SHIELD NICKEL VALUE CHART AND HISTORY

This is the first type "Rays" produced for the 1866 and 1867 Shield Nickel.
This is the first type "Rays" produced for the 1866 and 1867 Shield Nickel. | Source
This is the second type "no rays" produced for Shield Nickels from 1868-1883.
This is the second type "no rays" produced for Shield Nickels from 1868-1883. | Source

HISTORY

The Shield Nickel was a coin produced by the United States Mint. Despite being made of 75%copper and 25% nickel, there is mass value in the Shield Nickel. The Shield Nickel was designed by James B. Longacre. Due to the Civil War, most half-dimes were lost and the Shield Nickel came to follow. The Shield Nickels face value was higher back then because the cost of making this coin was cheap. Mint Director James Pollock proposed the new coin back in 1865 and on May 16, 1866, the Shield Nickel was produced.

SHIELD NICKEL VALUES 2011

DATE
VALUE-G 
 
1866 Rays 
19.00 
 
1867 Rays 
 27.20
 
1868 
13.70 
 
1869
13.70
 
1870
20.88
 
1871
67.84
 
1872
28.00
 
1873
24.15
 
1874
26.25
 
1875
31.00
 
1876
30.60
 
1877
1,250.00
 
1878
615.00
 
1879
420.00
 
1880
600.00
 
1881
300.00
 
1882
13.20
 
1883
15.30
 
1883/2
171.00
 

Common dates for the Shield Nickel Series fall between $13-$68. The Shield Nickel production throughout the years was very low. If you include the fact that they are old also, you find coins in this series that are very valuable. There was only 16,000 circulation strikes made and 3,955 proof strikes for the 1880 Shield Nickel. It is among the years that are considered rare, along with the 1877, 1878, and 1879. In June of 2010, an 1880 Shield Nickel was sold at an auction for $40,250. The coin had a grade of NGC65. For those of you that don't know, this is a high grade. It would have been a coin in mint condition, but still you see the value of these coins in this example. In 1879, there were only 25,900 Shield Nickels made and in 1881, only 68,800. The 1879 is worth $420 in good grade and the 1881 is worth around $300.

Due to the fact that the Shield Nickel had constant issues with striking errors, there were many different designs throughout the years. It is hard to find these coins near uncirculated or better. The value of your coins depend on the rarity and condition of your coin. A coin grade is determined when selling or buying coins. The higher the grade, the higher the value. If you have any questions, I will be glad to answer them and thanks for visiting. Check out our other links to find out the value of your coins.

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Comments 10 comments

b. Malin profile image

b. Malin 5 years ago

I really Enjoyed reading this Hub on "The Shield Nickel" and its History, Lyricwriter. Very well written, and so informative, you have done your research and it shows. Thanks for sharing.


thelyricwriter profile image

thelyricwriter 5 years ago from West Virginia Author

B Malin, thank you so much for the comment. I did a lot of research on coins in the past year, but it has been quite fun. It is nice when your hard work is credited.


Mentalist acer profile image

Mentalist acer 5 years ago from A Voice in your Mind!

My Grandfather had a few of these also...he used to just save random change when he was young and never exchanged it...I need to ask mom where the coins ended up after he died...informative and professional presentation thelyricwriter.;)


Cloverleaf profile image

Cloverleaf 5 years ago from Calgary, AB, Canada

Hi thelyricwriter, the shield nickel is an awesome coin, thanks for sharing all this information in a beautifully presented hub :-)

Cloverleaf.


thelyricwriter profile image

thelyricwriter 5 years ago from West Virginia Author

Hey there Mentalist. Thanks for reading pal. I try to put everything I can think of in it. See you soon.


thelyricwriter profile image

thelyricwriter 5 years ago from West Virginia Author

Thank you cloverleaf. You are always welcome here my dear friend. I shall see ya soon.


Gypsy Rose Lee profile image

Gypsy Rose Lee 5 years ago from Riga, Latvia

Keep up the good work. These are always interesting. I have never seen these nickles. Thanks for the info.


thelyricwriter profile image

thelyricwriter 5 years ago from West Virginia Author

Thanks you so much Gypsy. I appreciate the motivation dear friend.


Sueswan 5 years ago

Thank you for sharing this valuable information.

Voted up and interesting.


thelyricwriter profile image

thelyricwriter 5 years ago from West Virginia Author

Sueswan, thanks again. I am glad that you life my coin hubs. Many people don't realize how high these values are now. Worth checking any coins you have.

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