Need advice from Jefferson stop nickel collectors

I gotta start sending some of my coins in for certification. I think I have been WAAAAY under estimating their grades . . . . ..

 

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Understood. I think one of the best ways to grade Jefferson nickels is to look at him very close up and try to decide whether he won his bar fight or lost it. If he won the fight it’s probably an MS 66. If it looks like he got hauled to jail for public fighting and beat up there too then it’s probably a 63 or below.

 

That's too funny . . . .

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No chance. Look at the fields in the reverse. Far too many contact marks. Be happy with the fact that it is likely a 65. I would not send it in for grading, as the cost/value ratio is just too low.

 

@stevereecy ...please read post #16. I think you may have missed it...TY...Spark

 

Tried to take better pictures

 

...not seeing 6FS from your photos. I did see 5FS from the earlier pics...imo. Thanks for the updated pics...Spark

 

First the good news. Those new photos look more representative and the coin really is special.

Now the bad news. I believe it is too rough to get a very high grade and that it is not at all uncommon with FS. I would think it will either go MS-66+ w/ FS or possibly just MS-66 FS.

The services and the modern markets are brutal and only the very finest coins are worth the cost of submission. There is so little demand that even this coin which is well up into the 99.9999 %ile of all '73 nickels has too low a premium to warrant grading. It is in about the 99th %ile of mint set coins as made.

It's a keeper I'd grade at about $30.

 

I'm no grading specialist either. But I only count 5 full steps. Nice specimen for sure. That ding on his cheek is going to keep it from 67 and probably even from 66. With my opinions stated now, I am surprised sometimes how done nickles grade 66 or better with the marks they have.

 

Thanks for all the opinions. It’s good because it keeps my emotions in check. I consider it a “shot 67“ and since it’s worth more in the slab then out of the slab I’ll probably send it off just to gamble. I know I have a dog in this hunt but I think it could go either way. I guess my next question is with a coin like this does it make sense to send it to NGC or find a way to get it to PCGS instead? Does NGC give out plus grades? I know they give out stars.

 

Yes, NGC also has the + grade. PCGS is harsher on numerical grade, and NGC is tougher on 5FS, but this coin is a no brainer 5FS, so you are better off sending it to NGC. Based on the photos, the coin looks to be a solid MS66 with a shot at MS66+. Without spectacular toning or blazing luster, MS67 is really off the table.

 

Great. Thank you so much. That dovetails well with my plans to send off four or five ancient coins. I’m not subscribed to NGC or PCGS so that fits in my plans. I’m guesstimating it’ll take about six weeks for all this to happen before I get the coin back so I will update this thread just to give the rest of the story for those following. I’m grateful for all the help here.

 

Very nice coin gotta be full steps. I’ll Be surprised if not

 

Well said

 

I was wrong, I had two 1973 Jeffs in my last submission. One graded MS66, the other MS66 5FS. I will post photos of both when I get them back next week.

 

The fact that there is a very low demand for Jefferson nickels in general either in MS or proof state ,plus the fact the cost of grading this specimen would be more than it's worth.
I see a 64 nickel with possible full steps....as a nickel collector with two completed proof and ms Jeffersons there is no real market ,even the top varieties have loss value.
I am glad that I sold all my higher grades and variety specimens years ago.
I recall selling an ms 65 double Monticello for $1500. Wow Did I make out on that...as that same coin today dealers may be asking that price but arent selling any at that price.
I love the series but they hold no value or real interest in todays market.
I be lucky to get $300. For a full date set in ms coins.

 

I have a “double eye” Jefferson in the slab. I think it’s in XF. I was surprised to see how much the price dropped on these. They have some really cool errors in the Jefferson run. If those errors were in the cents run they would be extremely expensive.

 

I have every major Jefferson variety. Each of them have declined in value.
Jeffersons, Roosevelt dimes,as well Franklin halfs....have very little interest in todays collector.
It is a shame as these 3 series are doable for most to complete a full set of the series.

I worked a show a few years back, where a man cam in with a unc. set of Franklins in a capital holder.
The set was a nice set.
The man walked the room of 25 dealers....showing his set.
He came back to me and was sort of upset, i asked what was the trouble?
His reply I came to a coin show to sell my coins and not one person made me an offer!
I knew why as at this time most would only offer spot.
The dealers number #1 did not want them for their inventory as they already had enough that were not selling...and #2 Didn't want to upset the guy making such a low offer..thus no offer for the set.
I've seen complete collections of Jeffersons given the same treatment.
I myself am guilty of not purchacing the 50,51,&52 proof franklins I need to complete my Franklin proof set due to concerns of being backwards in the coin....paying more than actual market value.
I was shocked to see that even high grades of any of the 3 series i listed above ha e such low interest.
I just gave 45 Jefferson nickel slabs to a dealer here on coin talk.
They ranged from grades 64 to 70....they were placed on ebay for weeks at both the retail value as well placed on sale to generate sales...and not 1 sold ,or for that matter an offer made on any them.
These were registery set graded coins!
No interest at all.....the dealer one of the best on the east coast.
So it goes to show you.....you need and do your homework as it doesn't pay to build a set of these series as you'll never see your investment returned at par or above.

I did however replace my ms 64 1939 double die rev. With an Au 58 for $75....so my variety collection is again complete. Other items such as the 1971 s no s Proof is another key coin which does not hold value I had 2 of them....the last sold at Gettysburg show a few years back under par for an 67 DC coin.

 

Thanks for sharing. On an up note, I watched a video on YouTube the other day that was fairly new. It was a guy going through Nickels that he obtained from circulation just trying to find older stuff from change. I don’t believe we’ll see a turnaround anytime soon, but there are a lot of young Youtubers out there and seeing a guy going through Nickels on YouTube was good. I might just try to find some of those cooler varieties in higher grade just to hang onto them.

 

As promised

1973 Jefferson Nickel NGC MS66 5FS:







1973 Jefferson Nickel PCGS crossover to NGC MS66:









Greysheet in MS66 5FS is $65, without full steps or below MS66, it becomes a coin worth less than $10. Hopefully the photos shown above will help you determine if your coin is minimum MS66 5FS. Good luck.