Watch List notes:

USA Five Cents 1916 Doubled Die Obverse, Breen 2599, the variety confirmed by the last three digits of the date bold and with the understrike lower and to the right of the date, with also clear doubling to the feather tips, in a PCGS holder and graded XF40, listed as a separate entry in the Red book, the variety was only discovered in 1962, by which time many examples were well worn. It is estimated only 200-400 examples survive and of these many are in low grades, a key date rarity and listed in the Cherrypicker's Guide with the highest 'interest rating', this an evenly struck piece with pleasing detail and extremely rare thus, we note that the Heritage database shows only 4 examples sold since 2000. The PCGS database shows only 13 examples in XF40 with a PCGS price guide of £22,500

Estimate: 3000-6000 GBP