What Do You Think About This 1894 5c MS-65 PCGS

It does look like the 4 was re punched. Is it something that would increase its value? Who knows. Are there Liberty head nickel collectors who are as fanatical about die varieties of this series as there are of some others who would pay a premium for this?

Ed
ANA LM-3175

You have to ask yourself if you believe that PCGS got this one right and it's a true MS65. The value at MS64 is quite a drop.

I appreciate all your help, the auction ends on Sunday and I haven't decide to bid on the coin as of now or just what for another one to come up for bid. I still would like to have more replies back on your thoughts if possible. I know the price is a bit higher...but is it worth it?
I did check the price list at PCGS


Thanks again for all your help,

bobbart

I,m not going to bid on the coin becuase I,m not sure if it is a MS64 OR MS65 ...PGCS 0s stating it,s a MS65.

THANKS FOR ALL YOUR HELP.
I will just wait for another one to come along


Bobbart

SsuperDdave: Is it possible that the proof coins were made AFTER the production for the business strikes were completed?

That happened with the 1959 Australian proof florin. The master die for the business strikes had a flaw, which was reproduced for the entire business strike issue, and the master die had to be modified to remove the flaw so that a proof die could be made from it. 1,506 florins were struck, so presumably only one pair of dies were needed for the proof florin of that year.

Perhaps in the case of 1894 proof only nickel, a replacement die had to be modified.

Conceivable, but entirely unlikely. Typical US practice is to always strike the Proofs first, even at the cost of modifying the Master Die before doing so. It should be noted that this decade was possibly the glory days of US Proofs; some of the finest strikes of any non-Modern coin came from the 1890's.

I do not have access to an authoritative compilation of 1894 varieties. Furthermore, I note that the potential overdate on the coin linked here is in a slightly different location than that on the known Breen-2556. It may be a known overdate.

What it is, though, is a beautiful strike in a new PCGS slab, and they know full well they more than doubled the value by calling it 65 instead of 64. And note, Business Strikes at that level are worth more than Proofs in the equivalent grade for this date. This is probably not the 65 I'd buy if I wanted one, but I hesitate to call it "overgraded."

I see a lot of replies back...now I,m confused if I should buy it or now. I have to tomorrow night to decide.
I'm not a grader, so I can't tell this coin from a MS64 or a MS65

Bobbart