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Message:: [QUOTE="Lehigh96, post: 837140, member: 15309"]Uh oh, better put that glass down, I am afraid it has kool-aid in it.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" />  There are certain series where PCGS is more conservative in their grading and the prices are affected accordingly.  Most of the time the premium is a result of marketing, hype, and yes, kool-aid. PCGS has a much more conservative grading policy than NGC for Jefferson nickels.   In fact, they are about a whole grade more conservative.  This is  important because the PCGS price guide is vastly different than  Numismedia wholesale for Jefferson's, but  both are very accurate IMO.  Just don't use the PCGS price guide for  NGC coins and vice versa. The full step designation prices are another story entirely.  NGC is  very strict with their application of the full step designation whereas  PCGS will routinely give the designation to coins that are not full step  nickels.  Determining the prices of high  grade full step Jeffersons is all but impossible due to the disparity  in standards between the TPG's, with respect to both numerical grading and FS designation.  IMO, this makes  the PCGS price guide rather useless and the only good indicator is past  auction prices realized.   PS:  Numismedia does not provide a price guide for FS Jefferson Nickels. [/QUOTE]