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Value Of Slabbed 1943 D MS-66 FS Nickel?

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Mitch2225's Avatar
United States
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 Posted 01/28/2012  5:15 pm Show Profile   Bookmark this topic Add Mitch2225 to your friends list Get a Link to this Message Number of Subscribers
I have a slabbed 1943 d ms 66fs nickel. Its a beautiful coin with light toning on obverse. Any idea of value? Slabbed by ANI. Thanks!

*** Edited by Staff to clarify topic title. Titles are important! ***
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reupman's Avatar
United States
597 Posts
 Posted 01/28/2012  5:25 pm  Show Profile   Bookmark this reply Add reupman to your friends list Get a Link to this Reply
i bought a pcgs one for $44 on teletrade but before I bought it I saw one go on ebay for $60
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Mitch2225's Avatar
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 Posted 01/28/2012  5:32 pm  Show Profile   Bookmark this reply Add Mitch2225 to your friends list Get a Link to this Reply
That would be great. I gave $20 for it. I'm wondering if ANI slabs hold the same value.A
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nickelsearcher's Avatar
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 Posted 01/28/2012  5:34 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
to the CCF.


Quote:
Slabbed by ANI.


Not sure who ANI is ... but for sure not of the the top-tier TPG.

Can you show us a photo to help ... suspect this might not be an accurate grade?

A true 1943-D MS66FS, slabbed by one of the Big 3 TPG is valued somewhere in the neighborhood of $40 to $50 ... the PCGS Price Guide lists a value of $55.

David
Take a look at my other hobby ... http://www.jk-dk.art
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fioti's Avatar
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 Posted 01/28/2012  6:36 pm  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
ANI= American Numismatic Institute

from ebay guides by bmiller "I have had the misfortune to purchase coins graded by ANI and these coins appear to be extremely over graded. I received a lot of coins with grades so high that the PCGS population reports indicated that they had never graded a coin of that quality. In addition, the coins had clear flaws such as scratches and nicks."

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Mitch2225's Avatar
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 Posted 01/28/2012  7:05 pm  Show Profile   Bookmark this reply Add Mitch2225 to your friends list Get a Link to this Reply
Ouch. I will post pictures tomorrow. It really is a beautiful coin. I'm glad I only paid 20. Thanks for the info. That's why they call us newbies and. not smarties. ;)
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nickelsearcher's Avatar
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 Posted 01/28/2012  7:26 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
No worries Mitch ... you have found a great place filled with friendly folks and true experts to offer opinions and support.

Show us some photos of the coin and we will help ...

David
Take a look at my other hobby ... http://www.jk-dk.art
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Mitch2225's Avatar
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 Posted 01/30/2012  09:41 am  Show Profile   Bookmark this reply Add Mitch2225 to your friends list Get a Link to this Reply
Here is the coin in question. Not good enough pictures to see the FS but good enough to show the coin grader and general condition of the coin. I read up on coin graders and the specific one has nothing but bad news with it. Let me know if you guys think this is special enough to send in to PCGS. I do understand that getting the FS designation through them is much tougher, but I would rather have a correct slab then a feel good slab. Let me know what you think. Thanks!

Value-Of-Slabbed-1943-D-MS-66-FS-Nickel?

Value-Of-Slabbed-1943-D-MS-66-FS-Nickel?



Value-Of-Slabbed-1943-D-MS-66-FS-Nickel?
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cc99999's Avatar
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 Posted 01/30/2012  10:47 am  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
I can all but assure you that this coin is not full steps. If you look at the bottom of the steps on the left you will see a flattened portion of the coin that is typical for a coin that is not fully struck. As for the overall grade of the coin? You can't be sure from this type of photo but it has the typical Jefferson annealing chatter on the cheek along with the expected marks that you would see from an MS-62 or MS-63 coin. If those scratches are on the case on not the coin that's a different matter. Your piece also has quite nice luster. It's no doubt an attractive coin in hand.
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Mitch2225's Avatar
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 Posted 01/30/2012  11:36 am  Show Profile   Bookmark this reply Add Mitch2225 to your friends list Get a Link to this Reply
Thats disheartening. Valuable lesson learned on coin graders. Not all is lost though, as it was a small purchase and really like the look of it. Plus, I bought the coin for my collection and not to sell, so I will just tell myself its a "full step" and sleep well. ;)
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Mitch2225's Avatar
United States
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 Posted 01/30/2012  11:37 am  Show Profile   Bookmark this reply Add Mitch2225 to your friends list Get a Link to this Reply
CC - on a different note, is the coin worth slabbing through PCGS? I will try and get better pictures of it this week sometime. Thanks in advance
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cc99999's Avatar
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 Posted 01/30/2012  11:54 am  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
mitch, I would advise against it for the simple reason that getting PCGS to grade it would cost more than the coin is worth- even if it did come back MS-65 or MS-66 (remember, you have $20 sunk cost). For moderns I recommend buying coins in PCGS slabs or NGC slabs if you prefer, also ANACS and ICG are ok and don't carry the PCGS market premium. As a new collector, I recommend that you set some simple goals for yourself. If you like Jefferson nickels, a fine modern series, set a goal that you can achieve. A good starter set is the silver war nickels- like the one you bought. If you like slabbed coins, pick a grade range that you like and watch ebay auctions and set a price that you are willing to pay. An MS-66 set is certainly attainable with patience. If you want full steps coins, which raises the difficulty, get one and then learn what they look like. This way if you go to coin shows you will be able to spot them in the raw. Remember, there are different master hubs (which is the source of the design) throughout the life of the nickel. the mint makes subtle improvements and restores the design after a number of years as the original hub gets worn down. A serious collector knows when these transitions occur (it's not hard to figure out) and uses this information to their advantage when determining scarcity of Full Steps and typical grade for the mint and the year. It's alot to contemplate as a beginner, I know, but anybody with passion for the hobby can pick it up- and in knowing this you'll have a headstart on most other collectors! good luck and enjoy.
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