It is most assuredly NOT cherried. I paid a handsome price for it, but I think it's worth it. It's actually in an NGC AU-58 holder, but in my opinion (and in that of a dealer I know who specializes in Jeffersons) it's more likely uncirculated, probably about MS-63. I'll post more pics in the near future. I'm having a problem with my setup right now, which is why the ones I posted are so bad.
It's not just you... The FS-022 variety is doubling of "MONTICELLO" and "FIVE CENTS." It is a very profound doubling, and not really mistakeable. There is a more minor variety, FS-022.5, which has minor doubling of some of the letters, and is actually said to be a quadrupling of some areas, but it does not compare to the striking doubling of this variety.
That is an awesome coin Borgovan. I also love Nickelman's coin. What magnification do you guys use when looking for doubling and full steps?
I use x10 when cherrypicking to quickly look for varieties then when I believe I've found a DD or RPM and it is not a obvious major variety I'll use a x24 to double check before purchase and for attributing the actual variety once I get home.
I also use a 10x loupe. I have a 16x loupe, but it's very tiny and I rarely use it. If I can't see it with a 10x glass, I don't much care about it. I took those pictures through my microscope, though. I have lenses for 20x and 40x.
You should be able to see the steps with a 5x glass. If it is a magnifying glass, though, there may be some distortion of the lens which makes it more difficult. With a 5x loupe I bet you'd have no problem. You may want to consider a 10x loupe. You can get a decent one for $10-15.