The Atlantic City Set of Jefferson Nickels (1938-Date)
1962

Owner Comments:

Mintage: 97.4 Million
Full Step Availability: 5%
Date/mm Information: Vast majority are poorly detailed in the center

Coin Description:
Light champagne toning adorns both sides of this extremely lustrous and very clean early sixties Jefferson Nickel. The coin is very well struck but a very small bridge of the 3rd & 4th steps under the 2nd pillar precludes a full step designation and the coin grades 5-4-5-5 using the quarter step method.

Comments.
This coin replaces an MS66 5FS that was plagued by remnant planchet flaws on the cheek & jaw. I have never been a huge fan of the full step designation because it does not always indicate a great strike. Similarly, the absence of full steps does not condemn a Jefferson to have a poor strike. This coin is a good example. The strike is outstanding, and only a very small bridge and possibly a shallow mark technically preclude a full step designation but a casual glance would indicate full steps. Despite the enormous mintages of the early sixties, finding MS67 examples is daunting task as they are extremely rare. This coin is attractive, lustrous, and one of the finest extant specimens from 1962.