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Replies: 15 / Views: 890 |
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Valued Member
United States
121 Posts |
Edited by 904dan 03/09/2022 1:00 pm
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Bedrock of the Community
United States
19159 Posts |
Overall, given the pics, I'd say it comes in around AU56-58--obverse and reverse show evidence of light circulation (rubs, ticks, etc.). Steps are much better defined on nickels produced from the mid-70s on. Could be a nice hole filler until better comes along.
Edited by ijn1944 03/09/2022 08:08 am
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Pillar of the Community
United States
1406 Posts |
So close to full step. For me that nick on the right keeps it from the designation.
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Bedrock of the Community
United States
94367 Posts |
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Bedrock of the Community
 United States
18668 Posts |
even though your coin is over 45 years old its common and circulated. the coin is worth 5 Cents
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Rest in Peace
United States
18456 Posts |
Yes , not too shabby AU-58 very close to FS . With sharper photo of reverse it might make 5 steps . 
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Pillar of the Community
United States
3207 Posts |
AU-58, 5FS though steps collectors generally want MS grade examples
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Pillar of the Community
United States
1406 Posts |
Nick10 - you would still classify as 5 steps with that hit on the lower right and the rub on the left? Curious for my own info.
Edited by captainkurt 03/09/2022 11:50 am
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Pillar of the Community
United States
3207 Posts |
yes, I use the Q. David Bowers approach i.e. steps are a measure of strike quality, and hits do not change strike quality
Edited by nick10 03/09/2022 12:48 pm
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Pillar of the Community
United States
1406 Posts |
Quote: I use the Q. David Bowers approach i.e. steps are a measure of strike quality, and hits do not change strike quality Does Bowers require an MS grade to attribute it as full step? Also I see that NGC and PCGS do allow some minor hits but not when the line is completely obstructed. Also some years they seem to allow wavy steps. Man! This full step thing is very subjective and I see it also can be very controversial!
Edited by captainkurt 03/09/2022 7:35 pm
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Pillar of the Community
United States
3207 Posts |
If Bowers wrote whether mint state is required for full steps, I've not seen it. IMO, wear is like hits, it's independent of strike quality. Of course as wear increases, at some level the original strike quality can no longer be discerned. As a practical matter, a collector desiring high strike quality is probably also going to want a high grade JN, in which case step counts on worn nickels become irrelevant.
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Pillar of the Community
United States
1406 Posts |
Thanx for your input nick10! I have been picking up nickels in MS but not grading them very well yet. Seems to be a very challenging series. Strike quality, full step, and major variation from year to year seems to require quite a bit of knowledge. Nickel collectors are an interesting bunch for me as well. It's fascinating to me what individuals prefer with their nickels.
Sorry to hijack your thread 904dan!
Edited by captainkurt 03/09/2022 10:28 pm
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Rest in Peace
United States
18456 Posts |
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Pillar of the Community
United States
3207 Posts |
I believe some TPGs do consider hits on the steps. I do not know who made that decision, or if it is backed by a numismatic authority not named Bowers. IMO collect JNs by whatever full step definition you prefer.
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Pillar of the Community
United States
3207 Posts |
It occurred to me that an AU or even EF example of a JN would still be valuable if it were a year/mint that's exceptionally rare or otherwise unknown in full steps. IIRC business strike 1961(-P), 1961-D, and 1968-D mickels with 6 full steps have never been found, and the few 5 step examples sell for hundreds or thousands of dollars.
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Bedrock of the Community
United States
36746 Posts |
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Replies: 15 / Views: 890 |
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