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1937-D 5C Three-Legged MS65 PCGS....
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Sold for: Sign-in or Join (free & quick) (includes BP) Bid Source: Live: Phone
Ended: Sep 16, 2008
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Auction Name: 2008 September Long Beach, CA US Coin Signature Auction #1116
Description: Heritage Numismatic Auctions offers U.S. and World coins, medals, and tokens in our Signature Auctions & Final Session Sales, held in conjunction with some of the largest numismatic conventions. These sales feature award-winning cataloging and photography. Call or e-mail one of our Consignment Directors to learn about selling through Heritage.
Auction Type: Signature: !! Heritage Live: After Internet bidding closes, live bidding will take place through www.HA.com/Live. Your secret maximum bid placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243. (Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)

This lot is in:  Signature Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live) (lots 1-4546)
Internet bidding ends at 10:00PM CT the night before the floor session for this lot. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.

Item Activity: 6 Internet/mail bidders, 643 page views

Description
1937-D 5C Three-Legged MS65 PCGS. The 1937-D Three-Legged nickel is one of the more significant varieties in American numismatics. It is especially noteworthy when a Gem-quality piece appears for sale; most offerings are in the Very Fine to lower-level Mint State grade range. The present MS65 example should therefore elicit considerable bidder interest.
The Three-Legged variety was caused by excessive die polishing to remove clash marks and/or die erosion furrows. David Lange, in his Complete Guide to Buffalo Nickels reference, writes that these disfigurements, when discovered, usually result in die replacement. In the case of the '37-D, however, the urgency of completing a coinage run precluded this customary practice. Lange cites Breen, who recounts that a mint employee, in the course of grinding off evidence of clashing, also removed the element of lowest relief in the die, the bison's right foreleg between hoof and thigh. This went unnoticed until the coins had already been distributed to banks.
Iridescent multicolored toning bathes the radiantly lustrous surfaces of this magnificent Gem, and an attentive strike leaves strong definition on the design elements, including the braid, horn, and tail. Both sides are nicely preserved, with no mentionable abrasions or spots. Population: 45 in 65, 4 finer (8/08).(Registry values: N4719) (#3982)



Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 1114, Lot 1582 Sunday, August 3, 2008 65 PCGS $37,375.00
Auction 454, Lot 2736 Saturday, January 12, 2008 65 PCGS $32,200.00
Auction 1114, Lot 1583 Sunday, August 3, 2008 65 NGC $19,550.00
Auction 438, Lot 591 Saturday, June 2, 2007 65 PCGS $31,050.00
Auction 432, Lot 343 Saturday, March 17, 2007 65 PCGS $25,300.00
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