1868-P (Philadelphia) Shield Nickels

Coin / United States of America / 1868 / Philadelphia / Shield Nickels / 5¢ (Five Cents, Nickel, Half Dime)

The coin in question is a fascinating example of U.S. numismatics, specifically a 1868 Shield Nickel. This piece of currency has significant historical and collectible value, particularly as it is a Proof coin, which indicates that it was struck with special care and intended primarily for collectors rather than circulation. Key features of this coin include: - **Denomination:** The coin is valued at 5¢, known commonly as a nickel. - **Mint Mark and Production:** It was minted at the Philadelphia Mint, as indicated by its "P" mint mark. The mintage of this particular coin is relatively low, with only 600 units produced, making it quite desirable among collectors. - **Material Composition:** This nickel is made of a copper-nickel alloy, which was a standard for U.S. nickels during this period. - **Dimensions:** The coin has a diameter of 20.5 mm and a weight of 5 grams, adhering to the specifications for nickels of that era. As a Proof coin from 1868, it carries a distinct finish and higher quality than regular struck coins. Given its rarity and historical context, particularly as part of the Shield Nickel series that began in 1866, this coin would be highly sought after by numismatists. In summary, the 1868 Shield Nickel, with its limited mintage and special proof status, represents an important piece of American monetary history and a cherished collectible for enthusiasts in the field.