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Two more Jefferson Nickel beauties from today
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<p>[QUOTE="Lehigh96, post: 2266176, member: 15309"]Ben</p><p><br /></p><p>I'm sorry, but there is indisputable proof in the population reports. The percentage of coins submitted that receive MS67 grades by NGC is much much higher than that of PCGS. I have found that PCGS is at least 1/2 grade more conservative with their numerical grade. That said, NGC is about 10 times more strict in their application of the full step designation.</p><p><br /></p><p>Personally, I'm an NGC guy. I like the holder better, the star designation, the scrutiny of strike designations, and I think they have better customer service. Since the strike designations can cause a huge jump in price, I want the comfort of knowing that the strike designation is deserved. I once purchased a 1944-P Jefferson Nickel PCGS MS67+ FS from a Heritage auction for $5,000. This is what I got:</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%20Full%20Steps/JN1944-PPCGSMS67FS2.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%20Full%20Steps/JN1944-PPCGSsteps.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>One could argue that those steps are broken in several places and I highly doubt that the coin would meet NGC strict standards for the 5FS designation. In addition, with the number of hits on that coin, there is really no way to justify the MS67+ grade. So I paid $5K for a coin that in truth was probably worth a few hundred. Luckily, the kool-aid drinkers and plastic collectors don't care and I was able to trade my coin for the Compradore 1944-P MS67 FS and a hefty sum of cash as well. That coin still resides in my collection.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%20Full%20Steps/JN%201944-P%20PCGS%20MS67%20FS%20Compradore_zpssq8xjkfw.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>I think my new coin is far superior to the first coin in every aspect of grading.</p><p><br /></p><p>Paul[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 2266176, member: 15309"]Ben I'm sorry, but there is indisputable proof in the population reports. The percentage of coins submitted that receive MS67 grades by NGC is much much higher than that of PCGS. I have found that PCGS is at least 1/2 grade more conservative with their numerical grade. That said, NGC is about 10 times more strict in their application of the full step designation. Personally, I'm an NGC guy. I like the holder better, the star designation, the scrutiny of strike designations, and I think they have better customer service. Since the strike designations can cause a huge jump in price, I want the comfort of knowing that the strike designation is deserved. I once purchased a 1944-P Jefferson Nickel PCGS MS67+ FS from a Heritage auction for $5,000. This is what I got: [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%20Full%20Steps/JN1944-PPCGSMS67FS2.jpg[/IMG] [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%20Full%20Steps/JN1944-PPCGSsteps.jpg[/IMG] One could argue that those steps are broken in several places and I highly doubt that the coin would meet NGC strict standards for the 5FS designation. In addition, with the number of hits on that coin, there is really no way to justify the MS67+ grade. So I paid $5K for a coin that in truth was probably worth a few hundred. Luckily, the kool-aid drinkers and plastic collectors don't care and I was able to trade my coin for the Compradore 1944-P MS67 FS and a hefty sum of cash as well. That coin still resides in my collection. [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels%20Full%20Steps/JN%201944-P%20PCGS%20MS67%20FS%20Compradore_zpssq8xjkfw.jpg[/IMG] I think my new coin is far superior to the first coin in every aspect of grading. Paul[/QUOTE]
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Two more Jefferson Nickel beauties from today
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