Anyone think Jeffs will get at least warm this year?

clackamas

New design comming out. Do you think this will heat the Jeff market up? If so how much?

66Tbird

I'm kind of looking forward to it.

I'll tell you one thing, the 1938 concept nickel thats out just blew me away, it's quite nice on the eyes, and .9999 silver to boot.

Trooper

I have seen those concept nickels....$80 beaners on BINs for the pair(matte&proof).

I was thinking of picking a pair up. SEGS encapsulated but that's no problem for those guys.

Tom

wondercoin

I think there is a good possibility the MS Jeff series really heats up at the Portland ANA Heritage sale next month. I believe there will be a dozen or two "killer" Jeffs in that sale. Coins you rarely, if ever, see - such as a 1954(s) in PCGS-MS65FS with KILLER STEPS I believe or the seldom seen 1945(p) in PCGS-MS67FS, or a VIRTUALLY NEVER SEEN 1950(p) in PCGS-MS67FS to name a few! It could be a true "watershed" event for the series.

Wondercoin

RGL

It may just be wishful thinking (considering I have two extra Registry sets of 1938-64 Jeff proofs I have been awaiting the design change to sell), but I think we will see an uptick in interest and higher prices on 66 and higher Jeff proofs, particularly the 1938-52 coins in PR-67, with nice increases on '50s CAM material in 67 and 68 ... It's been pretty difficult to meet the demand for better pieces in the current market, let alone any increase in interest because the 1938-03 coins will be a completed "design" type...

clackamas

>>>It could be a true "watershed" event for the series

Are these our tears seeing coins we can never have? I do hope a bunch of new material hits the market. I would love to see some of the war POPs increse to affordable levels - like what the Benson hoard did to the 43-P. From 3 to 26 in 67FS.

dbldie55

I think they have already started to warm up. Not sure where it will go, but I think it will certainly rise.

MadMarty

I just got mine in, BINed them for $80! They are very nice!!!

coinkat

I buy nice looking Jeffs when I see them. This is a series that has something for everyone... For example there are budget busters such as the 1953-s in MS65 FS and on the other extreme, a 1940-D MS65 FS that can be found for a very inexpensive price. I still think that something SHOULD happen with the grading with respect to the Full Steps designation. I have seen afew 52-s and 54-s with Full Steps that have a weak Monticello. In contrast, I have seen really attractive 53-s examples that have an above average strike with respect to the detail of Monticello and these examples DO NOT have Full Steps.

It seems that the pricing and perceived value of the Full Steps seems inconsistent in connection to some issues... I know that a 53-s MS65 FS graded by PCGS would fetch a bundle, mostlikely in excess of $10K. However, what is the premium, if any, for the same date that grades MS65 and misses the FS designation, but has a terrific looking Monticello? Is $35-$75 a reasonable range? It seems that the FS designation is perhaps too black and white and some attractive coins worthy of a premium may be getting overlooked. But now to answer your question... I think several Jeffs will do well but it may not be across the board for the entire series, including proof issues.

poptopsRus

I think over the last year demand has incresed with the anticipation of a new design and I think it will continue to grow. Nice Jeffs are getting harder and harder to find, especially with the early proofs.

keets

hey clack

prices are already up for the Mint State coins in Full Step at least, mainly due to more collectors. a second factor is that material that's been held for awhile is starting to be sold. i would caution anyone who is entering/involved in this segment to look the coins over closely. recently, some of what i've seen has been discouraging----far too many FS designated coins with contacts in the step area. the coin in this auction is a prime example. a tough date that seems to be properly graded with major step contact!! just wrong, end of discussion, nothing to be said about "it's on the holder" cause it's on the steps!!!

i've seen way to much of this lately and it's caused me to become cautious and stop buying, at least in the short term.

prices for Proof coins, on the other hand, should stay right where they are and make me happy!! it amazes me that nicely frosted/contrasted Jeffersons are so much scarcer/rarer than the other denominations, yet seemingly cheap. the years 1956-1958 are true sleepers if you've been paying attention, they have nowhere to go but up, up, up. the services tend to grade those years a little softer as far as frost.

i think the whole series is poised to move, but it's been like that for years. one thing that i figure is holding it back, especially MS coins, is the fact that collectors perceive a boatload of unsearched coins still exist, rightfully so.................but, some of the dates won't be aided with the entry of all those coins on the market simply because the abundance of Full Step coins don't exist.

