NEWP: 1944 Henning Nickel - GTG ICG Submission Results Received & Revealed
oih82w8
Posts: 12,962 ✭✭✭✭✭
I finally pulled the trigger on a Henning Nickel. This one is a little better condition/grade than I have seen. I will send it to ICG for encapsulation, so I don't get it mixed up with others.



With the hole in the R and die crack.
Edit: I just received notice of the grade from ICG.
oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's
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Comments
Nice one. ICG actually puts a grade on these.
Nice. XF45
Nice
Considering they came off the dies with around VF detail, your grade is probably technically correct, but I have never seen an IGC graded example higher than Fine.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
This is a true mint-state Henning (pictured below). It has full undisturbed mint luster over the entire surfaces. The edge slide marks (from punching the blanks) are totally undisturbed. As struck, they are quite mushy and grainy.
I have one just a little rub away from this condition. How would ICG grade yours, I wonder? It's MS but would they recognize that? 🤔
how much do these run?
Multiple hundreds of dollars even for well-circulated examples. There are many listed on eBay at any time. Currently 5 for sale, 17 in the sold listings.
They used to be under a hundred dollars.
But then again, so did my grocery bill.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
Start checking prices on the 1939 and 1953. Serious money. Frances would be proud
Do the 39 and 53 Henning's share the same "looped R" reverse? There appears to be at least two reverse dies for 44, one with the looped R and one without ( @dcarr ) Examples of both are in this thread. Apparently there were 12 dies (6 OBV and 6 REV) over the dates produced.
Lots of good info out there.
https://www.error-ref.com/henning-counterfeit-nickel/
https://www.cointalk.com/threads/1953-henning-nickel-confirmed-and-new-die-marker.406062/
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I found one in circulation back in the '50's and just recently found one in a roll of war nickels.
They're still out there and still suffering high attrition.
.
Here is my 1946 Henning. It has a "looped R", as well as a die gouge inside the "O" in OF, and a rim die break above UNUM.
Note that it has very little (if any) actual circulation wear, but it is an extremely weak strike.
.
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I haven't ever submitted mine (and I don't plan on doing so), but I would grade it MS64.
Joe Cronin recently published the definitive volume on the Henning counterfeits, the first printing sold out but you might be able to find a copy on the secondary market.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
I finally got it weighed.
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In theory coinstar should send these to the reject tray…..
I received notice of the grade from ICG. Let's play GTG!
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Did ICG straight grade it as a no P genuine nickel?
They note it as counterfeit on their insert. I would grade the OPs coin Fine-12, though if you could grade these on a curve, it's probably got XF wear. The nicest example fresh off the dies likely would grade no higher than VF.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
Fascinating thread thank you for posting this. I have a picture of what I think is a henning nickel, but can you guys verify weight is 5 grams
Looks OK (as a Henning) to me.
VF20 details is my guess
One of the diagnostics of a Henning nickel is that it's heavy. Should be closer to 5.5 grams.
Three of the known to me reverse die markers are not there; loop in the R, die crack from the dome to the top, and misshapen O in OF. I have been wrong before.
The missing P is obvious.
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What does the missing P indicate then??
It may be a fake counterfeit? An actual weight would be needed to see if it is within tolerance of a Henning.
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Ok, it's been 24 hours...ICG gave him a MS-15. I would have thought higher, but, what do I know?
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What is ms15?
That coin is high XF-AU by Henning Standards.
MS for Mint State (regular circulation) strike versus PR for Proof strike
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I have seen another case where someone mentioned the ICG grade email shows MS (or PR) and then the number but the actual holder will show the actual "F 15" as anticipated.
Apparently ICG will grade anything. I don’t get how a grading and authentication service thinks it appropriate to grade and certify counterfeit coins.
A "genuine" Henning is worth in the neighborhood of $300. People want to know their fake is a real fake.
They properly label it as a counterfeit so it is actually a valuable learning tool.
Here is an example on eBay:

Apparently more based on these two recent sales:
1939 Hennings are more rare than the "common" 1944.
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I don't disagree, but it might actually be the case that known 1939 (or other date) Henning nickels are more rare than 1944. The 1944 is far easier to identify, so it is more commonly identified.
I have a good sized container of pre-60 Nickels that I should go through to see if any Henning's have gone in undetected.
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Not the best image, but here he is his from ICG;
I will see if I can lighten up the image when I get to the house.
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Without the height chart next to him, I would have guessed him to be a rather tall person, not someone of just average height.
In my family he is tall!! 😂😂
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety," --- Benjamin Franklin
With your family tree he is also brilliant and attractive!!!
……. …..if only he had realized 1944 nickels had a big P on them, he may very well have been successful in his efforts. Still, coin for coin, he has created the rarest and most valuable coins in the 88 year history of the Jeff nickel.
And an interesting tale for the ages.
Instead of a full step designation they should designate these as full wheelchair ramp.
Any one sending a counterfeit to ICG to have holdered, ask them to put the weight on the label. Sometimes they do automatically and sometimes they don't. To be sure they do, just ask and they will.
Maybe next time. I have not seen an ICG label with the weight on it, but that would have been nice to know...a couple of months ago.
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