Lot 1150
1913-D. Type 1. PCGS graded MS-65. CAC Approved PQ. Housed in an Old Green Holder. Lovely rich even gold toning on both sides. Boldly struck and choice with luster a-plenty (PCGS # 3916) .
At the time these were first issued in early 1913 it was too early yet to judge the full effects of this coin’s main defect, but there is no doubt that the Mint had made every effort to produce a magisterial design. The lid came off when these reached circulation and people began to notice that the denomination FIVE CENTS wore away quickly. All the talented minds at the mint soon devised an effective solution. This was to sink the words deeper into the body of the design. It enabled the nearby rim of the coin to provide the denomination better protection against abrasion in circulation and solved the problem. The first years mintage consists of six separate issues: Type 1 1913-P,D,S and Type 2 (with sunken denomination) 1913-P,D,S.
Estimated Value $400 - 450.
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| Realized $719 |
