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Numismatic Who-ville

I just received my Heritage catalog and was flipping through it when I came across lot 5367, a 'Scarce and Important' 1914/3 Buffalo nickel. Heck, Heritage has 3 of these landmark items in the current auction.

They've even included a magnified photo of the affected area on one of them, apparently so the reader can behold this spectacular numismatic rarity in its full glory. Which I did. Or tried to. I stared at it for a good long time and I am now absolutely convinced that this is some kind of large scale conspiracy to sell what must have been a glut of plain old 1914 Buffalo Nickels sitting in some enterprising dealer's inventory for about 18 months.

Can anyone see this overdate? Is it just me? Does this not vaguely remind you of the scene in Horton Hears a Who when only HE can hear that tiny trumpet?

Union

Comments

  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭
    Funny, not 10 minutes ago I had the exact same thought. I was wondering to myself why anyone would want to own something they couldn't actually see!
  • Why own stocks then?

    Cameron Kiefer
  • foodudefoodude Posts: 3,568 ✭✭✭
    I had the same thought the first time I saw these coins in '97 or so. I looked at an MS62 and an AU58, and barely saw anything. After I stared at the AU58 for a while, I wondered if I really saw it, or was imagining it. I guess I got spoiled with my G-4 1918/17-D Buffalo, where even in that grade the overdate is clearly visible with the nake eye.

    The good news is it should be easy to cherry pick the 1914/3 because even some looking right at the date will miss it.
    Greg Allen Coins, LLC Show Schedule: https://forums.collectors.com/discussion/573044/our-show-schedule-updated-10-2-16 Authorized dealer for NGC, PCGS, CAC, and QA. Member of PNG, RTT (Founding Platinum Member), FUN, MSNS, and NCBA (formerly ICTA); Life Member of ANA and CSNS. NCBA Board member. "GA3" on CCE.
  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭
    Why own stocks then?

    I don't - I avoid the stock market. However, that's a pretty marginal example for a numismatic discussion.

    Most varieties that can barely be seen don't bring big prices. Eventually, this variety's price will fade away until it's as prominent as the underdigit in that picture......
  • Conder101Conder101 Posts: 10,536


    << <i>Why own stocks then? >>


    If you insist you can take physical possession of the actual stock certificates.

    I have seen examples where the top bar of the 3 is convincing, but I have also seen ones with just a trace, ones that are VERY questionable, and of course this overdate comes on more than one mintmark. I strongly suspect that unlike the other 20th century overdates, this one is NOT the result of a doubled die, but rather created by dies created from a doubled HUB. In that case there are many different overdated dies which show the overdate with varying strengths depending on how well it was hubbed, the condition of the hub, and much polishing the individual die has received. I think if we go looking for other die markers we will find that there are several different 14/3 varieties and that the overdate is not as scarce as it is made out to be. (Kind of like the 16/16. It is more common than people realize. I once turned up four of them at one midsize show. That was back when they were first becoming known and when one was sold it was often listed as "One of only six known". Right six known and I locate four at one show.)
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    i've had the exact same thought too!

    in fact, to take it 1 step further, you just KNOW someone's gonna discover, say, a 1926/5, etc etc. mark my word. & pcgs/ngc will slab it.

    K S
  • MrEurekaMrEureka Posts: 24,241 ✭✭✭✭✭
    Eventually, this variety's price will fade away until it's as prominent as the underdigit in that picture......

    The underdigit is bold and clear on the slab insert. That should suffice for quite some time.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • ShamikaShamika Posts: 18,781 ✭✭✭✭
    I agree. While I love Buffalo Nickels as many of you already know, this overdate does absolutely nothing for me. I can't understand where the premiums are coming from.
    Buyer and seller of vintage coin boards!

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