1930-S 5C MS (PCGS# 3970)

2009 CSNS PN

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    Heritage Auctions
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Lot Description
1930-S 5C MS67 PCGS. The 1930-S nickel was largely withheld from release at the time of its manufacture, as little demand existed for new coinage during the Depression. Placed into storage, these were still on hand in 1934 when the economy first began to recover. Upon their release, these low mintage coins (5.435 million pieces) were quickly hoarded by speculators and dealers (David Lange, 2006). Consequently, this is a rather common issue today, with even full Gems readily available. Higher grade coins are scarce to rare, however. This marvelous Superb Gem displays whispers of light violet and nickel-gold, slightly deeper on the reverse, and an exacting strike delivers sharp definition to the design elements. Both sides yield choice luster and are impeccably preserved. This eye appealing specimen is a wonderful fit for a high-grade Buffalo nickel or type collection. Population: 4 in 67, 0 finer (3/09). From The Joseph C. Thomas Collection.
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