1943 1C MS (PCGS# 2711)

2010 January Orlando, FL FUN US Coin Auction #1136

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    2443
  • Grade:
    XF40
  • Price:
    $14,950.00
Lot Description
1943 1C Cent--Struck on Curacao 25 Cent Planchet--XF40 NGC. 3.5 grams. This is the third example we have handled of this World War Two-created rarity. The other two were in our 2001 Central States Sale, lot 5942; 2001 ANA Sale, lot 5466; 2005 Central States Sale, lot 8214 (which was a reappearance of the 2001 Central States coin). Similar to the famous copper cents of 1943, these two coins have a different origin but were produced in the same manner as the copper cents by "old" planchets remaining in the hopper and then struck with the next year's cent production. Rather than recreate the wheel, here is the background to how this coin was struck in 1943, taken from our 2001 catalog: {blockquote}"This coin was born out of the turmoil of the Second World War. In the spring of 1940, Nazi Germany overran the Netherlands in a campaign that also saw the conquest of France and Belgium. The Dutch colonies of Surinam (in northern South America), Curacao (an island in the Caribbean Sea north of Surinam, and part of the Netherlands Antilles), and the Netherlands West Indies came under the protection of the Allied powers. Curacao was particularly important to the war effort, as its refineries delivered more than 60% of the oil used by the Allies. In addition to providing troops to protect Curacao's shores, the United States also produced coinage for the Dutch colony. In 1943, the Philadelphia Mint delivered 2.5 million 25 cent coins (KM-38) for shipment to Curacao."{/blockquote} Apparently after the production run of Curacao 25 cent pieces, the Mint resumed striking U.S. cents, and this piece was mistakenly struck on one of the few (perhaps as few as two?) remaining Curacao planchets. The surfaces are bright and silvery in appearance on each side. Numerous tiny abrasions are peppered over each side, but the only marks we see that could be used for pedigree purposes are located on the reverse between the N and E of ONE. An exceptionally rare opportunity for the error specialist.
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