LOT #4772 |
Sold on Jan 4, 2018 for: Not Sold
1880 5C MS64 PCGS....
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Sold on Jan 4, 2018 for:
Not Sold Description
1880 Shield Nickel, MS64
Phenomenal Key Date Example
Only 16,000 Coins Struck
1880 5C MS64 PCGS. Starting in the early to mid-1870s, the
Mint and subtreasuries began to take in vast quantities of old
nickel coinage unwanted by the public. There was simply too much of
it in circulation. Late in 1876, Shield nickel production was
halted altogether, and only proofs were struck in 1877 and 1878.
The Treasury authorized the Mint to produce a small quantity of
circulation strikes for collectors in 1879 and 1880, explaining the
ultra-low mintage of 16,000 coins for this key date issue.
Curiously, while these were made expressly for numismatic purposes
rather than for circulation, most coins ended up in the channels of
commerce anyway. The average grade awarded is XF40, and examples in
near-Gem condition are very rare.This Choice nickel does not have the reflectivity often associated with the 1880. Instead, it looks like an actual business strike with satiny luster and minimal contrast. Full detail appears on the olive leaves, shield, and stars. Minimally marked with a single tick on the cross and some aqua residue within the E in UNITED. Housed in a green label holder. Population: 6 in 64, 9 finer (11/17).(Registry values: N2998)
Coin Index Numbers: (NGC ID# 276E, PCGS# 3810, Greysheet# 2883)
Weight: 5.00 grams
Metal: 75% Copper, 25% Nickel
Auction Info
2018 January 3 - 8 FUN US Coins Signature Auction - Tampa #1271 (go to Auction Home page)
Auction Dates
January, 2018
3rd-8th
Wednesday-Monday
Bids + Registered Phone Bidders: 20
Lot Tracking Activity: N/A
Page Views: 782
Buyer's Premium per Lot:
20% of the successful bid per lot.
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