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1916 5C Doubled Die Obverse, FS-101, MS61 NGC....
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Sold on Aug 24, 2022 for:
$51,600.00
Bid Source: Internet bidder
Description
1916 Buffalo Nickel, MS61
Doubled Die Obverse Mint State Rarity
1916 5C Doubled Die Obverse, FS-101, MS61 NGC. The 1916
Doubled Die Obverse is the rarest coin in the Buffalo nickel
series, both overall and in Mint State, with only the 1918/7-D
overdate coming marginally close to matching its scarcity. A little
more than 300 examples of the 1916 Doubled Die have been reportedly
certified by NGC and PCGS combined, although resubmissions
undoubtedly inflate that figure. Moreover, most certified examples
are in circulated grades, and many of the examples we have seen
exhibit surface impairments. In Mint State, the 1916 Doubled Die is
a remarkable rarity. NGC lists only 13 such coins, including two in
the current grade. PCGS lists eight Mint State pieces. Neither
service reports a Gem example. We last handled an MS61 coin in our
April 2016 Central States Signature, where the other NGC-certified
piece realized $59,925.Pronounced die doubling is seen on all obverse elements, but is most prominent on the date, feathers, and other elements of the Indian's portrait and profile. This is pivot doubling, produced by the hub pivoting slightly counterclockwise from roughly the 2 o'clock position, creating the spread that fans out from the date but leaves LIBERTY with little doubling.
This piece displays satiny luster and only light handling marks to limit the grade. Detail is somewhat strong on the feathertips and the bison's head, although the bison's tail and shoulder, as well as the Indian's braid, show moderate weakness. This variety is almost never seen well struck, and the present example is fairly typical in that regard. Satiny surfaces yield ivory and amber toning in a modest woodgrain pattern. Census: 2 in 61, 11 finer (7/22).
From The James Cole Collection.
Coin Index Numbers: (Variety PCGS# 145628, Base PCGS# 3931)
Weight: 5.00 grams
Metal: 75% Copper, 25% Nickel
View all of [The James Cole Collection ]
Auction Info
2022 August 22 - 28 US Coins Signature® Auction #1348 (go to Auction Home page)
Auction Dates
August, 2022
22nd-28th
Monday-Sunday
Bids + Registered Phone Bidders: 18
Lot Tracking Activity: N/A
Page Views: 548
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