1867 Shield Nickel. No Rays. Proof-65 Cameo (PCGS). A fully struck, boldly contrasted specimen that is untoned apart from the lightest pale silver tinting. This is a popular issue with type collectors as the first Proof of the No Rays design. As a solidly graded and aesthetically appealing Gem, the present specimen would also fit comfortably into a specialized Shield nickel set. From the Monterrey Collection. From the Monterrey Collection.