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Jefferson Nickel: PCGS Full Steps? Yes or NO!
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<p>[QUOTE="Lehigh96, post: 4960846, member: 15309"]I understand that, but the auction house gave you what I consider a "book response." In practice, it isn't that simple. I have seen hundreds of coins with steps similar to this coin obtain the FS designation from PCGS.</p><p><br /></p><p>My broader point is that the standard that the auction house quoted you "steps must have no interruptions period" is flat out wrong when dealing with PCGS's application of the Full Step designation. I have quoted below PCGS's own written standard from the PCGS OFFICIAL GUIDE TO COIN GRADING AND COUNTERFEIT DETECTION.</p><p><br /></p><p>"Full Steps (FS) is the designation following the numerical grade of some regular strike uncirculated Jefferson Nickels that have at least five separated steps (lines) at the base of Monticello. Any <b>major disturbance or interruption </b>of those steps or lines, whether caused by contact, planchet problems, or another source, will result in the coin's not being designated FS. Only the slightest weakness on any step (line) is allowed for the designation."</p><p><br /></p><p>PCGS plainly admits in their own standards that disturbances of the steps are allowed as long as they are slight. I don't mind that people think the coin isn't full steps, but I am trying to get them to tell me exactly where they see a disturbance so we can then discuss whether or not the severity of the disturbance is disqualifying or not. Personally, I give the coin only a 50/50 chance at full steps, and I will explain my reasons for that a little later in the thread.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 4960846, member: 15309"]I understand that, but the auction house gave you what I consider a "book response." In practice, it isn't that simple. I have seen hundreds of coins with steps similar to this coin obtain the FS designation from PCGS. My broader point is that the standard that the auction house quoted you "steps must have no interruptions period" is flat out wrong when dealing with PCGS's application of the Full Step designation. I have quoted below PCGS's own written standard from the PCGS OFFICIAL GUIDE TO COIN GRADING AND COUNTERFEIT DETECTION. "Full Steps (FS) is the designation following the numerical grade of some regular strike uncirculated Jefferson Nickels that have at least five separated steps (lines) at the base of Monticello. Any [B]major disturbance or interruption [/B]of those steps or lines, whether caused by contact, planchet problems, or another source, will result in the coin's not being designated FS. Only the slightest weakness on any step (line) is allowed for the designation." PCGS plainly admits in their own standards that disturbances of the steps are allowed as long as they are slight. I don't mind that people think the coin isn't full steps, but I am trying to get them to tell me exactly where they see a disturbance so we can then discuss whether or not the severity of the disturbance is disqualifying or not. Personally, I give the coin only a 50/50 chance at full steps, and I will explain my reasons for that a little later in the thread.[/QUOTE]
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Jefferson Nickel: PCGS Full Steps? Yes or NO!
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