Some grade opinions....

Just got this 1940 S Jefferson nickel for my dads birthyear set and since I am new to grading and am trying to learn I was hoping for some opinions...I was leaning to MS 60 or 61, but could be as low as AU...either way it isn't as nice as was advertised so it won't be going in the set..

IMG]http://i937.photobucket.com/albums/ad217/bigjpst/1940snickel.jpg[/IMG]

 

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I'm also saying AU.

Fortunately for you, since it's a birth year set you're after, mint state nickels from 1940 are very easy to obtain, and very inexpensive. You should have no problem finding an example for a dollar or so.

 

Au 63

 

I thought 63 was a MS grade not a AU

 

I'll agree with the AU grade. Are you looking for strictly a MS Coin raw?

 

Yes I am looking for as nice a set as I can afford raw...It's funny when I decided to do the set I looked through my accumulated coins and found I had all but the quarter in lower grades, but my intention is to have P-D-and S mintmarks Raw as nice as I can afford and San Francisco set certified PCGS as nice as I can afford, I got a new camera today so I plan on posting pics of my certified coins,(my other cam could not get nice enough pics)
P.S thanks again Borgovan

 

here is my 1940-S pcgs ms-65 fs.

ps. the scratches are on the slab

 

here is the pcgs 1940-S ms-66 rd
gonna take me a while to get the pics with the new camera,,,,,

 

That is a very nice Jefferson Nickel. That would cross easily into an NGC MS66 5FS holder as long as the steps are defined. Hard to tell from your photo if the 5 full steps are there. I love it.

 

Thanks that means alot coming from you Lehigh...I respect your opinion
unfortunately it looks like the bottom step has a little disturbance....but overall I was very happy when I bought this one....

 

I assume you are talking about the bridge under the third column between the 5th & 6th step. That is not consequential as it only precludes the 6FS designation. The area that concerns me is under the 4th pillar between the 3rd & 4th steps. If that area is not bridged and the photo is playing tricks on me, then the coin will almost certainly cross into an NGC MS66 5FS holder.

PCGS price guide lists this coin @ $60 but my guess is you paid between $30-$40 for it. If it were to cross to an NGC MS66 5FS, it would almost certainly sell for $100-$125.

 

here is a better picture of the steps, I see what you are talking about

 

I don't believe this would make the NGC attribution. As lehigh questioned, I see "bridging" 3-4 th steps.

 

nice closeup on the steps there