Captivating 1913 Type Two Five Cent, PR68

    1913 5C Type Two PR68 PCGS. Buffalo nickel proof coins were struck for sale to collectors from 1913 through 1916, and again in 1936 and 1937. The proof five cent pieces of 1913-1916 are commonly known as "matte" proofs, but as David Lange writes in his third edition of The Complete Guide to Buffalo Nickels, this terminology is misleading. Lange states: "True matte proofs have a somewhat dull finish. The proof nickels of 1913-16, like the cents of those years, actually possess a satin finish."
    These satin-finish coins were not especially popular among collectors. Lange says:

    "They longed for the striking contrast between brilliant fields and frosted relief that typified our nation's proof coinage during the 19th Century. The previous type of five-cent piece had been issued in this fashion, but the textured fields and sharply basined dies of Fraser's nickel made this brilliant style of proofing impractical."

    However sharply defined the proof nickels of 1913-16, the lack of the traditional finish negatively impacted sales. Mintages declined steadily (from slightly over 1,500 pieces for each of the 1913 varieties, to 600 for the 1916 issue). Many of these proof coins were apparently spent, and a number were likely melted..
    The luminous surfaces of this PR68 survivor are bathed in an array of pastel powder-blue, yellow-gold, and lavender patination. A well executed strike leaves crisp definition on the design features, and both sides are immaculately preserved. It is hard to imagine that the captivating eye appeal of this piece would be exceeded. Population: 4 in 68, 0 finer (10/08).
    (Registry values: N4719) (NGC ID# 278S, PCGS# 3990)

    Weight: 5.00 grams

    Metal: 75% Copper, 25% Nickel

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

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    Auction Info

    Auction Dates
    December, 2008
    4th-6th Thursday-Saturday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
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