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 Replies: 49 / Views: 5,147 |
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Valued Member
United States
78 Posts |
Blackjack - do you expect him to tell you it would be a bad idea - even if it was? not being sarcastic - just wondering
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Valued Member
United States
402 Posts |
blackjack This FS designation wasn't around until not many years ago. Our forum members could probably tell us what year it started with PCGS. I know people are sending Jefferson's back to PCGS to get them upgraded to FS. So it may be possible yours are full steps and were slabbed before that came into effect. All I know is every time I try to sell slabbed Jefferson's the first question asked "does it have full steps"? If not I lose a buyer a lot of times. Right now steps seems to be everything on the Jefferson's especially the more modern ones. I would inspect that batch very carefully especially for the strike on the steps. MS65 doesn't mean it will have full steps. I personally think its an OK price for the set for a collector but for an investment I would go to the higher grade meaning FS. You can check NumisMedia for the prices on both FS and non FS. I'm now selling to buy the higher grade FS. As I said I wish I would have went that route in the first place. Same with Mercury dimes that now carry the FB (Full Bands) designation. Think its the Mercury! Maybe its the Franklin. These are my opinions only. Thats what we are all here for. edgman     |
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Valued Member
 United States
386 Posts |
Indianaman, I'm glad you asked. It's a good question. Yes, I do think he would tell me. And it's not just because I conduct myself that way and expect that from others, but I have a professional relationship with this man. I trust him. I feel it's a two-way street with him and it's been working out fine.
I know that skepticism is necessary; I have a good dose of it, too. But you learn who you can trust. Everything comes out with time.
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Valued Member
United States
377 Posts |
Quote:
a set with the FS designation will probably run about $150.00 more than the $270.00 for this set The 1945S has a PCGS value of $375 in 65FS The 1945P has a PCGS value of $150 in 65FS The 1944S has a PCGS value of $250 in 65FS I am working on a set of 66 going FS when I can afford them A full set of PCGS 66 is about $370 not sure of the 65 but a set of 65FS will be closer to $1000 I find that most people sellng them on ebay are asking more then the PCGS value Just 1 of many examples http://www.ebay.com/itm/1945-P-Jeff...em5648233780Edited by wif99
01/18/2013 5:58 pm
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Valued Member
United States
402 Posts |
wif99 Those prices that you mentioned are way off. I posted my invoice for a 44-D MS65FS bought in November for 21.00. See the following below: ________________________________________________ Invoices for Teletrade Auctions Dated from 10/20/2012 to 1/18/2013 You won the following lots in auction 3389: Tuesday, November 27, 2012 Lot Description Price 1069 5C 1944-D MS 65 Full Steps PCGS $21.00 Subtotal: $21.00 Buyer's Fee: $0.00 Postage and Handling: $6.00 Sales Tax: $0.00 Enter a gift certificate or promotional claim code, if one is available: Submit Code Total: $27.00 _____________________________________________________________ My 44-P MS65FS ran me 63.00 w/6.00 shipping. Since I only bought on Tuesday there was no buyers fee. This coin was bought over a year ago so an invoice is no longer available from Teletrade. I also have a 1944-S MS65FS that was bought at Ocean City, MD show for less than $100.00. That was 2 years back. Don't believe those prices PCGS puts out when you check a coin up on their site. I have a PCGS Lincoln Proof collection, 2012 all the way back to 1936 with a few early ones. They claim my collection is worth almost $3500. I had it at Baltimore and after 4 dealers could get no more that $2000 for the collection. Didn't sell it anyway. edgman Sure will miss that Tuesday auction. |
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Valued Member
United States
416 Posts |
Buy them if you can appreciate the coins for what they are and not for what you may get for them in the future
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Pillar of the Community
United States
7840 Posts |
 with most of the posts above...it's your money and you will have too live with yourself when/if you pull the lever...the War Nickels are a beautiful set!  Me, personally? I only need one...being a type collector.  1942-P Type II PF64 with an orignal mintage of 27,600 Edited by oih82w8
01/18/2013 10:25 pm
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Valued Member
United States
386 Posts |
Every post here is valuable. But now I have to rethink this. My dealer did say, when I asked him about the full steps, that they weren't looking for that designation when they were sent to PCGS. Apparently, this designation is a recent addition to the grading of them. And he said that my coins might have the full steps. I will have to look at them again. And he did say several times that I don't have to buy the set even though he put it aside. I am not locked in; the decision is 100% mine, no pressure except for the confusion I'm feeling now.
Edited by blackjack
01/19/2013 07:16 am
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Rest in Peace
United States
10625 Posts |
My opinion of the future of this set is unless they are FS graded they will not see much of a return as a long term investment. The coins that will see the most demand in the future are the best of the best meaning FS, FTB, FH, FBL and so on in the highest MS grades. The only thing driving prices of common coins right now and maybe forever is PM prices. MS65 War Nickles without full steps are very common.
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Valued Member
United States
386 Posts |
I will look at the coins again. How many steps are there?
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Valued Member
United States
386 Posts |
I found a good article about FS Jeffersons: (052) Not Allowed - Auto-Removed .com/Coin_Help_Blog/jefferson-nickels-are-valuable-worth-collecting/
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Valued Member
United States
377 Posts |
Edgman Quote:
I posted my invoice for a 44-D MS65FS bought in November for 21.00. The 44DFS is 1 of the more common Dates lists for $32 PCGS you paid $27 I usually try to buy at around 75% which is about right. Things have changed a lot in the War Nickel FS prices in 2 years you got a great price on the 44SFS |
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Valued Member
United States
402 Posts |
So blackjack to sum things up dave700 said it exactly as I would have. MS War Nickels are pretty common and by not going FS your buying the second best set so I dont think as an investment it would be wise because you are buying the second best set and it would not appreciate very much. As a collector you would be proud of that set because they are beautiful coins in MS. There are 1 or 2 sets on ebay now. Haven't seen the prices though. For investment purposes I would stick to Bullion. By the way I believe FS is 6 steps. Just my opinions. Can anyone say when PCGS started this FS designation? Cant be more than a few years ago. edgman |
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Valued Member
United States
386 Posts |
edgman, I want to thank you for following this post and offering your best advice. You know, "investment" is always on the back of my mind, but I'm thinking of this set because I've always been attracted to it. Of course, no one wants a second-best set, either. But, thinking about this, I'm not willing to pay the premium for an MS65 FS set, either. I'm going to go back to the coin shop and look at the steps. If I'm very lucky, there will be full steps. I think it's as you stated, the full steps are a recent phenomena. Sometimes I wonder who's driving demand for coins--the graders looking for new designations and, hence, collectors looking to spend the money having their coins regraded? Well, it can't be just this; maybe the craze for full bell lines on the Franklins started collectors thinking.... You know, I've been looking at ebay for a few nights and graded War Nickels aren't all that common. |
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Valued Member
United States
402 Posts |
blackjack
Look at Teletrade. They have 12 going off this week and Heritage has quite a few on the 2 Internet days. Both those are for graded coins only. With Teletrade you can scroll down and get recent sales pricing. Sounds like you like the set a lot. Will make a collector out of you yet!
edgman
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Replies: 49 / Views: 5,147 |
First Page
Posted 01/18/2013 3:42 pm
