Message:

<p>[QUOTE=&quot;Lehigh96, post: 604376, member: 15309&quot;]Also keep in mind that NGC used to require 6 full steps for the FS designation.&nbsp; A few years back they caved to public pressure and created the 5FS and 6FS designations.&nbsp; PCGS has always considered 5FS full steps.&nbsp; Therefore, comparing the designation across TPG&#039;s is very dangerous because they have different standards and PCGS is decidedly more lenient in their application of the FS designation.&nbsp; IMO, Numismedia would have to provide two different prices for the full step designations.&nbsp; Furthermore, the populations of many NGC full step Jeffersons is so small that it is practically impossible to give an accurate price listing for many dates.</p><p><br /></p><p>The Jefferson series as a whole is very difficult to price using the price guides.&nbsp; PCGS is almost a whole grade tougher with these coins and the poplulation reports support that claim.&nbsp; NGC is much tougher with the FS designation which has the biggest effect on price with respect to Jeffersons.&nbsp; This presents a nightmare when trying to assign a value to a Jefferson Nickel.</p><p><br /></p><p>Let me explain what I mean.&nbsp; Look at this 1949-D graded MS66 FS by PCGS and sold for $138 by Heritage in March, 2009.</p><p><br /></p><p><a href="http://coins.ha.com/common/view_item.php?Sale_No=1126&amp;Lot_No=8044#photo" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=1126&amp;Lot_No=8044#photo" rel="nofollow">http://coins.ha.com/common/view_item.php?Sale_No=1126&amp;Lot_No=8044#photo</a></p><p><br /></p><p>If you look closely at the steps, you will see a bridge on steps 2 &amp; 3 between the third and fourth pillar.&nbsp; No way NGC gives this coin the 5FS designation.&nbsp; If you look at the population reports, PCGS is 67/2 while NGC is 8/0.&nbsp; Obviously, the FS designation on the NGC holder is more rare.&nbsp; Does that mean an NGC MS66 5FS should be more valuable than the PCGS coin which is valued by PCGS price guide at $250?</p><p><br /></p><p>Before you answer, consider that this coin if graded by NGC would almost certainly be an MS67.&nbsp; The surfaces are very clean for a 66 and the luster appears to be oustanding.&nbsp; Luster is very important to NGC&#039;s grading of Jefferson Nickels.&nbsp; If you look at the population reports of the non full step 1949-D Jefferson Nickel in MS67, they are reversed.&nbsp; The PCGS population is 6/0 while NGC is 94/0 with a Numismeda tag of only $53 while PCGS price guide is $250.</p><p><br /></p><p>After digesting all that, tell me what the value of that coin is?&nbsp; Collecting high grade Jefferson Nickels is no joke.&nbsp; If you don&#039;t know how to grade the coins using both TPG&#039;s standards you are a dead duck.&nbsp; Even if you do know, pricing the coins is best accomplished by looking at all of the price guides in combination with past auction prices realized.</p><p><br /></p><p>I know this is way more than you asked for but I think it is good information for anyone interested in Jefferson Nickels to know.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in