1935 5C MS (PCGS# 3974)

2009 CSNS PN

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    2158
  • Grade:
    MS68
  • Price:
    $34,500.00
Lot Description
1935 5C MS68 PCGS. From an original mintage of more than 58 million pieces, the 1935 Buffalo nickel is a more challenging coin than its huge production figure would suggest in the highest Mint State grades. Examples are readily available in grades up to the Premium Gem level, but finding a coin with a good strike is more difficult. In A Guide Book of Buffalo and Jefferson Nickels, Q. David Bowers observes, "The 1935 Buffalo nickel is another unheralded rarity as far as finding one that is a needle-sharp strike. Inspection of about 2,000 examples of this date, from various sources, yielded only 10 with Full Details!" At the MS67 level the date becomes rare, and in MS68 only two coins have been certified, one at NGC and the present coin at PCGS. No coins have been graded finer at either service (3/09). A diligent search of auction records reveals only one appearance of this date in MS68 grade over the last 15 years. Clearly, this offering represents an important opportunity for the collector who wants only the best. The coin offered here is a visual treat. The pristine surfaces are highlighted with beautiful iridescent toning. Rings of golden patina alternate with silver-blue at the peripheries, and traces of lavender and ice-blue are noted in the centers. The luster is vibrant, and the strike is sharp, as befits an MS68 coin. The combination is rare for this issue as David Lange notes "the most lustrous coins seem to be a bit softly struck, while the really sharp examples have more muted luster." Distinctly finer than a Superb Gem (of which NGC has graded 34 specimens) and the ultimate coin for a Registry or type collector. From The Joseph C. Thomas Collection.
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