Expert Comments

Ron Guth

In 1870, the mintage of the Nickel dropped substantially, but still rang in at nearly 5 million pieces.  Though the total population for this date dropped as well, the grade distribution of Mint State examples mimics that of previous years.  In other words, MS64 is the most frequently-seen grade, followed by MS63, then MS65.  At the top end is MS66, where PCGS has certified a total of ten examples, but none finer.

Most examples of this date are struck well, but die cracks are common.  Often, the reverse stars show outlines; this was not caused by repunching, but by impressing the hub too heavily into the die.

Diameter
20.50 millimeters
Designer
James Barton Longacre
Edge
Plain
Mintage
4806000
Weight
5.00 grams
Metal Content
75% Copper, 25% Nickel
Country
The United States of America
Pop Higher
6
Pop Lower
372
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates

Grades
65 or Better 6000 R-3.8 11 / 17 12 / 19
All Grades 500 R-6.0 7 / 17 TIE 7 / 19 TIE
60 or Better 75 R-8.2 4 / 17 TIE 4 / 19 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS66+ PCGS grade MS66+ PCGS grade

“Greenbrier River” Collection (PCGS Set Registry)

1 MS66+ PCGS grade MS66+ PCGS grade
1 MS66+ PCGS grade MS66+ PCGS grade
1 MS66+ PCGS grade MS66+ PCGS grade
1 MS66+ PCGS grade