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<p>[QUOTE="Lehigh96, post: 1427675, member: 15309"]Crackout Victim? You know, the last guy to own a coin before someone cracked it out of it's holder and promptly submitted it for an upgrade. I bought the rarest of the Jefferson Nickel varieties in July 2010 for $5,175.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickel%20Registry/JeffersonNickel1942-DOverHorizontal.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickel%20Registry/JeffersonNickel1942-DOverHorizon-1.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>The 1942-D over Horizontal D is the undisputed king of Jefferson varieties. The re-punched mint mark was first punched horizontally with the curved side facing down and then corrected. The over mint mark is visible to the naked eye and plainly seen under a glass. Only 122 coins have been graded in all grades with only a scant 14 graded in mint state. Heritage described the coin as "Dusky golden-brown toning overlies this satiny, unabraded, and nicely struck near-Gem." This is a very nice way of saying that the luster is completely muted on the coin. There is some remaining luster on the reverse but the obverse is completely flat. The coin is very clean and if the luster were better, this coin would most certainly be the highest graded 1942-D/D in existence. The strike is very good and the steps are stopped only by the softness under the 3rd pillar that typically plagues the series. Using the quarter step method, I grade the steps 5-5-2-5. Formerly FS-027, now FS-501: CONECA: RPM-001. In MS64 the variety has a population of 5/5 with all 5 higher graded MS65 and the PCGS price guide in MS64 is $7,000 (7/10). Here are the Heritage photos and link.</p><p><br /></p><p><img src="http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f5%2f6%2f2%2f4%2f5624104.jpg%5d%2ccontinueonerror%5btrue%5d&scale=size%5b450x2000%5d%2coptions%5blimit%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /><img src="http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f5%2f6%2f2%2f4%2f5624105.jpg%5d%2ccontinueonerror%5btrue%5d&scale=size%5b450x2000%5d%2coptions%5blimit%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><a href="http://coins.ha.com/c/item.zx?saleNo=1142&lotNo=3411" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1142&lotNo=3411" rel="nofollow">1942-D over Horizontal D Jefferson Nickel PCGS MS64 $5,175</a></p><p><br /></p><p>In September 2011, I had a very bad feeling about the way my job situation was going and decided to liquidate most of my high value coins including my 1942-D over Horizontal D. For whatever reason, the Heritage photographer really yucked this one up and I ended up losing almost $900 in the sale, photos and link below.</p><p><br /></p><p><img src="http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f7%2f0%2f3%2f9%2f7039287.jpg%5d%2ccontinueonerror%5btrue%5d&scale=size%5b450x2000%5d%2coptions%5blimit%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /><img src="http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f7%2f0%2f3%2f9%2f7039289.jpg%5d%2ccontinueonerror%5btrue%5d&scale=size%5b450x2000%5d%2coptions%5blimit%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><a href="http://coins.ha.com/c/item.zx?saleNo=1160&lotNo=3423" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1160&lotNo=3423" rel="nofollow">1942-D over Horizontal D Jefferson Nickel PCGS MS64 $4887.50</a></p><p><br /></p><p>So if losing money on the transaction wasn't bad enough, now I find the same coin in yet another Heritage Auction, but this time it resides in an MS65 holder and will most certainly sell for $8,000 or more.</p><p><br /></p><p><img src="http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f8%2f1%2f9%2f1%2f8191724.jpg%5d%2ccontinueonerror%5btrue%5d&scale=size%5b450x2000%5d%2coptions%5blimit%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /><img src="http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f8%2f1%2f9%2f1%2f8191725.jpg%5d%2ccontinueonerror%5btrue%5d&scale=size%5b450x2000%5d%2coptions%5blimit%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><a href="http://coins.ha.com/c/item.zx?saleNo=1171&lotIdNo=25083" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/c/item.zx?saleNo=1171&lotIdNo=25083" rel="nofollow">1942-D over Horizontal D Jefferson Nickel PCGS MS65 ?