Classical Numismatic Group, LLC
Auction 117 19-20 May 2021
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1866 Proof Pattern Bronze Five Cent. . Dies by James B. Longacre. IN GOD WE TRUST, shield with cross and two laurel boughs above; 18 66 below / UNITED STATES OF AMERICA, 5 within laurel wreath. Edge: plain. Judd 491; Pollock 578. In NGC encapsulation 5938151-002, graded PF 63 BN.
From the Dr. Jay M. Galst Collection.
With the conclusion of the Civil War, the government sought to redeem the numerous fractional paper currencies they had issued in the preceding years. Designs were drafted and the first patterns struck in 1865, with further refined patterns created the following year. The nickel five cent coin was officially authorized by Congress on 16 May 1866, with the ultimate design, known as the "Shield Nickel" type, selected by Treasury Secretary McCulloch on 28 May.
From the Dr. Jay M. Galst Collection.
With the conclusion of the Civil War, the government sought to redeem the numerous fractional paper currencies they had issued in the preceding years. Designs were drafted and the first patterns struck in 1865, with further refined patterns created the following year. The nickel five cent coin was officially authorized by Congress on 16 May 1866, with the ultimate design, known as the "Shield Nickel" type, selected by Treasury Secretary McCulloch on 28 May.