Description from HiBid
Rare 1962 5C PF66 Jefferson Nickel $290
This rare 1962 Jefferson Nickel is a premium numismatic specimen professionally graded PF66 by NGC, signifying a high-tier Proof state with exceptional eye appeal. Priced at $290, this coin exhibits the characteristic mirror-like fields and sharp strikes typical of the Proof minting process used at the Philadelphia Mint during the early 1960s. The reverse features a remarkably detailed depiction of Monticello, showcasing crisp architectural lines and clear "Five Cents" lettering. A notable special feature of this specific example is its attractive peripheral toning; the edges of the coin have developed a sophisticated golden and brownish patina over time, which beautifully frames the central design and distinguishes it from standard brilliant white specimens. This coin comes housed in a protective NGC EdgeView holder with a Heritage Auctions pedigree label, ensuring its authenticity and grade for serious collectors looking to enhance their Jefferson Nickel registry sets with a piece of mid-century American coinage history.
Condition: The coin is graded PF66, indicating a high-quality Proof specimen with only minor hairline scratches or minuscule imperfections visible under magnification, and it appears to have developed a dark, attractive peripheral toning. Mint: This coin was produced at the Philadelphia Mint, which was the sole facility responsible for striking Proof coinage in 1962. Metal Content: It is composed of 75% copper and 25% nickel, weighing approximately 5 grams. Historical Context: Issued during the height of the Cold War and the Space Race, the 1962 Jefferson Nickel represents the mid-century era of US coinage before the transition to clad compositions for higher denominations. Collector Value: While the 1962 Proof set had a high mintage of over 3.2 million, a PF66 grade is desirable for registry sets; however, the $290 asking price is significantly above the standard market value for this grade, which typically retails closer to $15-$30 unless it possesses rare "Cameo" or "Deep Cameo" designations. Strike Type: This is a Proof strike, produced using specially polished dies and planchets to create a mirror-like finish and sharp details. Grading: The coin is professionally graded PF66 by NGC (Numismatic Guaranty Company), as indicated by the slab labeling.
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