Graded jefferson Nickel PCGS 2020 P MS69FS

OLC

Got a grade Yesterday on a Nickel. PCGS 2020 P MS69FS. Looks like it could be worth a little bit of money to someone. Looks like it is the only Jefferson Nickel to grade MS69 and have the FS designation since these nickels began in 1938. I look at the price guide at MS67's and MS68's that have a 1 POP and prices are all over the map. How do I go about figuring out what a fair price would be to sell this at if I decide to sell and where should I go to get the most bang for my buck to sell? Thanks

abcde12345

Nice!
I know NGC MS68's go for about $120. so I've got to imagine a better grade in a better holder would make this a 1K coin (or am I being overly optimistic?).

joeykoins

Nice going! Hopefully, your coin will STAY on top for awhile? This way, you can make your own price tag. Congrats, dude. The Jefferson nickle, is if not my favorite, one of the finest coins I love the most! Be sure to share the beauty with us.

ModCrewman

That's awesome! Congratulations.

I would personally think anything under $1,000 would be laughable. Depending on your timeline of wanting to sell, if you aren't in any hurry I'd recommend either an auction at Heritage or Great Collections, but you should plan to wait several months for the auction to run its course and funds to be paid to you. The other option would be to contact dealers who specialize in top-tier modern coins, those that immediately come to mind are James Sego @segoja, Mitch Spivack @wondercoin, or John Brush @JBatDavidLawrence. All 3 of those would give you an idea of what it could bring and would be able to connect you with a private buyer.

Don't be impatient and give it away cheap...you are in the driver's seat...it's highly unlikely another will be coming close behind; however, if you want to maximize your money I'd make a deal relatively soon because there is always the risk that if the pop does start to grow the price will fall dramatically.

Recognize that your decision will come down to waiting for an auction and hoping for a bidding war between a pair of whales or take your "sure thing" and sell at an agreed price in a direct private sale. If the whales show up it could go to the moon, if they don't, you may have done better privately.

Why do I have such clear opinions? I made the only 1968-S PR70DCAM Roosevelt Dime several years ago and found myself in the same position of needing to decide what route to go. I personally took the sure thing and sold it in a private sale for enough that I have never once second guessed my decision.

Edit to add: A 1968-S Roosevelt in 69 DCAM sells for under $50, so my situation was not at all unlike your situation.

Batman23

That's a big coin, Congratulations!

I think ModCrewman spoke very well of your options and that you have something special that many will want.

LanceNewmanOCC

congratz.

i've made 1 post this year and 1 last year about no ms69fs jeffersons being graded. just made one of those posts past couple days so for you to post this now, is amazing.

even more amazing is that the mint hasn't been able to produce quality coins that survive past their distribution that have made such lofty grades.

surely they've released some into sets?

Sunshine Rare Coins

Consign it to Heritage or Great Collections.

Congratulations!!

dbldie55

Looks strange sitting out there 2 grades higher than anything else.

braddick

Personally, I wouldn't wait months for an auction result. I think right now; a POP ONE works well in your favor. I've got to believe though others will be made, and if too many are, it'll drive the price down just a bit.
I'd check with Mitch (Wondercoin) or other modern dealers and get their take on whether to sell or hold.
Congratulations! I'd love to see a photo of it upon its return to you.

dbldie55

Curious if this is from a Mint Set or found in rolls.

Clackamas1

WOW!!!!!! Congrats. I would love to see that coin. That is amazing. That is a $20G coin. If anyone said $1K they don't know what they are talking about ... maybe since I have been out of the game sometime I may be wrong. My old adage was take $10K and divide it with the top pops. 5 coins $2K each. An MS70 is truly special.

Catbert

Go on, take the money and run. Whoo yeah!

ricko

Congratulations on a superb coin. I look forward to the pictures. I am sure high end collectors and registry set people will be preparing offers for your coin. Good luck, Cheers, RickO

LanceNewmanOCC

@dbldie55 said:
Looks strange sitting out there 2 grades higher than anything else.

fwiw, there are a few handfulls of 68, pl and non, fs and non all through the 2000s. but i know you mean for the year/mm.

not to take anything away from that moose of not only a 69 but 69FS sitting there all by its lonesome for the entire series. i bet the folks at pcgs were buzzing!

ugh, i just went to CF to see if they posted the TV. alas, they have not, YET.

oih82w8

I did not see any images, neither here or coinfacts.

