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<p>[QUOTE="Lehigh96, post: 1374232, member: 15309"]I am not sure what some of you are looking at but this 1950-D Jefferson is a solid MS65 5FS by PCGS standards and has an outside chance at MS66 5FS by NGC standards. That is assuming that the steps are indeed full and that there is not a small bridge being hidden by the small photos. Either way, there is nothing wrong with submitting this coin for grading. Lets put it this way! If I had seen this auction, you probably would have paid more than $16. I don't need one for my album collection as I picked up this little toner for $40 back in 2010. There is a bridge between the 4th & 5th steps under the second pillar preventing a full step designation.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%20Raw/JeffersonNickel1950-DANACSMS65.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>As for the key date debate, lowest mintage should not be the qualification for key date status. The qualifier should be the number of coins extant. Outside of the war nickels, the 1950-D has the highest graded population in premium gem. Here are just the NGC populations:</p><p><br /></p><p>1950-D MS66: 1242/21</p><p>1950-D MS66 5FS: 184/14</p><p>1950-D MS66 6FS: 35/0</p><p><br /></p><p>The 1950-D does not become difficult to find until you reach the MS67 FS level where there are less than 20 graded by both TPG's. Now some will argue that the 1950-D submissions are inflated because of the key date status that was anointed by the low mintage. And to some extent, the argument is valid. The reputation certainly drove extra submissions, but it is impossible to deny that 1950-D is common in MS66 and is not the key date to the series. However, the same argument can be made about the 1939-D which also had a low mintage. Here are the NGC populations:</p><p><br /></p><p>1939-D Rev 38 MS66: 107/41</p><p>1939-D Rev 38 MS66 5FS: 1/1</p><p>1939-D Rev 40 MS66: 122/46</p><p>1939-D Rev 40 MS66 5FS: 4/0</p><p><br /></p><p>From these populations it is clear that the 1939-D is actually rare in full steps and much more scarce than the 1950-D. However, when compared to the premium gem populations of most of the date/mm of the Jefferson Nickel series, the 1939-D is not scarce at all and I don't consider it the key date to the series either. The real key date to the Jefferson Nickel series is the 1939-S Rev 40. Don't believe me? Try to find one in premium gem. Here are the NGC populations:</p><p><br /></p><p>1939-S Rev 40 MS66: 8/3</p><p>1939-S Rev 40 MS66 5FS 1/0</p><p><br /></p><p>Anyway, I think Rodeoclown got a fantastic deal on his new Jefferson Nickel and offer him congratulations.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 1374232, member: 15309"]I am not sure what some of you are looking at but this 1950-D Jefferson is a solid MS65 5FS by PCGS standards and has an outside chance at MS66 5FS by NGC standards. That is assuming that the steps are indeed full and that there is not a small bridge being hidden by the small photos. Either way, there is nothing wrong with submitting this coin for grading. Lets put it this way! If I had seen this auction, you probably would have paid more than $16. I don't need one for my album collection as I picked up this little toner for $40 back in 2010. There is a bridge between the 4th & 5th steps under the second pillar preventing a full step designation. [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%20Raw/JeffersonNickel1950-DANACSMS65.jpg[/IMG] As for the key date debate, lowest mintage should not be the qualification for key date status. The qualifier should be the number of coins extant. Outside of the war nickels, the 1950-D has the highest graded population in premium gem. Here are just the NGC populations: 1950-D MS66: 1242/21 1950-D MS66 5FS: 184/14 1950-D MS66 6FS: 35/0 The 1950-D does not become difficult to find until you reach the MS67 FS level where there are less than 20 graded by both TPG's. Now some will argue that the 1950-D submissions are inflated because of the key date status that was anointed by the low mintage. And to some extent, the argument is valid. The reputation certainly drove extra submissions, but it is impossible to deny that 1950-D is common in MS66 and is not the key date to the series. However, the same argument can be made about the 1939-D which also had a low mintage. Here are the NGC populations: 1939-D Rev 38 MS66: 107/41 1939-D Rev 38 MS66 5FS: 1/1 1939-D Rev 40 MS66: 122/46 1939-D Rev 40 MS66 5FS: 4/0 From these populations it is clear that the 1939-D is actually rare in full steps and much more scarce than the 1950-D. However, when compared to the premium gem populations of most of the date/mm of the Jefferson Nickel series, the 1939-D is not scarce at all and I don't consider it the key date to the series either. The real key date to the Jefferson Nickel series is the 1939-S Rev 40. Don't believe me? Try to find one in premium gem. Here are the NGC populations: 1939-S Rev 40 MS66: 8/3 1939-S Rev 40 MS66 5FS 1/0 Anyway, I think Rodeoclown got a fantastic deal on his new Jefferson Nickel and offer him congratulations.[/QUOTE]
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