The Atlantic City Set of Jefferson Nickels
1940-D


Obverse
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Reverse
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Coin Details

  

Set Details
Origin/Country: United States
Design Description: FIVE-CENT PIECES - JEFFERSON
Item Description: 5C 1940 D
Grade: NGC MS 67 5FS
Owner: lehigh96
 
Winning Set: The Atlantic City Set of Jefferson Nickels
Date Added: 3/5/2012
Research: See NGC's Census Report for this Coin

Owner's Description

Coin Description:
Stunning lavender, peach, and ice blue blanket both sides of this well struck premium gem. The 6th step is incomplete and the coin grades 6-5-5-6 by the quarter step method.

Comments:
I actually purchased this coin with the intent of flipping it. From the E-Bay seller scans, it appear to simply be a white roll fresh 1940-D MS67 5FS which is not particularly rare but a coin that I did not have in stock on my E-Bay store. In addition, my registry collection already included an MS67 6FS pedigreed to the famous Compradore collection.

When I opened the package and saw the coin, I was floored. The toning was superb and the overall eye appeal was better than the example in my registry set. The problem that this coin presented was that technically, it was a downgrade given that it only has 5FS. One of the mini goals of my collection was that every coin minted during 1940 would have 6FS since they are so common for that year. However, the larger goal and theme of my collection is based on eye appeal which this coin clearly was superior. I was having such a hard time determining which coin to include in my collection that I left it up to the members of the NGC forum (thread url listed below).

http://boards.collectors-society.com/ubbthreads.php?ubb=showflat&Board=2&Number=5496165&Searchpage=1&Main=250685&Words=&topic=0&Search=true#Post5496165

The registry points were not really a consideration since only lost 28 points by downgrading from the 6FS example to this 5FS coin. The results of that thread and the attached poll echoed what I already knew but was having trouble accepting, that this coin had superior eye appeal and deserved to be included in a registry collection based on eye appeal.

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