OLC

Everyone, Thanks for the comments. Gave a lot of food for thought. I don't think every top pop coin gets images in coin facts. I never requested imaging. I will try and see what kind of image I can post once I get coin. Take Care

oih82w8

A MS69 example would warrant a complimentary Trueview, especially with a two point jump up from the next grade.

cameonut2011

In order this order:
(1) Mitch @wondercoin
(2) Great Collections @ianrussell

No slight meant to GC. Direct sales are always preferred as they cut out risk associated with auctions. GC has a good modern coin following.

thefinn

@Clackamas1 said:
WOW!!!!!! Congrats. I would love to see that coin. That is amazing. That is a $20G coin. If anyone said $1K they don't know what they are talking about ... maybe since I have been out of the game sometime I may be wrong. My old adage was take $10K and divide it with the top pops. 5 coins $2K each. An MS70 is truly special.

Yes, an MS70 would be special. This is an MS69 we're talking about.

OldEastside

That's way cool, and Congrats, and remember Top Pops are desirable while they remain top pops..........so strike the iron while it's HOT.......so think of the Serious Jefferson guys and registry guys........they may even seek you out..............and again Congrats

Steve

joeykoins

@thefinn said:
Yes, an MS70 would be special. This is an MS69 we're talking about.

Sure, it's NOT the "70", but this coin, particularly his coin. Can and most probably BE that proverbial 70? Meaning, no coin may never hit the 70 mark. So he has the only, so to speak, perfect 2020p FS Jefferson nickel.

Brinkley169115

Brinkley169115

If anyone needs a uncertified Jefferson 20/20 P Nickel lmk I have error coins as well

LanceNewmanOCC

there is one up on ebay now

20p ms69fs for anyone wanting to see the label/grade/coin etc.

ms69fs first jefferson ever? best pics we got is ebay full slab shots. ugh

abcde12345

Under 40K? Not too shabby.
https://www.ebay.com/itm/2020-P-Jefferson-Nickel-PCGS-MS69FS-Full-Steps-Top-Pop-1-All-Time-Finest/164671802007?hash=item2657344a97:g:GSYAAOSwVzFgEi-k

JBK

@Brinkley169115 said:
If anyone needs a uncertified Jefferson 20/20 P Nickel lmk I have error coins as well

It's not good manners to hijack someone else's post to try sell your stuff. You already have your own thread on this.

Tom147

@joeykoins said:

Sure, it's NOT the "70", but this coin, particularly his coin. Can and most probably BE that proverbial 70? Meaning, no coin may never hit the 70 mark. So he has the only, so to speak, perfect 2020p FS Jefferson nickel. b

I disagree. It IS NOT a 70. It's a 69. Call it what it is. If it was a perfect 2020p as you say, it would be graded a 70. Not grading on a curve here. Truly an AWESOME coin.

Tetromibi

Pics from the listing...

[Deleted User]

I offered $5,000 to which the seller countered at $29,995.

Time to sit back and watch the coin lose much of it’s value..

leothelyon

@dbldie55 said:
Curious if this is from a Mint Set or found in rolls.

The US Mint made close to 250,000 to 300,000 est. of them with higher coining pressure and careful handling for the mint sets. They all grade that high ever since they have perfected the way coins are made for mint sets, since 2006 I believe. I have posted on this subject many times already.

Leo

johnny9434

Nice score congrats

calgolddiver

GLWS ! congratulations !!

abcde12345

I was way off on my $1,000. Observation. Yet, 40,000? Come on, man!

oih82w8

Crazy money being asked for that Jefferson, but strike while the iron is 🔥.

leothelyon

Here's another example of a coin being over-reached. This is not a rare coin high grade-wise or mintage-wise. Unfortunately for the sellers, the buyers...for the last 3 months anyways, have steered clear for the exception of one sold for $1000 and the seller has just one feedback.....likely sold it to his sister.
Close to 300 have been graded PCGS MS67 for each of 3 of the 4 2004 BS nickels and out of over 1400 ungoing ebay auctions for 2004 nickels, there is only one PCGS MS67 up for sale for $100 with only two selling since Nov. in the $56 to $70 range. What do any of you make of this? I'm certainly not going to try to educate all these sellers their coin is not rare.
https://www.ebay.com/sch/i.html?_from=R40&_nkw=2004&_sacat=41087&_sop=16

Leo

Clackamas1

@leothelyon said:

@dbldie55 said:
Curious if this is from a Mint Set or found in rolls.

