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1944 Henning Nickel

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Conder101's Avatar
United States
17884 Posts
 Posted 01/31/2014  11:17 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
One question though, do all of the years that he counterfeit these nickels have the looped "R"?

No, Henning made several different dies and the looped R is only one of them. The 44 no mintmark Henning usually comes with the loop R but some were made with a non-looped R as well.
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pyrbob's Avatar
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1943 Posts
 Posted 01/31/2014  11:42 am  Show Profile   Bookmark this reply Add pyrbob to your friends list Get a Link to this Reply
Actually the Henning nickel posted at the beginning of this thread is one without the hole in the R. Some more diagnostics are the rough porous fields, the softness at the edge of the letters and devices and some of his dies have little raised dots in certain areas depending on which die it was that struck the coin.
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Jaymon74's Avatar
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844 Posts
 Posted 01/31/2014  11:46 am  Show Profile   Bookmark this reply Add Jaymon74 to your friends list Get a Link to this Reply
So Mr. Henning only used that particular reverse die for the 1944? I was asking, so I could find a die-marker that will indicate a Henning nickel in other years. After reading this thread and other similar ones, it seems obvious that weight alone will not prove positive. I have become familiar with the visual appearance however. I'm pretty sure I could pick out a possible "Henning" out of a pile of Nickels. It's the positive I.D. I would like to work on.
I was looking on-line for a while for the book mentioned earlier. "The Counterfeit 1944 Jefferson nickel" By Dwight H. Stuckey
I've not had much luck.
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Jaymon74's Avatar
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 Posted 01/31/2014  11:52 am  Show Profile   Bookmark this reply Add Jaymon74 to your friends list Get a Link to this Reply
Just to verify I'm understanding this. Correct me if I'm wrong.

Mr. Henning used several different dies, Some with the loop and some without, but only used the loop on 1944?

I just found my answer by reading some more threads on the subject.
Edited by Jaymon74
01/31/2014 12:05 pm
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Bud250r's Avatar
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 Posted 01/31/2014  12:11 pm  Show Profile   Bookmark this reply Add Bud250r to your friends list Get a Link to this Reply
Why would someone want to counterfeit nickels, Just go with halves or dollars. It dosent make sense to me.
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pyrbob's Avatar
United States
1943 Posts
 Posted 01/31/2014  12:29 pm  Show Profile   Bookmark this reply Add pyrbob to your friends list Get a Link to this Reply
Henning claimed to have made 6 different obverse and 6 different reverse dies. 1944's come with both R types. He did this back in 1953/1954 when nickels had more buying power. He hoped his nickels would get less scrutiny since they were such a low denomination.
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Finn235's Avatar
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 Posted 01/31/2014  1:03 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
If I remember correctly, Henning thought he could pull it off since he could buy the planchets wholesale for about 3.5 cents each. Of course, his equipment was probably quite expensive, and most sources I read state that his operating costs far exceeded his extremely minor profits. It was a basic accounting error on his part.

Also, if I remember, all Henning nickels were made from the same planchet, which was basically similar to the standard CuNi planchet, but with traces of iron. At any rate, that would be a simple test for all questionable '44 nickels. While it's not "proper" coin maintenance, War Nickels emit a slightly different ring than regular nickels when they are flipped--the silver lowers the frequency of the sound just enough that a good pair of ears can hear the difference. You could test the nickel with a flip test alongside a known War Nickel and a regular nickel. If the questionable nickel matches the pitch of the War Nickel, it's a grease error. If it doesn't match, it's a Henning.
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Finn235's Avatar
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6130 Posts
 Posted 01/31/2014  1:40 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
Come to think of it, does anyone have a genuine grease error War Nickel without a mintmark? I know value is a result of hype, but I could see these being as valuable as the "No D" 1922 cent which is also just a grease error.

I guess there just aren't enough nickel collectors out there.
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DCM Coins's Avatar
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446 Posts
 Posted 01/31/2014  1:48 pm  Show Profile   Bookmark this reply Add DCM Coins to your friends list Get a Link to this Reply
The Henning story has always fascinated me. I'm struck by the irony that years later, we have collectors who actually *want* to get one of these in their change, and that these fakes are now worth much more than their face value!
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Wiggam007's Avatar
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217 Posts
 Posted 01/31/2014  3:48 pm  Show Profile   Bookmark this reply Add Wiggam007 to your friends list Get a Link to this Reply
Very cool find! I hope to find one or get one at some point because it is such a cool story.
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Conder101's Avatar
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17884 Posts
 Posted 02/01/2014  09:07 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
I think there are some Hennings with the looped R that are not 1944's.
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Avshater22's Avatar
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337 Posts
 Posted 02/01/2014  12:21 pm  Show Profile   Bookmark this reply Add Avshater22 to your friends list Get a Link to this Reply
I would love to find one of these. I thought I found one once but turned out to be just a regular one. Isn't technically against the law to own one though?
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RollNinja's Avatar
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 Posted 02/01/2014  4:10 pm  Show Profile   Bookmark this reply Add RollNinja to your friends list Get a Link to this Reply

Quote:
Isn't technically against the law to own one though?


I'm not an attorney and can't give legal advice, but I believe it's only illegal if you try to pass it off as official US currency. Not that there's really any difference, if you know what I mean.
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pyrbob's Avatar
United States
1943 Posts
 Posted 02/01/2014  7:11 pm  Show Profile   Bookmark this reply Add pyrbob to your friends list Get a Link to this Reply
I have two 1939 Hennings I pulled from circulation. Here is one of them.

1944-Henning-Nickel

1944-Henning-Nickel
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RollNinja's Avatar
United States
18 Posts
 Posted 02/01/2014  10:39 pm  Show Profile   Bookmark this reply Add RollNinja to your friends list Get a Link to this Reply
Nice one pyrbob! I'm looking for one with the "hole" in the R now.
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