1924-S 5C MS (PCGS# 3953)

2010 June Long Beach, CA Signature US Coin Auction #1140

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    Heritage Auctions
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Lot Description
1924-S 5C MS66 S NGC. Ranking among the lowest mintage issues with a production of less than 1.5 million coins, the 1924-S is an important rarity in the Buffalo nickel series, in demand regardless of its grade. Coins that grade VF or finer are especially desirable. This issue was minted a decade before the advent of coin boards and albums heightened the popularity of date and mintmark collecting. Because of that, Mint State coins have only survived as a matter of chance, and the low mintage guaranteed their condition rarity. Most Mint State coins are in the lower grade range from MS60 to MS63, and Choice, Gem, or finer examples are highly elusive. Glorious eye appeal with hazel centers on both sides ceding to delightful orange-gold rim toning. Well but not fully struck, with trivial weakness at the braid and the bottom of the lowest feather on the obverse. Fully struck coins remain unknown. The bison's tail is split on the reverse, but minor softness shows on the shoulder and hair on the head. Remarkable quality, justly recognized with the NGC Star designation. The NGC Census Report shows five examples of the 1924-S Buffalo certified as MS66, including two without the star designation and three with that designation (4/10). Those three MS66 S nickels are the finest that NGC has certified, and may represent some duplication through resubmissions. The opportunity to acquire an example of the finest available 1924-S Buffalo nickel is rarely encountered, and the wise bidder will take full advantage of the present offering. From The Brenda John Collection.
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