Will PCGS start designating 5FS and 6FS for Jefferson’s?

rayovac

If they do, how will that affect the registry point system?

I am personally in favor of this change. If you are too then you need to email David Hall to let him know how you feel. Perhaps we can get PCGS to make this change.

As far as the reigstry point system perhaps one or more of the following would need to be changed:

- Give 6FS coins 5FS bonus+1
- Give seperate wieghts/bonus's for 6FS
- or?????????????????????????????????

NIckelCollector

Here was David Hall's response to a similar question I asked in the Question and Answer forum in May of last year. It seems PCGS could have beat NGC to the market with this new service. I hope they do change the designations to 5 and 6 steps.



Saturday May 10, 2003 3:31 PM

In my opinion PCGS is the best and most consistent grader of full step Jefferson nickels in the industry. Your definition for 5 full step is right on.

Now for my question: Why not further identify 6 full step coins?

It could be as simple as:

- Less than 5 full steps no "FS" designation - no change in policy,

- 5 full steps with no nicks, bridges etc. gets a "FS" designation - no change in policy,

- 6 full steps with no nicks or bridges etc would get a "6FS" designation.

This could be an easy way for PCGS to implement the change and it would add value from a full step collector standpoint. Many Jeffersons that are common with 5 full steps may be extremely rare in 6 full steps and would command a market premium.

Frank Corso



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(The Corso Collection) Always looking for high quality proof and full step Jeffersons especially a MS 1942 D over horizontal D


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homerunhall
Collector

Posts: 1244
Joined: Apr 2001
Tuesday May 13, 2003 11:22 PM



Frank...First...great respect from me to you for your outstanding collection.

I feel that the 6 step designation should be left to the ultra specialists at this time. I think it is similar to Mercury dimes with "full bands" and "fully rounded bands." I think the 6 steps designation might bring more confusion into the market place and may be a negative.

David

Text

cointime

Ray,
I'm sure you are talking about NGC's new designation as either 5FS or 6FS. I just read the news release and wanted to post here (I'm sure someone already has done this on the U.S. coin forum) in case others have not seen it. I think it really does deserve to be put on the slab, since coins with 6 FS are tougher to find. Let's see if PCGS follows suit or adds a different twist.....

Ken

mdwoods

Most people have to glass coins now to see if they are FS. I think it might just be splitting hairs to designate them further.