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Description

Series Key 1877 Shield Nickel, PR65 Cameo

1877 5C PR65 Cameo PCGS. The Mint Act of March 3, 1871, required the Mint to redeem minor coins in any quantity. For a while the older coins turned included old large cents and half cents, copper-nickel Indian cents, two cents, and nickel three cents and five cents. As time passed, redemptions of the older pre-1864 coins slowed, and by 1874 the Mint simply began reissuing the copper-nickel cents and nickel three and five cents without recoining them. Of the 10 million Indian cents issued in 1877, less than 1 million of them were new cents, and in the case of the five cent nickel, there was simply no need, so only 510 proofs were made. That issue and the 1878, also proof-only, are the series keys. This golden-gray piece offers good field-device contrast and good eye appeal, despite a few trivial obverse flecks that appear under magnification. Population: 28 in 65 Cameo, 28 finer (7/07).(Registry values: N2998)

Coin Index Numbers: (NGC ID# 276U, PCGS# 83831, GSID# 2926)

Metal: 75% Copper, 25% Nickel
Weight: 5.00 grams
Weight: 0.13228oz
Mintage: 900


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Auction Info

Auction Dates
August, 2007
8th-10th Wednesday-Friday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 163

Buyer's Premium per Lot:
15% of the successful bid per lot.

Sold on Aug 8, 2007 for: Not Sold
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