How do Full Steps effect the value?

Hello everyone,

I was looking through some rolls of nickels, and believe that I found a 1962 nickel with full steps. I know that pictures are helpful and I'll try my hardest to get one as soon as a camera is available to me, but just to amuse me, what is the significance to the value of the nickel if it has full steps? Is it only a small bump, or can it double the value? (This question doesn't have to be limited to my nickel, but nickels in general). Thanks for your insight!

Will

 

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Most TPG's opinions for "full steps" is subjective. Many collectors I personally know don't purchase FSB (Mercury Dime), FBL (Franklin Half), and FS labeled coins because they it is just a clever money-making scheme. Again, it's all subjective. IMO, just from seeing examples of "FS" labeled Jefferson Nickels in PCGS slabs that obviously DO NOT exhibit full steps, I don't purchase these coins unless the price is no higher than that of a regular, non-full steps coin.

-Brian

 

agreed......

 

Thanks redwin and brian, and GD, I'll do that thanks :smile

 

I agree 110%. However, you will NOT find a FS Jeff for the same amount as a non FS Jeff. As was mentioned, check Heritage....check CU price guide, NGC price guide.....the added premiums for these designations can be astronomic, in some cases (I do not agree...many FS Jeffs, if sent back, wouldn't get this designation). In another thread, I used the '70-D Jeff as an example of the craziness of these designations. In MS65 FS, at CU, it has a $6,000 price tag. In MS65, without the FS designation, it is a $200 coin. Your coin, a '62 (assuming it's a Philly mint coin), would have to grade above MS65 (MS65FS has a CU guide of $75, an MS66FS is $650). Now, if it were a 'D' mint, and obtained an MS65FS grade, you'd have a 'winner', as CU lists that as over $12,000 (I say winner, due to the fact that someone WOULD spend a considerable amount to own one....a person that plays the 'registry game').

 

Thanks Numismedia; my coin is a Philly mint, and the only camera I can get is a cell phone camera, and those pictures are not even close to good enough to tell the difference between a baseball and the moon, let alone a 65 from a 66. I'm looking at it now, and I can pretty confidently say it is not an MS66, so it's not gonna pay for any college books, but I'll keep it nonetheless. I like it.

Also GDJMSP, I registered for Heritage, and it's great. Thanks for the recommendation.

Will

 

+1

However I've seen people ask ridiculous money for full steps...sometimes $10k+ depending on the year. Personally I could care less.

 

I agree. I like Jefferson's for other reasons.