Lot 1658
1925 Buffalo Nickel. ANACS graded MS-66. Mostly untoned. An more than moderately bright and lively gem with strong luster and a confident, no-compromises strike typical of the Philadelphia Mint. Everything you would want from the grade, and probably then some.
During 1925, a real estate investing boom occurred in the state of Florida that rivaled, and in many ways surpassed, the California real estate boom of 1887 and the current real estate activity in the East and West Coasts today. At its height, prices for some of the tonier lots in Miami eclipsed the figure of a similar plot in New York: for instance, the sale of a Miami property for more than $300 a front foot eclipsed the $212 figure for a plot at the northwest corner of Forty-fourth Street and Fifty Avenue in New York City! But, as they do, things cooled off in late 1925, with an onrush of bankruptcies and deflating of the high prices. A damaging hurricane that hit Florida in late 1925 didn't improve the situation any! (PCGS # 3954) .
Estimated Value $1,000 - 1,100.
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