1968-D MS65/66/67FS Jefferson

spy88 · March 20, 2004 5:28AM

Does anybody have info what this coin would be worth depending on the grade? I can't find anything anywhere!

Thanks for any replies.

David

Russ · March 20, 2004 5:31AM

This is a ballpark estimate: A HELL OF A LOT OF MONEY.

Russ, NCNE

melikecoins · March 20, 2004 5:32AM

Since there have been none.
Russ is quite right BIG $$$

Try 69 D & S

Glen

spy88 · March 20, 2004 5:41AM

Thanks for the "ballpark" guys---knew it would be next to impossible to give a precise figure. May have found one. Don't have it yet, but when I do get it, will post pics.

Thanks!

David

Russ · March 20, 2004 5:42AM

If I were to offer a real guess, I'd say that $10,000 would not be unreasonable as a starting point.

Russ, NCNE

spy88 · March 20, 2004 5:45AM

Russ, are you suggesting $10k for a 65 or the 67, or just something to start with regardless of grade?

David

Russ · March 20, 2004 5:49AM

Regardless of the grade - note I said "starting" point. It would be the first ever graded in FS, so even in MS65 it would be huge. In MS67, you could probably fund a substantial portion of your retirement portfolio.

But, there's a reason none has ever been made. I've looked at hundreds of them in mint sets while searching for the Kennedy halves and have never seen one that even came close.

Russ, NCNE

spy88 · March 20, 2004 5:54AM

Thanks, Russ. I also have done my fair share of searching for this elusive little devil and have never had much luck. However, I am assured one is coming my way. Will just have to wait and see!

for me!

David

MJPHELAN · March 20, 2004 6:03AM

HI David,

Is this the 1968-D that was just won on E-bay. I was afraid to bid due to the poor pictures and the seller not answering my questions.

Mark

Russ · March 20, 2004 6:07AM

You bought this one?

Man, you have bigger balls than I do! I hope it is as promised, and you nail the score of a lifetime.

Russ, NCNE

spy88 · March 20, 2004 6:18AM

That's the one, Russ. After EXTENSIVE discussions with the owner, he has assured me it is FS!!! Had a dealer take it out of the cello for the little pic of the reverse trying to show the steps, but the owner still "fell down" with it AND the grade.

There is no way I believe it to be MS70, but if only a 65, would be great! Also, got him to offer return privs on it.

David

MJPHELAN · March 20, 2004 6:20AM

I sure hope it works out for you. Would love to see photos of the steps.

Mark

spy88 · March 20, 2004 6:22AM

Will do so as soon as I get it!

MadMarty · March 20, 2004 6:30AM

I hope all works well, seems that the discussion here was that both reverses were the same. Hope he gave you a return policy!

moosesr · March 20, 2004 6:32AM

Just curious, what date Jefferson's don't have any certified in FS?

spy88 · March 20, 2004 6:39AM

According to PCGS pop report:

1954-S/D
1955-D/S
1965/66/67 SMS
1968-D
1969-D
1969-S

Of course, this only means they have never graded/slabbed any. Doesn't mean there aren't any!

Russ · March 20, 2004 6:43AM

<< 1965/66/67 SMS >>

Those aren't designated FS. They're treated like proofs for grading purposes.

Russ, NCNE

spy88 · March 20, 2004 6:53AM

I stand corrected!!!

Thank you, Russ!

telecoin · March 20, 2004 7:36AM

The fact that the only coins he has sold were some polished dollars (that he called BU) and some circulated coins that he also called BU (and just got a neutral FB for), and for the fact that he used the same picture of the reverse for both the 68 D and 64 P FS nickels...You have a snowballs chance in heck of either getting a FS nickel or your money back. C'mon...did you really think you were going to get a GEM 68 D FS worth $10,000+ (if one even exists) from this guy who knows absolutely zippo about coins??? C'mon!!!

spy88 · March 20, 2004 7:47AM

telecoin, you may be absolutely correct. To answer your question though, my answer is "yes and no".

Yes, because I have talked to him personally about it and do have a return on it if it doesn't grade at least 65.
No, because I do not believe everything anyone tells me as fact, especially from a eBay auction. And the fact that he DOESN'T know how to grade was another factor. Check the bidders list---a snipe was attempted before closing. I was not the only "lunatic" to think positively.

But I am a optimist most of the time and am willing to find out. $660. is a pittance to the value if the real thing. I am now waiting for him to explain the "same pics" for the 68-D and the 64 up for bid.
On the other hand, if he will not provide better pics and an explanation for the double pics BEFORE I pay him, I may back out of it regardless of the consequences.

He doesn't have my money yet!

telecoin · March 20, 2004 7:52AM

Do yourself a big favor and keep your money. I hate to see anyone lose that big. All the warning signs are there...you just have to heed them. Good luck in any case.

jtwax · March 20, 2004 7:57AM

<< Does anybody have info what this coin would be worth depending on the grade? I can't find anything anywhere!

Thanks for any replies.

David

>>

What is yoiur definition of FS? Better yet, what is PCGS's definition of FS? I have access to two 68-D's. One would go 64 at 6556 and one probably 63 at 5555 (circulation coin). Is that FS?

pontiacinf · March 20, 2004 8:04AM

Yes, because I have talked to him personally about it and do have a return on it if it doesn't grade at least 65.

never mind that...refund if no FS

melikecoins · March 20, 2004 8:39AM

As I have said another thread about the picture of the steps They are NOT the Steps of A 1968 Nickel.

They are the steps of a 71 nickel

Glen

MJPHELAN · March 20, 2004 8:58AM

I bought an ANACS certified MS-65 5 steps 68-D last year on teletrade. I returned the coin because it would not grade FS at PCGS because of a bridge and a nick.

