1867 Shield Nickel - No Rays
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$8,225 MS66 02-05-2014 Stack's Bowers
Description
The 1867 Shield Nickel - No Rays is a nickel produced at the Philadelphia Mint as part of the Shield Nickels 1866-1883 series. The U.S. Mint produced 28.9 million examples, making this the higher-mintage of the two mint variants, representing 93% of production. The obverse features a large Union shield with a motto ribbon and crossed arrows behind it and the reverse displays a large numeral 5 surrounded by stars and rays. The rays between stars were removed mid-year because they caused excessive die cracking and shortened die life. Both With Rays and Without Rays varieties exist for 1867. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value ranges from $25 to $281 depending on grade and condition. Struck in 75% copper, 25% nickel, weighing 5 grams, 20.5 mm in diameter, with a plain edge. Cataloged as PCGS #3794.
External References
Error Varieties(28)

CU-5c-1867-05 Cud

CU-5c-1867-15 Cud

CU-5c-1867-16R Cud

PC-5c-1867-12 Cud

PC-5c-1867-12 Pre-Cud

PC-5c-1867-15 Cud

PC-5c-1867-15 Pre-Cud

PC-5c-1867-18 Cud

PC-5c-1867-18 Pre-Cud

PC-5c-1867-21 Cud

PC-5c-1867-21 Pre-Cud

RCD-5c-1867-01R Retained Cud

RCD-5c-1867-03 Retained Cud

RCD-5c-1867-04 Retained Cud

RCD-5c-1867-05 Retained Cud

RCD-5c-1867-06 Retained Cud

RCD-5c-1867-07 Retained Cud

RCD-5c-1867-08 Retained Cud

RCD-5c-1867-10 Retained Cud

RCD-5c-1867-11 Retained Cud

RCD-5c-1867-13 Retained Cud

RCD-5c-1867-14 Retained Cud

RCD-5c-1867-16 Retained Cud

RCD-5c-1867-19R Retained Cud

RCD-5c-1867-20 Retained Cud

RCD-5c-1867-22 Retained Cud

SHD-5c-1867-01 Shattered Die
