Grading question
razzle
Posts: 993 ✭✭✭
Are coins from the Special Mint Sets of 65-67 graded by same standards as all mint state coins? In other words, if one has a well-struck coin from a Special Mint Set, do the price guide prices apply the same as with all uncirculated coins?
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In general, yes. They are graded as specimen coins, I believe, but similar standards apply.
No there are separate price guides for SMS and MS. You don't use the guide for a mint state coin when pricing an SMS coin, just as you don't use the SMS price guide to price MS coins.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
they also are graded a little more like proof coins
It looks like you’re asking two different questions, which is causing some confusion.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Thank you all for the feedback. MFeld, it does sound like 2 questions, sorry. I have a nickel from a 1967 SMS which has a crisp strike and full steps. I am trying to approximate its value but am unable to find any PCGS listing for it other than as a set or as a regular strike. I am aware that more recent SMS coins have individual listings like the 93 and 97 nickels and 99 dime among others. My '67 nickel in MS 65 lists for ~$8k I think, which I would very much like to believe.
You are not looking in the correct spot, you have to select special strike when looking at coin facts. Alternatively, you can look at the auction archives at the auction firms. Here is a snapshot from Great Collections for a recently completed sale for a 1967 SMS nickel. Also like proofs SMS coins are expected to have excellent strikes and full steps so steps are not considered in grading.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Most 1967 SMS nickels - even in higher grade - are of low value, as they’re common.
Here’s a link to the PCGS price guide for SP”/“SMS” nickels: https://www.pcgs.com/prices/detail/jefferson-nickel/84/most-active/sp
I don’t know where you got your $8000 figure for an MS65 non-SMS example, unless you looked up a 1966 by mistake. Regardless, the value of a non-SMS has no bearing on the value of an SMS example.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I said '67, meant "66, my error. From Price Guide:
1966 FS
1,250
2,000
3,500
8,000
8,500
40,000
I will look at the site you gave. Thank you.
SMS coins are not graded in a way that mentions full steps or not. SMS coins get an SP grade like sp65. The only added designations are CAM and DCAM. The price difference you noticed is for MS coins with full steps.
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Your off by about $7990.