henning counterfeit

HI ALL
Is there anyone here that has a henning 1944 no- p - nickel and if so can you show a pix of the obervice thanks?

 

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Got one for you- I am uploading the pic - Hold on!!

 

Henning Nickel

This is the only Hening Nickel I have. I am still using a flatbed scanner so it may not look too good.
It does look better though in hand.

 

HI GOLD DOLLAR
I can't see the R very clear but thanks for the pix I have been looking for one of these for over a year.
Henning also was said to have counterfeited a 1939 1946 1947 and a 1953 but the 1953 has not yet been found thanks again.

 

Ill scan the "R" for you

 

One quick question any marks on the 1953 I should look for?

 

The story is that henning ,said he made19 53 nickels but none have every been found so you have nothing to go by.And it could be that there are no 1953 out there because he was not telling the truth.

 

who the heck is Henning?

 

In Re: Hening Nickel

Hello,

In Reply to the " Hening Nickel"?
It was some guy named Frances Leroy Hening, who was from New Jersey. he decided
to make some of his own nickels in his basement. !944 without the "P" mintmark.
I beleive it was circulated during 1954-and June- 1955. The counterfeiter was arrested.

 

How much do they run now? How do I get one.

 

Howdy-

These nickels from my understanding are illegal to own or sell? After all they are counterfeit
coins. This was my answer from Heritage coins when i inquired about my coin. They are from
what i beleive sold on Ebay From Time to time for -around 20 bucks.

 

HI GOLDDOLLAR
I don't know why heritage would tell you that a lot of people own them. Maybe because they can,t sell them for $200.00. Plus the grade you find them in is usually g-3 or 4 at best. Plus I don't think the secret service has the man power or time to hunt down someone with that nickel.

 

I Totally agree with you.

 

As a new collector I do take every rule seriously. Thanks for the info.

 

Why exactly did he counterfeit nickels in the first place? Seems you'd have to mint them in the hundreds of thousands for the profit to make it even worth doing.

Edit: Apparently he did, lol... just read the article...

 

If he did not make the mistake with the 1944 he would NEVER have been caught. One or two cents profit per piece is not much but it is easy and foolproof - IF you get the "P" right.

 

One other thing about Hennings: the defective "R" that many people use as the identifier for a Henning counterfeit does not exist on all his forgeries. Some 44 dates have it, some don't. The only way to find another of the dates is if it was paired with the defective R reverse die. If not, after decades in circulation there is simply no way to tell a fake from a real one.

I have a Henning in XF or so condition with original surfaces in the fields and on some of the protected detail. The original surface was slightly irregular (some tiny bumps, etc.) but once worn these disappeared.

Also, I did identify some weak die cracks on some reverses, but I don't recall if they were in the defective R die or not.

Finally, if you aggressively search ebay you might get one cheaper - they are not always ID'd as a Henning. Search for 1944 nickels with no mintmark; sometimes people try to sell them as an error.