</a></p><p><br /></p><p>Anyone want to venture a guess as to how much this will sell for in it's new holder?</p><p><br /></p><p>If you have a crackout victim story of your own, please share it, I could use the camaraderie.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 1427675, member: 15309"]Crackout Victim? You know, the last guy to own a coin before someone cracked it out of it's holder and promptly submitted it for an upgrade. I bought the rarest of the Jefferson Nickel varieties in July 2010 for $5,175. [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickel%20Registry/JeffersonNickel1942-DOverHorizontal.jpg[/IMG] [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickel%20Registry/JeffersonNickel1942-DOverHorizon-1.jpg[/IMG] The 1942-D over Horizontal D is the undisputed king of Jefferson varieties. The re-punched mint mark was first punched horizontally with the curved side facing down and then corrected. The over mint mark is visible to the naked eye and plainly seen under a glass. Only 122 coins have been graded in all grades with only a scant 14 graded in mint state. Heritage described the coin as "Dusky golden-brown toning overlies this satiny, unabraded, and nicely struck near-Gem." This is a very nice way of saying that the luster is completely muted on the coin. There is some remaining luster on the reverse but the obverse is completely flat. The coin is very clean and if the luster were better, this coin would most certainly be the highest graded 1942-D/D in existence. The strike is very good and the steps are stopped only by the softness under the 3rd pillar that typically plagues the series. Using the quarter step method, I grade the steps 5-5-2-5. Formerly FS-027, now FS-501: CONECA: RPM-001. In MS64 the variety has a population of 5/5 with all 5 higher graded MS65 and the PCGS price guide in MS64 is $7,000 (7/10). Here are the Heritage photos and link. [img]http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f5%2f6%2f2%2f4%2f5624104.jpg%5d%2ccontinueonerror%5btrue%5d&scale=size%5b450x2000%5d%2coptions%5blimit%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d[/img][img]http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f5%2f6%2f2%2f4%2f5624105.jpg%5d%2ccontinueonerror%5btrue%5d&scale=size%5b450x2000%5d%2coptions%5blimit%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d[/img] [URL="http://coins.ha.com/c/item.zx?saleNo=1142&lotNo=3411"]1942-D over Horizontal D Jefferson Nickel PCGS MS64 $5,175[/URL] In September 2011, I had a very bad feeling about the way my job situation was going and decided to liquidate most of my high value coins including my 1942-D over Horizontal D. For whatever reason, the Heritage photographer really yucked this one up and I ended up losing almost $900 in the sale, photos and link below. [img]http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f7%2f0%2f3%2f9%2f7039287.jpg%5d%2ccontinueonerror%5btrue%5d&scale=size%5b450x2000%5d%2coptions%5blimit%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d[/img][img]http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f7%2f0%2f3%2f9%2f7039289.jpg%5d%2ccontinueonerror%5btrue%5d&scale=size%5b450x2000%5d%2coptions%5blimit%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d[/img] [URL="http://coins.ha.com/c/item.zx?saleNo=1160&lotNo=3423"]1942-D over Horizontal D Jefferson Nickel PCGS MS64 $4887.50[/URL] So if losing money on the transaction wasn't bad enough, now I find the same coin in yet another Heritage Auction, but this time it resides in an MS65 holder and will most certainly sell for $8,000 or more. [img]http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f8%2f1%2f9%2f1%2f8191724.jpg%5d%2ccontinueonerror%5btrue%5d&scale=size%5b450x2000%5d%2coptions%5blimit%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d[/img][img]http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f8%2f1%2f9%2f1%2f8191725.jpg%5d%2ccontinueonerror%5btrue%5d&scale=size%5b450x2000%5d%2coptions%5blimit%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d[/img] [URL="http://coins.ha.com/c/item.zx?saleNo=1171&lotIdNo=25083"]1942-D over Horizontal D Jefferson Nickel PCGS MS65 ?[/URL] Anyone want to venture a guess as to how much this will sell for in it's new holder? If you have a crackout victim story of your own, please share it, I could use the camaraderie.[/QUOTE]
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