1940 nickel what would you all grade it at?

Discussion in 'Error Coins' started by Raizac, Dec 19, 2018.

  1. Raizac

    Raizac Well-Known Member

    hello, I just found this 1940 with steps and lite were on the coin what do you all think it would grade at? 1940 bu nickle.jpg 1940 bu nickle001.jpg and yes I know it's not full steps but it has most of them for its age
    Wed Dec 19 09-23-52.jpg
     
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  3. Collecting Nut

    Collecting Nut Borderline Hoarder

    More in the AU-50 range.
     
    Inspector43 likes this.
  4. Michael K

    Michael K Well-Known Member

    Obverse is nicer even with the Frankenstein gashes on his head. Serious gouges on the reverse. 2 under the 1st U in Pluribus, 3 or 4 on the home Monticello. There are steps but they are interrupted at several points.
    I am sure it looks different in hand (luster-wise).
     
  5. SchwaVB57

    SchwaVB57 Well-Known Member

    It could go AU-55 on a very good day. +1 on AU-50 any day.
     
  6. V. Kurt Bellman

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

  7. Raizac

    Raizac Well-Known Member

     
  8. Raizac

    Raizac Well-Known Member

    o yes the luster on this is well it looks new! but it in the eye of the beholder
     
  9. Raizac

    Raizac Well-Known Member

    o and thanks for the grade
     
  10. JCro57

    JCro57 Making Errors Great Again

    Why is this in the error section?
     
  11. V. Kurt Bellman

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

    Its being there IS an error.
     
    JCro57 likes this.
  12. Lehigh96

    Lehigh96 Toning Enthusiast

    The coin appears to have friction in the fields which would make it AU, but I don't see any loss of detail and based on the photos, there seems to be plenty of luster left. I'm at AU58 on this coin.

    As for the steps, it is counterintuitive, but the earlier Jefferson have much better step detail than the later dates. The full step availability for 1940 is 20% which is pretty high for the series and your coin doesn't really come close.

    Jeffersons are usually only worth a few bucks in the lower MS grades; you really need the coins to be gem or better to have any real value.
     
  13. tommyc03

    tommyc03 Senior Member

    Anyone notice that corrosion spot at the 1?
     
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