Coin Specifications

Category: Buffalo Five Cents (1913-1938)
Mint: Philadelphia
Mintage: 600
Obverse Designer: James Earle Fraser
Reverse Designer: James Earle Fraser
Composition: Copper-Nickel
Weight: 5.0000g
Diameter: 21.2mm
Edge: Plain
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1916 5C PF obverse 1916 5C PF reverse
Images courtesy of Heritage Auctions (HA.com)
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Description & Analysis

This is the lowest mintage entry in the proof series of Buffalo Nickels, a fact clearly reflected in the rarity of examples in the marketplace. The Philadelphia Mint declined to strike proofs of Barber's old Liberty Head Dimes, Quarters and Halves, as it anticipated that the new designs of 1916 would be ready in time for proof set sales (gold proofs were also suspended for this same reason). In the absence of silver proof sets, sales of the two minor coins were limited to the minor proof sets, thus accounting for their low mintage.

The 1916 proof nickel is perhaps the epitome of the Type 2 design, as the Mint strengthened the word LIBERTY, a feature that had always been deficient, even on proofs. It should have taken such care in engraving the final numeral of the date, as the 6 is clearly taller than the other figures.

GRADE SUMMARY

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Price Guide

Last Updated: 4/30/2019

Click on a price to see historical prices, comparison charts and trends.

1916 5C PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 845 975 1090 1500 2850 4000 5200 10700 33500 - -
$ - - - - - - - - - - 4350 6300 18500 -

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Census

 
NGC GRADE SUMMARY

Total Graded: 172
Low Grade: 64
Average Grade: 65
High Grade: 68

The chart showing 64 series, 65 series, 66 series, 67 series, 68 series.
NGC CENSUS DETAIL Last Updated: 10/8/2019 1916 5C PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------------366150232--172
-----------------11---2
-----------------12---3
-----------------------
Total---------------366152262--177
 ---------------20 %34 %29 %15 %1 %-- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
12/2/2001 NGC PF 66   Teletrade Auction 1512, 1512/Lot# 1086 $2,632.00
2/27/2003 PCGS PF 67   Heritage Auctions 2003 February Long Beach Signature Sale #314, 314/Lot# 6096 $5,405.00
9/9/2004 PCGS PF 66   Heritage Auctions 2004 September Long Beach Signature Sale #355, 355/Lot# 5891 $3,220.00
5/29/2011 PCGS PF 66   Goldberg May 29 - June 1, 2011 The Pre-Long Beach Auction of US, World Coins and Currency, 63/Lot# 698 $3,795.00
7/27/2013 NGC PF 66   Stack's Bowers The August 2013 Chicago ANA World's Fair of Money , 192/Lot# 1671 $4,112.50
3/30/2014 PCGS PF 67   David Lawrence Rare Coins Internet Auction # 797, 806/Lot# 55 $8,650.00
10/29/2015 NGC PF 66   Heritage Auctions 2015 October 29 - November 1 US Coins Signature Auction - New York Session(1), 1225/Lot# 3112 $4,113.68


NGC Registry

NGC Registry Score 1916 5C PF
 PrAgGVGFVF4045505355586061626364656667686970
Base2413113924926077438249009569941047145015831707192828073386390253677834972826224
26433842553065277084991996910121181149416241781222130003558439061898465152270
0000008499199691012118114941624178122213000355843906189846500
0000008759379811029131615391666185425143193373048797012909700
Registry Image Gallery
Grade: PF 66
Points: 3902
Owner: Leonard Raines
 
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