Category Archives: nickels

Coin Profiles – Hobo Nickels

The hobo nickel is a sculptural art form involving the creative modification of small-denomination coins, essentially resulting in miniature bas reliefs. The nickel, because of its size, thickness, and relative softness, was a favored coin for this purpose. However, the term “hobo nickel” is generic, as carvings have been made from many different denominations. Classic […]

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1878-Shield_nickel_obverse_by_Howard_Spindel-header

Q&A: Why did the United States begin producing nickel five-cent coins in 1866 when they had been, and still were, coining silver half dimes?

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The following Q&A is excerpted from Clifford Mishler’s Coins: Questions & Answers:
Q: Why did the United States begin producing nickel five-cent coins in 1866 when they had been, and still were, coining silver half dimes?
A: The onset of war, with its requirement of vast expenditures of money and the orientation of priorities for non-consumer goods, traditionally creates inflationary monetary conditions

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1878-Shield_nickel_obverse_by_Howard_Spindel-header

Q&A: Why did the United States begin producing nickel five-cent coins in 1866 when they had been, and still were, coining silver half dimes?

Hover to zoom.
The following Q&A is excerpted from Clifford Mishler’s Coins: Questions & Answers:
Q: Why did the United States begin producing nickel five-cent coins in 1866 when they had been, and still were, coining silver half dimes?
A: The onset of war, with its requirement of vast expenditures of money and the orientation of priorities for non-consumer goods, traditionally creates inflationary monetary conditions

Continue reading on Coin Update News

Counterfeit Coin Detection – 1937-D 3-Legged Buffalo Nickel

Evidence of heavy polishing where the fourth leg should be – 1937-D Buffalo Nickel by Max Spiegel, NGC  ……. The 1937-D 3 Legged Buffalo Nickel is undoubtedly the most famous key date in the Buffalo Nickels series. Most collectors consider it to be a distinct issue although it is more accurately described as a late die […]

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Coin Profiles – Hobo Nickels

  The hobo nickel is a sculptural art form involving the creative modification of small-denomination coins, essentially resulting in miniature bas reliefs. The nickel, because of its size, thickness, and relative softness, was a favored coin for this purpose. However, the term “hobo nickel” is generic, as carvings have been made from many different denominations. […]

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Counterfeit Coin Detection – 1937-D 3-Legged Buffalo Nickel

Evidence of heavy polishing where the fourth leg should be – 1937-D Buffalo Nickel by Max Spiegel, NGC  ……. The 1937-D 3-Legged Nickel is undoubtedly the most famous key date in the Buffalo Nickels series. Most collectors consider it to be a distinct issue although it is more accurately described as a late die state and […]

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Exonumia of the Week – Two Unsigned Plaster Models for the Jefferson Nickel Competition of 1938

By William Shamhart, Jr. – Numismatic Americana …….. A Treasury Department Art Projects Bulletin, No. 14, of 1938 announced an open competition for the design of the new Jefferson nickel. Although the competition was open to the public, there had been a number of announcements already mailed off to known artists who might be interested and […]

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