1868-P Shield Nickel Fine Honest wear Coin

Description: Honest wear on this collectors' coin Coin will come in a nice suspension presentation case. Very suitable as a gift to a budding collector. The United States Shield Nickel is a historic coinage series produced by the United States Mint from 1866 to 1883. The introduction of the Shield Nickel marked a significant change in U.S. coinage, featuring a new design and composition. Here are some key details about the Shield Nickel coinage:Design: The obverse (front) of the Shield Nickel features a central design of a shield, which gives the coin its name. The shield is surrounded by stars, with rays of light radiating outward from the shield. The reverse (back) of the coin features a large numeral "5" for the denomination, surrounded by a laurel wreath. Composition: The Shield Nickel was the first U.S. nickel to be composed of 75% copper and 25% nickel. It has the same alloy as the copper-nickel three-cent piece. Designer: The design of the Shield Nickel is credited to James B. Longacre, who was the Chief Engraver of the United States Mint at the time. Varieties: The Shield Nickel series includes several notable varieties, including the 1866 "With Rays" variety, which has rays between the stars on the obverse, and the 1867-1883 "No Rays" variety, which removed the rays. Historical Significance: The introduction of the Shield Nickel represented a shift from the earlier silver half dime to a new nickel-based coinage. The nickel composition was introduced to combat the problem of widespread hoarding and melting of silver coins due to their intrinsic value. Collectibility: Shield Nickels are popular among coin collectors and numismatists for their historical significance and attractive design. The value of Shield Nickels varies based on factors such as condition, rarity, and demand among collectors. Rare date varieties or coins in better condition may command higher prices in the numismatic market. The Shield Nickel series is an important part of American numismatic history, marking the transition to a new era of coinage. It's a fascinating series for collectors interested in U.S. coinage and design changes during the post-Civil War period.

Price: 55 USD

Location: Palm Beach Gardens, Florida

End Time: 2024-02-04T22:35:25.000Z

Shipping Cost: 0 USD