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Need help gradeing this Jefferson

I just bought this Jefferson from my local B&M shop. The pictures do not show it but it is Full Step but it also says Gem BU. Now I am not a Jefferson Expert but can anyone tell me if this Jefferson is a Gem BU and worth 40 dollars. Like I said I can see all stepts very well with my loop but the pillars are awfull weak.
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Thanks
RACC
I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the very freedom I provide, then question the manner in which I provide it. I prefer you said thank you, and went on your way, Otherwise, I suggest you pick up a weapon, and stand to post. Either way, I don't give a damn what you think you are entitled to!

Comments

  • TennesseeDaveTennesseeDave Posts: 4,809 ✭✭✭✭✭
    That gash below the 2nd pillar from the left will keep it from getting FS designation.
    Trade $'s
  • imageimage

    I agree , that gash is not good....................




    Dan
    Fishing is not a matter of life and death.......It's much more important than that........
  • So 40 dollars for this Nickel is way to much then.
    RACC
    I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the very freedom I provide, then question the manner in which I provide it. I prefer you said thank you, and went on your way, Otherwise, I suggest you pick up a weapon, and stand to post. Either way, I don't give a damn what you think you are entitled to!
  • The Red Book value of a 1990 P or D Jefferson nickel in MS 65 is $1.
    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image
  • jhusmanjhusman Posts: 1,082
    Do you have a redbook? Lots of answers in there for beginners.
  • 66RB66RB Posts: 2,516 ✭✭✭
    I don't think that is a FS example, not with the digs across all of the stairs.

    The 1950-D is actually very common due to being hoarded when it was issued, therefore it is not rare and is very easy to find. If you were to go into any coin show you will find multiple examples to choose from, most likely no where near $40 either, probably much less.
  • JeremyDie1JeremyDie1 Posts: 2,383 ✭✭✭
    image
  • fcfc Posts: 12,793 ✭✭✭
    i wonder what saintly dealer sold this coin? ANA member, must be.
  • $20 Red Book value for a $1950 D in MS 65
    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image
  • Well I did have the red book and I thought the full step would bump up the price. I will be taking this back tomorrow. You can't the nick with a 16X loop but the pics brought it our right away.

    Thanks
    RACC
    I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the very freedom I provide, then question the manner in which I provide it. I prefer you said thank you, and went on your way, Otherwise, I suggest you pick up a weapon, and stand to post. Either way, I don't give a damn what you think you are entitled to!
  • fcfc Posts: 12,793 ✭✭✭
    i recommend never going back to this dealer. ever.
    consult leo or keets on your next nickel purchase.
    heck, ask them if they have a dupe or something they would
    like to see you own. ask them to keep an eye out for you.

  • PCGS price guide for 1950-D MS 65 is $40 & $80 with full steps.
    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image
  • The coin belonged to his partner not him but I agree I need to be more careful.

    Thanks
    RACC
    I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the very freedom I provide, then question the manner in which I provide it. I prefer you said thank you, and went on your way, Otherwise, I suggest you pick up a weapon, and stand to post. Either way, I don't give a damn what you think you are entitled to!
  • LALASD4LALASD4 Posts: 3,602 ✭✭✭
    au non fulstep, still worth 5c.image
    Coin Collector, Chicken Owner, Licensed Tax Preparer & Insurance Broker/Agent.
    San Diego, CA


    image
  • coinkatcoinkat Posts: 23,863 ✭✭✭✭✭
    Return the coin if that is an option.

    edited to add:

    This is not even close to full steps... sorry

    Experience the World through Numismatics...it's more than you can imagine.

  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>i recommend never going back to this dealer. ever.
    consult leo or keets on your next nickel purchase.
    heck, ask them if they have a dupe or something they would
    like to see you own. ask them to keep an eye out for you. >>



    Well I certainly wouldn't recommend this but I would recommend being more familiar with what you are buying before you buy it! Especially if you are paying premium prices.

    As was pointed out, the 50-D nickel was hoarded by the roll and even though they only made 2.5 million, they are quite common. Lots of Dealers got heavily invested in these back in the 50's (not that many of them are around anymore) and this nickel saw prices as high as $75 each primarily because of its low mintage. The back side to that was that everybody had one so the prices just never really excalated and stayed there.

    But, the coin still carries the "key" tag and the low mintage is there for everybody to see! This is a good thing for dealers and a bad thing unwary collectors wanting to gather up the keys for their sets as they are easily duped into paying big bucks for a relatively common coin.

    I'd take it back and do some more shopping. Remember, just because a coin is labelled a "key" does not necessarily dictate a big price.

    BTW, I wouldn't recommend getting into a pi$$ing contest over the steps with this dealer as you're libel to end up with him convincing you its a great buy. Just say you examined the coin more closely and have determined that it is not a full step coin and you are looking for a Full Step 1950-D.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • pontiacinfpontiacinf Posts: 8,915 ✭✭
    AU range, and as noted the hit on the steps will preclude it from FS designation.

    I dont know if your branching out to jeffersons in your collecting, but if you are, I have a copy of Bernard Nagengasts jefferson nickel analyst that will help you greatly understand the series image
    image

    Go BIG or GO HOME. ©Bill
  • i wonder what saintly dealer sold this coin? ANA member, must be.

    ROFLMAO!!!
  • leothelyonleothelyon Posts: 8,492 ✭✭✭✭✭


    << <i>So 40 dollars for this Nickel is way to much then. >>



    4 Cents is way to much! image


    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • leothelyonleothelyon Posts: 8,492 ✭✭✭✭✭
    But I should add, get to know the qualities a coin must have before you buy them. A nickel's grade can range from very fugly to super nice and learning what makes that coin collectable will make you a true coin collector. The strike of your coin (and I really hope you can return it) is very weak and that may very well be the reason why it has steps. The fuller the obverse gets, the less of a chance that coin will have steps because the nickel alloy (metal) will need to fill in all those areas of the dies. Then again, I've likely gone too far in depth with this. image
    Do I have a dupe? Heck, I could probably gather up a 50+ certified and raw on average MS65 full step set for around 5 grand, lower or higher! Depends on what I throw in there. image



    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

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