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1866 Washington Nickel in Lead
1866 5C Five Cents, Judd-520, Pollock-547, R.7-8, PR60 PCGS.
The obverse depicts George Washington, facing right, UNITED STATES
OF AMERICA and the date at the margin. The reverse is the No Rays
nickel design used from 1867 onward. Struck in lead with a plain
edge. USPatterns.com has this to say about these oddities:
"This muling is believed to have been struck outside the mint from dies sold as scrap metal which were purchased by Joseph Mickley. Many of these coins ended up in the Crosby collection. It is not known if Mickley or Crosby was the actual minter of these coins."
This piece has a medallic alignment and shows evidence of heavy die rust on each side. The vertical reverse die crack is heavy. The surfaces are dark overall with a dig out of the field on each side. Only four pieces are known in lead.
Ex: R.K. Harris (Kreisberg-Schulman, 5/1958), lot 2496; Auction '89 (Stack's session, 8/1989), lot 1848; Bowers and Merena (9/1994), lot 932; ANA Signature (Heritage, 8/1996), lot 5011, where it brought $3,520; Samuel Berngard Collection (Stack's, 7/2008), lot 4190, unsold; Keusch, Snow, & Del Zorro Collections (Stack's (11/2008), lot 3937, unsold. (NGC ID# 2X9S, PCGS# 60717)
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