ACT OF MAY 16, 1866: Authorization of the Nickel 5C
5C Lincoln "5 CENTS"

Owner Comments:

1866 5C
Judd-487, Pollock-576
Rarity: High R.7, PR63 BN CAC Endorsed
Ex: Simpson

Struck in copper with a plain edge

Obverse: The obverse centers around the portrait of Lincoln in profile, facing right. The legend UNITED STATES OF AMERICA circles the bust above, with the date below.
Reverse: Shows the denominational figure 5 above the word CENTS, encircled by a large wreath, with IN GOD WE TRUST above.

Comment: This pattern was a sentimental favorite with collectors when it was created. Lincoln was martyred the year before, and memories of him were still fresh in the public mind. The issue is the only pattern design featuring an image of Lincoln produced in the 19th century.

Heritage wrote a note in the Newman Auction catalog ..."A variety of medals and tokens with Lincolns s likeness were being produced after his assassination, and to feature his image on a coin seemed appropriate. James B. Longacre was asked to provide designs for the new five cent coinage that had been proposed. His 1866 five cent design with the profile of recently assassinated President Lincoln was not adopted. Breen stated that Mint Director Pollock concern about a negative reception from the southern states was the reason. However, Pollock also rejected Longacres Washington head designs, leaving us with the shield nickel as our first five cent coin."

The brown surfaces retain remarkable reflectivity in the fields. Each side is deep blue-gray with hints of cherry-red surrounding some of the outer devices. A few small contact marks explain the grade

Provenance/Appearances:
Ex: Bob Simpson, From Heritage Sept 2020 Important Selections from The Bob R. Simpson Collection, Part I /lot 10213; Prior Heritage Oct 2001 Long Beach Signature Sale / Lot 8798 (NGC PF63 $3800); ; Heritage Mar 2001 Internet Auction / Lot #4638 (Passed)