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<p>[QUOTE=&quot;Lehigh96, post: 2020047, member: 15309&quot;]One thing to remember is that the full step designation is different for the reverse of 38 and reverse of 40.&nbsp; With the reverse of 40, you look for interruptions in the lines and bridges.&nbsp; With the reverse of 38, there will always be bridges so what you look for is an uninterrupted 5th step.&nbsp; Shown below is an example of a reverse of 38 with a FS designation.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%20Full%20Steps/JN1938PCGSMS66FSSteps1_zps89964700.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Notice all the bridges of the lines and there is even a mark in the middle, but the bottom step is complete even if it does show some narrowing in areas.&nbsp; I also look for the lines to be complete between the 1st &amp; 2nd pillars for the reverse of 38.&nbsp; It is definitely more difficult and subjective to assign the FS designation for the reverse of 38.&nbsp; Furthermore, since the designation has a significant impact on value on all of the reverse of 38 coins, the validity of the designation should be scrutinized before buying.</p><p><br /></p><p>With respect to the overall consistency of the full step designation, one only needs to look at the population reports to see that NGC is far more conservative in their application of the FS designation than PCGS.&nbsp; This does not mean that there are not valid full step coins graded by PCGS, there are.&nbsp; It also does not mean that NGC has not blown a couple along the way.&nbsp; Here is an example of a 1948 NGC 5FS where the graders must have thought the line that breaks all of the steps was the left most part of the design.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%20Full%20Steps/JN1948NGCMS665FSSteps_zps9dba858d.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>That said, the buyer should always scrutinize every full step designation awarded by PCGS because of their track record.&nbsp; Finding a bad 5FS designation awarded by NGC is rather difficult and because of their rarity, you can usually unload them for a decent price if you get one.</p><p><br /></p><p>Also please keep in mind that the 5th &amp; 6th step being fused does not affect the full step designation unless you are talking about the NGC 6FS designation.&nbsp; Otherwise, they only require 5 complete steps for the PCGS FS and NGC 5FS designation.[/QUOTE]</p><p><br /></p>

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