1883/2 5C Shield MS66 Certification #03339248, PCGS #3814

Expert Comments

Ron Guth

In order to produce the 11.47 million 1882 Shield Nickels, the Philadelphia Mint needed lots of dies.  Even with such a high production, the Mint failed to use all of the dies on 1882, leaving unused ones available at the end of the year.  Rather than throw them out, Mint employees simply overdated the dies, creating a number of different 1883/2 overdates.  At least five overdate dies are considered desirable, and they each command similar premiums.  Each overdate shows different positioning of the 2 and the 3 relative to each other -- some are dramatic; others less so.  The one that counts is FS-301 -- this is the variety shown in the Guidebook (Redbook) and the Cherrypickers' Guide.  On this variety, much of a distinct 2 shows clearly to the left of the 3, more so than on any other overdate variety.

This overdate turns out to be relatively scarce, certainly as a fraction of the regular 1883 Shield Nickel coinage.  Uncirculated examples are tough to find, and usually occur in the MS-62 to MS-64 grades.  The finest certified examples are a trio of PCGS MS66s.

Diameter
20.50 millimeters
Designer
James Barton Longacre
Edge
Plain
Mintage
1456919
Weight
5.00 grams
Metal Content
75% Copper, 25% Nickel
Region
The United States of America
Pop Higher
0
Pop Lower
162
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates

Grades
65 or Better 300 R-6.4 2 / 17 2 / 19
All Grades 100 R-8.0 2 / 17 TIE 2 / 19 TIE
60 or Better 20 R-9.1 2 / 17 2 / 19

Condition Census

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

Stack's/Bowers 8/2019:5135, $60,000

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