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  Shield Nickel - Circulated
Shield Nickel - Circulated


 
Our Price: $49.95
Year: Varies
Mint(s): Philadelphia
Composition: Copper Nickel
Diameter: 20.5 mm

Product Code: 20516
Qty:

Description
 
On May 16th, 1866 the 1st 5-cent coin was authorized. Coin shortages during the Civil War lead the US Mint to introduce coins whose intrinsic worth did not approach their face value. This new 5-cent piece was actually struck out of a new metal (copper nickel) which was used for the first time the year prior with the release of the 3-cent nickel.  Over a short period of time the 3-cent was discontinued and the 5-cent was the only remaining "non-precious" metal coin being struck ... quickly "coined" the "nickel."  Now, 150 years later, the original nickel (the Shield Nickel) is one of the most difficult circulating coins to acquire. We have a limited number of authentic circulated coins, each encapsulated, presented in a display box.

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