The US Mint made close to 250,000 to 300,000 est. of them with higher coining pressure and careful handling for the mint sets. They all grade that high ever since they have perfected the way coins are made for mint sets, since 2006 I believe. I have posted on this subject many times already.

Leo

The mint set coins, at least in the times before satin, were literally the same coins. My friend who owned the fed Oregon distribution was friends with the guy that did the mint sets. Same coins as in circ rolls. Have they changed it? IDK.

Clackamas1

It is a $2K coin tops - I have a Pop 1/0 I got on ebay for $700. You can with moderns take $10K and divide the top pop with the number of coins after a few years. This is fresh so there is a risk premium that someone does not make 3 . Now if that was a 1971 newb - yeah he might get that kind of cash.

CopperWire

You will get the most value by selling to a registry competitor. If you hold it for a year or two it could be worth more.

CopperWire

@tonedroosies said:
I offered $5,000 to which the seller countered at $29,995.

Time to sit back and watch the coin lose much of it’s value..

5K is a totally fair price. 5 figures is too much

davewesen

it looks like a SMS

JBK

@Clackamas1 said:

@leothelyon said:

@dbldie55 said:
Curious if this is from a Mint Set or found in rolls.

The US Mint made close to 250,000 to 300,000 est. of them with higher coining pressure and careful handling for the mint sets. They all grade that high ever since they have perfected the way coins are made for mint sets, since 2006 I believe. I have posted on this subject many times already.

Leo

The mint set coins, at least in the times before satin, were literally the same coins. My friend who owned the fed Oregon distribution was friends with the guy that did the mint sets. Same coins as in circ rolls. Have they changed it? IDK.

For as far back as I can remember (1970s) the mint sets have been touted as having been minted on special presses and at slower speeds. I think the production line was similar to circulation strikes in that they were dumped into hoppers, bins, etc.

With all due respect to your friend's friend, I think "literally the same coins" was an off the cuff characterization. It was always my understanding that better strikes tend to come out of mint sets.

Clackamas1

@JBK said:

@Clackamas1 said:

@leothelyon said:

@dbldie55 said:
Curious if this is from a Mint Set or found in rolls.

The US Mint made close to 250,000 to 300,000 est. of them with higher coining pressure and careful handling for the mint sets. They all grade that high ever since they have perfected the way coins are made for mint sets, since 2006 I believe. I have posted on this subject many times already.

Leo

The mint set coins, at least in the times before satin, were literally the same coins. My friend who owned the fed Oregon distribution was friends with the guy that did the mint sets. Same coins as in circ rolls. Have they changed it? IDK.

For as far back as I can remember (1970s) the mint sets have been touted as having been minted on special presses and at slower speeds. I think the production line was similar to circulation strikes in that they were dumped into hoppers, bins, etc.

With all due respect to your friend's friend, I think "literally the same coins" was an off the cuff characterization. It was always my understanding that better strikes tend to come out of mint sets.

They were never rolled; the coins for mint sets; they came off the ballistic bags straight to mint sets. The mint rolls are literally the same as an OBW bank rolls. I purchased a couple of ballistic bags and made some top pops. I also now own $2500 face of the last memorial Lincolns. I bought an entire ballistic bag, got them slow rolled ( yes you can do it if you own the joint) and you get some coin for it, So I am certain I have the top pops in my rolls.

JBK

@Clackamas1 said:

@JBK said:

@Clackamas1 said:

@leothelyon said:

@dbldie55 said:
Curious if this is from a Mint Set or found in rolls.

