1959 Jefferson nickel worth

Discussion in 'What's it Worth' started by Kevin Humphries, Jun 19, 2018.

  1. Kevin Humphries

    Kevin Humphries New Member

    Hi all, found this nickel hunting. It seems to be in amazing shape with partial steps. Is it worth getting graded? Any ideas on approximate value? Thanks for the info!!!
     

    Attached Files:

  2. Avatar

    Guest User Guest



    to hide this ad.
  3. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    No
    Circulation wear especially on the Reverse side. Steps are bad IMHO
     
  4. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Certainly a keeper but not worth grading unless it holds some special sentimental value to you.
     
    coinsareus10 likes this.
  5. Kevin Humphries

    Kevin Humphries New Member

    Ok, thank you all for the input. I really appreciate it.
     
  6. Michael K

    Michael K Well-Known Member

    It's worth 5 cents. If you like it, put it in a 2x2 flip and keep it.
    Difficult to find a non key or semi key Jefferson worth more than face value.
    Condition is OK, XF/AU but the 59 is not uncommon or rare.
    High retail in MS grade is a quarter. This coin is less than that.
     
  7. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    It's a good keeper if you're assembling a Jefferson set. Raw, in maybe flips or an album. A lot of 59's are mushy messes.
     
  8. Mark Morris

    Mark Morris Active Member

    Nice coin.

    https://www.pcgs.com/photograde/#/Jefferson/Grades

    Use this PCGS grading page to grade your coins. Read up on how they grade and what they are looking for. BE HARD on your coins when self grading. This coin will NOT bring you enough money back to justify having it graded by a service.

    Again nice coin...
     
    Dynoking and Spark1951 like this.
  9. harley bissell

    harley bissell Well-Known Member

    General advice for anyone who wants to know if something should be graded. Do a google search in the form "COIN VALUE - 1959 JEFFERSON NICKEL". Click on the NGC report. Prices in all grade ranges will be given. If you and all your friends think it is MS-65 full steps look up the value. Now deduct the cost of getting it graded. If you get a positive number decide whether someone other than you deserves to siphon off a major portion of the value. If it is a negative number the choice is easy.
    You may decide that it is easier just buy already slabbed coins.
     
    Spark1951 likes this.
  10. bsowa1029

    bsowa1029 Franklin Half Addict

    Although that is in excellent shape for having found it during a coin roll hunt, it is not worth getting graded.
    The mintages for Jefferson nickels were so high that every single date and mint mark combo is readily available in mint state condition, and even gem+ conditions.
    Even at the MS65 level it isn’t worth sending a Jefferson nickel in for grading. The exceptions to that would be a rare variety, superb toning or full steps for a tough date.
    You can buy some pre-1960 Jefferson nickels already graded in MS 67 for less than $50, and it costs about $25 to even get them graded.
    Your coin, in that condition, is worth maybe 25 cents.
     
    Mark Morris likes this.
  11. Neal

    Neal Well-Known Member

    Nice find from circulation, but not worth spending the money for grading. I always wonder where such a coin has been hiding all these years.

    Just a side note on your picture: When holding a coin that might have collector value, especially one in better condition, do not let your bare skin touch the face, since the dirt and oils on even a washed hand can stick to the coin and eventually cause damage to the surface.
     
  12. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    With a few narrow exceptions, getting a coin graded is basically starting at about $100 value, more or less.
     
    DEA likes this.
  13. Michael K

    Michael K Well-Known Member

    Disagree on 25 cents. In 20 years it will be worth 25 cents.
     
  14. Cheech9712

    Cheech9712 Every thing is a guess

    Not a bad looking coin. Even if it graded AU. Wouldnt be worth cost. Guessing coin is in the fine range. Take your pick which one books
     
    Last edited: Jun 19, 2018
  15. Cheech9712

    Cheech9712 Every thing is a guess

    Not a bad looking coin. Even if it graded AU. Wouldnt be worth cost. Guessing coin is in the fine range. Find yourself a 2018 and look at reverse steps. You need something like that to even consider grading
     
  16. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    And even then it's not necessary a fairly large percentage of the time.
     
    V. Kurt Bellman likes this.
  17. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    There's significantly more meat there than one would expect in the fine range.
     
    Cheech9712 likes this.
  18. Neal

    Neal Well-Known Member

    I'm certainly no expert, but I can see there is some general rubbing, so the max would be AU. The weakness of the steps and left side of the building are probably caused by a weak strike, common in the 1950s (notice the weak S and U of E PLURIBUS UNUM). However, it appears the right side of the dome and nearby areas have received a significant hit of some kind, lowering the grade, but I don't know how far.
     
    Cheech9712 likes this.
  19. Cheech9712

    Cheech9712 Every thing is a guess

    Think neal said it best.
     
  20. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Slabs were never meant to be the go-to for preservation. They may not even be particularly good at it. There are better options if one's primary goal is preservation.

    I suspect the OP asks because he seldom sees a 1959 that nice, but here's the problem - I have 80 of them that are even nicer in tubes. There is a HUGE inventory overhang out there from the roll hoarder era.
     
    Cheech9712 likes this.
  21. Ron W

    Ron W Member

    Not worth grading but in very nice condition (FINE +) great for a book collection etc.
    Looks like it has been lightly cleaned , does not hurt the value of this coin at all ---only worth a nickel tho.. Happy Hunting
    Ron W.
     
    Cheech9712 likes this.
Draft saved Draft deleted

Share This Page