Mark

keets · March 20, 2004 9:39AM

hey JT

the PCGS definition of "Full Steps" is five complete steps with no post strike contact bridges or planchet flaw bridges. though they do not always grade to that standard, you can rest assured that with a 1968-D the coin will be glassed. it had better be a no doubter by that criteria.

to that end, if you have access to the two coins you mentioned in your reply, i would suggest you gain possession of them at the earliest possible time.

al h.

haletj · March 20, 2004 9:51AM

Just curious, what does 6556 or 5555 refer to?

keets · March 20, 2004 10:00AM

hey haletj

it's a step count and refers to the number of full steps under each of the four pillars, starting at your left while looking at the coin.

al h.

haletj · March 20, 2004 10:05AM

Thanks!

jtwax · March 20, 2004 10:30AM

<< hey JT

the PCGS definition of "Full Steps" is five complete steps with no post strike contact bridges or planchet flaw bridges. though they do not always grade to that standard, you can rest assured that with a 1968-D the coin will be glassed. it had better be a no doubter by that criteria.

to that end, if you have access to the two coins you mentioned in your reply, i would suggest you gain possession of them at the earliest possible time.

al h.

>>

Hi Al, One of the coins does indeed have bridges so Im not sure it would get a FS designation at PCGS. The other has light marks, but again still not sure if it would go FS at PCGS. I guess all one could do is submit them and see... Thanks for your reply. Since I am not a PCGS FS collector it really never occured to me that there were no 68-D's slabbed by them FS.

Take Care...

cladking · March 20, 2004 1:45PM

Good luck with the coin but while I'm trying to be optimistic, I'm pretty cynical about this coin.
They can be found in mint sets very gemmy and occasionally PL, but they aren't often seen with
more than three complete steps and maybe parts of two more. I've seen thousands of sets and
haven't seen a FS in them.

leothelyon · March 20, 2004 2:50PM

Here's a 6545.

Leo

LALASD4 · March 20, 2004 3:55PM

FS could mean one or two full steps, right ? He did not said how many.

spy88 · March 20, 2004 7:55PM

Thank you to everyone that has posted a reply to my thread.

First of all, I got word from the seller today that he simply made a mistake when he posted the pic of his 64. He used the fugly scan of the 68-D by mistake, and I believe him. Also, the high bidder on the 64 lives only 20 miles from the seller---drove the distance and saw in-hand both coins. He emailed me that indeed, both coins are as described. He did not give a grade for either one as he is not too sure of his ability to do so. He also tried to buy both then and there.

I also (before bidding) emailed the question of FS for the 68-D. After extensive and detailed descriptions of what FS means, he assured me it is 5FS. He does not own a camera with macro (thus the fugly pics), took it to his local dealer for the scan. The dealer wanted to buy them both from him but he thought he would get more for them with a eBay auction. Granted, it will NOT be a MS70 as he stated in the auction and I knew that going in. But I also believe everything he has told me and more that I will not go into here.

I sincerely appreciate everyones concern that I may be spending $660 on a coin that may only be worth $20. but I will not know FOR SURE until I have it in hand. But I am 95% confident that it is as he says it is. Believe me, I would not have persued this coin were I not that convinced.

David

Coppernicus · March 20, 2004 8:08PM

Good luck on this one! I hope you post a good pic when you get it. I for one am rooting for you!

Mike

spy88 · March 20, 2004 8:14PM

Thanks Mike! But coming from someone with a byline like yours, how can you live with yourself "rooting" for me? LOLOL

David

Coppernicus · March 20, 2004 8:23PM

Good Point!! A healthy dose of pessimism keeps me alert and sharp in my own dealings: coins, business, investments, life, etc. I do not allow my pessimism to be applied to other peoples' situations, however. I like to hope for the best for everyone!

Mike

Russ · March 21, 2004 2:14AM

<< I for one am rooting for you! >>

As am I. When I was in the Army we had a saying: No balls, no blue chips. May your sizable ones yield a pile of chips!

Russ, NCNE

MJPHELAN · March 29, 2004 12:10PM

David,

Have you received the coin yet? I hope it turns out nice for you.

Mark

Eastside · March 29, 2004 1:39PM

I could be wrong, but the reverse in the picture, poor quality that it is, still does not seem to me a reverse of a 1968 Jefferson but seems to apear to be a much later reverse, off hand I'd say 1980 and above as a guess. Refuring to the Ebay coin that is.

Eastside

Promote the hobby

spy88 · March 29, 2004 4:51PM

Not yet Mark. Talked to him Friday when he received my money order and said it would be going out in todays (Monday) mail.

Should get it by end of week, Saturday latest.

David

Don't know how you can make that assumption, Eastside. I for one could barely tell it was a nickel at all from the pics!

DCAMFranklin · March 29, 2004 5:07PM

<< However, I am assured one is coming my way. >>

then...............

<< He doesn't have my money yet! >>

Which is it?

Hope you kept your e-mail confirmation of refund privilege. Prior sales make this look more than a little suspect.

Sequitur · April 3, 2004 3:51AM

Is the coin in hand?

MJPHELAN · April 7, 2004 12:01AM

Hey David,

Any news on the coin yet?

Mark

sadysta1 · April 7, 2004 3:57AM

I just want to put my 3 cents about SMS FS nickeld. I think thay should be designated FS and non-FS, take a closer look, you'll have problems finding FS SMS 5c

Russ · April 7, 2004 10:06AM

Bump because I'm dying to know how this turned out. Did you score?

Russ, NCNE

1968-D MS65/66/67FS Jefferson

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