Owner Comments:
Mint: Manila
Mintage: 2,154,000 (all die varieties)
Designer: Melicio Figueroa
Composition: Copper-Nickel
Weight: 4.7500g
Diameter: 19mm
Edge: Plain
U.S. Philippines 1934M 5 Centavos "Doubled Die Reverse" and "Repunched 1" Allen-5.04aa.
A very scarce Mint State example of the variety, with moderate doubling on AMERICA as well as a noticeable southward repunching of the "1" in the date. A rare variety with Allen pricing an MS60 at $1,000 and a MS63 at $2,250.
Only three (3) examples of this rare die variety have been certified in any grade. This specimen is the second finest certified by NGC.
NGC Population: 1/1
Auction History: Heritage Signature Auction #3053, New York International Numismatic Convention, World & Ancient Coins, January 17-18, 2017, Dallas, Signature Internet Session 2, Lot #37939. Sold for $1410.00