my gut feeling about the Jefferson series-----collect it now because you enjoy the design, the challenge and the satisfaction. put together the best set you can, be that Proof or MS and continue to upgrade. just be prepared to wait for some time till the prices realized for the series as a whole rise. top grade and key dates will do well now, just not the whole series.

al h.

sinin1

the war nickels in fullsteps are going to be up 43% in 2004

clackamas

Keets, I agree you really have to look at the steps, especially on high end coins. So many just are not "full step". I get my coins fairly graded with regards to full steps, maybe even a little tight in that a technical full step though weak may still not get the designation but the coins I have purchased have bridges. Its the bulk submission that get through. I purcahsed a 44-D in 67FS that was by no mean a FS coin recently. Sent it back and the dealer had the gaul to tll me it was FS. No its not - Just got a 43-P in 67FS and its not a FS coin either. This one is going back to PCGS and the funny thing is that it was the finest of the bunch from what I hear (Benson).

291fifth

I expect to see a sharp increase in interest in Jefferson nickels...but the value increases will be largely confined to high grade, slabbed specimens. Jeffersons have been dormant since the early 1960's, an era in which circ. sets were very popular. This time around, though, I doubt if the circ. coins will generate much interest...the coin market has changed over the years.

I expect to see considerable new interest in all nickels, not just Jeffersons. The nickel series, since it starts fairly late (1866) is completeable. It wouldn't surprise me to see the greatest increase in prices among Shield and Liberty nickels, two series that have never really been in the limelight and are probably underrated. This is especially true for the Shield nickels.

Steve27

There has already been increased interest in Jefferson Nickels, and the Mint is going to make a mint selling rolls of the new designs. Will there be an SMS set?

nwcs

I think it will help, but I hope the market stays lower for a while. That way I can keep snatching premium coins for a bargain basement cost. My jefferson album is starting to look stunning with high end examples in most slots.

pontiacinf

lets see...these in my set are climbing steadily:

1971 no S PR68CAM

1997 SMS MS70FS

1955 PR67DCAM

I got rid of my other varities, Dennis wanted to sit for em for a few years

cladking

The new nickels will help to focus the hobby's attention on nickels but more
importantly it will help to focus the public's attention on coins. The primary
beneficiary of this will likely be the mint since they are the sole source for the
near future, but everyone who starts collecting as a result of these coins will
help to secure the hobby and its future. This probably won't have nearly the
magnitude of impact that the states coins did simply because most of the easily
recruited people are already on board or moved on by now, but there will be
many who are interested in Lewis and Clark or in indians who will find these
coins fascinating and collectible.

There will be a lot of nickel sets started and brought up to date and this will stress
some supplies of seemingly common dates. There probably aren't more than a
million BU '50-D nickels any more and this is a $5 coin. This says a lot about some
of the older, in demand, issues which command a lot more and it says something
about some of the late, out of demand, issues which command nearly as much.

anoldgoat

Went to a small (40 table) show in San Jose recently and found one out of the 25 Jeffs I need to complete my collection. At least it was the last "proof only" I needed. None would seem that hard to find, no keys, but nice looking uncs are getting hard to find.

keets

None would seem that hard to find, no keys

your kidding, right?? perhaps that statement is correct for the basic set in a grade of MS65 and below with a wheelchair ramp where the steps should be!! if you're doing more than just filling holes in a book it can get considerately more difficult. some of the acknowledged varieties are quite elusive, even already holdered or sold raw by a dealer/collector who knows what he has.

al h.

seanq

I think nickels will definitely increase in interest and value this year, so much that I picked the 1938 in Proof-65 for that which-coin-will-appreciate-most contest.

At the WESPNEX show in White Plains in November, a couple of the guys I usually hit for nice quality Jeffs didn't even have them on their table - they were holding back their inventory until the new design came out. I sold most of my high-end nickels last year, now I'm wishing I had more.


Sean Reynolds

CarlWohlforth

The super scarce top proofs already have moved up in the past year. I'm hoping more people will start collecting them and the next tier down will start moving. I have noticed a few new proof Jeff collectors so maybe my wish will come true.

I think it would help if it turns out that this current design will be retired for good.

Numismanic

MS66FS Jeffersons especially S mints are getting really tough to get hold of lately,
though I snagged a PCGS66FS 40s pop 57/5 for a $117.00 last month on eBay.