Demand for eye-appealing and premium quality coins pushes Heritage Auctions' July 20 event over $237,000.
The 1 in the date is clearly recut or repunched, most visibly at its base. This is a popular die variety—not terribly expensive compared to a normal date, but visually interesting and worth looking for. In the Guide Book of United States Coins it was first included in the 68th edition (published 2014). Values for Mint State examples in particular have increased since then. Premiums for lower circulated grades are modest. Note that there is also a doubled-die reverse that has the recut 1 (Allen: 5.04aa).
Reverse Description
An eagle is portrayed in the center atop an American shield with 13 stars. UNITED STATES OF AMERICA is written around the periphery with the date at the bottom.
Catalog Information
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Subject: I would like to contribute catalog info to CDN for 1934-M 5c U.S. Philippines, Repunched 1, Allen-5.04a, FS-301 MS
Body: Referring page: http://livetest.greysheet.com/prices/item/1934-m-five-centavos-repunched-numeral-one-us-philippines-coinage/gsid/85087 GSID: 85087 Title: 1934-M 5c U.S. Philippines, Repunched 1, Allen-5.04a, FS-301 MS
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Greysheet News
1861-S Paquet Double Eagle, rare 1930-S Indian Eagle and early U.S. gold also rank among July 16-18 event highlights.
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