Incredibly Rare 1867 Rays Shield Nickel Offered in our March 2021 Showcase Auction

Shield nickels are a largely underappreciated series among
19th century U.S. coinage. They represent America’s inaugural
attempt at a nickel five-cent coin, a format that remains a staple in daily
commerce to the present day. First introduced in 1866 upon the conclusion of
the Civil War, the Shield nickel was issued for just 17 years but produced a
tremendous amount of fascinating and rare varieties.

We are thrilled to offer an incredibly rare FS-304,
Misplaced Date variety of the 1867 Rays nickel in our March 2021 Showcase
Auction. Graded VF-30 (NGC), it exhibits sharp definition and uniform dove-gray
patina. Traces of the misplaced 1 digit are clear at the left side of the
rounded tip of the shield. This variety was listed as unique in the 2015 Cherrypickers’
Guide by Fivaz and Stanton, where the authors indicated that "hundreds
of dedicated Shield nickel enthusiasts are looking for this variety."

Even so, only a couple examples have been discovered since
then, and the 1867 Rays FS-304 remains a formidable rarity. The PCGS and NGC
population reports list just three grading events for this variety including
the present piece. We are unable to find any prior auction appearances for this
variety, making this a very significant offering for specialists.

This incredibly rare FS-304 1867 Shield nickel will be
featured in our March 2021 Auction, accompanied by many important coins
including Small Eagle Draped Bust half dollars from the E. Horatio Morgan
Collection, spectacular Peace dollars from the Pittstown Collection, and New
Orleans Mint rarities from the Collection of Steve Studer. We are accepting
consignments to this Showcase event through January 25th. A calendar of our
entire schedule of upcoming auction events can be found on our website If you would like
to consign or have questions about the consignment process, please contact us
today at [email protected]
or 800-566-2580.

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