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    1918/7-D Nickel, Select Mint State
    An Enduring Collector Classic

    1918/7-D 5C MS63 PCGS. CAC. FS-101. There is no exception to the rule in numismatics that "Education is the Best Protection." Many collectors rely on third-party grading rather than learning to grade for themselves. Others rely on authentication services such as PCGS and NGC rather than learning to distinguish genuine coins from fakes. There is nothing wrong with that. It is far better for inexpert collectors to buy graded and authenticated examples of expensive coins rather than "raw" ones, which may be overgraded or counterfeit.

    Still, there is no substitute for knowing for oneself that a coin is accurately graded (or, for that matter, under- or overgraded) in its slab, and that it is a genuine example. The experts at Heritage would be the first to admit that numismatics is a lifetime learning experience. For many numismatists, that is high among its many attractions.

    In the case of the 1918/7-D nickel, there are several authenticating characteristics. Some of those below are from personal experience, others are from Bill Fivaz's useful 2001 Counterfeit Detection Guide:

    --The D mintmark on genuine examples is tilted slightly to the left at the top.
    --In the date, the top of the 8 extends halfway up into the horizontal bar of the 7. The two "ears" (left and right points of the horizontal bar) of the 7 show fully, even on well-circulated examples. The diagonal of the 7 is straight rather than curved, and it appears in the right half of the top loop, and the left half of the bottom loop. The bottom loop of the 8 appears to be positioned slightly to the right of the top loop.
    --Most examples, not all, show a tiny die crack just above the Indian's braid that extends left to the rear of the cheek.
    --The designer's initial F (for James Fraser) appears like a P.

    This Select example is luminous with gold-gray and caramel overtones across a pearl-to-steel base. Both sides are better-defined than often seen, though a measure of die erosion is visible at the right obverse periphery. At first glance this appears to be better than a Select coin, though close inspection reveals a hairline-thin abrasion across the cheek (not to be confused with the raised die crack in the vicinity). Despite this flaw, the coin qualifies as Select and CAC has affirmed this with a green label. Population: 6 in 63, 28 finer (12/13).(Registry values: N7079)

    Coin Index Numbers: (PCGS# 3939)

    Weight: 5.00 grams

    Metal: 75% Copper, 25% Nickel

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    January, 2014
    8th-12th Wednesday-Sunday
    Bids + Registered Phone Bidders: 13
    Lot Tracking Activity: N/A
    Page Views: 1,636

    Buyer's Premium per Lot:
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