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1869 Shield Nickel

Strike Type
1869 (P) Nickel coin

Coin Details

Year
1869
Denomination
Nickel
Mint Mark
P
Strike Type
Regular Strike
Series
Shield Nickels 1866-1883
Designer
James Barton Longacre
Mintage
16,395,000
Composition
75% Copper, 25% Nickel
Weight
5g
Diameter
20.5mm
Edge
Plain

Value Estimates

$38 - $281

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

$11,750 MS66+ CAC 11-08-2013 Stack's Bowers

Description

The 1869 Shield Nickel is a nickel produced at the Philadelphia Mint as part of the Shield Nickels 1866-1883 series. The U.S. Mint produced 16.4 million examples, making this the higher-mintage of the two mint variants, representing 100% 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 within a circle of stars, without rays. Minted during Reconstruction and the Gilded Age, as the nation healed from civil war and debated the role of silver and gold in the monetary system. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value ranges from $38 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 #3796.

External References

Error Varieties(12)

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