2007 Jefferson Nickel mint state – interesting finds and observation - grades in

NIckelCollector

Since there are basically no 2007 MS certified nickels being sold I purchased 100 rolls – 50P & 50D in the hopes of finding some MS66FS or MS67FS coins.

Well it was just a hope – after going through 4000 coins here is what I found

-2007P – about 12 coins with a filled lower “E” in “In God We Trust”

-2007D – about 9 coins with various stages of “Trust” missing due to dropped letters or die wear

-Several “P” and “D” coins that looked like they came from satin blanks not mint state – this will really screw up the TPGs

-One blank planchet with raised rims

Finding full step coins will not be a problem - about 1/3 had clean 6 full steps

-Finding high grade coins however will be a challenge. Most coins graded less than MS63 with most having several deep cuts that are clearly visible to the naked eye

-I pulled out about 20 coins – maybe 12 - MS64FS, 7 – MS65FS and maybe 1 MS66FS. Submitted the potential MS65FS this week to PCGS.

Based on this I’m guessing this could be the most difficult year since 1998 in finding high grade FS coins. Current pop #s show only 6 coins in MS66FS with none higher.

Anyone else with different or similar results?

Frank

FullStepJeffs

Frank,

Since the change in the uncirculated mint sets to a satin finish, the odds of finding a high grade coin in rolls are extremely difficult. I went through 10 mint bags of buffalos in 2005 and probably 2K worth of 2006's looking for 67+ grades... with absolutely no luck.

Sounds like the 07's aren't any better.

Steve

quickwing

Interesting information.

I've holed some rolls (bank rolls) because of the preceived shortage of this date, but from your info I'll probably just get my 2 bucks back.

TrustNo1

any value on the blank with raised rims?

CarlWohlforth

Thanks for reporting your findings.

I've been buying rolls at my bank but they are all circulated. I haven't looked at the coins in detail yet, I'm just hoarding nickels.

It seems that these days the lower relief design is helping the Mint produce a much larger percentage of FS Jeffs...

Type2

I did the same, In 2006 and I found that the higher Grade's are in the mint rolls dated 01/05/06 not the bank rolls, I bought some of the first roll of 2006 and found that they are the nicest coin in rolls in 2006. Now for the 2007 I have 16 box's P/D and opened 5 with same results. there will not be to many in high Grade's for this year. I will keep trying to get the higher Grades but it may be MS-66FS for the highest for this coin. At MS-65FS the price gide is @ $50.00 I think it will go a lot higher then that like the 1983 Nickel but that is just me.

NIckelCollector

Carl

There is no doubt that the new design is having a positive impact on the % of full step coins.

Type2

Did the mint offer rolls of 2007 Jeffersons this year? I probably should pay closer attention to their emails?

Frank

morgansforever

I would assume that 67 FS is quite a rarity.

Most have full steps as pointed out, but finding that gem is quite a chore. So many have that bagged up obverse.

This is my prized find, I think it will go 7 with full steps.

Straight out of a bank roll.

NIckelCollector

Morgansforever

Great find - I'm guessing there will be very few MS67FS. In my first post I said there were some coins that looked like they had a satin finish in the rolls I searched. If you asked me to grade this coin without any other information I would say MS67FS satin.

Do you think this coin has a satin look? If so how do you think PCGS would designate it - satin or MS?

BTW - if you decide to sell it - PM me.

Frank

morgansforever

Frank, I managed to pull 12 out of an entire box of this quality.

Others are in 65/66 range, all with nice clean steps.

Modern rarity, in 67FS for sure.

The coin doesn't have a satin look, just a clean business example that survived the gauntlet.

I'm hoping PCGS agrees with my standard

morgansforever

NGC's definition of 66 FS.

I think I'm in the ball park!

cladking

Without mint set coins there are going to be a lot more circulation issues that prove to be scarce in gem.

morgansforever

Speaking of satin finish. I received this for change, this piece is odd.

It has a thick satin look. Nothing like the others I have, that came from mint sets.

In fact the steps are better than the ones that are sealed, and this was circulated!

Type2

<< <i>Carl

There is no doubt that the new design is having a positive impact on the % of full step coins.

Type2

Did the mint offer rolls of 2007 Jeffersons this year? I probably should pay closer attention to their emails?

Frank >>

No rolls in 2007 from the mint you can only get them from the bank just like 1982 / 1983 but in 1982-83 they did sell a specail mint set and they dont do that any more, That is one of the reason I think this Nickel will be a good one to keep for now.

Type2

This is one I have in a PCGS-66FS holder.

NIckelCollector

Here are the results - a little disappointed not 1 MS66FS. I still believe these will be difficult to find in MS 66 & 67FS.

