1879 5C MS(PCGS#3808)

November 2020 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

9094

等级

MS67

价格

78,686

详细说明

Top Pop 1879 Shield Nickel 1879 Shield Nickel. MS-67 (PCGS). Intense silky luster blankets the fields and works to emphasize the bold and richly frosted devices. The eye appeal is incredibly strong, showcasing a faint medley of gold, pink, and powder bleu toning across both sides. Among the very finest known, this piece is tied at the top of the PCGS Population Report with only 2 other examples. This is one of the key dates to the Shield nickel circulation strikes set as the mintage for the year was a mere 25,900 pieces. The mintage for this year was attenuated due to the timing of the return to parity in this country of paper money with gold and silver. The Civil War breached this standard in 1861 and after nearly 20 years gold was finally back to par with the greenback currency in circulation. When the Civil War began, silver and gold coins disappeared from circulation and were hoarded, instead a wide array of money substitutes were used in the form of tokens, bills, postage were among the variety of things used for making small change. All the hoards of coins held back for nearly a generation came flooding back into circulation, and demand for new coins vaporized. Hence, many fractional coin mintages were downright dismal for the next decade as the economy adjusted back to a level of stability not seen since before the Civil War. PCGS Population: 3; none finer. PCGS# 3808. NGC ID: 276D. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.