Lot 1481
1875 Nickel Three Cents. NGC graded Proof 65. Rose to gold toning on both sides. Struck from rusted and lapped dies, with the left ribbon end showing an area of rust nearby as seen on the other specimen offered in this sale.
Two were struck in pure nickel as an experiment for Joseph Wharton, the nickel mine owner who supplied the Philadelphia Mint, and these remain unlocated. However, they are awaiting discovery, the best test is to check all 1875 three cent nickels, if the coin is magnetic, its one of the two struck in pure nickel, otherwise, its just a regular copper-nickel alloy, as usually seen (Breen).
Estimated Value $1,200 - 1,300.
|
| |
| Realized $1,150 |
