Obverse. Image Courtesy of Professional Coin Grading Service (PCGS.com)
  • 5 Cents 1867-1883, KM# 97, United States of America (USA)
  • 5 Cents 1867-1883, KM# 97, United States of America (USA)
  • 5 Cents 1867-1883, KM# 97, United States of America (USA), 1873: Close 3 and Open 3
  • 5 Cents 1867-1883, KM# 97, United States of America (USA), 1879: 9 over 8
  • 5 Cents 1867-1883, KM# 97, United States of America (USA), 1883: 3 over 2
Description

The Shield nickel was the first United States five-cent piece to be made out of copper-nickel, the same alloy of which American nickels are struck today. Designed by James B. Longacre, the coin was issued from 1866 until 1883, when it was replaced by the Liberty Head nickel. The coin takes its name from the motif on its obverse, and was the first five-cent coin referred to as a "nickel"—silver pieces of that denomination had been known as half dimes. This created the unusual situation where two coins of the same value circulated simultaneously.

The first versions of the Shield Nickel included rays on the reverse, between the stars surrounding the large 5 at the center of the coin. These extra elements caused the coinage dies to fail early because of the extra pressure needed to strike the nickel alloy and to force the metal into the recesses of the dies. To correct this problem, mint officials ordered the removal of the rays in mid-1867, creating two varieties: With Rays and Without Rays. Striking problems persisted, resulting in a series of coins noted for inconsistent strikes and lots of die cracks.

Interesting varieties include the Open and Close 3's of 1873, 1879/8, and 1883/2.

Obverse

The coat of arms from the Great Seal of the United States of America. The design focused on the shield, or escutcheon as a defensive weapon, symbolizing strength and self-protection through unity. The upper part of the shield, or "chief", symbolizes Congress, while the 13 vertical stripes, or "paleways" symbolize the states; consequently the entire escutcheon symbolizes the strength of the federal government through the unity of the states. The crossed arrows, whose ends are visible near the bottom of the shield, symbolize nonaggression, but imply readiness against attack. The laurel branches, taken from Greek tradition, symbolize victory.

Longacre's design was based on his two-cent pieces. He altered the two-cent design by shifting the location of the two arrows in the design, removed the scroll on which "In God We Trust" had been inscribed, and added a cross, apparently intending a pattee to the top of the shield.

"In God We Trust" is the official motto of the United States. It was adopted as the nation's motto in 1956 as an alternative or replacement to the unofficial motto of E pluribus unum, which was adopted when the Great Seal of the United States was created and adopted in 1782.

IN GOD WE TRUST
1868

Reverse

Denomination surrounded by 13 stars.

UNITED STATES OF AMERICA
5
·CENTS·

Edge

5 Cents

Shield Nickel, Without Rays
KM# 97
Characteristics
Material Cupronickel
Weight 5 g
Diameter 20.5 mm
Thickness -
Shape round
Alignment Coin
Mint
Philadelphia Mint (no mintmark)

Related coins

Seated Liberty Half Dime, Without Stars

Silver, 1.34 g, ⌀ 15.5 mm
Seated Liberty Half Dime, With Stars, No Arrows

Silver, 1.34 g, ⌀ 15.5 mm
Seated Liberty Half Dime, With Stars, With Arrows

Silver, 1.24 g, ⌀ 15.5 mm