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Explain these lines? 1867 US Shield Nickel
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<p>[QUOTE="Paddy54, post: 2053565, member: 19250"]Now I have a theory or two. I have found another shield nickel on e bay while surfing that has the same lines on the reverse . Spaced about the same around the five.</p><p>I should have marked it as I was at work , had to take a call , logged off and now l can find it.</p><p>My first theory is it was done by a mint employee on purpose . Do you think it was on anyone's mind in 1867 that today some 140 years later people would be trying to guess what happened that day at the mint.</p><p>I was thinking that because of the alloy hardness and how only 10-12,000 coins were struck on each die that those lines were cancel lines. To take that die out of service . Put there on purpose to cancel the die.</p><p>Now the 1867 nickel had one of the highest mintage's.</p><p>The 1867 no ray 28,890,500 to be exact . That was the highest of all shields produced.</p><p>Now since at this time reconstruction post civil war was going on ,coinage was needed to fuel commerce.</p><p>So let's say each die averaged 11 thousand pieces production. If you divide 28,890,500 by 11,000 you would need no less than 2,626 dies to mint that total .</p><p>I think the mint had canceled the die then needed more dies to produce. Then cleaned up the die re polished it and could not polish it so no evidence of the cancellation took place. Plus again they were on a production schedule.</p><p>More or less get it done.</p><p>Again just a theory as I'm not sure what happened but it sure makes you think outside the box for an answer .[/QUOTE]</p><p><br /></p>
[QUOTE="Paddy54, post: 2053565, member: 19250"]Now I have a theory or two. I have found another shield nickel on e bay while surfing that has the same lines on the reverse . Spaced about the same around the five. I should have marked it as I was at work , had to take a call , logged off and now l can find it. My first theory is it was done by a mint employee on purpose . Do you think it was on anyone's mind in 1867 that today some 140 years later people would be trying to guess what happened that day at the mint. I was thinking that because of the alloy hardness and how only 10-12,000 coins were struck on each die that those lines were cancel lines. To take that die out of service . Put there on purpose to cancel the die. Now the 1867 nickel had one of the highest mintage's. The 1867 no ray 28,890,500 to be exact . That was the highest of all shields produced. Now since at this time reconstruction post civil war was going on ,coinage was needed to fuel commerce. So let's say each die averaged 11 thousand pieces production. If you divide 28,890,500 by 11,000 you would need no less than 2,626 dies to mint that total . I think the mint had canceled the die then needed more dies to produce. Then cleaned up the die re polished it and could not polish it so no evidence of the cancellation took place. Plus again they were on a production schedule. More or less get it done. Again just a theory as I'm not sure what happened but it sure makes you think outside the box for an answer .[/QUOTE]
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Explain these lines? 1867 US Shield Nickel
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