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Jefferson's: 6 Steps vs. 5 Steps

To all of the FS Jefferson collectors,
Would you like to see PCGS note on the slab when they certify a FS Jefferson with 6 steps. Maybe it would just add more confusion to the Registry. Seems like some of the more common 5 step dates are really scarce and maybe even rare in 6 steps. I don't know if they (PCGS) have worked out a "weighting" system yet, but maybe this is something that could be included. Might be more work than it is worth. Any thoughts?

Bruggs

Comments

  • There's no need for it to be anymore confusing. It would also be costly because people would have to resubmit their coins.


    For some life lasts a short while, but the memories it holds last forever.
    -Laura Swenson

    In memory of BL, SM, and KG. 16 and forever young, rest in peace.
  • Some Jeffersons are rare in full steps as the current pop reports indicate. Other full step coins while available in full steps are rare in 6 steps.

    Accordingly, a substantial premium could be justified for these coins. I certainly think a 6 step designation would be very helpful to Jefferson collectors.

    While I have upgraded many 5+ FS coins over the last year, I have not sold a single 6 step coin that may be a grade lower than my current registry coin that in my opinion is rare in 6 full steps.

    Frank
    (The Corso Collection) Always looking for high quality proof and full step Jeffersons - email me with details

    My Jefferson Full Step Variety Set (1938 - Current)

    My Jefferson Proof Variety Set (1938 - Current)
  • leothelyonleothelyon Posts: 8,466 ✭✭✭✭✭
    Would you like to see PCGS note on the slab when they certify a FS Jefferson with 6 steps.

    Well......, yea! image

    Maybe it would just add more confusion to the Registry.

    Actually, it would straighten out that series in the Registry. image

    I don't know if they (PCGS) have worked out a "weighting" system

    They probably are but there will be a major drawback when it happens. image

    Accordingly, a substantial premium could be justified for these coins.

    Or there may be a drastic reduction in value for those common date 5 steppers that get superceded by 6 steppers. Of course, this would not ring true for the cross game, IF they cross. The likely MS67 6 step candidates would be the 40-D, 41-D, 43-D, I really can't think of any other dates that are considered common in 6 steps other then the upper 1980's and on. In addition to these 3, other common date
    MS66 6 steppers would include the 40, 41, 42-D, 43-S and the 44-D and 1987 and up.
    Other than a premature surge of prices paid for those very first common 6 steppers that arrive on the scene, there could very well be a drop in value for those same dates in five steps.
    This may also be a good reason for only a half point credit for 6 steppers unless rarity actually plays a role.

    Translation please!

    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

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