View All 1883 Shield Nickel

1883 Shield Nickel - 3/2

Strike Type
1883 (P) Nickel coin

Coin Details

Year
1883
Denomination
Nickel
Mint Mark
P
Strike Type
Regular Strike
Series
Shield Nickels 1866-1883
Designer
James Barton Longacre
Mintage (whole issue)
1,451,500
Composition
75% Copper, 25% Nickel
Weight
5g
Diameter
20.5mm
Edge
Plain

Auction Record

Price realized
$16,100
Sold
Grade
MS67
Auction house
Stack's

Description

This is the 1883/2 overdate variety of the 1883 Shield Nickel. Dies were expensive, and a serviceable die left over at the end of a year was often kept and re-dated rather than destroyed: the new digits were punched directly over the old ones. The earlier date survives underneath wherever its strokes fall outside the digits punched over it, which is why an overdate is read from the shapes that do not belong to the date as printed. The effect is in the die, so every coin struck from it carries the same remnant in the same position. Any mintage given below counts the entire issue for this date and mint, not this variety: a variety comes from one die or a few, and how many coins they struck was never separately recorded. A nickel from the Philadelphia Mint, the 1883 Shield Nickel - 3/2 belongs to the Shield Nickels 1866-1883 series. The 1883 Shield Nickel issue as a whole had a mintage of 1.5 million; how many coins carry this variety is unknown. 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. Final year of the Shield Nickel. Struck in 75% copper, 25% nickel, weighing 5 grams, 20.5 mm in diameter, with a plain edge. Cataloged as PCGS #3814.

External References

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