Price Guide for 1867 Nickel Variants

This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.

1867 Nickel Rays (Regular Strike)
  • 3rd Party Price
    Circulated: $18.00 – $835.43
    Uncirculated: $22.50 – $41,125.00
  • eBay
    Circulated: $7.00 – $1,111.11
    Uncirculated: $57.00 – $2,355.00
  • PCGS Price Guide
    Circulated: $40.00 – $650.00
    Uncirculated: $700.00 – $45,000.00
1867 Nickel No Rays (Regular Strike)
  • 3rd Party Price
    Circulated: $13.00 – $1,150.00
    Uncirculated: $63.00 – $8,225.00
  • eBay
    Circulated: $8.59 – $595.00
    Uncirculated: $49.99 – $1,350.00
  • PCGS Price Guide
    Circulated: $35.00 – $190.00
    Uncirculated: $200.00 – $5,500.00
1867 Nickel Rays (Proof)
  • 3rd Party Price
    Uncirculated: $40.00 – $78,200.00
  • eBay
    Uncirculated: $33,601.00
  • PCGS Price Guide
    Uncirculated: $30,000.00 – $75,000.00
1867 Nickel Rays, CAM (Proof)
  • 3rd Party Price
    Uncirculated: $25,850.00 – $132,250.00
  • PCGS Price Guide
    Uncirculated: $45,000.00 – $75,000.00
1867 Nickel No Rays – Pattern Rev (Proof)
  • 3rd Party Price
    Uncirculated: $2,400.00 – $16,800.00
  • eBay
    Circulated: $137.50
  • PCGS Price Guide
    Uncirculated: $10,000.00 – $22,500.00
1867 Nickel No Rays (Proof)
  • 3rd Party Price
    Circulated: $288.00
    Uncirculated: $5.25 – $10,800.00
  • eBay
    Uncirculated: $525.00 – $2,600.00
  • PCGS Price Guide
    Circulated: $300.00 – $350.00
    Uncirculated: $375.00 – $5,500.00
1867 Rays Nickel RPD FS-301 (Regular Strike)
  • 3rd Party Price
    Circulated: $132.00 – $4,080.00
    Uncirculated: $1,680.00
  • eBay
    Circulated: $284.00 – $712.49
    Uncirculated: $1,736.00
  • PCGS Price Guide
    Circulated: $3,500.00 – $4,500.00
1867 Rays Nickel DDO & RPD FS-302 (002.4) (Regular Strike)
  • 3rd Party Price
    Circulated: $299.00 – $372.00
    Uncirculated: $1,495.00
  • eBay
    Circulated: $1,140.00
  • PCGS Price Guide
    Uncirculated: $1,750.00
1867 Rays Nickel MPD FS-304 (002.6) (Regular Strike)
  • 3rd Party Price
    Circulated: $312.00 – $1,560.00
    Uncirculated: $1,920.00
1867 Rays Nickel RPD FS-303 (Regular Strike)
  • 3rd Party Price
    Circulated: $330.00 – $504.00
  • eBay
    Circulated: $499.99
    Uncirculated: $789.00
1867 Rays Nickel Clashed Rev. Die FS-901 (Regular Strike)
  • eBay
    Uncirculated: $91.00
1867 Nickel No Rays DDO FS-1101 (Regular Strike)
  • 3rd Party Price
    Uncirculated: $460.00
1867/1867 Nickel No Rays RPD FS-1301 (Regular Strike)
  • 3rd Party Price
    Circulated: $276.00 – $900.00
  • PCGS Price Guide
    Circulated: $750.00 – $1,500.00
    Uncirculated: $5,000.00 – $6,500.00
1867 Nickel No Rays DDO & RPD FS-1102 (Regular Strike)
  • 3rd Party Price
    Circulated: $384.00
  • PCGS Price Guide
    Circulated: $450.00
1867 Nickel No Rays RPD FS-1303 (Regular Strike)
  • 3rd Party Price
    Uncirculated: $230.30 – $1,320.00
1867 Nickel No Rays RPD FS-1304 (Regular Strike)
  • 3rd Party Price
    Circulated: $132.00
1867 Nickel No Rays RPD FS-1305 (Regular Strike)
  • 3rd Party Price
    Circulated: $434.75
1867 Nickel No Rays RPD FS-1308 (Regular Strike)
  • 3rd Party Price
    Circulated: $252.00 – $305.50
  • PCGS Price Guide
    Circulated: $300.00 – $375.00
1867 Rays Nickel JD-2, D-2 (Proof)
  • eBay
    Circulated: $41.20
    Uncirculated: $97.22 – $450.00
1867 Rays Nickel JD-2, D-2, CAM (Proof)
  • 3rd Party Price
    Uncirculated: $43,200.00
1867 Nickel No Rays, CAM (Proof)
  • 3rd Party Price
    Uncirculated: $391.00 – $16,450.00
  • eBay
    Uncirculated: $865.00 – $1,700.00
  • PCGS Price Guide
    Uncirculated: $850.00 – $8,000.00
1867 Nickel No Rays, DCAM (Proof)
  • 3rd Party Price
    Uncirculated: $1,093.00 – $35,250.00
  • PCGS Price Guide
    Uncirculated: $3,250.00 – $45,000.00
1867 Nickel No Rays – Pattern Rev, CAM (Proof)
  • 3rd Party Price
    Uncirculated: $4,200.00 – $16,200.00
  • PCGS Price Guide
    Uncirculated: $7,500.00 – $25,000.00

Design and Specifications of the 1867 Nickel

The 1867 Shield Nickel was part of the first series of five-cent coins made of copper-nickel alloy, replacing the silver half dime. This coin played a crucial role in the transition of U.S. coinage following the economic disruptions of the Civil War. The Shield design, symbolizing strength and unity, was particularly significant in the post-war era of national reconstruction.

Weight 5 grams
Diameter 20.5 mm
Mint Marks None (Philadelphia only)
Composition 75% copper, 25% nickel
Obverse Design Shield with arrows and olive branch, designed by James B. Longacre
Reverse Design Wreath surrounding number 5 and stars, designed by James B. Longacre

Rarity Factors and Value Drivers

Condition is crucial for the 1867 Shield Nickel’s value. While common in circulated grades, specimens in uncirculated condition, particularly MS65 and above, are scarce and highly sought after. The coin’s strike quality can vary significantly, affecting its desirability.

Full strike examples with sharp details on the shield and wreath are particularly valuable. The presence of luster and absence of major contact marks greatly enhance the coin’s worth. Attractive, original toning can also add to the appeal and value for collectors.

Philadelphia, No Mint Mark

Mintage: 28,890,500

Rarity Scale: Common

Circulation Status: Widely Circulated

Preservation Rarity: Scarce in grades MS65 and above

Varieties Errors: Rays and No Rays varieties

Market Demand: Moderate, higher for high-grade specimens

The 1867 Shield Nickel is notable for having two major varieties: With Rays and No Rays. The With Rays variety was minted only in early 1867 and is scarcer, commanding a premium. The No Rays variety, introduced later in the year, is more common but still valuable in high grades.

Errors and die varieties can significantly increase value. These include doubled dies, repunched dates, and misaligned dies. The coin’s historical significance as one of the early issues in the Shield Nickel series also contributes to its collectible appeal, especially for type set collectors.

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