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SERIES: Shield Five Cents 1866-1883
LEVEL: Year, MintMark, & Major Variety

1868 5C (Regular Strike)

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PCGS MS67

PCGS MS66+

PCGS MS66+
PCGS #:
3795
Diameter:
20.50 millimeters
Designer:
James Barton Longacre
Weight:
5.00 grams
Edge:
Plain
Mintage:
28,817,000
Metal Content:
75% Copper, 25% Nickel
Auction Record:
$7,638 • NGC MS67 • 2-5-2014 • Stack's Bowers
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Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 40,000 R-2.6 14 / 17 TIE 15 / 19 TIE
60 or Better 2,000 R-4.6 14 / 17 TIE 15 / 19 TIE
65 or Better 400 R-6.2 15 / 17 16 / 19
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade

“Greenbrier River” Collection (PCGS Set Registry)

1 MS67 PCGS grade  
3 MS66+ PCGS grade

“Greenbrier River” Collection (PCGS Set Registry)

3 MS66+ PCGS grade
3 MS66+ PCGS grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade

“Greenbrier River” Collection (PCGS Set Registry)

1 MS67 PCGS grade  
3 MS66+ PCGS grade

“Greenbrier River” Collection (PCGS Set Registry)

3 MS66+ PCGS grade
3 MS66+ PCGS grade  
3 MS66+ PCGS grade  
3 MS66+ PCGS grade  
3 MS66+ PCGS grade  
9 MS66 PCGS grade  
9 MS66 PCGS grade  

Ron Guth: The Mint produced over 28 million Nickels in 1868, making this the second most common date in the entire series.  At the same time, the Mint made Half Dimes, but only to the tune of 88,600, a seemingly insignificant mintage in relation to the Nickel (a good question is why they were even made at all).

Mint State 1868 Nickels are readily available in grades up through MS65.  There are enough MS66 examples to fill the PCGS Condition Census with coins of that grade, but PCGS has not assigned a higher grade to any 1868 Nickel.

This date is usually struck well, though cracks continue to plague many examples (to see a variety of interesting die cracks, check out the View All Coin Images link above, then click on the individual pictures to get a dramatic close-up look.