1942 Silver War Nickel (PCGS-PR69) 1/6000 Ever Graded This High!!

wondercoin

I am now considering offers on the only Proof Jefferson Nickel from the 1938-1942 era that has ever achieved the PR69 grade!! Roughly 6000 nickels from this era have already been graded by PCGS with -6- achieved the PR68 grade. This is the only nickel from that era that has ever achieved the PR69 grade!!

PCGS has graded less than 6,000 Mint State Jefferson from 1938-1964 and -4- have achieved the ultra-rare MS68FS level. This 1942 Ty. 2 War Nickel in PCGS-PR69 is the ONLY PROOF 69 NICKEL TO EVER ACHIEVE THAT GRADE LEVEL FROM THE ROUGHLY 6000 PROOFS ALREADY GRADED BY PCGS.

This is possibly the rarest Jefferson Nickel in existence today, or certainly in the top two with the 1954(s) in PCGS-MS67FS I recently handled!!! I hope to sell this coin to a forum member

Wondercoin.

CarlWohlforth

Last time I looked there were no '42-Ps in 68. Now there are two in the Jan pop guide. Now we have one in 69.

Was there a high grade hoard?

Does anybody have a '42-P in Cameo?

wondercoin

Carl: I really have no idea about hoards or the like. I was asked by the owner of this coin to sell it. But, with an original mintage of around 27,000 pieces, what is a hoard - 20 coin?? Wondercoin.

MoneyLA

Mitch, can you give us a range for making an offer? thanks, alan

clevegreg

There ahs been a fairly large group of Jefferson collectors, who until recently didn't consider slabbing to be of any particular value. I suspect with some of the high prices being brough by quality pieces, some of these collectors may be bringing their coins out to play. I know I have seen some raw sets that are just awesome.

Greg

BNE

Carl raises an interesting question about the existence of a 1942-P Cameo. Does PCGS "officially" even recognize these? I believe NGC does, but I thought the years 1938-1942 (for Jeffs) were not even eligible for Cameo designation at PCGS (as is borne out by the fact there are none in the current pops). I think these years should be considered for the designation, if the coin merits it. Is it that PCGS does theoretically recognize these, but none submitted have been "good enough" yet?

This also relates to a comment I read a few weeks back attributed to David Hall, discussing extra points for CAM and DCAM designations in the context of reweighting of sets. If I recall correctly, the tenor of it was that he said Cameos were so unusual for the '36 up until 1950 period that they were virutally "freak" coins that didn't merit as large of a point increase as would be the case with coins from later years. Seems to me the more "freakish" (and unique) the coin, the more extra points it should get. Imagine a complete Cameo set from '38 to date! Whew!

CarlWohlforth

I think somebody might just show up with an early cameo Jeff. Somebody did show up with a cameo Walker And our own Merz2 came up with a cameo Lincoln. I have two that have some cameo, a '38 and a '40.

I understand that if one does come up it will be weighed heavily like a 50's cameo. The date should be weighed more heavily as well.

gmarguli

PCGS does recognize CAM/DCAM for these coins. They don't list them in the Pop report. I think they are waiting a while (year) before adding them to the Pop report to prevent any "low-pop" abuse.

Over the years I've encountered several *light* cameo early proof Jeffersons, so I would assume that there are a small handful that would merit the full CAM designation out there somewhere.