Expert Comments

Ron Guth

The U.S. Mint at Philadelphia produced no Shield Nickels for circulation in 1877 and 1878.  In 1879, production resumed, but only in limited amounts (this was true of every denomination except for the Cent and the Morgan Dollar).  In fact, the 1879 Shield Nickel has the second lowest mintage in it series, second only to the 1880.  As a result, there is a lot of collector demand for this date, and prices for higher-grade pieces reflect this demand. 

Numerous Gem examples have survived, perhaps more so than some other dates.  Looking at the PCGS Population Report, one sees that the most common grade for this date is MS-65, followed by MS-64, then MS-66 (where PCGS cites 22 examples).  No MS-67 or better examples have been certified by PCGS.

This date features luster ranging from frosty to prooflike.  Virtually all examples show good strike details and the die-cracking that plagued earlier issues seems to be much of a non-issue here.

Diameter
20.50 millimeters
Designer
James Barton Longacre
Edge
Plain
Mintage
25900
Weight
5.00 grams
Metal Content
75% Copper, 25% Nickel
Country
The United States of America
Pop Higher
4
Pop Lower
186
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates

Grades
65 or Better 350 R-6.3 3 / 17 3 / 19
All Grades 150 R-7.5 4 / 17 4 / 19
60 or Better 75 R-8.2 4 / 17 TIE 4 / 19 TIE

Condition Census

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

“Greenbrier River” Collection (PCGS Set Registry)

1 MS67 PCGS grade
3 MS66+ PCGS grade
3 MS66+ PCGS grade
5 MS66 PCGS grade