Lot 694
1913. Type 1. NGC graded Proof 66. Lovely delicate toning on both sides. Only 1520 Proofs struck. A high degree of luster graces the satiny silver surfaces of this illustrious Type One specimen, the only year of its Type, hence the only Proof available for those assembling a United States Proof Type Set. Pop 97; 42 finer.
Proof coins of the Indian head/buffalo nickel type were struck for sale to collectors from 1913 through 1916 and again in 1936 and 1937 The Proof five-cent pieces of 1913-16 are normally referred to as "matte" Proofs, but this term is misleading. True matte Proofs have a dullish finish completely dissimilar to the surfaces of normal circulation strikes, and this technique of Proofing was used by the Mint exclusively for its gold coinage of 1908 and 1911-15, as well as for isolated issues of later years that were not sold publicly such as commemorative half dollars.
The Proof nickels of 1913-16, like the cents of those years, more properly possess a satin finish. This varies in texture slightly from one date to the next and even within a single year's coinage. When found pristine, these coins are extremely beautiful and visibly distinctive from currency strikes.
Estimated Value $2,500 - 2,700.
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