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help me price this coin

I have just recently started collecting coins and i found 6 1988 FS (full steps) Jefferson nickels in perfect
condition. I was curious and looked them up in the price guide and it said they were worth $495.00
each! What could possibly could make them worth that much?



Well I know its not worth $500.00 can someone tell me the real price

Its a 1988-D. FS Jefferson nickel the grade is MS67

sorry dont have a pic

Comments

  • fcloudfcloud Posts: 12,133 ✭✭✭✭
    Welcome to the boards!

    Don't have any info for you, but those would be certified coins in which make the grade.

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • RussRuss Posts: 48,514 ✭✭✭


    << <i>looked them up in the price guide and it said they were worth $495.00
    each! What could possibly could make them worth that much? >>



    First, they aren't worth that much. The price guide is wildly inaccurate. However, even at half that price, it would indicate they are very difficult in FS.

    Second, FS doesn't mean full strike, although it is a strike designator. It means Full Steps. I think you'll find that this is not as easy as may appear at first blush, particularly considering that the price guide value would indicate a certain degree of difficulty for this particular coin.

    Finally, welcome aboard!

    Russ, NCNE


  • << <i>FS (full strike) Jefferson nickels >>



    Really.....???.....pfffff


    image
  • JohnZJohnZ Posts: 1,732
    FS stands for "full steps" on Jeffersons. See the picture below for a guide. Only coins graded by PCGS or NGC at MS 68 or higher would realize those prices, and even then, I would never pay that kind of money for a modern nickel - pocket change as far as I'm concerned, but there are a lot of folks who like high-grade moderns.

    Welcome to the boards!

    image

    We ARE watching you.

    image
  • RussRuss Posts: 48,514 ✭✭✭
    Checking the price guide, I see that you are looking at MS67FS. Checking the pop report I see that this would be a pop 5/1 coin. Checking common sense, I conclude that the likelyhood of you having six examples that would grade MS67FS is about equal to me winning Power Ball.

    Russ, NCNE
  • The thing is I found the coins in a little tin can in my closet. The reason I looked them up in the price guide was because they were in a plastic package. So I didnt purchase them i stumbled on to them.

    o and ms67fs is the right grade.
  • BubbleheadBubblehead Posts: 1,621 ✭✭✭
    Welcome.
    Oh, and I would certainly send them down to PCGS for grading, were I you. Heck, Jeff's, in MS67FS would be very popular right now.

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