Menu
Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 

Description

Ultra-Rare 1866 Nickel Pattern
Judd-521, PR61

1866 5C Five Cents, Judd-521, Pollock-549, R.8, PR61 NGC.
Design.
A fantastic muling of two obverse dies, originally used on Judd-461 and Judd-464, to create a two-headed coin. Obverse: Portrait of Washington, with the legend UNITED STATES OF AMERICA around, and the date below. Reverse: Bust of Washington, with the motto IN GOD WE TRUST above, and the date below. Struck slightly off-center, in silver, with a plain edge.

Commentary.
This extremely rare issue was struck from genuine Mint dies, but was almost certainly not struck in the Mint. Specimens of this design have been reported on nonstandard planchets in a bewildering variety of metals. The present coin has a diameter of 0.850 inches, far larger than a standard nickel (0.808 inches-0.811 inches). The large diameter and the slightly off-center strike of this example indicate that it was not struck with a close collar. Since close collar technology was used for all issues at the Mint in 1866, it is most unlikely that the coin was produced there. In addition, the use of an expensive metal, like silver, to test the dies for a nickel coin was not standard Mint procedure.

The collector most often associated with unofficial restrikes using Mint dies was Joseph Mickley, because a number of these dies were seized by the government at the posthumous sale of his collection (Mason, 11/1878), lot 917. Mickley may have been the person responsible for producing the present coin, but there is room for doubt. The dies used to strike the present issue were absent from among those seized at the Mickley sale. Dr. George Fuld relates that the dies used for this mule were donated to the Boston Numismatic Society sometime between 1869 and 1878 (see The Numismatist, 5/1998). Mickley may or may not have been the donor. Fuld reports that the dies were destroyed only in 1956, affording ample opportunity for someone other than Mickley to make the restrikes. An example was sold in the Crosby Collection (Haseltine, 6/1883), lot 1776. Sylvester S. Crosby had close ties to the Boston Numismatic Society, making him a viable candidate for restrike honors. Whoever produced the restrikes made only a few of them. Experts can account for only three survivors today. Both NGC and PCGS have certified one coin at the PR61 level, with none finer (11/08).

Physical Description.
The obverse is sharply struck, with crisp detail on the portrait. Several die striations are noted, but few handling marks. The reverse displays prooflike surfaces and a particularly sharp strike. Two planchet flaws are noted, one at the rim at 6 o'clock, and the other in the field near the neck. A beautiful prize for the collector of Washingtonia or the pattern specialist.

Provenance.
Ex: Rare Coin Review No. 21 (Bowers and Ruddy, 1974), p. 43; River Oaks Collection (Bowers and Ruddy, 11/1976), lot 298; Public Auction Sale (Stack's, 1/1987), lot 503.
From The Lemus Collection, Queller Family Collection Part Two. (PCGS# 60718)

View all of [The Lemus Collection, Queller Family Collection Part Two ]

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
January, 2009
7th-11th
Internet/Mail/Phone Bidders: 7
Members Tracking: N/A
Page Views: 527

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

Heritage membership

940,605
bidder-members
$885,447,626
sold in the last year

Join Now - It's Free

VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 

Consignments wanted

Consign to the 2015 December 8 - 9 World Coins Signature Auction - Dallas.

Learn about consigning with us

I am very pleased with the results thus far, and feel that my reliance upon your guidance and advice about certain critical questions has been well placed.
Paul H. Crockett,
Miami, fL
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
REALIZED $8,332,129
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
REALIZED $6,503,481
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
REALIZED $10,592,191

© 2015 Heritage Auctions | All Rights Reserved