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GTG 1943-P Jefferson Nickel (NGC)
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<p>[QUOTE="Lehigh96, post: 8012612, member: 15309"]There is a lot to unpack with this coin, so let's start with the assigned grade.</p><p><br /></p><p><img src="https://i.imgur.com/7Vn3npg.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>I purchased this coin on eBay from a really bad photograph, which basically meant I bought it sight unseen. I am building a set of war nickels that all have label designations and the 43-P is one of the tougher dates to get with toning so I bought the coin solely for the T designation. What I got was a coin that had barely any toning whatsoever. This in itself isn't really that rare, as I have seen many Jefferson Nickels in generation 8 NGC holders with the T designation assigned to barely toned coins. I think the graders were being instructed to either choose the W or the T when they graded a coin, but the practice only lasted as long as the generation 8 holder, which was about 2 months in late 2000.</p><p><br /></p><p>I posted a photo of the coin on a different forum and was contacted by a member who stated that he purchased and returned the coin because he thought the holder was tampered with and the coin was swapped. Since the coin was graded in 2000 before NGC photographed all the coins, that avenue was closed. There are some areas on the edges (seams) of the holder where the plastic protrudes, but I have seen this on other coins as well.</p><p><br /></p><p>My thought was to post the coin here as a GTG to see if the majority of the grades were within one grade of the assigned MS67 grade. Personally, I don't see anything wrong with the assigned grade and think it looks fine in an MS67 holder and I think it is highly unlikely that the coin was swapped out.</p><p><br /></p><p>Now onto the question of whether or not this coin is an undesignated 43/2-P. Below are two photos, the first is this coin, and the second is a designated 43/2-P.</p><p><br /></p><p><img src="https://i.imgur.com/g0NQepN.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><img src="https://i.imgur.com/Ehi98iv.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>The diagnostic for the 43/2-P is that the spike is directed towards the inner curvature of the 3, and that the base of the two is visible in the bottom curve of the 3. We see clearly that both of these are present in the second photo. However, in the first photo, the base of the 2 is not there, and the spike is directed more vertically to the left of the mid-point of the 3. This coin displays what Nagengast refers to as a "spur die break" which is often confused for the 43/2-P overdate.</p><p><br /></p><p>I have owned several 43/2-P overdates in my life, but this coin is my first encounter with the 43-P die spike. So while I was disappointed that the "T" designated coin had no toning, I am thrilled that I finally acquired a 43-P die spike for my collection.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 8012612, member: 15309"]There is a lot to unpack with this coin, so let's start with the assigned grade. [IMG]https://i.imgur.com/7Vn3npg.jpg[/IMG] I purchased this coin on eBay from a really bad photograph, which basically meant I bought it sight unseen. I am building a set of war nickels that all have label designations and the 43-P is one of the tougher dates to get with toning so I bought the coin solely for the T designation. What I got was a coin that had barely any toning whatsoever. This in itself isn't really that rare, as I have seen many Jefferson Nickels in generation 8 NGC holders with the T designation assigned to barely toned coins. I think the graders were being instructed to either choose the W or the T when they graded a coin, but the practice only lasted as long as the generation 8 holder, which was about 2 months in late 2000. I posted a photo of the coin on a different forum and was contacted by a member who stated that he purchased and returned the coin because he thought the holder was tampered with and the coin was swapped. Since the coin was graded in 2000 before NGC photographed all the coins, that avenue was closed. There are some areas on the edges (seams) of the holder where the plastic protrudes, but I have seen this on other coins as well. My thought was to post the coin here as a GTG to see if the majority of the grades were within one grade of the assigned MS67 grade. Personally, I don't see anything wrong with the assigned grade and think it looks fine in an MS67 holder and I think it is highly unlikely that the coin was swapped out. Now onto the question of whether or not this coin is an undesignated 43/2-P. Below are two photos, the first is this coin, and the second is a designated 43/2-P. [IMG]https://i.imgur.com/g0NQepN.jpg[/IMG] [IMG]https://i.imgur.com/Ehi98iv.jpg[/IMG] The diagnostic for the 43/2-P is that the spike is directed towards the inner curvature of the 3, and that the base of the two is visible in the bottom curve of the 3. We see clearly that both of these are present in the second photo. However, in the first photo, the base of the 2 is not there, and the spike is directed more vertically to the left of the mid-point of the 3. This coin displays what Nagengast refers to as a "spur die break" which is often confused for the 43/2-P overdate. I have owned several 43/2-P overdates in my life, but this coin is my first encounter with the 43-P die spike. So while I was disappointed that the "T" designated coin had no toning, I am thrilled that I finally acquired a 43-P die spike for my collection.[/QUOTE]
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