1866 Rays Nickel MS Values

Greysheet & Red Book® Price Guide

Sponsor

shop eBay

Sponsor

shop Whitman

Sponsor

shop David Lawrence Rare Coins

Sponsor

shop Great Collections

Sponsor

shop CAC

1866 Rays Nickel MS Values

Details

First year of issue for both the Shield Nickel Series and for the change of the 5 cent denomination from silver to nickel (both continue together until 1873). Desirable yet very common in all existing grades up to MS66, at which point can be considered slightly scarce but still readily available. High-end examples with a strong strike are plentiful.

Obverse: A shield flanked on the left and right by leaves topped with a cross with arrows positioned behind at the bottom so the arrow heads and shanks protrude at the sides. The motto IN GOD WE TRUST appears at the top periphery with the date positioned at the bottom center.

Reverse: A large numeral 5 surrounded by 13 stars centered in the design with UNITED STATES OF AMERICA * CENTS around the periphery. Straight lines, depicting rays of the sun, extended from the numeral to between the stars. The rays were removed in 1867.

Basic Information

GSID:

2868

Coin Date:

1866

Denomination:

5c / 5 Cents

Designation:

MS

Mint & Coinage Details

Mint Location:

Philadelphia

Mintage:

14,742,500

Coinage Type:

Shield nickel

Coinage Years:

1866-1867

Composition:

75% copper; 25% nickel

Varieties and Classification

Variety:

Rays

Physical Characteristics

Weight:

5 gr

Weight:

0.1608 oz

Strike Type:

Business

Diameter:

20.5 mm

Coin Shape:

Round

Design Details

Designer:

James B. Longacre

Obverse Lettering:

IN GOD WE TRUST, 1866

Obverse Designer:

James B. Longacre

Reverse Lettering:

5, UNITED STATES OF AMERICA, CENTS

Reverse Designer:

James B. Longacre

Feedback:

Available on Greysheet Marketplace

View All

Dealer Directory

View All Dealers

Greysheet News

View All News
Whitman Brings the Numismatic Community to Baltimore for its Premier Spring Coin Expo, March 5–7, 2026
Whitman Brings the Numismatic Community to Baltimore for its Premier Spring Coin Expo, March 5–7, 2026
2/27/2026

Three-Day Expo Brings Together Dealers, Collectors, and Investors Amid Strong Demand for Rare Coins and Paper Money

Legendary MEGA RED Catalog Returns, More Powerful Than Ever
Legendary MEGA RED Catalog Returns, More Powerful Than Ever
2/24/2026

Limited, Numbered Hardcover Edition Set to Debut for Author Signatures at the Whitman Spring Coin Expo in Baltimore, March 5, 2026

The Business of Numismatics: February 2026 Greysheet Editor's Letter
The Business of Numismatics: February 2026 Greysheet Editor's Letter
2/13/2026

We are only one month into 2026 and the rare coin market's momentum has continued to surge.