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In 1964 special strike nickel ruined :-( 8.7 Rarity

ChangingpocketsChangingpockets Posts: 56
edited March 12, 2021 4:45PM in U.S. Coin Forum


1964 5C SMS, FS (Special Strike)
Series: (None)

PCGS SP68FS
Pre-War Composition
Mintage: 1,028,622,762 Minted at: Philadelphia (No Mint Mark)
Designer - Engraver: Felix Schlag Metal Composition: 75% Copper - 25% Nickel
Diameter: 21.2 mm Mass / Weight: 5 grams
What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc.):
1964 Jefferson Nickel

«1

Comments

  • ChangingpocketsChangingpockets Posts: 56
    edited March 6, 2021 9:58AM

    There is only like 60 of these ever known and My mom gifted it to me ;-)
    1964 the U.S. Mint struck circulation strike coins, proof coins and surprisingly, it also struck a very limited number of Special Strike coins also referred to as Special l Mint Sets (SMS). It is believed that only about a couple dozen sets of Special Strike coins were struck in 1964. However, to this date it is a complete mystery as to why these coins were ever produced.
    1964 Special Strike Coins
    There are many different theories on why the 1964 SMS coins were produced. These coins could have been produced as prototypes for the 1965 to 1967 SMS coins. The 1964 SMS coins could have also been produced as introductory pieces, possibly even intended to include a 1964-D Peace dollar. Furthermore, it is believed these SMS coins came into existence somehow through the involvement of Eva Adams, U.S. Mint Director at the time. After Eva Adams passed away, her estate was sold off and well-recognized dealer and auctioneer Lester Merkin purchased many of the coins from her estate. Lester Merkin's collection was then sold in a Stack's auction in the early 1990s, including some, if not all, of the known 1964 SMS coins.
    Survivability
    Many experts believe there are anywhere from 20 to 50 sets in existence in all grades combined, making these coins very scarce. Many of the 1964 SMS coins could have also been lost, damaged or even tossed aside since their mysterious status was only somewhat solved by early 1993 (almost 30 years after they were initially produced). The 1964 SMS coins are extremely scarce, but regardless, more are still believed to be out there that have not been attributed yet.
    1964 5C SMS, FS (Special Strike)
    Series: (None)

    PCGS SP68FS
    Why is not?

  • Mr_SpudMr_Spud Posts: 3,979 ✭✭✭✭✭
    edited March 5, 2021 8:52PM

    So how did someone ruin it? It looks like a nickel that was heated up til it turned yellow, is that what you mean? Also, what’s special about the strike, I never heard there was a special strike 64

    Mr_Spud

  • Tom147Tom147 Posts: 1,299 ✭✭✭✭✭

    Only 60 minted of what ? Please explain what it is we're looking at.

  • thefinnthefinn Posts: 2,645 ✭✭✭✭✭

    Maybe it is a 1964-D with Full Steps.

    thefinn
  • JBKJBK Posts: 14,228 ✭✭✭✭✭

    :o

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @Changingpockets .... Can you explain why you think it is special and low mintage?? It appears to be a common 1964 Philadelphia mint Jefferson nickel. Cheers, RickO

  • Tom147Tom147 Posts: 1,299 ✭✭✭✭✭

    @mannie gray said:

    @Tom147 said:

    I think the OP is under the impression that this coin was a 1964 SMS example.

    mannie, I didn't want to respond like I have seen others do, to a new forum member like I have seen in the past. By ripping them apart, being rude or condescending. I surely didn't see anything special about the coin. I believe and I'm sure you will agree, we were all new once and most of us have probably thought we found a hidden gem or great rarity only to be disappointed.
    Although I've been a collector for decades, I don't know enough about the rarity ratings ( 8.7 ) I'm assuming that is how you figured out that the OP thinks it's a 1964 SMS. If and that's a BIG IF, it wouldn't matter due to the condition.

  • PerryHallPerryHall Posts: 44,841 ✭✭✭✭✭

    @ricko said:
    @Changingpockets .... Can you explain why you think it is special and low mintage?? It appears to be a common 1964 Philadelphia mint Jefferson nickel. Cheers, RickO

    Yup. Spend it.

