Check out this interesting error coin which I just added to my Registry Sets.

http://coins.www.collectors-society.com/registry/coins/SetListing.aspx?PeopleSetID=51257

This specimen has some very unusual strike characteristics. The obverse has a lose of detail on the right side of the volcano, and the left side of the pedestal, which is typical of 1937-1941 USA/Philippine Five Centavos. There is also a Lamination (Mint Error) on the rim at 3 oclock.

The reverse has sharply struck center details, but has a great lack of rim sharpness. The Castle with Crown, and Half Lion/Half Dolphin in the central devise is the sharpest I have ever seen on a pre-war Commonwealth Five Centavos and all of the lettering on the scroll is readable. In contrast the inscription UNITED STATES OF AMERICA is extremely weakly struck particularily the top parts of the lettering closest to the rim and the M mint mark is barely visible. Check out an image of the reverse of this coin at my Journal Entry (1937 5 C with Lamination - The Other Side of the Coin)

http://coins.www.collectors-society.com/JournalDetail.aspx?JournalEntryID=10536

This specimen is graded PCGS MS65. GEM 1937-M Five Centavos are really scarce as the combined NGC/PCGS population for this date in MS65 or better is only twenty coins.

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