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Pair Of Circulated 1975-D Nickels With High Mint Mark, $831 And $505.

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Brandmeister's Avatar
United States
4065 Posts
 Posted 09/24/2024  6:45 pm Show Profile   Check Brandmeister's eBay Listings Bookmark this topic Add Brandmeister to your friends list Get a Link to this Message Number of Subscribers
https://www.ebay.com/itm/135198298801

https://www.pcgs.com/cert/49794155

https://www.ebay.com/itm/135210765088

Two more bonkers ebay auctions for Jefferson nickels. These are the 1975 High-D misplaced mint mark variety. There is no Cherrypicker Guide entry for this variety, nor is it attributed by PCGS. The first nickel, an AU-50 in PCGS slab 49794155, sold for $831 after days of bidding. The second nickel was sold raw. Despite a considerable amount of surface scuffs that would almost certainly earn a Details grade, the coin still sold for $505.

Apparently a coin magazine article has granted the 1975 High-D a cult-like following.

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ratman4762's Avatar
United States
2201 Posts
 Posted 09/24/2024  6:53 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
It's one of those unsolved mysteries. Like, Why do the Cheerios pennies sell for $25.00 on ebay.
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johnhenry9009's Avatar
United States
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 Posted 09/24/2024  6:56 pm  Show Profile   Bookmark this reply Add johnhenry9009 to your friends list Get a Link to this Reply
those are indeed outrageous prices (Now I wish I'd kept the ones I've found )
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Tacc's Avatar
United States
3341 Posts
 Posted 09/24/2024  7:04 pm  Show Profile   Bookmark this reply Add Tacc to your friends list Get a Link to this Reply
Well gonna have to search my 5 cent coins yet again.
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Errers and Varietys's Avatar
United States
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 Posted 09/24/2024  7:48 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
I've heard about these. It's crazy how much money they sold for.
Errers and Varietys.
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DOCC's Avatar
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 Posted 09/24/2024  8:32 pm  Show Profile   Bookmark this reply Add DOCC to your friends list Get a Link to this Reply
Fake sale Brandmeister - look at the bidding. Definitely one or more shills involved.
I swing a metal detector and have a knack for finding dirty old coins.
Dirt coin restoration projects - https://www.prodetecting.com/restorations
Dirt coin restoration blog - https://www.prodetecting.com/blog/ccaw
Dirt coin dig videos - https://www.youtube.com/@prodetecting
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Brandmeister's Avatar
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 Posted 09/24/2024  8:57 pm  Show Profile   Check Brandmeister's eBay Listings Bookmark this reply Add Brandmeister to your friends list Get a Link to this Reply
While a fake sale would make sense from the standpoint that the coin doesn't seem worth that much, what would someone on ebay have to gain by a fake auction? You have to pay ebay 13.75% of the sale price. Is the goal to set the basis of the coin for a future sale?
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HGK3's Avatar
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519 Posts
 Posted 09/24/2024  9:42 pm  Show Profile   Bookmark this reply Add HGK3 to your friends list Get a Link to this Reply
The variety got an FS number (401 I think) a few years ago and will likely show up in the next edition of the Cherry Pickers Guide (if they do another edition).

Since the FS designation, PCGS now attributes the variety :

https://coins.ha.com/itm/errors/197...ption-071515.

It's just not showing up on Coinfacts yet, but NGC and ANACS both attribute it and it showed up in a recent edition of the Red Book.

I suspect part of the reason for the high value is that because the variety was not "discovered" until 40 years after it was minted there was no effort by the collecting community to find and preserve examples so it remains very hard to find, especially in higher grades.

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DOCC's Avatar
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 Posted 09/24/2024  10:14 pm  Show Profile   Bookmark this reply Add DOCC to your friends list Get a Link to this Reply

Quote:
You have to pay ebay 13.75% of the sale price


Not if the sale is cancelled for non-payment. The shills are there to try and suck in a real buyer - none bit, hopefully. Look at the bids, the answer is right there. 0 feedback buyer has 90% ++ of the bids = new acct. Automated bidding firing every 2-3 seconds in clusters.
I swing a metal detector and have a knack for finding dirty old coins.
Dirt coin restoration projects - https://www.prodetecting.com/restorations
Dirt coin restoration blog - https://www.prodetecting.com/blog/ccaw
Dirt coin dig videos - https://www.youtube.com/@prodetecting
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Greasy Fingers's Avatar
United States
5858 Posts
 Posted 09/24/2024  10:28 pm  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list Get a Link to this Reply
and it looks like both winners have 2072 feedbacks.....
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Coinfrog's Avatar
United States
94367 Posts
 Posted 09/25/2024  08:20 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Oh my.
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Dearborn's Avatar
United States
64158 Posts
 Posted 09/25/2024  08:50 am  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply

Quote:
Fake sale Brandmeister - look at the bidding. Definitely one or more shills involved.

I agree the first 'shill' was continually updating its bid every so many seconds to drive up the price.
When I'm bidding on something and I see that, I stop bidding and let the item go.
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Spence's Avatar
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 Posted 09/25/2024  09:23 am  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
Adding a pic of the mintmark location from one of the auctions for educational purposes:


"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Brandmeister's Avatar
United States
4065 Posts
 Posted 09/25/2024  10:29 am  Show Profile   Check Brandmeister's eBay Listings Bookmark this reply Add Brandmeister to your friends list Get a Link to this Reply
That's interesting. So PCGS attributed it as a minor variety on that HA slab. I was unaware that the 75D had a new CPG entry. Where do those even appear if they haven't been published in a book edition?

I am still hazy on what someone would gain by running a fake auction on ebay, aside from maybe hooking in a buyer for more money than they should have spent.
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CoinHI's Avatar
United States
2269 Posts
 Posted 09/25/2024  11:42 am  Show Profile   Bookmark this reply Add CoinHI to your friends list Get a Link to this Reply
Nickels continuing the Three-legged Buffalo tradition of minor error fervor.
"Pride is yoked with callous behavior, as humility is with compassion." St. Gregory Palamas

Top Finds - 1976 D WQ DDO-001 http://goccf.com/t/382777 - 1968 D 1c DDR-001 http://goccf.com/t/422254
Cool clashed dies - 1972 D 1c http://goccf.com/t/429855&SearchTerms=CCL
Struck-In Rim Burr - 1969 S 1c http://goccf.com/t/425587&SearchTerms=burr
Floating (Type II) Counterclash - 1978 D 1c http://goccf.com/t/434991&SearchTerms=1978


Edited by CoinHI
09/25/2024 11:42 am
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Brandmeister's Avatar
United States
4065 Posts
 Posted 09/25/2024  12:22 pm  Show Profile   Check Brandmeister's eBay Listings Bookmark this reply Add Brandmeister to your friends list Get a Link to this Reply

Quote:
Nickels continuing the Three-legged Buffalo tradition of minor error fervor.


You can add the 2005 5¢ Speared Bison and the 2000 $1 Wounded Eagle into that category. And I guess the Spitting Eagle quarters. The Bugs Bunny Franklin halves, too. It's a long tradition. =P
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