Line # Item # Cert # PCGS No. CoinDate Denomination Variety Country Grade

1 1 11919911 149708 2007-P 5C US MS64FS
1 2 11919912 149708 2007-P 5C US MS64FS
1 3 11919913 149708 2007-P 5C US MS65FS
1 4 11919914 149708 2007-P 5C US MS65FS
1 5 11919915 149708 2007-P 5C US MS64FS
2 1 11919916 149712 2007-D 5C US MS64FS
2 2 11919917 149712 2007-D 5C US MS64FS
2 3 11919918 149712 2007-D 5C US MS65FS

leothelyon

<< <i>Here are the results - a little disappointed not 1 MS66FS. I still believe these will be difficult to find in MS 66 & 67FS.

Line # Item # Cert # PCGS No. CoinDate Denomination Variety Country Grade

1 1 11919911 149708 2007-P 5C US MS64FS
1 2 11919912 149708 2007-P 5C US MS64FS
1 3 11919913 149708 2007-P 5C US MS65FS
1 4 11919914 149708 2007-P 5C US MS65FS
1 5 11919915 149708 2007-P 5C US MS64FS
2 1 11919916 149712 2007-D 5C US MS64FS
2 2 11919917 149712 2007-D 5C US MS64FS
2 3 11919918 149712 2007-D 5C US MS65FS >>




And you have been collecting this series how long?........20 years! And you can't pick out a MS66 coin? Unbelieveable!
Were you hoping for a MS66FS or did you actually believe you had a couple prospects nailed down? If there's anyone who can
spot a high calibur coin, it would be you! or Ray, MikeD and Al!


Leo

BigDowgie

Frank,
Amazing, eh! I think PCGS is still trying to figure out how to grade the new obverse. There is no place to hide any minor ticks with so much open smooth surfaces on the portrait and the fileds. The old portrait could soften a few ticks with the hair and coat. The main focal point was the face. If the face is clean, it was easy to discount a few ticks elsewhere. Now there is such space in the wide-open face and fields, those minor ticks jump out at you. We'll have to give PCGS some time or we'll have to search long and hard to find a few nice examples of 2007s as that 2006 from morgansforever. It's looking like 2007 might be a little tougher than 2006!
Mike

BECOKA

Wow, they are grading every series tight right now. I wonder if this will bring a new high priced market to the top pops for new coins going forward.

smokincoin

I'm staring at a sealed $100 brick of '07-D Jeffs and for some reason it's just staring back at me! Thanks for the informative posts! Guess I'll go ahead & start searching them. Anybody else, like me, who loves putting this chore off? I've caught myself making up excuses to not do it. Searching 50 rolls takes an awful lot of sheer will power, determination & time.

quickwing

Thanks for the post and the info.
07 could be an important year down the road for any high grade finds.

leothelyon

-Several “P” and “D” coins that looked like they came from satin blanks not mint state – this will really screw up the TPGs

Maybe this is the reason why they're (this and many others) not included in the registry! Kudos to the US Mint!


Leo

clackamas

<< <i>

<< <i>Here are the results - a little disappointed not 1 MS66FS. I still believe these will be difficult to find in MS 66 & 67FS.

Line # Item # Cert # PCGS No. CoinDate Denomination Variety Country Grade

1 1 11919911 149708 2007-P 5C US MS64FS
1 2 11919912 149708 2007-P 5C US MS64FS
1 3 11919913 149708 2007-P 5C US MS65FS
1 4 11919914 149708 2007-P 5C US MS65FS
1 5 11919915 149708 2007-P 5C US MS64FS
2 1 11919916 149712 2007-D 5C US MS64FS
2 2 11919917 149712 2007-D 5C US MS64FS
2 3 11919918 149712 2007-D 5C US MS65FS >>




And you have been collecting this series how long?........20 years! And you can't pick out a MS66 coin? Unbelieveable!
Were you hoping for a MS66FS or did you actually believe you had a couple prospects nailed down? If there's anyone who can
spot a high calibur coin, it would be you! or Ray, MikeD and Al!

Leo >>




yeah, its so easy, there are trillions of high grade coins, I bet the one in my pocket in an MS68.

Frank, the reason there are no other graded ones is that its so dang tough with no reward. I did a large portion of the 06 Circ strikes, I went through 4 bricks each of the P's and D's. the reason I did it was to make a circ srike set for my son born in 06. I did make a 67FS D and 66FS was the best I could muster of the P's. BTW - I think the 68FS 06-D is a SF coin, it has to be. If any one knows about this coin please let me know.

cladking

Everyone knows this here but it bears repeating anyway.

Just because a box has no or few gems it doesn't mean the coin will be scarce in gem. Indeed,
you can look through many such boxes before it even constitutes a good sample of what was
produced. Gems not only tend to "bunch up" geographically but sometimes chronologically. They
might make most of the gems in early June or they are mostly shipped to Seattle. It just takes
time for it to get sorted out and see if anyone was able to catch them before they got into circu-
lation.

Now days there are a lot of people looking for these so if some got made some will probably get
saved.

sinin1

I feel it might also end up like SMS issues


if very well struck, and few marks then SF (or SMS)

irregardless of source


especially when poulations are low for top grades

GRANDAM

I have a PCGS MS66FS 2007-P & 2007-D Jefferson Nickel for sale. MINT STATE. not Satin Finish.

BST FORUM

Thanks, GrandAm