1869-P (Philadelphia) Shield Nickels

Coin / United States of America / 1869 / Philadelphia / Shield Nickels / 5¢ (Five Cents, Nickel, Half Dime)

The coin in question is an 1869 Shield Nickel, minted in Philadelphia (designated by the "P" mint mark). It is part of the Shield Nickel series, which was first introduced in 1866 as a replacement for the old Liberty Head design. This specific coin has a denomination of five cents, or 5¢, and is made of a copper-nickel alloy. With a mintage of 16,395,000, this coin is relatively common among collectors, but its condition plays a significant role in its value. The Shield Nickel features a distinctive shield design on the obverse (front) side, representing the shield that signified the Union during the Civil War. The reverse side showcases a depiction of the numeral "5" surrounded by a wreath. This particular coin has a diameter of 20.5 mm and weighs 5 grams. Although its height and width are not applicable in traditional terms as a coin's dimensions, its attributes are critical for identification and grading. Given its historical context, the 1869 Shield Nickel is an interesting piece of American numismatic history, reflecting the transition of design and material that occurred in the mid-19th century. Collectors and investors often seek out these coins, particularly for their historical significance and the enduring appeal of the Shield Nickel series.