NNP

1865 5C Shield Five Cents, Judd-416, Pollock-488, High R.6, PR65 NGC. Design. The regular issue design of the Shield nickel, With Rays, which was introduced in 1866. The reverse has a clear center dot. Struck in nickel with a plain edge. Commentary. Examples are known with or without a center dot on the reverse, and the presence or absence of that feature may identify individual examples as originals or restrikes. Pattern collectors and Shield nickel specialists alike have a strong interest in these pieces. The PCGS Population Report lists 11 certified examples, 10 that are graded PR64 and one in PR66. The high number of PR64 pieces smacks of resubmissions. In comparison, NGC has certified 13 examples with no more than four in a given grade level. Physical Description. A wonderful Gem with strong design motifs, this piece has lightly reflective, mirrored surfaces with brilliant nickel-gray color. A glass is required to see the myriad carbon flecks evidence an untouched, original coin. From The Eric P. Newman Collection.

From Newman I (Heritage Auctions, 4/2013), lot 3947, realized $14100.00. Image and description courtesy of Heritage Auctions, https://ha.com.