Lehigh96

I won this Jefferson Nickel on E-Bay on Sunday night from a very reputable toned coin seller for $300. The population is 7/0 and the Numismedia Wholesale price is $650. The only problem is that PCGS uses different standards for grading Jefferson Nickels than NGC and is consistently one grade lower than NGC. The PCGS price guide in MS66 is $275. My dilemna is that you just can't readily find 1964-D toned Jeffersons in MS66 or MS67. I felt like if I passed on this coin, I might not have another chance to find a superbly toned example any time in the near future. I don't have the coin yet but here are the seller's pics of the obverse. What does everyone think?




Now this one will probably be for sale for a long time to come, but I don't like the black on the peripheries for that price.

http://cgi.ebay.com/MONSTER-TONED-1964-D-JEFFERSON-NICKEL-NGC-MS-67_W0QQitemZ120350937775QQihZ002QQcategoryZ41088QQ ssPageNameZWDVWQQrdZ1QQcmdZViewItem

breakintheweb

The obverse is superbly toned. What does the reverse look like?

Lehigh96

Magman

I think it's a great coin!

Im not sure what your dilemma is though, is it that you wont be able to switch it over to PCGS in the same grade?

borgovan

As a fellow collector of toned Jeffersons, I think you did just fine.

1964 is a tough year to find nice toners. I don't know what it is. There must have been a minor alloy change; some trace element present or missing from what was there before.

With as many 1964 nickels as were minted, I've never seen one in person that was MS-67, let alone one as nicely toned as this.

Let's put it this way: I highly doubt you'll lose money on it.

kanga

High grade Jeffs in 1964 are tough to find.
Looking at the mintage you would think there should be tons of them.
Nope.
The Mint went for quantity and kissed off quality.
All tied in with silver's demise.

__________________
ANA Member
APS Member
ARA Member

There are 10 types of people: those that understand binary, and those that don't.

sketcherpbr

Purty. I likes it.

__________________
Monetary values amount to nothing in the face of a coin that's survived centuries to make it into my hand.

Danr

that's odd I thought it was a bit pricey.

Lehigh96

I am just not thrilled about buying a top pop coin with a population of 7 sight unseen. The photo of the reverse is too small to make my own determination about the grade of the coin. If the coin is overgraded, I paid PCGS price guide for a coin in an NGC holder worth 1/10th the price.

The dilemna is the gamble. I know I won't find a superbly toned high grade 1964-D on the market anytime soon, but I don't know that I just bought an MS67 or an MS66 in an MS67 holder.

Magman

ah gotcha.

I dunno, at least it's only a 300$ gamble, it could be worse.

GDJMSP

Personally, I think the coin got the bump for the color. Too many hits to make 67, but they are well hidden by the toning. Hits on the forehead, nose, in the hair, right fields and legends. Few minor ones on the collar. Minor hits in the left field by the rim on the rev. Not what you wanna hear I know.

But when you get that coin, I'd really like to see a closeup of the portico on the rev. Something going on there but I'm not sure what.

__________________
knowledge ..... share it

Danr

Buy it now US $1,050.00

Lehigh96

That sums up my concerns about this coin in a nutshell. Problem is that I don't know when a better high grade toned example will surface, so my hands are kinda tied.

bqcoins

I couldn't do it for that price, just too much.

__________________
BQ
Sometime Numismatic Consultant
See my Bust Halves here: http://s240.photobucket.com/albums/f...albumview=grid
See my Holey coins here:http://s240.photobucket.com/albums/f...albumview=grid

the_man12

It's a great coin and I love the toning, but I do think you overpaid.

__________________
20th Century Uncirculated Whitman Type Set Folder: 32/37 (86.5%)