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1873 Proof Shield Nickel - Closed 3

Strike Type
1873 Proof Shield Nickel - Closed 3

Coin Details

Year
1873
Denomination
Nickel
Mint Mark
P
Strike Type
Proof
Series
Shield Nickels 1866-1883
Designer
James Barton Longacre
Mintage
1,100
Composition
75% Copper, 25% Nickel
Weight
5g
Diameter
20.5mm
Edge
Plain

Value Estimates

$468 - $468

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

$7,931 PR67 06-05-2013 Heritage Auctions

Description

The 1873 Proof Shield Nickel - Closed 3 is a proof nickel struck at the Philadelphia Mint, part of the Shield Nickels 1866-1883 series. With a mintage of 1,100, this is an extremely rare issue — the lowest mintage among 3 mint variants, representing only less than 1% of total 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. The "Open 3" and "Closed 3" varieties exist, reflecting different numeral punches. This was the year of the controversial Coinage Act. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value is approximately $468. Struck in 75% copper, 25% nickel, weighing 5 grams, 20.5 mm in diameter, with a plain edge. Cataloged as PCGS #3827.

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