GTG 1944-D Jefferson Nickel (NGC) #2

Discussion in 'US Coins Forum' started by Lehigh96, Apr 2, 2021.

?

Guess the Assigned Grade (NGC)

  1. AU58

  2. MS60-63

  3. MS64

  4. MS65

  5. MS66

  6. MS67

  7. Other (Please Explain in Comments)

  8. 5FS (Five Full Steps)

  9. NOT FS (Please explain in Comments)

  10. + Grade

Multiple votes are allowed.
Results are only viewable after voting.
  1. eddiespin

    eddiespin Fast Eddie

    How funny. So I’ll repeat myself, but this time on the right coin:
     
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  3. Lehigh96

    Lehigh96 Toning Enthusiast

    I think if you saw this coin in hand, you would like it as an MS67. IMO, it is very strong coin and I really wasn't expecting that when I bought it.
     
  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    As a MS-67 I'd leave as is and forget the steps. Not worth the effort or money to get a FS. It may come back as a 66 FS but that wouldn't be as good as it is now.
     
    Cheech9712 likes this.
  5. Lehigh96

    Lehigh96 Toning Enthusiast

    I’m not cracking it out, I’m resubmitting in the current holder for Regrade. It is guaranteed to come back at least MS67. The only downside is that if it comes back just MS67, I will have paid $25 for a reholder.
     
    Cheech9712 likes this.
  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    Got it. My best for you to get the FS.
     
  7. eddiespin

    eddiespin Fast Eddie

    The grader saw it that exact way. They know cuts when they see them, just like we do. The grader made the call, this is the exception to the rule.
     
  8. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    I wouldn't take the chance on a regrade. With all the questionable contact in and around the steps? A 66FS would be more reasonable than a 67FS.
     
  9. Lehigh96

    Lehigh96 Toning Enthusiast

    They can’t downgrade a regrade, it is guaranteed to come back MS67. The obverse is spectacular and the coin looks tremendous in hand. I have no worries.
     
    Cheech9712 likes this.
  10. cplradar

    cplradar Talmud Chuchum

    Hence gradeflation. It can't work any other way.
     
  11. Lehigh96

    Lehigh96 Toning Enthusiast

    The coin was graded in 2004, what are you talking about?
     
  12. cplradar

    cplradar Talmud Chuchum


    and that matters how? When you can submit it and the grade can only go up and never down, that is gradeflation. It is pressue for coining grades to always rise
     
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  13. Lehigh96

    Lehigh96 Toning Enthusiast

    Ok, I misunderstood what you were saying. It still isn’t gradeflation though, as the coin has almost no chance to upgrade. In previous years, I would have submit the coin under what was called “designation review” which carried a fee of $12.

    Since NGC discontinued the designation review service, my only recourse is to submit it for “Regrade” which is different from cracking and resubmitting.

    They can’t assign a lower grade because of their grade guarantee. Now I don’t know how many people avail themselves of the “Regrade” services offered by the TPGs, but my guess is that it is a drop in the bucket compared to the crackout & resubmissions of conditional rarities that are the primary source of gradeflation.
     
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  14. Phil's Coins

    Phil's Coins Well-Known Member

    Not fs. Marks on steps disqualifies as fs.
     
  15. Mac McDonald

    Mac McDonald Well-Known Member

    You're forgetting or not aware of the +1 policy/rule. If only 4 full steps they add 1 to make 5...and FS.
     
    Last edited: Apr 5, 2021
  16. Stevearino

    Stevearino Well-Known Member

    @Lehigh96, I am about to submit a number of high-grade war nickels. If submitting raw, do you usually go with NGC or PCGS?

    Steve
     
  17. Mcpix

    Mcpix Member

  18. Lehigh96

    Lehigh96 Toning Enthusiast

    That depends on the coin. If the coin has full steps, but is weak in any area at all, I choose PCGS. For toned coins or coins that don't have full steps, I usually go with NGC, but again, it is a coin by coin decision. If you have any questions about specific coins, feel free to PM me.

    Paul
     
    Morgandude11 likes this.
  19. Cheech9712

    Cheech9712 Every thing is a guess

    You gotta
     
  20. Mcpix

    Mcpix Member

    If you crack out a coin before you resubmit, it can most certainly be downgraded.
     
  21. Lehigh96

    Lehigh96 Toning Enthusiast

    I agree, but I also specifically stated that I am not cracking the coin out, I am using the NGC "Regrade" service.
     
    Stevearino likes this.
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