LOT #5542 |
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1928-S 5C MS66 PCGS. CAC....
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Sold on Aug 9, 2013 for:
$19,975.00
Bid Source: Internet bidder
Description
1928-S Buffalo Nickel, MS66
Unimprovable PCGS Specimen
1928-S 5C MS66 PCGS. CAC. The 1928-S and the 1929-S have
similar mintages, 6.9 million pieces versus 7.7 million pieces. The
two issues were struck at the same facility, only one year apart.
In typical circulated grades, there is no difference in price. But
surprisingly, by the AU level, the 1928-S is considerably scarcer
than the 1929-S. This trend continues in Mint State, where the
1928-S is priced at multiples of the 1929-S.It is difficult to explain the rarity of the 1928-S relative to the 1929-S. Perhaps a West Coast collector simply hoarded the 1929-S upon release. That person may also have saved rolls of the other two lowest denominations, the cent and dime, since for those denominations the 1929-S is also much more plentiful in high grade than the 1928-S. The 1928-S nickel, like other mintmarked issues from its decade, was little-saved and is difficult to locate in exceptional Mint State condition.
The present Premium Gem is bright and lustrous on both sides and bathed in a light blue peripheral frame with rose highlights in the centers. The surfaces are evenly matched and quite attractive. The strike is sharp on the devices, and both sides show evidence of clashing. As to the rarity in this lofty condition, the combined NGC and PCGS population data show 14 coins graded this high, with only one finer. Certainly worthy of any top-notch collection, and a coin that is possibly unimprovable. Population: 6 in 66, 0 finer (6/13).(Registry values: N4719)
Coin Index Numbers: (NGC ID# 22SD, PCGS# 3965, Greysheet# 3133)
Metal: 75% Copper, 25% Nickel
Weight: 5.00 grams
Weight: 0.13oz
Mintage: 6,936,000
Auction Info
2013 August 8 - 10 US Coins Signature Auction - Rosemont #1188 (go to Auction Home page)
Auction Dates
August, 2013
8th-10th
Thursday-Saturday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 838
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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