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Lot
7054

1918/7-D 5C MS64 PCGS. FS-101....

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

 
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Auction Ended On: Aug 12, 2011
Item Activity: 12 Internet/mail/phone bidders
1,402 page views
Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631

Description:

Near-Gem 1918/7-D Buffalo Nickel
Important Guide Book Overdate
1918/7-D 5C MS64 PCGS. FS-101. The 1918/7-D overdate Buffalo nickel continues to grow in popularity as more and more collectors tackle this rewarding and challenging series. The Registry Set phenomenon has also increased the competition for nice examples in the highest grades obtainable. While a few Mint State examples of the overdate nickel are known, the majority of certified survivors range from Very Good to Very Fine.
David Lange lays out some of the variety's numerous authenticating diagnostics in The Complete Guide to Buffalo Nickels:

"Genuine examples usually have a fine die crack just above the knot of the Indian's braid, though this may not be present on coins struck from the earliest state of the die. Also, the top of the 8 extends halfway up into the horizontal bar of the 7; the two 'ears' of that bar show fully as well as its flat top surface, and the diagonal of the 7 underneath the 8 is straight, not curved."


Lange also notes that the 1918/7-D also shows a peculiar die erosion pattern, which manifests itself on this near-Gem with prominent weakness at the tops of the letters in LIBERTY and the field around.
Like many other examples of the 1918/7-D, this piece shows striking softness at the centers, particularly on the braid and shoulder. On the reverse, the tip of the tail is weak, but the horn is fully outlined. Strong, semifrosty luster filters through a medium-thickness layer of apricot toning with elements of peach and canary-yellow. A few small abrasions and other disturbances combine to account for the grade. PCGS has graded just three numerically finer examples of the variety (6/11).(Registry values: N10218) (NGC ID# 22RJ, PCGS# 3939)

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