A Guide Book of Shield and Liberty Head Nickels (Official Red Book)
To be included they must simply be collectible for the grade. It can be presumed the earlier dates experienced the heaviest melting. In this chapter and chapter 6, each date in both uncirculated and proof is ranked by its overall rarity in mint state or proof as well as its scarcity, within a given grade. In the Shield series most business strike dates are scarcer than their proof counterparts.
The , and proofs are about equal in rarity to their business strikes See Date and Mint Mark Analysis — Chapter 6. The reader will notice the Liberty Head nickel is not included in the tables. There were 4 proofs and 1 Business Strike minted. It is therefore the scarcest date in the Liberty Head series. See chapter 7 for further information on this fascinating coin. Therefore all mintages including must have the number of proofs subtracted from the total number minted to arrive at the correct mint state business strike figures.
This was done in chapter 6. The Rarity ratings used in this book are defined as follows. R-8 Extremely rare, only a few exist. R-7 Rare, almost never available at shows or auctions. R-6 Extremely scarce, only a few will appear at auctions or shows in a year. R-4 Scarce. R-3 Tough date. R-2 Better date for series , available but not at all shows. R-l Common, available at most shows.
It is a rare variety properly graded. The emphasis here is rather on the how this error was created and how unusual it is in appearance.
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Both are minting mistakes. The availability of errors in the Liberty Head series is limited compared to Lincoln cents, or to varieties in the Shield series, but there are some and a few are dramatic. Most we have pictured are striking errors, but we did include one planchet and die error to round out the three major types. Shield and Liberty Head nickels can be found in most of the official error categories. Within each of the PDS major categories are a multitude of sub-categories. Some error publications prefer to use descriptions of the error type, however they still use the major PDS Planchet, Die and Strike categories.
Collecting by type, for all series, is a popular method of assembling an error collection, as is concentrating on one or perhaps two major series. However, since errors are not that plentiful the collector tends to be eclectic. The grade of an error is secondary to the error itself. We have included a small photo representative sample of Planchet, Die, and Strike errors in this section. There are many books, numismatic periodicals and clubs which specialize in errors if further exploration into this interesting area is desired. Not all coins represented as errors are created by accident.
The use of acid to alter a coin is popular, as are grinding wheels, files, wire brushes, plating, hammers, pliers, glue, toning chemicals, welding torch, soldering iron, metal punches and perhaps the latest innovation, the laser. The collector's best guarantee against buying a fraudulent error coin is to use a good magnifying glass, know what a genuine regular issue coin looks like, ask questions on how the error was done and purchase a couple of good books which include the minting process.
In addition, there are grading services which will verify the authenticity and type of error if requested. Cracked Planchet-Grease filled die. Date on obv. Double Strike First strike was centered. Before the coin was ejected from the coin press, it was struck off center a second time. Off-Center Strike — Clipped Planchet Straight Clipped Planchet right side. Coin courtesy of Pete Bishal. Lamination Shield. The reverse had a planchet lamination probably over a bubble causing the planchet to be thinner on that side.
On the obverse there was insufficient metal to fill the die. Coin courtesy of Larry Briggs. Split Planchet Coin was struck, both obv. Extremely Rare. Broadstruck Scarce. Cud Planchet Lamination Metal missing from stars on obv. Very Scarce. Coin courtesy of Joe Haney. Possible retained cud. RPD and Planchet Clip Repunched Date. To defraud is to pass these items off as original, unaltered products of the U.
Usually the fraud is perpetrated near the time the coin is produced or the alteration occurred, but not always. Mint-produced products to the unsuspecting buyer. These were harsh penalties and yet counterfeiters continued to ply their trade to defraud the unwary. In the Shield and Liberty Head nickel series, there are many examples of counterfeit, altered-date, altered-surfaces and retooled coins.
The Shield nickel seemed to be a favorite issue for counterfeiting in the 's and both casting and false dies were used in their production. Today, approximately years after our first NR example of a false-die counterfeit, it might be hard to imagine why anyone would go to the expense and trouble to counterfeit a lowly nickel. These crudely made cast counterfeits couldn't stand close scrutiny, but in a dimly lit tavern or business, or with immigrants not familiar with U. Counterfeiting during the Shield and Liberty Head era attracted the amateur as well as the skilled craftsman.
