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Lot
3440

1869 5C Five Cents, Judd-688, Pollock-769, High R.7, PR66 PCGS....

2008 September Long Beach, CA US Coin Signature Auction #1116

 
Sold for: $16,100.00 (includes BP )
Bid Source: Live: Floor bidder
Auction Ended On: Sep 19, 2008
Item Activity: 6 Internet/mail/phone bidders
2,674 page views

Description:

Extremely Rare 1869 Pattern Five Cent in Aluminum
Judd-688, PR66, One of Three Known

1869 5C Five Cents, Judd-688, Pollock-769, High R.7, PR66 PCGS. Aluminum is a common element, the third most widely found in the Earth's crust after silicon and oxygen. But because of its extreme reactivity it is rare in its pure, free form, instead found in more than 270 mineral compounds, most abundantly as bauxite ore.
The use of pure aluminum--even more so the use of pure aluminum in coinage--is a recent phenomenon. Pure aluminum used to be considered a precious metal, more prized than gold. The Emperor Napoleon is said to have given a banquet at which only the most honored guests were given aluminum utensils; the others had to settle for gold.
When the Washington Monument was completed in 1884, its 100-ounce pure aluminum capstone was the largest single piece of aluminum cast at that time, and the lightweight metal was considered more expensive than gold, silver, or platinum at that time. The Hall-Héroult process for extracting aluminum from its ore was discovered around 1884, making the pure metal much less expensive than before and widening its commercial availability.
That greater availability, of course, also extended to coins and medals, and only during the late 1880s and early 1890s are such pieces generally seen. In fact, a famous series of so-called dollars from the 1892-93 World's Columbian Exposition touts the many newly discovered attributes of aluminum for coinage: "malleable, tasteless, sonorous, ductile, untarnishable."
It is against the above background that the present pattern Shield nickel in aluminum, Judd-688, must be viewed. Dated 1869, this piece was produced at a time (presumably the year it bears, or not much later) when aluminum was among the most precious of metals. The design is the same as the regular-issue Shield nickel, although in the pure aluminum context this piece is starkly silver-white, rather than gray. The piece is certified in an old-style PCGS green-label holder, and it certainly appears qualified for a Cameo designation, with thickly frosted devices and splendidly reflective fields that show the coveted black-on-silver appearance of cameo proof coinage at the proper angle.
According to the www.USPatterns.com website, this pattern in aluminum, Judd-688, is part of a series of similar 1869-dated patterns that, despite their listing as die trials, were actually deliberately struck for sale to collectors as part of complete off-metal sets.
Apparently only two or three pieces of the Judd-688 in aluminum are known. The PCGS Population Report shows three pieces certified at that service, one each in PR63, PR65, and PR66, this piece the finest of the three. Besides its status as a fabulously rare pattern, it is a quite beautiful and interesting one--like so many patterns, little is actually known concerning its manufacture, but much research remains to be done, and much will likely remain the subject of conjecture ... (#60913)

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Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1139, Lot 2398 Sunday, May 2, 2010 66 PCGS $23,000.00
View prices realized from this item in other grades (you must be signed in)
PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
65 --- --- --- --- --- $12,000 $13,500
66 --- --- --- --- --- $22,000 ---
67 --- --- --- --- --- --- ---
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.

Population Guide

Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS Not available from PCGS 0  
NGC 66 0 0 0 -
CAC - - - 0 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.

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Patterns, 1869 5C Five Cents, Judd-688, Pollock-769, High R.7, PR66 PCGS....


Patterns, 1869 5C Five Cents, Judd-688, Pollock-769, High R.7, PR66 PCGS....


Patterns, 1869 5C Five Cents, Judd-688, Pollock-769, High R.7, PR66 PCGS....


Patterns, 1869 5C Five Cents, Judd-688, Pollock-769, High R.7, PR66 PCGS....

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