57D Nickel

Discussion in 'Coin Roll Hunting' started by FoundinTN, Jun 5, 2019.

  1. FoundinTN

    FoundinTN Big AM

    I just pulled this out of a bank roll...i dont know much about nickels...but,i do know that the older jefferson coins with prominent steps are sought after,and the mid 50s coins are known for weak strikes. With that being said...is this coin worth grading? Is it worth anything as is? Are these even close to being full steps? What grade does this look like going by the pictures i provided? Any info is greatly appreciated,cheers.
    Photo on 6-4-19 at 12.42 PM.jpg Photo on 6-4-19 at 12.43 PM.jpg
     

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  3. lordmarcovan

    lordmarcovan 48-year collector Moderator

    It is an extremely common coin, and that one is only AU-ish, so no, it is not worth much more than face value monetarily, and as a result, it is certainly not worth spending $30-40-ish to slab.

    That being said, it is uncommonly nice for a circulation find, and worth a smile. Nice find, regardless of the value.
     
  4. FoundinTN

    FoundinTN Big AM

    Dang,i saw the steps and rly thought i had something,thats quite disapointing,lol. Thanks for the info @lordmarcovan
     
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  5. lordmarcovan

    lordmarcovan 48-year collector Moderator

    I really dunno about the steps. It's kind of a moot point, really.

    In all grades up to AU58 - in other words, every circulated grade (and this is a lightly circulated coin), Numismedia puts the value of a 1957-D nickel at $0.06, which is their default minimum.

    Even in most Mint State grades, it would not be worth the cost of grading.

    They struck nearly 137 million of them.

    Sorry, no big score this time. But as a circulation find, it is still cool, and worthy of a smile, like I said.
     
    Brina likes this.
  6. lordmarcovan

    lordmarcovan 48-year collector Moderator

    I should add that I do keep all the pre-1960 Jeffersons I find in change, even though the late-'50s coins really aren't worth any premium in circulated condition.

    They're just fun to find, is all.
     
  7. ken454

    ken454 Well-Known Member

    i keep all pre '60 nickels also, i have a few nickel folders where i stash the nicer ones, yours is a good one for a folder..
     
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  8. wxcoin

    wxcoin Getting no respect since I was a baby

    It's a nice older coin to find but it's definitely not full steps.
     
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  9. Jersey magic man

    Jersey magic man Supporter! Supporter

    I also put aside pre 1960 Jeffs. Just because you don't find many.
     
  10. Collecting Nut

    Collecting Nut Borderline Hoarder

    That would be a great coin for a type set.
     
  11. Mountain Man

    Mountain Man Well-Known Member

    It is my understanding that TPG will only assign FS (Full Steps) to coins that grade high MS, so it wouldn't even qualify.
     
    I_like_Morgans likes this.
  12. Lehigh96

    Lehigh96 Toning Enthusiast

    As others have stated, Jefferson Nickels are really only collectible in gem grade or above. The PCGS Price Guide for a 1957-D MS65 FS is $100, but that falls to $22 in MS64 FS. In the realm of CRH, the only real way to score with Jefferson Nickels is to find a variety coin.
     
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  13. lordmarcovan

    lordmarcovan 48-year collector Moderator

    Exactly. Somewhere I have a nickel folder I was filling just from circulation finds. No buying stuff to fill the holes. Just stuff I found "in the wild".
     
    ken454 likes this.
  14. ken454

    ken454 Well-Known Member

    yup, i have a stack of coin folders filled with coins i've picked out of circulation, bought coins would be for the dansco or whitman albums...
     
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  15. Cheech9712

    Cheech9712 Every thing is a guess

    Nice coin. Nickels are so common you really have to have a just about perfect to be of any true value. Your almost there
     
  16. Cheech9712

    Cheech9712 Every thing is a guess

    If it were a p mint. Then maybe a keeper
     
  17. Cheech9712

    Cheech9712 Every thing is a guess

    I dump the 1954 d's.
     
  18. wxcoin

    wxcoin Getting no respect since I was a baby

    Unless they are full steps.
     
  19. Michael K

    Michael K Well-Known Member

    Full steps coin must be MS to qualify.
    Difficult to pull an old Jefferson out of a roll that is even AU.
     
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