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The U.S. Shield Nickel from 1867 without rays on the reverse in Almost Uncirculated (AU) condition is a remarkable representation of America's early nickel coinage. The history of the U.S. Shield Nickel is closely tied to the nation's need for a reliable five-cent coin. Prior to its introduction, the United States primarily used the Half Dime, a small silver coin that was susceptible to wear. To address this issue and reduce production costs, the U.S. Mint began striking the Shield Nickel in 1866. This coin was designed by James B. Longacre, the Chief Engraver of the U.S. Mint.
Unlike the 1866 variety, the 1867 Shield Nickel lacks rays on the reverse. The rays on the reverse of the 1866 Shield Nickel were initially added to improve striking quality by creating a clear separation between the central motif and the inscription. However, due to production challenges, the rays were discontinued in 1867, making the With Rays variety a rare and sought-after collectible. The absence of rays on the reverse of the 1867 Shield Nickel is a key distinguishing feature.
The obverse of the Shield Nickel displays a prominent shield at the center, adorned with horizontal lines and a central star. Above the shield, the national motto "In God We Trust" is inscribed, reflecting the nation's values and beliefs. Encircling the shield are thirteen stars, representing the original thirteen states of the Union. This design symbolizes unity and resilience during a period of reconstruction following the Civil War.
On the reverse of the 1867 Shield Nickel, the absence of rays is noticeable. Instead, the reverse features a simple wreath formed by a laurel branch and an oak branch, symbolizing victory and strength. Inside the wreath, the denomination "5 CENTS" is prominently displayed. The year of issue, "1867," appears at the bottom of the design. The elimination of the rays on the reverse was a practical decision to simplify production.
The denomination of five cents represented the coin's monetary value. During the mid-19th century, this denomination was significant in everyday commerce, making the Shield Nickel a practical choice for small transactions.
Regarding mintage figures, a total of 28,890,500 Shield Nickels without rays were minted in 1867. This mintage quantity reflects the continued demand for small denomination coins during that period and the Mint's efforts to meet the needs of commerce. While the 1867 Shield Nickel without rays is more common than its 1866 counterpart with rays, it remains a historically significant and collectible coin.
As for its condition, the 1867 Shield Nickel without rays in Almost Uncirculated (AU) condition is a remarkable specimen that has seen minimal wear. AU coins typically exhibit traces of wear on the highest points of the design, such as the shield and the obverse stars. Nevertheless, the coin retains much of its original luster and detail, making it a highly desirable collectible for numismatists.
In conclusion, the U.S. Shield Nickel from 1867 without rays on the reverse in Almost Uncirculated (AU) condition stands as a testament to America's early nickel coinage. Designed by James B. Longacre, it showcases a distinctive shield motif on the obverse and a simple wreath on the reverse. With a denomination of five cents and a mintage reflecting the demand of the era, this coin played a pivotal role in everyday commerce. Its AU condition preserves the historical character and visual appeal of this coin, marking an important chapter in the history of American coinage.