    Worry is the interest you pay on a debt you may not owe.

  • johnny9434johnny9434 Posts: 27,011 ✭✭✭✭✭

    spend it.

  • OldEastsideOldEastside Posts: 4,602 ✭✭✭✭✭
    edited March 6, 2021 9:17AM

    :wink:

    Steve

    Promote the Hobby
  • 1964 the U.S. Mint struck circulation strike coins, proof coins and surprisingly, it also struck a very limited number of Special Strike coins also referred to as Special l Mint Sets (SMS). It is believed that only about a couple dozen sets of Special Strike coins were struck in 1964. However, to this date it is a complete mystery as to why these coins were ever produced.

  • @Changingpockets said:
    There is only like 60 of these ever known and My mom gifted it to me ;-)
    1964 the U.S. Mint struck circulation strike coins, proof coins and surprisingly, it also struck a very limited number of Special Strike coins also referred to as Special l Mint Sets (SMS). It is believed that only about a couple dozen sets of Special Strike coins were struck in 1964. However, to this date it is a complete mystery as to why these coins were ever produced.
    1964 Special Strike Coins
    There are many different theories on why the 1964 SMS coins were produced. These coins could have been produced as prototypes for the 1965 to 1967 SMS coins. The 1964 SMS coins could have also been produced as introductory pieces, possibly even intended to include a 1964-D Peace dollar. Furthermore, it is believed these SMS coins came into existence somehow through the involvement of Eva Adams, U.S. Mint Director at the time. After Eva Adams passed away, her estate was sold off and well-recognized dealer and auctioneer Lester Merkin purchased many of the coins from her estate. Lester Merkin's collection was then sold in a Stack's auction in the early 1990s, including some, if not all, of the known 1964 SMS coins.
    Survivability
    Many experts believe there are anywhere from 20 to 50 sets in existence in all grades combined, making these coins very scarce. Many of the 1964 SMS coins could have also been lost, damaged or even tossed aside since their mysterious status was only somewhat solved by early 1993 (almost 30 years after they were initially produced). The 1964 SMS coins are extremely scarce, but regardless, more are still believed to be out there that have not been attributed yet.
    1964 5C SMS, FS (Special Strike)
    Series: (None)

    PCGS SP68FS
    Why is not?

  • Looks nothing a like

  • JBKJBK Posts: 14,228 ✭✭✭✭✭

    ??
    No evidence that it is or could be the SMS but it is up to us to prove it isn't one?
    :s

  • WillieBoyd2WillieBoyd2 Posts: 4,996 ✭✭✭✭✭

    Another new member learns that "smileys" do not work in title lines.

    :)

    https://www.brianrxm.com
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  • morgandollar1878morgandollar1878 Posts: 3,980 ✭✭✭✭✭

    Your coin is clearly not an SMS, but still worth 5c because it's in circulated condition.

    Instagram: nomad_numismatics
  • That is what Im saying a Rarity that is clearly now worth nothing

  • HydrantHydrant Posts: 7,773 ✭✭✭✭✭

    @Changingpockets said:
    That is what Im saying a Rarity that is clearly now worth nothing

    BINGO!

  • There is 1 on ebay right now uncirculated going for 1600 but is worth over 3,000 so what you can is that yes worthless but is rare and none of you have one so it's not one out of a billion

  • JBKJBK Posts: 14,228 ✭✭✭✭✭

    :o
    It was never a rarity. That is the point.

  • morgandollar1878morgandollar1878 Posts: 3,980 ✭✭✭✭✭

    @Changingpockets said:
    That is what Im saying a Rarity that is clearly now worth nothing

    You can LOL people all you want but If you are so sure that is a circulated 1964 SMS, then please tell us all here what makes it so, because even if a 1964 SMS Nickel was circulated it would still be worth a fair amount.

    Instagram: nomad_numismatics
  • robecrobec Posts: 6,387 ✭✭✭✭✭
    edited March 6, 2021 2:56PM

    Didn’t you have a photo of the reverse yesterday? Most proof and SMS Jefferson’s had 5 or 6 full steps. There weren’t any steps on your Jefferson. It is well circulated. I doubt it would even make AU, let alone 68.

