5C BUFFALO NICKEL 1914/3 NGC FS-014.87 AU55.
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Winning Bid:
$917.12 (Includes 15% Buyer's Premium)
Bids:
3
Bidding Ended:
Wednesday, July 24, 2013 2:00:00 AM (20 Minute Clock Begins At Wednesday, July 24, 2013 2:00:00 AM)
Time Left:
Ended
Auction:
Auction #209 - Part I
Item numbers 1 through 1144 in auction 209
Value Code:
K - $1,000 to $2,000 Help Icon
Item Description
The Buffalo nickel or Indian Head nickel was a copper-nickel five-cent piece struck by the US Mint from 1913 to 1938. Designed by sculptor James Earle Fraser, it featured a composite of several Native Americans on the obverse and an American Bison on the reverse. Beginning in Oct., 1913, all US Mints began ramping up production of US coinage. This meant the coins for 1914 were being minted at the same time as the coins for 1913 were ceasing production. An unintended consequence of this extra Mint activity was the production of several important overdates in the coinage of 1914. The overdate dies were created by a hubbing error. The overdated working dies used to mint the coins were re-processed by grinding down and polishing away as much of the overdate as was possible. Each error die was identified, and re-worked to remove traces of the underlying "3" in the date. The abraded and re-polished dies were then sent onward to the production stage. The Mint's efforts met varying success. The mistake wasn't re-discovered until 1996. From the Robert M. Overstreet Collection and comes with COA.
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