One such novice group were woodcutters employed on the estate of H. Roosevelt, cousin of the president. And in a group of trolley conductors in New York City were arrested for counterfeiting nickels. The group tried to recruit a young conductor, and his mother blew the whistle by writing a letter to Inspector Bolan of the NYPD. Edward c. Rochette Some of the best and probably the majority of false-die counterfeits were manufactured during the 's with being the most common date Some of the counterfeits were recently sent to the Superintendent of the Mint in Philadelphia by the Treasurer for the purpose of making inquiries and to test their value.
The Superintendent says the counterfeits have been assayed and found to contain copper and nickel in the legal proportion, that the coins are of proper weight, size, and finish, and just as valuable as good coin. The execution of the work is poorly done. The circle beneath the cross in the genuine is well defined; in the counterfeit it is indistinct and touches the scroll work!
The dates are nearly all ; a few are It is noticed that most of the coins are received from the west side of the city of New York, giving the impression that the factory is in that neighborhood or in New Jersey. All the counterfeits we have inspected have been mushy or softly struck. Has broken 8 — lower missing. Lower curlicues on shield are misshapen. Lettering is narrower than normal lettering. Left arrow feathers are short and wide. Letters W E are far apart Rev. Lettering not sharp; top bar of 5 is blunted. Weight 4. Counterstamped with a unique design, obv. Reminds one of a cattle branding iron.
Crude and pitted. Probably lead. Weight 5. Hand engraved die has a heavy top of 7 and narrow leg. Coin Courtesy of Larry Briggs. Die appears to be hand engraved. Arrow sags left side facing , cross, shield, leaves have been redrawn several times. Has denticles. The annulet has a raised dot in center. Appears crude due to method of manufacturing. Initials carved into edge H. Metal was punched, not chased or sculpted. False Dies. Device was hand engraved to enhance detail, but attempts are very obvious.
Abnormal color; alloy may not be correct Firm strike. Buffalo nickels and their products are highly sought by collectors. Carving of pictures on Liberty Head nickels, Indian cents and the Liberty Seated series is much rarer. They are all collectable, but obviously there should be, and is, a difference in price.
PM-5c OD The size has been reduced by removing the rim. It has also been counter- stamped with what are possibly Chinese chop marks, obv. The alteration of Liberty head nickels dated either ,, or to the rare is recorded in many numismatic publications. Samuel W. Brown must have gotten quite a chuckle out of the public masses checking all their change for nickels which only he owned see chapter 7. One method reported was to lift a 3 from an , or and place the 3 on a or coin. Usually there is an indentation around the 3 coupled with a darkness in the metal around the alteration, which is easily assumed to be dirt or normal discoloration on a circulated coin.
The photo below is an altered-date from a issue. We believe it to be a chased- metal alteration and the workmanship is quite good. They were crudely produced and were not made with the intent to defraud. You Wish. Coin courtesy of John McIntosh. The 0 was trimmed in front center and rounded to form open area of 3; the back of the upper part of the 0 was chased inward and shaped to form waist of 3. Coin courtesy of David Snider. The S is a key date in the liberty head series and is subject to a mint mark being added or altered.
The photo below illustrates the blocky form of the genuine S found on a S. Tooling marks may be evident around an altered mint mark as well as discoloration or gunk to hide the alteration. Fraud, or even the taint of fraud, is avoided when the coin is offered with full disclosure, if known or suspected.
New methods of whizzing leave hardly any evidence of pushed up metal. They are being done very delicately compared to harsher old wire wheel method. Many Shield and especially Liberty Head nickels in circulated condition have been cleaned, either lightly or harshly at one time or another. Like cleaning, dipping a nickel is not recommended. The grade and price may be affected but the practice is not considered a condition as serious as our next two examples. Like the Buffalo nickel mentioned above, it is also possible the coins had been laser treated. The coins in question would be considered damaged.
The coin is considered damaged. The coin's metal surfaces are very lightly heated by laser and smoothed. At a recent coin show we viewed a Buffalo nickel suspected of being laser altered. The coin was extremely bright and white, but without original luster. In fact, the Buffalo appeared very similar to a set of Liberty Head nickels we were asked to make an offer on a few months earlier. The nickels in the set were abnormally bright and white in appearance. At a distance, some dates were quite attractive and appeared uncirculated, with almost a silver proof-coin appearance. But upon closer examination we found most of the coins were circulated and the surfaces unnatural without any original luster.
