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1885 3 Cent Nickel -- Advice Needed

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United States
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 Posted 06/05/2013  11:07 pm Show Profile   Bookmark this topic Add Tilby to your friends list Get a Link to this Message Number of Subscribers
I have inherited a small coin collection from my father. Included is an 1885 3 cent nickel. In doing some basic research I see that there is a significant value difference between a "proof" and a "business strike". So -- how do I tell the difference, or is that not a realistic task for a novice?

I would assume I need to authenticate the coin with a grading service if I want to sell, and if so, which service would you recommend? I was looking on the PCGS site and see that their fee for grading a "Rarity" is pretty expensive, but I do not see what they classify as a "Rarity" --. Does anyone have any experience there?

Thanks for any help and guidance you can provide.

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GoldenChest's Avatar
United States
814 Posts
 Posted 06/05/2013  11:11 pm  Show Profile   Bookmark this reply Add GoldenChest to your friends list Get a Link to this Reply
A picture would definetly help us with your dilema. Oh and
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hesgut's Avatar
1028 Posts
 Posted 06/06/2013  12:46 am  Show Profile   Bookmark this reply Add hesgut to your friends list Get a Link to this Reply
If the coin is high grade then it should be possible to determine if it is proof or a business strike from the pictures, although it is somewhat difficult on some 19th century types. If the coin is well worn, it may be extremely difficult to make that determination.

There were almost no business strikes of that year and proofs did circulate. It probably is a proof, and I'm guessing it will be VF-AU condition, as that is where most proofs from that era (that aren't currently in slabs) are.
Edited by hesgut
06/06/2013 12:47 am
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United States
3 Posts
 Posted 06/06/2013  07:23 am  Show Profile   Bookmark this reply Add Tilby to your friends list Get a Link to this Reply
Thanks for the responses so far.

It is high grade, but toned rather than being white/silver as I have seen with other on-line postings of the coin. I will try and upload a picture today. To me, it does not have the "look" of a typical proof coin, but then again, I don't really know what a proof from the era would look like today.

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Conder101's Avatar
United States
17884 Posts
 Posted 06/06/2013  10:52 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
although it is somewhat difficult on some 19th century types.

Unfortunately the nickel Three Cent is one of those types. High end proofs are easy to tell but typical quality proofs are hard to tell from MS pieces. One thing about the TPG's, when they get a questionable piece that is high priced in MS and much lower in proof they will often hedge their bets and lower their exposure by automatically calling it a proof.
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