You and Mike both pointed to an area of weakness between the 3rd & 4th steps under the second pillar. While I see what you are talking about in the photo, that bridge is not apparent under a loupe. I would give the coin a full step designation. However, knowing how stingy NGC is with the designation, I think it would be 50/50.
Not so fast. Since I stated it was PCGS and it is borderline in the photo, I would still have guessed full steps. If it were NGC, you would have to vote no to the FS designation based on the photo.
point taken. I do pride myself on being very strict in my grading. I really like the Jefferson series as I think you may have noticed over time. Of course I made up for missing the FS by overgrading the coin itself.