Dipping in an unknown substance was Liberty Head Nickel Stars are enhanced by tooling. Liberty Head dates. Racketeer Nickel Colonel A. Snowden, director of the U. Mint at Philadelphia in , appeared to have made a serious error in judgment when he ordered the new Liberty Head nickel minted without a monetary designation on the coin. The first half-dimes, dimes and quarters issued by the Mint also lacked reference as to face value. The weight of 8. But then again we would be missing our story of numismatic rogue Joshua Tatum.
The tale begins in Boston during the 's.
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It seems that Josh Tatum was always on the lookout for a way to make a fast buck. The U. Tatum and an equally nefarious jeweler friend formed a partnership which secured and plated a thousand nickels. The store clerk took the box out of the glass display case and placed it on the counter. Tatum would place his gilded nickel on the counter and select one of these nickel cigars from the box. He would roll it gently in his fingers and slowly sniff the aroma. This process was repeated in one tobacco shop after another.
In no time, the nickels were gone. By this time Josh had pretty well exhausted the Boston area market so he began to make his way southwest toward New York City. At his trial the government paraded hundreds of angry witnesses before the court and each one told essentially the same story.
The defendant came into the store, looked at the cigars, and selected a nickel cigar while placing what appeared to be a gold coin on the counter. Each witness found that he had been hoodwinked only when Tatum had long since departed. Not guilty — case dismissed! Flash plating was in occasional use as early as but was used mostly on costume jewelry. A guesstimate of 4, is quoted by some sources. However, it is not known if he and the jeweler were the only ones passing the plated nickels, especially when it is generally accepted there were two types made.
Most probably were confiscated by the Treasury. Knurled surfaces normally have diagonal lines with one set running at about a 45 degree angle, and the other set of lines running 90 degrees from the 45 degree lines. The reeding could have been similar to a belt file method used by some private firms.
This method leaves a large burr on the rim of the coin which would then have to be filed down. Two large rollers hold the coin between them forcing the coin downward onto a knurled reeded roller. Another example of reeding not illustrated, is thought to be machined instead of pressed. To satisfy collector demand, most Racketeer Nickels seen today are probably of modern vintage — 10 to 20 years for older examples, and they can be found with and without reeded edges.
Currently produced Racketeer Nickels are usually seen without reeded edges to hold down production costs. Truth in advertising, coupled with a reasonable markup for profit and sales, would still give the collector a replica of a Racketeer Nickel for his or her collection. And it is always possible a few genuine pieces exist. At least the Josh Tatum story is genuine and is a good yarn to spin with friends. The plating on the nickel is thin and should be well worn before very much wear would show on the original nickel. Even though the gilding is worn it doesn't appear worn enough considering the wear on the coin itself.
It way have been manufactured approximately 20 years ago. The gilt is well worn — worn off in some areas — and the original coin's wear would seem to be appropriate. Original Racketeer Nickels may have either the reeded or plain edge. Nickel proofs are a refreshing exception to this monotony, however, the difference is mainly due to the mints, both here and abroad, having difficulty striking nickel coinage.
The quality of nickel planchets and methods of production all led to shield and liberty head nickel proofs exhibiting differences within dates in each of their respective series. A proof coin is not necessarily more valuable than the same date regular issue. In the shield and liberty head series, and in many dates the proof is far more common since many were saved in nice condition by collectors. Proofs do not have the mint frost as seen on business strikes. James P. Additional improvements included equipment which automatically repositioned a coin or medal requiring more than one blow.
Before this date coins and medals requiring multiple blows had to be repositioned by hand each time prior to restriking. Two other important manufacturing advances were made in fiscal year Both involved planchet and die improvement. The answer has to be yes due to the rarity factor. For example, the in proof is fairly common and is priced accordingly.
In a business strike it is No. Whenever there is a large discrepancy in price between proof and mint state ascertaining the difference between the two is very important when purchasing these dates without the benefit of 3rd party professional grading. Even the experts can have trouble deciding the difference — especially if the coin is in circulated condition. Initially when a coin is submitted for grading, the graders look at the coin very carefully for evidence of the proof process — planchet and die preparation.
They look in particular for mirrored fields, an extremely sharp strike, sometimes evidence of having been struck twice is helpful , and broad, sharp edges on the rim. In the Date andMintmark Analysis chapter, for each date, and at the end of this chapter, Proof Diagnostics for both series have been included for reference. The edge will clearly show beveling as in a business strike. However, a proof with a rounded rim will not show appreciable rounding on the edge One basic test to ascertain business strike verses proof is to hold the coin by the edge between the thumb and forefinger and check the edge area.
