1866 Shield Nickel, Choice Uncirculated PCGS/CAC MS-64

1866 Shield Nickel, Choice Uncirculated PCGS/CAC MS-64

899.00

An original Choice BU example of the first year of production of the U. S. Nickel. The U. S. Mint had a number of problem with production, as the material used was unfamiliar and took much adjustment to learn how to strike coins correctly, without destroying the dies. Interestingly enough, this coin also displays circular die lines within the bottom of the shield and behind the anulet (“cross”) at the top of the shield. While it is not precisely known what caused these lines, which show up on a number or various U. S. coin issues of the 19th Century, the best guess is that these are an artifact of the Janvier reducing lathe used to reduce a plaster model of a coin’s design down to the size of a master hub. Either way, a nice example of the “Alpha” of American Nickel coinage.

PCGS 3790.64/37774216

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