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Lot
6269

1891 5C

1994 ANA Sale #122

 
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‡Note: The owner placed a late bid on this unreserved lot and repurchased it, subject to applicable commission.
Auction Ended On: Jul 28, 1994
Item Activity: 1 Internet/mail/phone bidders
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Location: Detroit, MI
Description:
PCGS 1891 MS 65. One can throw out the fact that nearly 17 million examples of this date were struck when gauging its rarity as a gem. First of all, Liberty nickels were real workhorse coins and not only were spent, but were spent again and again and again. Second, only a small percentage of those minted came off the presses as gems due to the hardness of the nickel metal and the quantity of pieces needed. Of the uncirculated examples around today, less than ten-percent could compete with this coin's razor sharp strike and shimmering luster. Population: 17 in 65, 1 higher. (NGC ID# 2776, PCGS# 3852)

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