1926-D 5C MS (PCGS# 3958)

FUN09 PN

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    3652
  • Grade:
    MS67
  • Price:
    $24,450.00
Lot Description
1926-D 5C MS67 NGC. According to Lange's The Complete Guide to Buffalo Nickels, the 1926-D is an elusive issue in Mint State grades, though not so rare as its background as a mintmarked 1920s issue might suggest, since a degree of hoarding took place in the years immediately following its release. Much of this hoarding took place after a delay in distribution for the pieces; while the earlier years of the Great Depression created a backup of coinage, including minor coinage, in bank vaults, increased prosperity in the later 1930s meant that roll quantities suddenly surfaced. Lange also speculates that the population of " ... certified coins would likely be higher if not for the fact that the poor quality of most uncirculated 1926-D nickels discourages submissions." Indicators of this poor quality that he notes include a weak strike (evident on the bison's horn, often either flat or missing) and poor luster, which he terms "average or below average" in most cases, or with "subdued brilliance." As one of just three MS67 examples in this issue's combined certified population (two graded by NGC and one by PCGS) with none finer, this Superb Gem ranks among the most important representatives known (9/08). Even at a glance, the innate quality of this coin is readily apparent. Luster that is strong for the issue shines through nickel-blue patina with crescents of mustard-gold at the left obverse and reverse. The strike is pleasing, and only a trace of softness is visible on the always-weak shoulder of the bison. Marvelous all-around eye appeal. From The Scott Rudolph Collection. See: Video Lot Description
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