In the realm of collectible coins, "Patterns" refer to experimental or trial pieces that were struck to test new designs or coinage concepts, typically not intended for circulation. The 1868 Pattern coins from the United States are significant as they represent the innovative designs explored during that period, showcasing unique attributes that differentiate them from regular issue coins. The designation "P" and the numeral "5" likely refer to specifics such as the mint mark and denomination, which are crucial in determining the coin's rarity and value among collectors. These coins are highly sought after by numismatists due to their historical significance and limited mintage.

Item Denomination Series Year Mint
1868 P$5 Copper J-656 BN P$5 Patterns 1868 Philadelphia