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Full Steps On Jefferson Nickel (2012 P)

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 Posted 02/29/2024  5:42 pm  Show Profile   Bookmark this reply Add MisterT to your friends list
looks modern where sharply struck steps are the norm. What is the date?
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 Posted 02/29/2024  5:56 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list
Full pictures of obverse and reverse please. What year is your Jefferson nickel?
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 Posted 02/29/2024  6:05 pm  Show Profile   Bookmark this reply Add Gigi2 to your friends list
It's a 2012 P. I know it's not really valuable. I just want to learn how to determine the FS designation. I'm curious as to why the year really matters if I'm just trying to learn what FS look like. That's the reason I didn't take full pictures of the front and back. I know that earlier years had more, right?
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 Posted 02/29/2024  6:18 pm  Show Profile   Bookmark this reply Add Gigi2 to your friends list
Does a nickel have to be uncirculated to be considered for a Full Steps designation? I'm confused by Tunnioc's comment. Not being argumentative here. Just a novice asking dumb questions.
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 Posted 02/29/2024  6:20 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list
what is the date AND mint? If it is a proof, then we would expect to see FS on it. When looking for FS nickels, don't look at proofs - they are excluded from that term.
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 Posted 02/29/2024  6:27 pm  Show Profile   Bookmark this reply Add Gigi2 to your friends list
It's 2012 Philadelphia obtained through pocket change.

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 Posted 02/29/2024  6:39 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list
No it doesn't have to be uncirculated to be FS (but it helps.)
And this is a FS Nickel, but with this year, is that normal? I'm not sure.
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 Posted 02/29/2024  7:09 pm  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list
The major coin grading services PCGS and NGC both use the abbreviation "FS" to designate Full Steps. Only regular strike coins (not proofs) graded MS60 or higher may receive the designation. PCGS awards "FS" for coins displaying either 5 or 6 steps. Initially, NGC only awarded "FS" for coins displaying 6 steps. Starting from February 16, 2004, NGC refined their qualifications and began using the designations "5FS" or "6FS" based on the number of complete steps visible. So unless its essentially uncirculated to have a mint state grade MS60 or higher, its not going to be eligible for full steps.

Heres some added info from NGC that may help you understand more if you'd like https://www.ngccoin.com/news/articl...eps-nickels/

Edited by datadragon
02/29/2024 9:22 pm
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 Posted 02/29/2024  8:16 pm  Show Profile   Bookmark this reply Add Cujohn to your friends list
Has to be UNC.
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 Posted 02/29/2024  9:39 pm  Show Profile   Bookmark this reply Add MisterT to your friends list
DataDragon lays out the criteria quite well. Yes it has to be MS-60 or Higher for the FS designation to matter.
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 Posted 02/29/2024  9:55 pm  Show Profile   Bookmark this reply Add SamCoin to your friends list
Looks like it's a 2006 or later, in which case full steps are irrelevant.
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 Posted 02/29/2024  10:13 pm  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list

Quote:
Looks like it's a 2006 or later, in which case full steps are irrelevant.


Full steps are relevant even on 2006 and newer as well, you can look through the price guide such as NGC here to see there are pricing value differences.https://www.ngccoin.com/price-guide.../nickels/25/

Of course certain nickels are hard to find with full steps which is why those particular coins are of much higher value if you are able to find one with full steps. Some mentioned here with the amazing price differences with and without full steps. https://www.ngccoin.com/news/articl...on-classics/

Modern coins do tend to not have very high value over the cost of grading, although they may in the very top condition grade or two and with full steps. You just have to look them up to see. Just try to avoid the trap of not looking at census of how many are graded in each grade, and chasing a situation where perhaps 1-3 coins only are graded in a top grade which have a high value that is worthwhile after grading fees, but all the rest would lose money vs the fees to grade. This can cause someone to attempt to gamble to find that rare bigfoot riding a unicorn.





Edited by datadragon
02/29/2024 10:16 pm
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 Posted 02/29/2024  11:04 pm  Show Profile   Bookmark this reply Add Gigi2 to your friends list
I'll take all the advice I can get, but please I'm too easily confused at this point. I guess there can be differing opinions even among seasoned collectors. I will continue to tty to parse it out.
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 Posted 03/01/2024  09:15 am  Show Profile   Bookmark this reply Add panzaldi to your friends list
FB is very controversial as the big houses do not even follow their own grading standards for them. we see example after example of coins with the designation that are not even close to FB. here is PCGS's guidelines but trust me they are not written in stone. most collectors in the know will assess the coin themselves and not rely on the TPG regarding these

assuming your coin is MS the 5th step is broken between the "T" and "I" so it would not qualify according to their guidelines

https://www.pcgs.com/news/Tips-From...Part-3?gid=8
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