GTG 1943/2-P Jefferson Nickel

Do you think that the label maker just happened to click the wrong label?
It would be interesting to know.

 

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Glad you got the grade at PCGS!

 

Unbelievable! Congrats. So what does a plain full step (no 5 or 6)designation mean from PCGS? I was thinking the flat spot above the C would preclude it from receiving FS? I'm an NGC fan as well but can't defend non-sense.

 

PCGS only uses the FS designation and PCGS FS = 5FS. They don't have a designation for 6 full steps.

 

What a difference!

 

About a $2000 difference, give or take, looking at the auction records on coinfacts.

 

Put it in NGC's face, now, put it in their registry!

 

Quite a swing in value there. You can't always believe what the TPG says.

I looked up the variety and examined the NGC image, and it is a DDO, doubled in Liberty and IGWT. I wonder if this 1943/2 is the same thing as the 1942/1 dimes - the die was pressed into hubs containing two different dates. Perhaps that is known but I can't find anything that explicitly says. PCGS calls it an overdate.

 

Incredible result from PCGS. Congrats on moving into the top 20!

 

Already done!

Lehigh's Homemade War Nickels

 

LOL, and it's got the highest points you got! I'm liking this.

 

Yep, just nipped my 1945-S NGC MS67 5FS.

 

Have you posted about this on the NGC forum? They won’t ban you like PCGS would.

 

Huge leap! Congrats!!! You made the right choice cracking it out, and I rarely support cracking coins. Definitely not wheel damage, whatever it is, and whatever it is doesn’t bother my eyes one bit. Nice coin.

 

Now that the cat is out of the bag, I would like to delve further into what the NGC graders were thinking. I think the only area that could be construed to be a wheel mark is at 6 o'clock on the obverse, good eye Larry.



That area shows some remnant planchet roughness that wasn't obliterated by the strike. That isn't to say that the coin isn't well struck, it is. Planchet roughness plagues Jefferson nickels and almost always, some level of roughness exists on the cheekbone, jawline, or shoulder. This coin has very little on the face but a tiny bit shows on the shoulder. That said, any professional grader should know this about the series, it is extremely common and is usually much worse than what is found on this 43/2-P. Take a look at this 1944-P shown below.



The planchet roughness is much more severe, but perhaps that helps explain what happened. Virtually anyone could look at the 44-P above and realize that what they see on the shoulder is planchet roughness, but the subtle nature of the 43/2-P fooled the grader into thinking that it was a wheel mark. I stand behind my statement that any professional grader at NGC or PCGS (or anywhere else) should know that this area of the coin routinely shows planchet roughness and to confuse it with a wheel mark that destroys the value of the graded coin is inexcusable. Furthermore, the fact that the finalizer missed this and also deemed it a problem coin is equally as incompetent.

 

I wouldn’t do it. The coin sticks out in his set, it’s the only PCGS one. Let the big brains over there wonder why it’s not in an NGC holder like all the others.

 

Oh no, I fully intend to take this up with someone at NGC. I have already cancelled my membership, and haven't submitted a coin since I got this one back. As you can see, I already submitted to PCGS. As I said, the divorce papers have already been signed.

Along with this coin, I submitted a 10 coin submission for regrade to get full steps. I went 0 for 10.

 

Your resolve is admirable. Ask them to point out where the marks are. With all the money on the line on this one, you can’t be blamed for ditching them.

 

Maybe time to give CACG a try.