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1918/7-D 5C MS65 NGC. FS-101....
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Sold on Jun 3, 2010 for:
Not Sold Description
1918/7-D Buffalo Nickel in Gem Condition
An Incredible Opportunity for the Specialist
1918/7-D 5C MS65 NGC. FS-101. A shortage of minor coins that
developed toward the end of World War I, specifically in the
1917-18 timeframe, was responsible for a number of interrelated
events that interest numismatists today. The mintage of 1917
Philadelphia Lincoln cents hit a new series high of 196
million-plus coins, handily outstripping 1910's previous record of
146.8 million pieces. With so many coinage dies produced, it is
unsurprising today to note the existence of the famous and popular
Guide Book variety, the 1917 Doubled Die Obverse Lincoln
cent, FS-101.The mintage figure of the 1917 Buffalo nickel was a hefty 51.4 million coins, also a large production while not quite setting a series record, since 1916's emission was 63 million pieces. Two different Doubled Die Reverse 1917 nickels are listed in Cherrypickers', FS-801 and FS-802 (although they have yet to gain Guide Book listings). The 1918 Buffalo nickel mintage in Philadelphia was 32 million pieces, and a Doubled Die Reverse of that issue is also listed in Cherrypickers' as FS-801. But the most famous and elusive nickel error of 1918, by far, was created in Denver, as part of the modest production of 8.3 million coins, the Guide Book-listed 1918/7-D Buffalo nickel.
The 1918/7-D nickel, like other modern wartime overdates, is a dual-hub error. Late in 1917, when both the current- and future-year dies were being produced, one die got a blow from two differently dated hubs between annealings or work-hardenings, with the D mintmark subsequently affixed and shipped to Denver from the Philadelphia Mint die workshop. The first auction appearance was at a Barney Bluestone sale in October 1931--more than a decade between its creation and recognition--so many examples are in the lower circulated grades. There are only a few dozen examples certified in Mint State at both services combined, and even those figures are inflated due to resubmissions, crossovers, and crackouts. Many specimens in later die states show a tiny die crack from the top of the knot in the Indian's braid, running forward onto the cheek.
This Gem offers impressive detail for the issue with only trifling softness at the bison's shoulder, while the two heads and the all-important date area are notably sharp. The luster is soft and lightly frosted with light nickel-gray color forming the centers and bands of gold and peach around the rims. Small marks are scattered and generally appear away from the prime focal areas. An incredible addition to a top-flight Buffalo nickel set. Census: 4 in 65, 0 finer (4/10).
From The Brenda John Collection.(Registry values: N14284)
Coin Index Numbers: (PCGS# 3939, GSID# 3115)
Metal: 75% Copper, 25% Nickel
Weight: 5.00 grams
Weight: 0.13228oz
Mintage: 8,362,000
View all of [The Brenda John Collection ]
Auction Info
2010 June Long Beach, CA Signature US Coin Auction #1140 (go to Auction Home page)
Auction Dates
June, 2010
3rd-6th
Thursday-Sunday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 7,949
Buyer's Premium per Lot:
15% of the successful bid per lot.
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