1879 5C MS(PCGS#3808)
1879 5C MS (PCGS#3808)
December 2025 Showcase Auction - The James A. Stack, Sr. Collection Part I
- 拍卖行
- Stack's Bowers
- 批号
- 22035
- 等级
- MS66+
- 价格
- 50,863
- 详细说明
- Intense silky luster blankets the fields and works to emphasize the bold and softly frosted devices. The eye appeal is incredibly strong, showcasing a medley of antique gold, powder blue and champagne-pink iridescence across both sides. This is one of the key dates to the circulation strike Shield nickel set as the mintage was a mere 25,900 pieces. So few examples were produced due to the timing of the return to parity in this country of paper money with gold and silver. The Civil War breached this standard in 1861, and after nearly 20 years gold was finally back to par with the greenback currency in circulation. When the Civil War began, silver and gold coins disappeared from circulation in the East and Midwest and were hoarded; instead a wide array of money substitutes were used in the form of tokens, bills, and postage stamps. All the hoards of coins held back for nearly a generation came flooding back into circulation beginning in the late 1870s, and demand for newly minted coins vaporized. Hence, many fractional coin mintages were downright dismal for the next decade as the economy adjusted back to a level of stability not seen since before the Civil War.