Pennies / Cents

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Your Guide to American Coins and Coin Collecting
Saturday January 19, 2019

Special Topics

Coin Collecting

Metal Detectors

Gold and Silver

Shield Nickel
Years of Production: 1866 through 1883
Compostion: Copper and nickel
Minted at: Shield nickels were struck at the Philadelphia Mint.
Location of Mint Mark: No mint mark - all Shield nickels were struck at the Philadelphia Mint.
Designer: The Shield nickel was designed by James B. Longacre.
Comments: Shield nickels come in two varieties, with rays between the stars or no rays on obverse. Click coins at right to view obverse and reverse coin detail.

How much is my Shield Nickel worth? A nickel -- with a face value of 5 cents -- can be worth more depending on certain factors. Coin value is dependant on the coin's condition, often rated as Fair, Good (G), Very Good (VG), Fine (F), Very Fine (VF) or Extremely Fine (EF or XF). Proof coins are specially struck coins with mirrored surfaces.

In addition to the quality of a coin, its value is also dependant on how rare it is. Below is a list of the approximate mintages of Shield Nickels.

1866 (Rays) 15 Million
1867 (Rays) 2 Million
1867 29 Million
1868 29 Million
1869 16 Million
1870 5 Million
1871 561 Thousand
1872 6 Million
1873 4 Million
1874 4 Million
1875 2 Million
1876 3 Million
1879 29 Thousand
1880 20 Thousand
1881 72 Thousand
1882 11 Million
1883 1 Million

Coins - Nickels - Shield Nickel

Coin collecting or Numismatics rewards the hobbyist in many ways. Coin values can be strictly described as the monetary value or price of given coins; but the knowledge of history, economics and geography available to coin collectors makes coin collecting an invaluable experience well worth sharing with friends, children and grandchildren.

A coin collection need not start with particularly old, rare, or valuable coins of gold or silver. Young collectors are captivated by the unfamiliar designs of such standard American coins as the Indian Head Penny and the Buffalo Nickel. Representative examples of such quintessential coins can be obtained at minimal cost to novice collectors willing to accept coins with high mintages or some wear. Patient culling can be more economical than paying dealer prices. Such coins will help teach basic lessons in grading coins and help to fill up the empty slots in the novice's coin albums. The newly released State Quarters series and Sacagawea Dollars can also be interesting points of entry for young hobbyists discovering the world of coin collecting.

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