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Inventory:
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- Product ID: 23620
The U.S. Shield Nickel from 1883 in Almost Uncirculated (AU) condition is a fascinating piece of American numismatic history. The U.S. Shield Nickel was first introduced in 1866, primarily to address the need for a durable and cost-effective five-cent coin. Prior to its issuance, the Half Dime, a small silver coin, was the primary denomination used for this purpose. However, issues of wear and production costs led to the development of the Shield Nickel, designed by James B. Longacre, the Chief Engraver of the U.S. Mint.
The design of the Shield Nickel is characterized by its unique obverse, which prominently features a central shield. This shield is 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. Thirteen stars encircle the shield, symbolizing the original thirteen states of the Union. This design serves as a symbol of unity and resilience during the post-Civil War era.
On the reverse of the 1883 Shield Nickel, a wreath formed by a laurel branch and an oak branch takes center stage. This wreath represents victory and strength. Inside the wreath, the denomination "5 CENTS" is prominently displayed, indicating the coin's monetary value. The year of issue, "1883," is located at the bottom of the design.
The denomination of five cents was highly significant in daily commerce during the mid-19th century, making the Shield Nickel a practical choice for small transactions.
Regarding mintage figures, the 1883 Shield Nickel saw a total production of 1,456,519 coins. This mintage quantity reflects the ongoing demand for small denomination coins and the Mint's commitment to meeting the needs of commerce. While the 1883 Shield Nickel is not considered a rare coin, its historical significance and collectible appeal continue to endure.
As for its condition, the 1883 Shield Nickel in Almost Uncirculated (AU) grade is a remarkable specimen. AU coins typically exhibit minimal wear, with slight traces visible on the highest points of the design, such as the shield and the obverse stars. However, the coin retains much of its original luster and detail, making it highly sought after by numismatists and collectors.
In conclusion, the U.S. Shield Nickel from 1883 in Almost Uncirculated (AU) condition stands as a testament to the early days of America's nickel coinage. Designed by James B. Longacre, it features a unique 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.