The business strike will also give the appearance of a narrowed edge flat area because of the beveling. The proof, even with somewhat rounded rims, will have a flat broad edge without beveling — and sometimes even a wire rim due to the striking pressure applied. Surfaces appear reflective but usually fuzzy. Alan Herbert Mirrored Surfaces: Proofs do have mirrored surfaces even if moderately dulled or toned. Coins with granular surfaces such as the proof will still be reflective — only just not as sharp as a coin with mirrored surfaces. Lacking records, it is possible other proofs within a given date, also received only one blow in the striking process.
Proofs dated and are noted for dull surfaces, etc. Rounded rims left are found on business strikes while beveled rims right are usually seen on proof coinage. One variety. Center dot both obv. Borders are wider at left side. II: Same dies repolished; leaf below RU is hollow. Some have wire rims. I: Normal date and the scarcer of the two. Date away from ball. One reported with most of date doubled. I: Wide numerals fat date ; date away from ball. II: Wide numerals fat date ; date close to ball. Breen reported some '69 proofs are paired with Type D Rev.
I: Die file marks slant down to right near the cross; curved lines in lower horizontal white stripes. II: Left arrow base thinned out towards shield; right side of first two vertical red lines incomplete at top. Some of shield and curlarms incomplete. I: The 7 and 1 nearly touch; ball is over 8 to over right part of 7; the left base of first 1 is just right of left edge; right base of last 1 is slightly right of center. There are unpolished areas at the bases of the horizontal white stripes and the tops of the vertical red stripes first two are incomplete at right.
II: The 7 and 1 in date touch. The left base of first 1 and right base of last 1 are just left of right edges. Tops of vertical stripes two to the right are incomplete. Ill: 7 and 1 almost touch. Repunched date to right; first punch So. I: Thick date with a partly filled 2.
II: Thin numerals, clear 2. Motto and arrows are normal and do not show doubling. Typically show arrowhead, feather and leaves at left side partly thinned and stretched due to lapped die. I: Strong date, typically with recutting at top of 4.
II: Weakly punched date. Planchets were narrower than usual with denticles either weak or missing in areas. I: Normal date with left arrow base slightly thinned and extended towards shield. II: Repunched date, first to right; die crack at the left base of 1 extending left towards border. Die crack not required. I: The shaft of the 7 shows in the lower loop of the last 8. Borders are often narrow, same as The 9 is narrower than the 8. Breen reported sometimes the trace of the 8 can be seen on either side of the 9.
II: Light recutting on the 9; 7 almost touches the ball. Ill: All four digits in date are repunched. Outermost 1 is broken at the base. V: Normal date. Breen lists two obv. I: Normal date, first 8 touches ball. Breen Obv. II: Second 8 punched So. First 8 touches ball. Logotype variety. I: The outline of the ball is broken near the first 8; outline in upper loop of second 8 fades.
II: Later die state. Top inner right berry is detached at Breen Rev. Some have a tiny rust pit on thick part of 5 at right. Breen Julian's archival research shows two dies were used for this date. Breen reported three die varieties. I: Clear 2. II; Filled 2. The date is low and to the right of the ball. Ill or Die State? Filled 2 and lower half of second 8. II: Doubled date. Punched to right, corrected left. III: Doubled date, 4 digits. Punched low; corrected. IV: Date partly recut; base of second 8 and top of 3. I: Some die crumbling within top of 3. II: Spike to left from middle of left upright of 1.
Possible RPD 1. Ill: Doubling on 1 and first 8. IV: Normal date with several positional varieties. I: Normal date. Positional varieties Obv. I: Normal date Rev. I: Normal date Obv. II: Second 8 partly recut. Ill: Repunched date. II: Second 8 recut Obv. II: Repunched dates; 1 or four digits Rev. I: Recut 1 Obv. II: Normal date set high with 1 close to bust Obv. Ill: Normal date set lower with 1 nearer the rim Rev. II: Recut 4 Rev. Ill: Repunched date Rev. After the Civil War ended the U.
