MS 63   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 1104 $940.00
10/3/2016 PCGS MS 66   Heritage Auctions 2016 October 3 - 5 US Coins Signature Auction - Dallas Session(2), 1240/Lot# 3557 $2,820.00
10/3/2016 PCGS MS 65   Heritage Auctions 2016 October 3 - 5 US Coins Signature Auction - Dallas Session(2), 1240/Lot# 3556 $2,115.00


NGC Registry

NGC Registry Score 1871 5C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base8111114319024839544248953756861364270586510511206175322683984103361758719855
911211582092974104575055475836226637589271102138819242840610112753183430
000000457505547583622663758927110213881924284061011275300
000000473521557598632684811989115415702096341282181517000
Registry Image Gallery
Grade: MS 63
Points: 1051
Owner: Amazon
 
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