Owner Comments:
The 'Overlooked' 1950-Philadelphia Nickel
The Mintage in this year was low, and finding any with a nice strike with five fullsteps are very scarce. There hasn't been any six fullsteps found to date.
Having just recently pulled out my raw Jeff-collection I wanted to see if any of these nickels were going to qualify for Ngc' strict grading methods, especially in the fullstep area.
Sending in(5)coins a couple weeks ago,I have recieved these back and I wanted to share this one particular Jefferson nickel with you.
The 1950-P was the best of the lot, grading out at MS66+FS. Most collectors were focused at that time on the 1950-Denver seeing as how it was the lowest mintaged Jefferson in the series. They were overlooking the 1950-Phildelphia altogether. For years it was ignored until collectors started taking that second look' at this mintdate as it was far more elusive with fullsteps than the Denver Jefferson.
High mintstate coins with smooth fields on both sides of the coin is difficult enough,searching out what few may exist in fullstep from the philadelphia mint is very challenging. The top two grading services together only (153) made fullstep with(37) in this grade, only (6) coins higher.
Updated March 2017 Now with all the controversy about the rising populatons in our coins' - Collectors can see each grading service pop total, and make their own judgement call. Ngc total Certified and Graded (522) where (30) in FS! only (13) made MS66-FS and (4) in MS67-FS!
Pcgs total Certified and Graded (994) where (153) in FS! MS66-FS (41) and showing (9) with MS67-FS ...I'm sure there will be a lot of collectors are now staying tuned in on the populations for both grading services....