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1866 Shield Nickel - Rays

Strike Type
1866 Shield Nickel - Rays

Coin Details

Year
1866
Denomination
Nickel
Mint Mark
P
Strike Type
Regular Strike
Series
Shield Nickels 1866-1883
Designer
James Barton Longacre
Mintage
14,742,500
Composition
75% Copper, 25% Nickel
Weight
1.94g
Diameter
20.5mm
Edge
Plain

Value Estimates

$73 - $4,070

Values as of May 2026 — estimates reflect typical grades (G-4 through MS-67). Coins in lower or exceptional grades may fall outside this range.

Auction Record

$17,038 MS66+ 07-15-2021 Legend Rare Coin Auctions

Description

The 1866 Shield Nickel - Rays is a nickel produced at the Philadelphia Mint as part of the Shield Nickels 1866-1883 series. Total mintage reached 14.7 million. The obverse features a large Union shield with a motto ribbon and crossed arrows behind it, while the reverse displays a large numeral 5 surrounded by stars and rays. Designed by James Barton Longacre. Struck in 75% copper, 25% nickel, weighing 1.94 grams, 20.5 mm in diameter, with a plain edge. Cataloged as PCGS #3790. The Shield Nickel was the first five-cent coin struck in the copper-nickel alloy that gives the "nickel" its name. The 1866 Rays variety and 1883/2 overdate are key varieties. Low-mintage proof-only dates exist toward the end of the series.

External References

Error Varieties(20)

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