The average worker worked long hours for his money and a nickel was a valuable coin in exchange for goods. The date and mintmark section seemed incomplete without including a smattering of historical data from the mint and happenings in society at the time. At the mint, dates were still being struck into the dies by hand. Mintage figures through are based on the full silver sets sold and do not include the unknown number of minor proof sets sold, if any, or over-the- counter sales. Director Snowden received special permission to continue mintage of all types during the year.
Snowden feared speculation and hoarding of the shield nickel last date in series and the newly designed liberty head nickel first date in series would interfere with the circulation of business strikes. The 33rd states this date in this grade was the most common in the series. R-l being the most common out of a total of 33 coins evaluated in Mint State in the grade range stated.
Value charts were needed from several published sources to: 1 Arrive at a price estimate in all the grades and 2 State in one column what the coin actually sold for in a given year — not an estimate or guideline. Values for the year are from Bebee's Bargain Price List. They represent the prices actually charged by a large mail order business, and prices are given for two important grades VF and AU.
Coins, was chosen for the price range as it also gives the values for the VF and AU ranges not offered in the Red Book. All grades are covered in this newsletter, but unfortunately individual date prices for proof coins were not included in earlier issues. Readers are reminded that rarity is relative in both the Shield and Liberty Head series. They are only ranked against one another in their specific grouping within their respective series. In reality, most dates could be considered scarce to rare compared to several other series.
Referral is made to the Proof Coinage section to aid in diagnostic points in distinguishing a proof from a business strike. It also includes some social, financial and business significant happenings during the year. Some are quite spectacular. Scarcity Business strikes — Ranks 15th of 17 in the Shield nickel series in mint state. If only MS grades were considered it would rank much higher.
Twenty-two made auction appearances in and 26 in In Mint State the is available to collectors in all grades especially in the MS range. Circulated grades range from semi-common in the lower grades to scarce in AU. Proofs — The estimated mintage of Proofs probably needs some realistic adjustment.
The exact figure will always be open to debate because mint records were destroyed in The date is still quite scarce and ranks 8th overall in the series. This popular Proof showed a drop in auction appearances since , but in it appeared at auction 9 times. The date is toughest to find in certified PF63 and PF Mushy, poor strikes are typical for this date.
A fully struck Gem is worth much more than the price guides estimate Luster is typically satiny and nickel greyish-silver or golden toning are the most predominant colorations. Check the veins in the leaves on the right side, the horizontal lines at the top and left side of the shield.
On the reverse, the stars, rays and the 5 should be well defined for a top grade. Harshly cleaned pieces are not uncommon. Die life is estimated to have been only 15, coins. Die cracks are very common for this date as is carbon spotting. Pictured above is the business strike Die polishing is evident by the rough metal at the bottom of the white stripes; strike is good for the date and die cracks are minimal. Proofs — Proofs in this date are difficult to find with smooth surfaces as many are plagued by granular, uneven planchets in addition to laminations and spotting. Severe cleaning may result in dull, rough surfaces.
All proofs are reported to be from a single die. Proof Diagnostics: Center dot both obv. Nebraska was admitted to the Union. In July the steamship Great Eastern reached the U. Scarcity Business strikes — Ranks 12th in the series in mint state. Date appeared times at auction between and Offerings dropped to 10 and 9 times per year in and , respectively. Proofs — Ranks 1st in the series in proof. Chief Coiner Snowden refused to coin proofs for sets in Jan. Treasury Sec. McCulloch ordered nickels coined without rays on Jan.
The changeover occurred on February 1, Julian The Certified Population was 30 as of July, The exact mintage is unknown. Die cracks, laminations, strike throughs, spotting, dulled luster and uneven planchets continued to be a problem. Can come prooflike from early strikes Luster ranges from brilliant to satiny. Silver grey and golden toning are the most predominant colorations. Check the veins in the leaves on the right side facing , the horizontal lines at the top and left side of the shield.
An extremely poor strike will affect the grade as will altered surfaces. Minimal die cracks and a few small carbon spots will generally not affect the grade, unless they are detracting. Scarce and unusual varieties can be found. Pictured above is the business strike. The result was extended die use and excessive die cracks during these years. Walter Breen was able to trace only pieces Proof Diagnostics: One set of dies.
Historical Note The year produced several interesting Patterns in a variety of metals. On March 30 the U. The purchase was ridiculed. Scarcity Business strikes — Ranks 13th in the series in overall mint state. Reasonably available.
