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LOT #1586  | 
Sold on Jul 31, 2008 for: Not Sold

1942-D/D 5C D Over Horizontal D MS65 Five Full Steps NGC....

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Sold on Jul 31, 2008 for:
Not Sold
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Description

Outstanding 1942-D Over Horizontal D Nickel
MS65 Five Full Steps

1942-D/D 5C D Over Horizontal D MS65 Five Full Steps NGC. FS-501, formerly FS-027, VP-001. In 1942, the Denver Mint coined only nickels of the traditional alloy; after the change-over to the wartime billon alloy in the middle of that year, Philadelphia and San Francisco created new five cent pieces, but Denver did not. Only a small fraction of the 1942-D nickels struck were coined from the reverse with the distinctly repunched mintmark. The initial application of the mintmark was turned sideways from its proper orientation; rather than discard the die, a Mint worker decided to punch the mintmark again, upright this time. The underlying errant mintmark is most readily viewed as a shadow to the left of the straight vertical stroke on the main mintmark.
The 1942-D issue in general is viewed as something of a "sleeper," but the D Over Horizontal D pieces are anything but, having attracted plenty of attention ever since their discovery. It appears on plenty of lists of top Jefferson nickel varieties, and its listing in the Guide Book ensures its continued popularity. For the overall issue, Full Steps status comes more frequently than for surrounding dates, though finding a Gem Full Steps example of the 1942-D remains challenging, and the pool of such survivors among 1942-D Over Horizontal D pieces is far smaller.
This Gem is clearly the finest Full Steps example of the variety ever offered by Heritage, with just three previous auction appearances in MS63 or MS64. The five full steps are plain on the reverse, and the overall level of detail is attractive. A strongly lustrous piece with ample mint, violet, rose, and orange shadings across each side. Minimally marked and highly desirable.(Registry values: P1)

Coin Index Numbers: (NGC ID# 22TL, PCGS# 84015, GSID# 3237)

Metal: 75% Copper, 25% Nickel
Weight: 5.00 grams
Weight: 0.13228oz

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Auction Info

2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114 (go to Auction Home page)
Auction Dates
Jul-Aug, 2008
30th-3rd Wednesday-Sunday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 1,179

Buyer's Premium per Lot:
15% of the successful bid per lot.

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Sold on Jul 31, 2008 for: Not Sold
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