Shield Nickel · Nickels

1867 Shield Nickel, With Rays

Circulation strike struck at the Philadelphia Mint · 2,019,000 made

Mintage
2,019,000 (includes proofs)
Metal
75% copper, 25% nickel
Weight
5 g
Diameter
20.5 mm

Original illustration. Tap to flip. Not a photograph of the actual coin.

Copper content3.75grams
Value band: Small premium

Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.

What is an 1867 Shield Nickel, With Rays worth?

Age alone gives this coin a small premium, even worn. Sharp details and original surfaces push it higher.

What would make yours worth more:

  • Uncirculated condition with full original luster
  • A die variety or minting error

For market prices, check recent sold results for certified coins in the same grade.

Quick answers

Is the 1867 Shield Nickel, With Rays rare?
No. 2 million were made, a typical run for the series. Condition and varieties decide its value, not the date.
Is the 1867 Shield Nickel, With Rays silver?
No. It's 75% copper, 25% nickel. The only silver nickels are the 1942 to 1945 wartime coins with a large mint mark above Monticello.
Where is the mint mark on an 1867 Shield Nickel?
No mint mark. All struck in Philadelphia.
Which Philadelphia dates near 1867 are scarcer?
The 1871 at 561,000. So the 1867 is on the scarcer side for those years.
How many 1867 Shield Nickel, With Rays coins were made?
2,019,000.
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What to check on your 1867

  • There's no mint mark on this one, so the date and condition are what matter.
  • Old coins pick up damage over a long life. Look for holes, bends, scratches or signs of cleaning before you judge the grade, because a damaged coin sells for a fraction of a problem-free one.
  • Judge the grade under good light. Check the leaves around the shield and the horizontal lines within it. The hard alloy meant weak strikes were common, so sharpness adds value.

The story of the 1867

Production at Philadelphia fell off a cliff in 1867. Only 2,019,000 were made, against 15 million the year before. That drop is why the 1867 is the one people look for. The next year it made 29 million (1867).

The other mint made far more that year: 1867 alone came to 29 million, roughly 14 for every 1867. That makes the 1867 the scarcer 1867 coin, though still a common one.

Philadelphia struck the Shield Nickel in 17 issues between 1866 and 1883. By mintage this one lands in the scarcer half, while the key for that mint is the 1880 (16,000). No Shield Nickel of the 1860s had a smaller run.

Rays on the reverse (1866 to 1867)

Congress authorized the copper-nickel five-cent piece on May 16, 1866, partly to replace the small paper notes issued during the Civil War and partly at the urging of nickel interests led by Joseph Wharton. James Longacre's shield design was struck in large numbers, with 14.7 million made in 1866. The reverse showed a large 5 inside a ring of 13 stars with rays between them.

The rays made the hard alloy even more difficult to strike, so early in 1867 they were removed. Only about 2 million 1867 nickels have rays, which makes that variety scarce next to the 28.9 million without rays. Coins from both years often show die cracks, weak stars and soft shield lines. Repunched dates turn up regularly. Survivors are usually gray to light tan and often show wear on the shield and the top of the cross.

Elsewhere in US coinage in 1867

The rays between the stars on the Shield nickel's reverse were removed early in 1867 because they made the coin difficult to strike.

How to recognize it

A shield topped by a cross and framed by laurel and arrows fills the obverse, with IN GOD WE TRUST above and the date below. The reverse has a large numeral 5 inside a ring of 13 stars, with UNITED STATES OF AMERICA and CENTS around it. Coins from 1866 and early 1867 also have rays between the stars. The hard nickel alloy often left dates and stars weakly struck.

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Mintage chart

Shield Nickel mintages, 1867 highlightedLog scale · hover or tap a bar · 1866–1883
10K100K1M10M

Specifications

SeriesShield Nickel (1866–1883)
Year1867
MintPhiladelphia Mint
Mint markNone
Strike typeCirculation strike
Mintage2,019,000 (includes proofs)
Face value5¢
Composition75% copper, 25% nickel
Weight5 grams
Diameter20.5 mm
EdgePlain
DesignerJames B. Longacre

Other 1867 Shield Nickel issues

CoinMintageTypeSilver
1867 Shield Nickel, With Rays2,019,000Circulation strike–
1867 Shield Nickel, No Rays28,890,500Circulation strike–
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Mintage: United States nickel mintage figures (Wikipedia, CC BY-SA 4.0), compiled from US Mint records and the Guide Book of United States Coins. How we build these pages.