USA 5 cents Union Shield No Rays 1883

USA, Philadelphia
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Rarity

Extremely Rare

Attributes of Coins

RegionUSA
Denomination5 cents
Krause numberKM# 97
Mintage5,419
MetalCopper-Nickel
diameter20.5 mm
weight5 g
Obverse:
coin obverse image
Weapon
Creators:
James Barton Longacre
IN GOD WE TRUST
Reverse:
coin reverse image
Star
Creators:
James Barton Longacre
5 CENTS
UNITED STATES OF AMERICA

Introduction of Coins

This is perhaps the most well made proof in the Shield Nickel series, with full strikes and bright fields being the rule. Only occasionally are the flaws described for some other dates seen with this issue. The certified population of gems is large for this date, though with only a limited number of these qualifying as Cameo proofs. Though this coin type became obsolete early in 1883, as the Mint transitioned to the new Liberty Head type, production of Shield Nickel proofs continued through most of the year. This was done to curb speculation in what would otherwise have been a rare issue. Collectors and speculators only sought them more, setting a record proof mintage for the series. A very minor repunched date variety is known for one proof die, but there is almost no interest by collectors.Read More
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