Expert Comments

Ron Guth

In 1867, the Mint continued using a reverse with the rays interspersed between the stars.  Problems in striking the coins continued, particularly the difficulties in bringing up all the details and with dies cracking prematurely.  A decision was made to remove the rays, in the hopes that their removal might solve some of the production problems. 

The mintage of the 1867 With Rays Nickel is a fraction of that of the 1867 No Rays, but the difference is not so stark in the number of certified examples.  For instance, the PCGS Population Report (as of June 2011), shows 547 With Rays and only 800 of the No Rays.  Perhaps collector interest in the No Rays version was not great enough to preserve large quantities of the newer version.

Mint State version are relatively common and are most likely to be found at the MS-64 level.  Gems are scarcer and the finest example graded by PCGS is a single MS-67.

Diameter
20.50 millimeters
Designer
James Barton Longacre
Edge
Plain
Mintage
2019000
Weight
5.00 grams
Metal Content
75% Copper, 25% Nickel
Region
The United States of America
Pop Higher
13
Pop Lower
776
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates

Grades
65 or Better 5000 R-4.0 1 / 2 9 / 19 TIE
All Grades 1000 R-5.0 1 / 2 13 / 19 TIE
60 or Better 75 R-8.2 1 / 2 4 / 19 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade MS67 PCGS grade

“Greenbrier River” Collection (PCGS Set Registry)

2 MS66 PCGS grade MS66 PCGS grade
2 MS66 PCGS grade
2 MS66 PCGS grade
2 MS66 PCGS grade