1882 Shield Nickel

About This Coin

The 1882 Shield Nickel is a United States nickel from the Shield Nickels 1866-1883 series — a late issue, 17th of 18 years in the series. In 1882, coins were struck at the Philadelphia Mint with a combined mintage of 11.5 million. This ranks 14th of 18 years by total mintage, above the series median of 3.2 million. 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. Struck during the Gilded Age of rapid industrialization and the great silver debates, when monetary policy shaped elections and economic destiny. Struck in 75% copper, 25% nickel, weighing 5 grams, 20.5 mm in diameter, with a plain edge. Collectors have cataloged 6 known die varieties for this date across 3 categories, including cud, pre-cud, retained cud. Produced 5 years after the celebrated 1877 key date. Across its variants, estimated values range from $38 to $468 depending on mint mark, grade, and strike type. A notable auction result reached $28K in PR68 grade at Bowers & Merena. Designed by James Barton Longacre.