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Lot
5558

1918/7-D 5C AU55 PCGS. CAC. FS-101....

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

 
Sold for: Not Sold
Auction Ended On: Jan 10, 2013
Item Activity: 6 Internet/mail/phone bidders
477 page views
Location: Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
1918/7-D Nickel, AU55
Wartime Doubled Hub Variety
1918/7-D 5C AU55 PCGS. CAC. FS-101. Like its wartime cousins the 1918/7-S Standing Liberty quarter, the 1942/1 and 1942/1-D Mercury dimes, and the 1943/2-P Jefferson nickel, this error coin was produced when one hub was switched for another during the annealing process required to harden working dies. Are the wartime occurrences a coincidence, or were key Mint personnel shipped off to do battle?
This example is almost completely lustrous with subtle golden accents and normal striking deficiency over the design elements. The underdigit is crystal clear, even to the unaided eye, and there are no distractions worthy of mention. Had this prized overdate been a little better-struck, we could easily see it in an AU58 holder. This famous rehubbed variety, now one of the classic 20th century nickel rarities, was discovered in 1931, by which time the vast majority of 1918/7-D nickels had been in circulation for more than a decade. Consequently, AU and better examples are quite elusive, and only a few dozen Uncirculated pieces are believed to exist. Population: 29 in 55, 72 finer (11/12).(Registry values: N4719) (NGC ID# 22RJ, PCGS# 3939)

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