Please guess the grade of the 1940-S Jefferson Nickel shown below. I have attached a poll for you to cast your vote and you may select up to 3 different things: the numerical grade, the 5FS or 6FS or Not FS, and + grade. I mentioned in the title that this GTG had a bonus. This coin is from my most recent submission, and in fact, I don't even have the coins in hand yet so it may take a while to do the reveal. That said, I cracked this coin out from another slab (not PCGS), so if you feel brave, take a guess as to the name of the initial grading company and their assigned grade if you wish and respond in the comments below. Please don't forget to vote in the poll about how you think NGC graded the coin, and as always, comments welcome.
66 5 FS. The coin is very clean in terms of absence of nicks. It has appealing tone on the obverse. The strike is weak, from dies that look badly worn—that makes the Monticello building look rather weak. The reverse die looks like it had greater wear than the obverse. That makes me wonder if the dies were misaligned in terms of pressure. Luster is kind of muted for a gem MS coin. I would have said 65 FS from the muted luster, but think the surface preservation carries the ball over the 66 line. Interesting coin, as it is clean, but not snappy, nor does it scream out with luster, yet it has clean surfaces.
MS 66+ 6FS Original holder guess: newer gold PCI: MS 67 The steps look to be all there (a bit of weakness but none are interrupted enough to prevent the 6FS). The coin is also very clean but it just doesn’t have enough for me to call it a 67. The two scrapes on the reverse (between Five and Monticello) I believe are the only minor issue with the coin (and they are quite minor).
I voted 66 5FS, but what struck me is how soft Monticello is and yet the steps look fine. I would think that on a severely worn die, that the steps would be the first to go "soft." But what do I know?
I wondered about doubling on the obverse, especially in “We Trust.” I would think it is more a function of poorly aligned dies, IMO.
I think originally it was MS65 Five FS. This time I think it will come back as MS66 - 6FS. Lovely clean appearance but I think you know the images are muting the luster a bit and are secretly hoping for MS67-6FS. As you say, time will tell and I can't wait to see the result when you get it back. Good luck, nice looking coin
I gave it a 66/5 but wouldn’t be surprised if it hit better on both. It’s that hard for me to find something I don’t like about this one.
I’m going to stay conservative on this one and say 66-6FS. Looks very clean, but I’m not sure how they are going to treat the weakness on the reverse. Very well could pick up the + but will be interesting to see how it turns out.
Bonus Reveal: 1940-S Jefferson Nickel SEGS MS65 MS65 6FS Like most of you, my first impression of this coin was a solid MS66 6FS, so I decided that it was worth the grading fee to try to get the upgrade and at the very least get it into an NGC slab which is much more liquid than the SEGS slab, no matter the assigned grade. The only question now is, did I succeed? The reveal will take place sometime next week when I get the coins in hand.
The 4 seems to match DDO-001 on Variety vista. I don't think it is a recognized variety by NGC. I believe it has to have an FS# in order to qualify. I am at 65 6fs. Pretty coin even with the die deterioration. Those eye-catching dings on the reverse keep it from 66.