Something has been bugging me for awhile and I couldn't put my finger on it, but I think I've figured it out! Why are Jefferson prices all over the place? And I guess this applies mainly to AU/BU coins. A "BU" nickel of a certain date can sell for $1.50 or $15 on e-bay. I really haven't been able to figure it out. It makes it really difficult also when you want to negociate with someone because you really don't know where to begin! Is it because: a. There are no Gray sheet prices for almost all the series except the few keys? b. Of all the modern series, I'm guessing Jeffies are the least slabbed (outside of the keys) - therefore grading and "fair price" is based on the 300x300 pixel picture you're staring at on the screen c. There's a bunch of speculation going on? Any thoughts?
Depends on who's bidding at what time , how much experience they have at numismatics , how much they want it , too many variables . rzage
I think it's because of the lack of grey sheet prices, primarily. I am a Jefferson nickel specialist, and I have no problem purchasing coins not listed for what I feel they're worth. In fact, I was just severely outbid on a 1954-S on eBay. It was a toned MS-64, and my roughly-$25 bid didn't win. Frankly, I hope they stay out of the grey sheet until I can cherry my way through the tri-state inventory over the next few years. At coin shows, I buy Jeffs for 2% of their true "value", and I see others priced at several hundred percent of what they should go for. For instance, lots of dealers are still holding onto average BU 1950-D Jeffersons that they paid $30-40 for, and they want their money back! It'll be a long time before that happens. I think there is speculation in the series, and I do expect it will take off in the future. For now, though, enjoy your rock bottom prices!
Hello Borgovan ? I am thrilled to see a Pro-Jefferson Nickel Analyst on here ! Could you help me with this ? I just purchased a (1939'-DDO-DIE 1 & DDR-DIE 7 Jefferson Nickel MS-65 ,graded by Anacs ? I paid almost $ 60.00 for this coin. My Question: Do you, as an expert on all this,,,,did I overpay on this ,or did I get a fair purchase for the coin ? I've been collecting MS-67's an' Proofs , Early-Jeffs + Reverses, its such a Task ! So I thought' I'd grab some Varieties along the way, but don't want to get burned, by over-paying on them ! I am having a very hard time, trying to get the 1949 Jeff/ D/S nickel also . I would settle for a lower MS,,,but so hard to find, where can I look? I've tried Ebay, but only high-grades there . (too-spendy) So' Anyways' thanks' for taking the time to read this, I would greatly appreciate any response from you, (0r) anyone who's knowlegeable in the Jefferson Series . Chasindreams-
Jefferson nickel help chasindreams: I'll be honest; I'm not so much into the varieties. I collect Jeffersons extensively, both circulated and high-grade, but I never really got into the varieties. I do have a 1955 D/S and a 1938 DDO Die 4, both MS-64 in ANACS holders, but that's about it. Oh...I also have been cherrying the 1941 Large-S varieties, and I've got about a dozen of them, all circulated. The only 1939 DDO Die 1 and DDR Die 7 that I can find a price for was an MS-64 full steps ANACS example that sold for $50 on Teletrade way back in 1999. I'm going to go out on a limb and say that you probably didn't pay too much. As far as the 1949 D/S, you can either try picking up a raw one at a local coin show, or just keep checking eBay every week. One will come by eventually in a grade that you want. You can also check teletrade (www.teletrade.com), but more than likely those will be uncirculated examples as well -- they haven't sold a circulated example in many years. Good luck with your collection! Please let me know if you ever have any Jefferson questions, or need help finding anything.
Hello Chasindreams, I have been collecting primarily Jefferson nickels for over 25 years now first trying Full Step collecting (which is never ending). Then about 6 or 7 years ago I started variety collecting. I do not consider myself an "expert" by any means but am willing to share what knowlegde I have. That being said, it is extremly difficult to put a dollar value on most varieties! The Jefferson series has hundreds of Doubled Dies and RPM's. There are a few good books that cover the most popular varieties but the pricing guides in these books either outdated or just plan unrealistic but other pricing guides aside are good for attribution help. Here are a few books I recommend: The Jefferson Nickel Analyst The Jefferson Nickel RPM Book & Update Best of the Jefferson Nickel Doubled Die Varieties 2nd Unless the varieties you are seeking are in the most part the Top 100 (http://conecaonline.org/content/Top100Jeffs.htm) then it is hard to know what the market price would be. I buy slabbed varieties on ebay or Teletrade (both top 100 and minor) if the price is right but have to be careful not to get in a bidding war and pay more than what you had preset in your mind. Most varieties can be cherried at shows and coin shops if you have access (haven't been to a show where I haven't found at least a few RPM's or DD's). Check slabs as well for unattributed varieties (I have purchased many varieties slabbed by PCGS and NGC with both major and minor unattributed varieties). To anwser your question if you did good on a 1939'-DDO-DIE 1 & DDR-DIE 7 Jefferson Nickel MS-65 ,graded by Anacs for $ 60.00 It sounds a little high for the variety but not outragous (I have certainly done worse over the years). For the specific varieties that you are looking for set up a favorite search on ebay and a Mr. Wantlist on Teletrade they will show up and again decide what your willing to pay for them in the various conditions before they show up you will eventually get them! I have kind of set in my mind a threshold of the max premium I'll pay for a minor variety over the fair market value of the particular date without a variety and that has tended to serve me well. Hope this helps and hope you continue to hang around the variety nickel forum (gets lonely down here sometimes LOL)! Many have come and many no longer are around here anymore.
I agree with Nickelman on the numismatic literature... those are excellent choices and will give you a good idea as to rarity and prices''
