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1992-P Jefferson Nickel.

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Brandmeister's Avatar
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 Posted 05/23/2023  10:29 pm Show Profile   Check Brandmeister's eBay Listings Bookmark this topic Add Brandmeister to your friends list Get a Link to this Message Number of Subscribers

1992-P-Jefferson-Nickel.
1992-P-Jefferson-Nickel.
1992-P-Jefferson-Nickel.
1992-P-Jefferson-Nickel.
1992-P-Jefferson-Nickel.

Ok, so I figure this is as good a time as any to learn about Monticello steps. How picky do we get, and what are the exact criteria? I know the guideline is five unbroken lines separating six steps, but that's easy to visualize and maybe harder to identify on a coin.

Also, seems like a good nickel to further understand the subtleties between AU-MS.

I have jugs of 80s, 90s, 00s nickels awaiting the magnifier. What I'd like to do is pull all FS nickels from roll hunting, and build rolls of high quality nickels for future enjoyment.
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Yokozuna's Avatar
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 Posted 05/24/2023  02:44 am  Show Profile   Bookmark this reply Add Yokozuna to your friends list Get a Link to this Reply
Third Party Graders can be tough on Full Step (FS) Jeffersons. The steps need to be sharp all the way across and must be uninterrupted by contact marks or weak areas of detail.

This coin looks to shows a couple of contact marls that would disqualify a FS designation if it were to be certified.

Please take a look at this video. It should help you identify a Full Step strike. The info on Full Step Jefferson nickels starts at the 1:08 minute mark.
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ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!!
1992-P-Jefferson-Nickel.


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Coinfrog's Avatar
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 Posted 05/24/2023  08:47 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'll say MS-63, probably not FS.
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Brandmeister's Avatar
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 Posted 05/24/2023  09:52 am  Show Profile   Check Brandmeister's eBay Listings Bookmark this reply Add Brandmeister to your friends list Get a Link to this Reply
Yokozuna, thanks, I had not seen that PCGS video before.

Can you guys walk me through all the disqualifiers on the steps? I can see the nick above the I. What are the other blemishes that make it not a FS nickel? For example, is that second nick by the first one enough to break the lines?

I did at least guess the grade at MS-62. =)
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 Posted 05/24/2023  11:04 am  Show Profile   Bookmark this reply Add nick10 to your friends list Get a Link to this Reply
some disqualify FS due to hits, but hits do not change strike quality, so your coin looks to qualify as Full Step for me, and for some TPGs too

most nickels of the past 40 years have Full Steps, so the valuable ones worth searching for date before the mid 1980s
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Nick, my theory is forward-looking. Forty years ago, people would have scoffed at tucking away rolls of 1982 Jefferson nickels with good strike quality and full steps. Today those can be rather expensive. I'd like to have rolls of late 80s, 90s, 00s nickels at MS/FS so that in 30 years when the circulation nickels are all worn down, they are worth something. If I can find some 60s, 70s, early 80s FS nickels along the way, cool.

Although it's worth considering whether investing that cash in an SP500 index fund might produce superior returns. =P
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 Posted 05/24/2023  2:48 pm  Show Profile   Bookmark this reply Add nick10 to your friends list Get a Link to this Reply
for older nickels, steps can be a proxy for strike quality, but when during the 1980s the mint reduced the relief of nickels, full steps became the norm. so if you are looking to save recent nickels that will be in demand, IMO go for high grade, as in MS65 or better, made from early state dies

though it's unlikely anything in your pocket or change jar will meet those criteria, you can refine your grading skill by looking through those coins, and setting aside the relative best ones

in my experience, the best chance of getting high grade examples is from a fresh, solid date roll, but sadly, even when fresh from the mint, many nickels of the past 20 or so years exhibit huge gashes, as if the edge of another nickel had fallen onto it from a great height; which makes for a challenging search
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