Proofs — Ranks 3rd in proof. In a 6 year period, , this proof appeared times all grades per year. Since its appearance has dropped to times per year. Prevalent in PR but gets scarce after that. Reasonable die cracks and a few small carbon spots should not affect the grade, unless they are detracting.
Pictured above is an business strike probable. Has reverse 1 Type B. Several dies were used. Wire rims are noted for a percentage of proofs and the reverse Type B seems to have been used for this issue. Proofs should have good denticles, a sharp strike, and reflective fields. Change over to the No Ray variety was on February 1, See Proof Coinage Section to check proof characteristics. Proof Diagnostics: Several obv. I: Normal date and one with faint recut date.
Historical Note This year produced interesting Pattern coinage pieces in a variety of metals. Aluminum was worth the same, by weight, as silver in Charles Dickens gave his 1st reading in New York city.
People stood in line almost a mile long waiting for tickets. More than one half of all U. Scarcity Business strikes — Ranks 14th in scarcity all grades mint state. The has made auction appearances in 20 years. There was a slight drop in to 10 offerings and 9 in Its high mintage makes it available in all grades. Proofs — Ranks 2nd in overall proof.
The last big surge of this date at auction was in with 22 offered. Since then it has appeared 4 to 8 times per year in various grades. We chose to rate all shield nickels on the same rarity scale, so it is the 3rd most common issue Die cracks are common but the planchets are much improved over previous dates. An with a Type D reverse is rumored but we have never seen one. Interesting varieties are available. Proofs — Proofs seem to be improved over early issues in planchet quality and strike. Good choice for an early type coin in Proof Diagnostics: Minimum of two obverse dies.
II: Base of 1 recut, lower circle of a repunched 8 overlaps middle area of second 8. Historical Note The Head of Liberty design wearing a coronet dominates the pattern obverses in the nickel series of this date, but there are interesting reverses on several pieces. French engineer George Leclanche invented the first practical dry-cell battery. Susan B. Scarcity Business strikes — Ranks 11th in overall uncirculated condition. Twenty year auction records show this date has appeared 9 to 14 times per year, however in the numbers have dropped. Only 3 were offered in Proofs — Ranks 5th in overall scarcity.
Another date that has dropped in auction appearances since This date suffers from the normal problems of shield nickels — die cracks, spotting, strike deficiencies on stars and sometimes date, plus inferior planchets. In circulated condition it is a common coin in every grade. Can come with brilliant to satiny surfaces. Narrow numerals are noted on business strikes only. Proofs — Planchets for the proofs seem to be similar in quality to the This date will be easiest to find in 63 and Both narrow and wide numerals were used for the proof issue using the reverse of Reflective surfaces, sharp strike and square edge characterize the proof.
Proof Diagnostics: Two obv. Historical Note Patterns for this year are very similar to the ones minted in , except one — the unique mule J The obv. The Hill engraving machine purchased by the mint in was first used in Although the Hill machine showed no deficiencies, lettering was still being punched by hand into the master die as late as , rather than sculptured in the original model.
Choice of hand punching may have seemed more convenient. James B. Longacre, designer of the Shield nickel, died January 1, He was replaced as Chief Engraver by William T. Scarcity Business strikes — Ranks 9th in overall rarity for Uncirculated grades. Offered at auction times in 20 years. Since two to eight have made auction appearances per year in various Unc. Average to above availability in all grades except MS Proofs — Ranks 6th in rarity for the series.
Reasonable auction appearances in various grades since Tough date in PR65 and up. The counterfeits are not as prevalent as the years 71, 74, and The major distribution points seemed to be New York and New Jersey. There may likely be counterfeits of this generation in older collections even today. The pictured above is a business strike with a new reverse hub Type D. Historical Note Only one pattern trial die was minted.
Baking Powder sold for 4 nickels a can. Population of the U. The center of U. Scarcity Business strikes — Ranks 4th in the series in overall mint state. Offered at auction 69 times in 20 years. Number of offerings has diminished in auction since About 3 per year can be expected at this time.
Middle grades will be easier to find than either end of the grading scale. Proofs — Ranks 7th in rarity in all proof grades. The has been erratic in auction appearances — all grades. Tougher to find in PR and again in PR It is also one of the more plentiful counterfeited dates. Knowing genuine diagnostics is important if buying uncertified coins. The presents a scarce date that is still in the price range of the collector in average unc.