  • CatbertCatbert Posts: 6,265 ✭✭✭✭✭

    Assertions without evidence are unpersuasive. Can you consult your mother to provide any?

    "Got a flaming heart, can't get my fill"
  • coinbufcoinbuf Posts: 10,396 ✭✭✭✭✭
    edited March 6, 2021 3:46PM

    @JBK said:
    I think ABCDE12345 has returned with a vengeance!

    I was thinking this too, but this character has been here for 7 or 8 months now so too long ago to be a reincarnation. Just another dreamer or on drugs.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • divecchiadivecchia Posts: 6,460 ✭✭✭✭✭

    Why is it ruined?

    What am I missing?

    Donato

    Hobbyist & Collector (not an investor).
    Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set

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  • IkesTIkesT Posts: 2,172 ✭✭✭✭✭

    Too bad it's only 8.7 - if it was 8.8, it might be worth something... ;)

  • davewesendavewesen Posts: 5,465 ✭✭✭✭✭

    @Changingpockets said:
    There is 1 on ebay right now uncirculated going for 1600 but is worth over 3,000 so what you can is that yes worthless but is rare and none of you have one so it's not one out of a billion

    could you please supply a link or item number?

  • JBKJBK Posts: 14,228 ✭✭✭✭✭

    The OP has yet to provide any indication or explanation of why they think their coin is a SMS strike.

    We're being trolled. ;)

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    @Tom147 said:

    @mannie gray said:

    @Tom147 said:

    I think the OP is under the impression that this coin was a 1964 SMS example.

    mannie, I didn't want to respond like I have seen others do, to a new forum member like I have seen in the past. By ripping them apart, being rude or condescending. I surely didn't see anything special about the coin. I believe and I'm sure you will agree, we were all new once and most of us have probably thought we found a hidden gem or great rarity only to be disappointed.
    Although I've been a collector for decades, I don't know enough about the rarity ratings ( 8.7 ) I'm assuming that is how you figured out that the OP thinks it's a 1964 SMS. If and that's a BIG IF, it wouldn't matter due to the condition.

    I don't think I was bring rude or disrespectful.
    I'm not one to usually disparage new collectors. On the contrary, I try to educate and have spent many hours at shows and meetings talking to newbies and explaining things.
    The promoters of many shows I set up will direct neophytes to me because they know me and know I will be not only patient but also truly riveting. 😆

  • Tom147Tom147 Posts: 1,299 ✭✭✭✭✭

    @mannie gray said:

    @Tom147 said:

    @mannie gray said:

    @Tom147 said:

    I don't think I was bring rude or disrespectful.

    mannie gray, Perhaps I should have stated that differently. In no way did I mean that you were being rude or disrespectful sir. On the contrary, you responded in the way we all should. I was simply stating why I did not respond in a negative way to the OP. You also enlightened me as to what the OP possibly thought he had. For that I thank you. Having been a collector since the 60's, I'm still learning.
    From what you say you don't disparage new collectors. That's my point, none of us should. I get a little aggravated when others respond to a post in a condescending way that discourages the OP. After all, we were all new once. New collectors and new members to the Forum should be encouraged to ask questions, read and learn and not be discouraged from participating in this forum.
    Once again, bad writing on my part. No offense to you sir.

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    @Tom147
    Thank you for the clarification.
    I have been a bit grumpy lately! :/

  • Tom147Tom147 Posts: 1,299 ✭✭✭✭✭

    I didn't see any grumpiness. Totally my poor composing of my comment.

  • mr1931Smr1931S Posts: 5,757 ✭✭✭✭✭

    looks like an ordinary 1964 nickel to me

  • DavideoDavideo Posts: 1,361 ✭✭✭✭

    Sometimes the attribution for novice collectors is "because I want it to be". Assuming the OP is not a troll, I assume his attribution is along these lines. Sometimes they will listen to reason, explanations, etc. Other times any doubt just increases the "because I want it to be" attribution.

  • Well thank all of you for your input well send it in and well get back with the truth

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