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Description

1880 Shield Nickel, MS64
Phenomenal Key Date Example
Only 16,000 Coins Struck

1880 5C MS64 PCGS. Starting in the early to mid-1870s, the Mint and subtreasuries began to take in vast quantities of old nickel coinage unwanted by the public. There was simply too much of it in circulation. Late in 1876, Shield nickel production was halted altogether, and only proofs were struck in 1877 and 1878. The Treasury authorized the Mint to produce a small quantity of circulation strikes for collectors in 1879 and 1880, explaining the ultra-low mintage of 16,000 coins for this key date issue. Curiously, while these were made expressly for numismatic purposes rather than for circulation, most coins ended up in the channels of commerce anyway. The average grade awarded is XF40, and examples in near-Gem condition are very rare.

This Choice nickel does not have the reflectivity often associated with the 1880. Instead, it looks like an actual business strike with satiny luster and minimal contrast. Full detail appears on the olive leaves, shield, and stars. Minimally marked with a single tick on the cross and some aqua residue within the E in UNITED. Housed in a green label holder. Population: 6 in 64, 9 finer (11/17).(Registry values: N2998)

Coin Index Numbers: (NGC ID# 276E, PCGS# 3810, Greysheet# 2883)

Weight: 5.00 grams

Metal: 75% Copper, 25% Nickel


View Certification Details from PCGS

Auction Info

Auction Dates
January, 2018
3rd-8th Wednesday-Monday
Bids + Registered Phone Bidders: 20
Lot Tracking Activity: N/A
Page Views: 782

Buyer's Premium per Lot:
20% of the successful bid per lot.

Sold on Jan 4, 2018 for: Not Sold
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