The Shield Nickel was first introduced in 1866 and continued until 1883, marking an important transition in U.S. coinage.
Proof coins, including the 1879 Shield Nickel, were struck using specially prepared dies and under different conditions compared to regular circulation coins. They have sharp details and a mirror-like finish.
The mintage for the 1879 Shield Nickel proof was just 2,880 coins, making it a relatively rare coin.
Obverse: The obverse features a shield with "LIBERTY" inscribed above and "1881" below. The design was meant to symbolize strength and the protection of the U.S. nation.
The reverse has a large "V" in the center with an olive branch on the left and a bundle of arrows on the right. The words "CENTS" are below the "V," indicating the coin's denomination of five cents.
The 1879 Shield Nickel was composed of 75% copper and 25% nickel, which was a distinctive blend for U.S. coins at the time. This mixture helped give the coin its characteristic appearance.
Due to its low mintage, the 1879 Shield Nickel proof is considered rare, especially in higher grades.
The 1879 Shield Nickel proof, due to its limited mintage, rarity, and demand among collectors, has great investment potential. Coins that are graded and certified as being in top condition can appreciate significantly in value over time.