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1866 Shield Nickel With Rays - G (Good) Condition - 1866 Nickel - Shield Type Nickel 1800's - Shield Nickels
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1866 Shield Nickel With Rays - G (Good) Condition - 1866 Nickel - Shield Type Nickel 1800's - Shield Nickels

1866 Shield Nickel With Rays - G (Good) Condition - 1866 Nickel - Shield Type Nickel 1800's - Shield Nickels

$9.80

Original: $28.00

-65%
1866 Shield Nickel With Rays - G (Good) Condition - 1866 Nickel - Shield Type Nickel 1800's - Shield Nickels—

$28.00

$9.80

The Story

This listing is for one 1868 Shield Nickel, as pictured, in condition as shown. With Rays - G (Good) Condition.

The Mint Act of 1873 ended the production of the half dime. Despite the abolition, the silver pieces continued to circulate in the West, where silver or gold coins were preferred, and the nickel was disliked, throughout the remainder of the 19th century. The act also gave the Mint Director the authority to suspend production of any denomination if additional coins were not needed. Improved economic conditions, combined with low silver prices, brought large quantities of hoarded silver coinage, including half dimes, into circulation beginning in April 1876. In late 1876, production of the Shield nickel was halted under the 1873 act.[23] No Shield nickels were struck in 1877 or 1878, excepting proof specimens for collectors. As the Treasury had a large stock of nickels in storage, only small numbers were struck over the next few years; full-scale production began again on December 12, 1881. The 1880 nickel, with only 16,000 pieces struck for circulation, remains the rarest non-proof Shield nickel today.

1866 Shield Nickel With Rays - G (Good) Condition - 1866 Nickel - Shield Type Nickel 1800's - Shield Nickels
1866 Shield Nickel With Rays - G (Good) Condition - 1866 Nickel - Shield Type Nickel 1800's - Shield Nickels - Image 2

Details & Craftsmanship

Every detail has been carefully considered to bring you the perfect product.

Description

This listing is for one 1868 Shield Nickel, as pictured, in condition as shown. With Rays - G (Good) Condition.

The Mint Act of 1873 ended the production of the half dime. Despite the abolition, the silver pieces continued to circulate in the West, where silver or gold coins were preferred, and the nickel was disliked, throughout the remainder of the 19th century. The act also gave the Mint Director the authority to suspend production of any denomination if additional coins were not needed. Improved economic conditions, combined with low silver prices, brought large quantities of hoarded silver coinage, including half dimes, into circulation beginning in April 1876. In late 1876, production of the Shield nickel was halted under the 1873 act.[23] No Shield nickels were struck in 1877 or 1878, excepting proof specimens for collectors. As the Treasury had a large stock of nickels in storage, only small numbers were struck over the next few years; full-scale production began again on December 12, 1881. The 1880 nickel, with only 16,000 pieces struck for circulation, remains the rarest non-proof Shield nickel today.

1866 Shield Nickel With Rays - G (Good) Condition - 1866 Nickel - Shield Type Nickel 1800's - Shield Nickels

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