The business strike pictured above shows the reverse of used for this date. Roughness at the bottom of white stripes may be seen. The 8 in date almost touches the ball. The last 1 leans left and touches the 7. Appears to begin either wider design on obv. Reverse has very little rim. This is not reflected in the pricing guides at this time.
Generally well struck on above average planchets. Proof Diagnostics: At least three die pairs used. Date is high and to the left of center; ball extends from above center of top of 8 to over right corner of the 7. Historical Note Between and mint records show large amounts of minor coins were redeemed by the Mint. Uncurrent coins were melted and used in recoinage and current issues fit for circulation were washed cleaned in a diluted acid solution by means similar to methods used in planchet washing and reissued.
Three Pattern coins were struck in — two with Liberty wearing a coronet and 1 a regular trial die struck in Copper. Aluminum and Steel. The Steel piece is said to be unique. On May 1st the Supreme Court declared constitutional the Legal Tender Act after it had been declared unconstitutional in It is said President Grant "packed" the court with appointees to win the reversal. Scarcity Business strikes — Ranks 10th in the series due to larger number certified MS 9.
Proofs — Ranks 9th in the proofs. Might be difficult to find in but it rides about the middle of the pack in 63 and up. This date has had a fairly steady appearance at auction in the last 20 years. Seventeen appearances in ; 8 times in Rough planchets are typical for this date as are weak strikes. Nine coins certified as MS knocked this date down a bit in its overall ranking. Proofs — Even though this date in proof is ranked 9th in grades it is still difficult to locate. A Proof 64 should be a little easier to find in certified with graded. Eye appeal as well as technical aspects are important in selection.
The nickel alloy presented problems for the series, especially the early dates. Proof Diagnostics: Several die varieties. Doubling on the shield with many red stripes overlapping lower vertical lines. Historical Note U. Grant was reelected despite charges of corruption.
Anthony was arrested as she led a group of women to cast ballots in the presidential election. She refused to the pay the fine- -and never did. Fourteen years after her death in the 20th Amendment was finally adopted. The word "mugwump" in its earliest recording was used to describe Republicans who were against James G. Open 3 , Est. Closed 3 Proof Strikes: 1,, Closed 3 Varieties There are 14 open 3 and 12 closed 3 varieties described in the Appendix.
Scarcity Business strikes — Ranks 6th in overall mint state. Offered from 0 to 10 times per year since Two found their way to auction in The range and the 66 grade will be the most difficult to locate. The Closed 3 is the rarer of the two varieties. Proofs — Ranks 13th in overall rarity, however, since it is mostly available in the range a case could be made to move it up to 12th with the Proof-only date. All known proofs of are of the closed 3 variety. Fairly steady appearance at auction in 20 year period.
Production of the closed 3 ceased when the Chief Coiner stated the 3 resembled an 8. The strike for this date is renowned for being extremely weak, particularly the Open 3 variety. The planchets tend to be granular. Pictured above is a business strike, open 3 variety, struck slightly off center of the planchet to left—denticles only on left side.
This is another known counterfeit date. Learn how your comment data is processed. The Royal Canadian Mint has released new gold coins which are dedicated to the 20th anniversary of the creation of the Canadian territory of Nunavut — and with this addition — the map of Canada changed.
The appearance of one in the marketplace is always a cause for excitement. Now comes another — a coin […]. In mid-June, the U. Mint added the Pride of Two Nations Set to its product schedule, including details about the two-coin set to be released on July 3. Designed to celebrate U. When I look to buy […]. The National Bank of Ukraine has announced 25th June the planned issue of a new banknote with the denomination of 1,hryvnia U.
To facilitate cash payments in Ukraine, the National Bank has announced the new denomination. Even […]. Temecula, California June 26, — With the recent, rapid jump in the price of gold, investors should beware of scam artists trying to lure them with urgent claims of too-good-to-be-true low prices and quick, guaranteed bullion market profits, cautions leaders of the Accredited Precious Metals Dealer program, a division of the nonprofit Professional Numismatists […].
She was the goddess of agriculture, vegetation, and fertility. Everyone familiar with the entertaining tales of […]. This beautifully rendered set is the first ever joint coin set between the United States Mint and the […]. One of my greatest numismatic regrets is that I lived in the city of Rochester, New York, for nearly twelve years, and in all that time I never joined the venerable and storied Rochester Numismatic Association. The coin bug bit me hard, and […]. On Tuesday, June 18, at a. Below are the various […].