1881 5C Hawaii Five Cents MS65 PCGS. Medcalf 2CN-1. The presence of a cross at the top of the crown on the reverse of this pattern issue identifies it as one of the original 1881 strikes minted in Paris on behalf of the owner of a nickel mine in New Caledonia who offered to produced five cent pieces for the Hawaiian islands. The obverse inscription identifies King Kalakaua as the "King of Sandwich Islands," the European name for Hawaii. The reverse design had a spelling error in the Hawaiian motto. Perhaps this combination of errors was enough for King Kalakaua to reject the coinage proposal. This impressive Gem exhibits a bold strike with satin luster and reflective gray fields, showing a hint of cameo contrast. PCGS has certified 17 of these with an average grade of MS64.
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