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1866 Shield Nickel - Unusual Die variety

Has anyone ever seen this particular 1866 Shield Nickel Die Variety before?
There is an odd-looking circular ring going through the reverse stars.
The closest description I could find is possible lathe line markings - The number 5 also shows some interesting looking recutting.
Thank you!





Comments

  • CaptHenwayCaptHenway Posts: 32,113 ✭✭✭✭✭

    I have seen that die before. I have no idea what caused those lines.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • yosclimberyosclimber Posts: 4,784 ✭✭✭✭✭
    edited December 10, 2023 10:46PM

    On NGC Variety Plus, there are a couple of varieties they call "lathe lines":

    1. 1866 RAYS LATHE LINES VP-011 5C MS
      NGC Attribution: LATHE LINES VP-011
      Diagnostics
      Concentric circles of raised lines are visible on the reverse from the lathe turning process.

    Comments
    Such lines typically are polished off of the die before coining begins, but this die appears to have been rushed to the press.

    1. 1866 RAYS LATHE LINES VP-014 5C MS
      NGC Attribution: LATHE LINES VP-014
      Diagnostics
      Unlike the VP-008 and VP-011, which show lathe lines on the obverse or reverse respectively, this shows the lines from the lathe turning process on both the obverse and the reverse. On the obverse, semi-circular lines are visible within the shield as a remnant of the lathe turning process. Meanwhile on the reverse, concentric circles of raised lines are visible from the lathe turning process.

    Comments
    These lines are typically polished off before coining. While occasionally an obverse or a reverse die would not be polished before coining, resulting in something similar to both VP-008 and VP-011, it seems that in this die marriage neither the obverse nor reverse die were polished resulting in both sides showing lines from the lathe turning process.

    https://www.ngccoin.com/variety-plus/united-states/nickels/shield-five-cents-1866-1883/

    I'm not sure about the explanation.
    It seems like lathe lines could be on the hub,
    or on the die prior to hubbing.
    For a die, any polishing to remove lathe lines should happen prior to hubbing.

  • sellitstoresellitstore Posts: 2,866 ✭✭✭✭✭

    Interesting variety and visible enough that I'm surprised that it hasn't received wider attention earlier.

    Repunched stars and numerals can be seen as well, which is quite typical of this particular new design and hard metal. Die breaks and clashed dies are common, too, among well used dies on early 3 and 5 cent nickel coins.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
  • USA240USA240 Posts: 52 ✭✭✭

    @yosclimber said:
    On NGC Variety Plus, there are a couple of varieties they call "lathe lines":

    1. 1866 RAYS LATHE LINES VP-011 5C MS
      NGC Attribution: LATHE LINES VP-011
      Diagnostics
      Concentric circles of raised lines are visible on the reverse from the lathe turning process.

    Comments
    Such lines typically are polished off of the die before coining begins, but this die appears to have been rushed to the press.

    1. 1866 RAYS LATHE LINES VP-014 5C MS
      NGC Attribution: LATHE LINES VP-014
      Diagnostics
      Unlike the VP-008 and VP-011, which show lathe lines on the obverse or reverse respectively, this shows the lines from the lathe turning process on both the obverse and the reverse. On the obverse, semi-circular lines are visible within the shield as a remnant of the lathe turning process. Meanwhile on the reverse, concentric circles of raised lines are visible from the lathe turning process.

    Comments
    These lines are typically polished off before coining. While occasionally an obverse or a reverse die would not be polished before coining, resulting in something similar to both VP-008 and VP-011, it seems that in this die marriage neither the obverse nor reverse die were polished resulting in both sides showing lines from the lathe turning process.

    https://www.ngccoin.com/variety-plus/united-states/nickels/shield-five-cents-1866-1883/

    I'm not sure about the explanation.
    It seems like lathe lines could be on the hub,
    or on the die prior to hubbing.
    For a die, any polishing to remove lathe lines should happen prior to hubbing.

    Those images do look similar - Thank you for the information!

  • USA240USA240 Posts: 52 ✭✭✭

    @sellitstore said:
    Interesting variety and visible enough that I'm surprised that it hasn't received wider attention earlier.

    Repunched stars and numerals can be seen as well, which is quite typical of this particular new design and hard metal. Die breaks and clashed dies are common, too, among well used dies on early 3 and 5 cent nickel coins.

    I agree - Maybe the die was removed or reworked soon after use?

  • USA240USA240 Posts: 52 ✭✭✭

    @CaptHenway said:
    I have seen that die before. I have no idea what caused those lines.

    Seems pretty noticeable - Surprised that more have not been reported.

  • OAKSTAROAKSTAR Posts: 7,114 ✭✭✭✭✭
    edited December 17, 2023 1:37PM

    I just check my 7070. I have it also but not as dramatic as yours.

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • CaptHenwayCaptHenway Posts: 32,113 ✭✭✭✭✭

    @USA240 said:

    @CaptHenway said:
    I have seen that die before. I have no idea what caused those lines.

    Seems pretty noticeable - Surprised that more have not been reported.

    Yes, but there are so many amazing die varieties on Shield Nickels, many of them highly popular doubled dies and/or blundered dates, that a die processing anomaly like this could easily get less attention than you might think.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.

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