The first American coin actually known as a US Nickel was the Shield Nickel. Produced just after the conclusion of the Civil War, this coin was introduced in 1866 and eventually replaced in 1883. That final year of production was unique in that the US Mint struck two versions of the US Nickel simultaneously throughout the year as it switched from the Shield Nickel to the Liberty Head Nickel. Now, 1883 Shield Nickels in certified condition are available to purchase online from JM Bullion.
Coin Highlights:
- Coins arrive inside NGC protective plastic slab!
- Last year of issue in the Shield Nickel design series!
- Limited availability of certified coins!
- Contains 75% copper and 25% nickel.
- Issued a face value of $.05 (USD) by the United States.
- Bears a Grade of Mint State 65 from the Numismatic Guaranty Corporation.
- US national shield on the obverse.
- Denomination and stars on the reverse.
From the 1790s to the dawn of the US Civil War, the nation had five-cent pieces in circulation, but these coins were not known as nickels. The first five-cent piece offered by the United States Mint was known as the Half Dime and was a 90% silver coin. However, as hard currencies with precious metal content became valuable beyond their face values during the Civil War, coins like the Half Dime disappeared from circulation, due in large part to hoarding.
Following the end of the war, a new five-cent piece was issued by the United States Mint. Known as the nickel for its 25% nickel content, the new coins started with the so-called Shield Nickel design. Created by 4th Chief Engraver of the United States, James B. Longacre, these coins were available from 1866 to 11883.
In the obverse design of the 1883 Shield Nickel, the US Mint features a depiction of the United States national shield. This seal features a wreath around the top of the shield with nations of the national motto and the date of issue.
For the reverse field of 1883 Shield Nickels, you will find an image of the face value of the coin. The numeric 5 at the center is surrounded by a ring of 13 stars.
These 1883 Shield Nickels are available in plastic slabs with a grade of Mint State 65. Coins in this condition showcase an attractive, high-quality mint luster with only a few, small contact marks or two larger marks. One or two small patches of hairlines are possible, as well as noticeable light scuff marks.
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