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Lot
5396

1937-D 5C Three-Legged MS66 PCGS....

2005 March Palm Beach, FL Signature Sale #368

 
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Auction Ended On: Mar 24, 2005
Item Activity: 9 Internet/mail/phone bidders
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Description:
Amazingly Well Preserved Three-Legged Buffalo Nickel--MS66 PCGS
1937-D 5C Three-Legged MS66 PCGS. The Three-Legged Buffalo nickel is a coin that has crossover appeal. Technically an error coin, it is now collected as a part of the regular Buffalo nickel series. The coins that are known are all from a single die, and curiously, we know who created this modern rarity. In 1937, a Mr. Young, who was then new to the mint and under pressure to complete a quota of coinage, took an emery stick and ground off evidence of die clashing from a pair of dies. However, in his haste he also inadvertently ground off part of the foreleg of the bison. While lower grade, circulated coins are always available for a price, Uncirculated pieces, especially coins that will fit into a Gem set of Buffalo nickels, are really quite elusive. Only three other MS66 coins have been certified by PCGS with none finer, while NGC has graded 13 with only one finer (2/05).
While known for weak striking details, this is an uncommonly sharp example. The braid on the Indian's hair is strongly defined and there is a faint but definite split in the bison's tail. Only the matted hair on the bison's head shows any trace of weakness. However, what really sets this coin apart from others is the amazing, satiny mint luster and rich olive-gold and lilac iridescent toning that is seen over both obverse and reverse. There are no identifying marks on either side, just a faint grease stain (as struck) in the upper right obverse field below the E in LIBERTY.(#3982) (Registry values: N7079) (NGC ID# 22SX, PCGS# 3982)

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