1919-S 5C MS (PCGS# 3943)

2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166

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    Heritage Auctions
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Lot Description
1919-S 5C MS66 NGC. The 1919-S nickel is well-known as a strike rarity, consider it a precursor to the numerous S-mint strike rarities from the 1920s. Lange also points out that this issue also is known for "disappointing luster." He goes on to say, "The typically seen mushy example may have smooth, mercury-like luster so common to weakly struck nickels, but it is seldom accompanied by the brilliance often associated with such coins. Toned examples are common, but this toning is usually not attractive." As often seen on high-grade coins of any date or denomination, what oftentimes sets them apart from lower-grade examples is that they go against the grain of what is expected for the issue. That is certainly the case with this piece. If this were the only 1919-S nickel a collector ever examined, it would be very difficult to believe the generalizations quote above. The strike is especially strong for an S-mint nickel, with only the slightest high-point softness evident. The mint luster is bright and frosted, quite unlike the "mercury-like luster" he refers to. Likewise the toning is unusual and attractive on this piece. A pale overlay of rose patina is seen on each side with a crescent of iridescence located on the right obverse margin. This piece is tied for finest known with a possible nine other coins certified at both major services. We say "possible" because it is likely that two or three resubmissions are included in that total. This is a rare opportunity to acquire this semikey issue and well-known strike rarity in the finest grade possible. Ex: Chicago Rarities Sale (Bowers and Merena, 4/2008), lot 207, where it realized $92,000. From The Teton Ranch Collection.
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