1976-D Jefferson Nickel Question - Coin Community Forum

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Author	Replies: 8 / Views: 1,726
T1Steel Pillar of the Community Canada 623 Posts	Posted 07/07/2015 8:47 pm Dumb question time from Canadian collector. I was looking on cointrackers and they estimate its value from 5 cents to $440.00 in ms++ condition .Why such a high estimate for this nickel in ms++ condition? What am I missing? Report this Post to the Staff

batboy Pillar of the Community United States 650 Posts	Posted 07/07/2015 8:55 pm Dunno. Sounds screwy. NumisMedia says 6 cents in lower grades to 22 cents in MS60. Report this Post to the Staff
Debrajc Pillar of the Community United States 4211 Posts	Posted 07/07/2015 9:17 pm cointrackers is a terrible price reference on most all the coins quoted.... Report this Post to the Staff
valleyco Valued Member 109 Posts	Posted 07/07/2015 10:40 pm Sounds like they misplaced the decimal point. Report this Post to the Staff
Scropper CCF Sponsor United States 702 Posts	Posted 07/08/2015 11:00 am Common coins in uncommonly high grades still demand a lot of money. The top of pop coin is probably that one or higher... Most modern coins are minted in such high volume that quality is pretty low. So finding a high grade piece is special, if the highest grade coins are known to be in the 66 or 67 range and your find a high 68, you have something of genuine value. Most modern coins wouldn't break 64 or 65. Report this Post to the Staff
cladking Pillar of the Community United States 2271 Posts	Posted 07/08/2015 3:30 pm The '76-D typically comes pretty nice compared to most nickels of the era but fully struck and pristine coins are still rare. A superb Gem '76-D nickel can be spectacular and will look much nicer than a superb Gem '69-D nickel but it's still rare. This date comes with PL obverses and full six step reverses. A coin without serious flaws of one sort or another is difficult to locate with most moderns. Time don't fly, it bounds and leaps. Report this Post to the Staff
Finn235 Pillar of the Community United States 6130 Posts	Posted 07/08/2015 4:12 pm It's probably the result of an algorithm they used to estimate coin values without having to enter all data manually, as is done for sources like the RedBook. They take the highest price realized, then the face value, and distribute the difference over an exponential or logarithmic curve. I saw a few that stated all '83 quarters to be worth $3 in VF and $8 in AU because of the rarity of gems for that year. The lazier your math is, the stranger and more inaccurate the estimates will be. Report this Post to the Staff
T1Steel Pillar of the Community Canada 623 Posts	Posted 07/08/2015 7:05 pm Thanks everyone, the reason I asked is that I have a few of them and I did not know if I hit the jackpot or not. Just finding it hard to believe that the coin was worth that much in a slab when any of the similar years are not close to that number. Report this Post to the Staff
CoinHuntingDrew Pillar of the Community United States 4932 Posts	Posted 07/10/2015 04:16 am Simply because cointrackers is a bunch of cow poop. They are very unreliable. Report this Post to the Staff
	Replies: 8 / Views: 1,726

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