The US Mint made close to 250,000 to 300,000 est. of them with higher coining pressure and careful handling for the mint sets. They all grade that high ever since they have perfected the way coins are made for mint sets, since 2006 I believe. I have posted on this subject many times already.

Leo

The mint set coins, at least in the times before satin, were literally the same coins. My friend who owned the fed Oregon distribution was friends with the guy that did the mint sets. Same coins as in circ rolls. Have they changed it? IDK.

For as far back as I can remember (1970s) the mint sets have been touted as having been minted on special presses and at slower speeds. I think the production line was similar to circulation strikes in that they were dumped into hoppers, bins, etc.

With all due respect to your friend's friend, I think "literally the same coins" was an off the cuff characterization. It was always my understanding that better strikes tend to come out of mint sets.

They were never rolled; the coins for mint sets; they came off the ballistic bags straight to mint sets. The mint rolls are literally the same as an OBW bank rolls.

Not sure I understand the reply.

Your friend of a friend said mint set coins are the same as circulation strikes, but it has always been my understanding that they are not. They are minted at a slower speed and on special presses. Going from ballistic bag to packaging makes sense.

As for "mint rolls", the mint does not roll coins. For the rolls they sell (dollars, halfs, quarters currently) they ship them out to a coin processor which puts them into the fancy paper wrappers for the mint. In that regard, yes, mint rolls are "the same" as bank shotgun rolls.

leothelyon

@Clackamas1 said:

@leothelyon said:

@dbldie55 said:
Curious if this is from a Mint Set or found in rolls.

The US Mint made close to 250,000 to 300,000 est. of them with higher coining pressure and careful handling for the mint sets. They all grade that high ever since they have perfected the way coins are made for mint sets, since 2006 I believe. I have posted on this subject many times already.

Leo

The mint set coins, at least in the times before satin, were literally the same coins. My friend who owned the fed Oregon distribution was friends with the guy that did the mint sets. Same coins as in circ rolls. Have they changed it? IDK.

They have.....ithe definitions are in the US Mint's glossary.

leothelyon

@davewesen said:
it looks like a SMS

Exactly! And PCGS doesn't provide a category for them, 2011 to date. Mint set coins are specially made with higher coining pressure and careful handling. I wouldn't be surprised they use a purer quality of stock to make the planchets.

Leo

leothelyon

@JBK said:

@Clackamas1 said:

@leothelyon said:

@dbldie55 said:
Curious if this is from a Mint Set or found in rolls.

The US Mint made close to 250,000 to 300,000 est. of them with higher coining pressure and careful handling for the mint sets. They all grade that high ever since they have perfected the way coins are made for mint sets, since 2006 I believe. I have posted on this subject many times already.

Leo

The mint set coins, at least in the times before satin, were literally the same coins. My friend who owned the fed Oregon distribution was friends with the guy that did the mint sets. Same coins as in circ rolls. Have they changed it? IDK.

For as far back as I can remember (1970s) the mint sets have been touted as having been minted on special presses and at slower speeds. I think the production line was similar to circulation strikes in that they were dumped into hoppers, bins, etc.

With all due respect to your friend's friend, I think "literally the same coins" was an off the cuff characterization. It was always my understanding that better strikes tend to come out of mint sets.

I don't recall ever seeing a poorly struck coin from a mint set.
The interesting thing about the 2020 mint sets, why did they wait til the end of the year to release the mint sets? Those coins were made first before striking coins for commerce/circulation. Was there a reason....... perhaps to force someone's hands? A wakeup call?

Befuddled, Leo lol

davewesen

How many of that grade will be around in 6 months?

It does remind me of seeing some 1994-P or 1997-P that have nice MS grades when they are actually from the Jefferson or Botanic sets.

yspsales

I wouldn't give it a second thought at $1000... no brainer.

ModCrewman gave you excellent advice. Safe and secure contacts.

SenateSaloon

This coin doesn’t seem to show up as an MS69 anymore on the PCGS pop report. Anyone know why? Or am I missing something?

davewesen

The cert is no longer valid, possibly recalled for another look?

SenateSaloon

@davewesen said:
The cert is no longer valid, possibly recalled for another look?

Does that happen sometimes? If so, why might it happen?