LOT #4714 |
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1875 3CN Misplaced Date, FS-301, MS67 PCGS....
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Sold on Jan 7, 2016 for:
$8,812.50
Bid Source: Internet bidder
Description
1875 Three Cent Nickel, MS67
FS-301, Misplaced Date Variety
Tied for Finest Certified
1875 3CN Misplaced Date, FS-301, MS67 PCGS. Three cent
nickel mintages fell almost every year after 1865, when the series
was introduced as a substitute for the three cent silver coins
driven out of circulation by the Civil War. The theory underpinning
the denomination's authorization seems logical, but the coins
entered into a marketplace already overburdened by one and two cent
pieces. Undoubtedly, the inception of the Shield nickel in 1866 had
a further impact on reducing demand for the three cent nickel. When
silver coinage began to circulate again in the mid-1870s, three
cent nickel coins became even less desirable. For that reason, only
228,000 pieces were struck in 1875, by far the lowest production
total to that point.This incredible Superb Gem features an errant 1 protruding from Liberty's neck. The Cherrypickers' Guide remarks that this is probably the most available variety in the series, but it nevertheless commands a premium as a dramatically misplaced date variant. Cartwheel luster swirls over brilliant silvery surfaces that are free of mentionable imperfections. Strongly rendered with full delineation of the vertical lines on the denomination. The upper and lower wreath elements show moderate die rust. Among the finest at both services. Population (all varieties): 4 in 67, 0 finer (11/15).
Coin Index Numbers: (NGC ID# 22NS, Variety PCGS# 410345, Base PCGS# 3743, GSID# 226439)
Metal: 75% Copper, 25% Nickel
Weight: 1.94 grams
Weight: 0.05132oz
Mintage: 227,300
Auction Info
2016 January 6 - 11 FUN US Coins Signature Auction - Tampa #1231 (go to Auction Home page)
Auction Dates
January, 2016
6th-11th
Wednesday-Monday
Bids + Registered Phone Bidders: 6
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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