I have yet to see a Reverse Proof Jefferson nickel that did not deserve an "Impaired" designation. While the reverses are 69 or 70, the obverses are scuffed up. I don't know how the other TPGS's are grading these but you better buy the coin and not the label!! We have graded one coin PR-67. The rest are 64 and lower. One of these that is a true 70 may end up priced at $,$$$
Yikes! I wouldn't expect their prized reverse proof gimmick to be so--what's the word, yuck? Thanks for fighting the good fight.
@Insider Skip, do you know if these are being packaged by the Mint or are they packaged by a contractor?
I have no idea but some come in raw and some come in original package - not one coin is a keeper; yet the reverses are just about all perfect.
I stumbled upon this clip of the reverse proof cents being produced, i can't imagine the nickels are being treated any better
This explains a lot. The coins in the towel are just planchets. He cannot hurt them doing what he is doing. Watching the coins after they are struck and packaged EXPLAINS WHY the cents are usually scuffed up on the shield yet their obverses look as perfect as they should. I'm going to guess that the nickels come off the press and are packaged FACE DOWN.
Yuck! I don't find myself especially attracted to these reverse proofs, but this makes me want to stay away from the set. was gonna get 2020 for graduation year, but instead I think I'll get 2024
Thanks for the heads-up! I'm no fan of reverse proofs in general, but I wouldn't be above speculating on them. You've removed any such temptation here. (Sure, maybe there are some 70s out there, but I'm not interested in gambling on finding one.)
Will someone here who is also a member of Collector's Universe please post this warning on their US Coin Forum for my friends over there. Thanks.