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Lot
6005

1867 1C One Cent, Judd-552, Pollock-614, R.8, MS65 NGC....

2013 January 9-14 US Coin FUN Signature Auction - Orlando #1181

 
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Offers to date: $26,790 on May 18, 2013
Auction Ended On: Jan 10, 2013
Item Activity: 11 Internet/mail/phone bidders Number of Bidders
314 page views
Location: Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
1867 Cent Struck in Nickel
Judd-552, MS65
Only Three Pieces Confirmed Known
1867 1C One Cent, Judd-552, Pollock-614, R.8, MS65 NGC. Listed as a regular dies trial piece, struck from the dies of a regular issue Indian cent. Struck in nickel with a plain edge. This is an extremely rare pattern issue with only three or four pieces believed known. It is also an issue that is not without controversy, as explained on the USPatterns.com website: "This may also be a mint error struck on leftover stock used to strike J406-J406A/P475-P476 or on misrolled nickel 5 cent piece stock. Only 3 or 4 are believed to exist including the illustrated example illustrated above which is a business strike and not a proof." The photo on the website appears to be this very coin.
The surfaces are without a doubt consistent with a business strike. The strike details are soft, as one would expect from a nickel planchet, and no attempt was made to polish the dies or planchet, thus the MS designation. Additionally, there are several die cracks present on the reverse. But one does have to wonder, how would nickel planchets be produced for a cent by accident? And if they were, surely there would be more than the three or four pieces known. Which brings up the question of intention. What was the intention when this coin was produced?
The surfaces display the usual even, light gray color of nickel. This piece is identifiable not only by the weakness of high-point definition, but also by a tiny spot located below the eye of Liberty. (PCGS# 60762)

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