1867 5C Rays JD-4 PR62 PCGS
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1867 5C Rays, JD-4, High R.7, MS62 PCGS. Struck from the JD-4 proof dies and designated as such by PCGS despite the MS grade designation. JD-4 proof coinage represented the third and last restrike production of the 1867 Rays proof Shield nickel. Our consignor's extensive research reveals that two of the JD-4 proofs are certified in MS holders, apparently due to the lack of mirrored surfaces caused by the advanced die state. A thorough explanation is presented by John Dannreuther in United States Proof Coins, Volume II: Nickel, and is important to understand the nature of the current coin. Discussing the obverse dies used for the three restrike varieties, he writes: {blockquote}"Each of these three additional obverse dies shows evidence of haste in their preparation, as they all have excessive lapping and polishing. The planchets are also not polished as deeply as they should have been, there is very uneven die polishing on the single reverse die for each batch (removing some detail, as well as leaving patches of die lines). The devices are not as cameo as seen on coins with the original obverse die, and the striking quality for the three other obverse dies used is substandard. The JD-4 die also cracks in its use and the common reverse die also shatters with several late state examples having diminished mirrored surfaces due to the uneven striking pressure using cracked dies. "... seven different examples of JD-4 have been identified before the common reverse die cracks, as noted above. The obverse also cracks, so no more 1867 With Rays Proofs were possible. Although the three known after the dies cracked were struck and intended as Proofs, the quality is diminished from full mirrored Proofs."{/blockquote} The present "MS62" JD-4 proof is one of the described final strikes from the final restrike coinage. Dannreuther states 10 JD-4 proofs are known, counting those late-state pieces such as the present. The cracks on this piece include one from the dentil ...
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Collectors CornerSM coin information: (data courtesy of PCGS.com *)
| PCGS Coin #: |
102717 |
| PCGS Coin Description: |
1867 5C Rays JD-4 |
| Mintage: |
60 |
| Grade: |
PR62 |
| Auction Prices Realized: * |
Auction Prices Realized
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| Additional resources: |
PCGS CoinFacts
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PCGS Set Registry:
 Learn more about Set Registry
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No composite sets currently defined for this coin.
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