The Atlantic City Set of Jefferson Nickels
1950


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 1950
Grade: NGC MS 66 5FS
Owner: lehigh96
 
Winning Set: The Atlantic City Set of Jefferson Nickels
Date Added: 6/26/2012
Research: See NGC's Census Report for this Coin

Owner's Description

Description:
This coin boasts a deep golden orange patina on both sides. Very well struck for the date/mm with full hair detail, excellent detail on Monticello, and full step detail. There is some weakness in the fourth quadrant of the steps but it is not severe enough to cause any bridging of the steps. An appropriate number of minor ticks for the assigned grade, satin luster, and nice eye appeal.

Comments:
To the casual collector, this coin will seem very unimpressive and some may even question its inclusion in this set. But to the Jefferson Nickel connoisseur, this coin represents the perfect balance of overall quality and rarity. According to Nagengast, only 1 in 150 1950 Jefferson Nickels will have 5 full steps. Finding one in premium gem condition is extremely challenging as is evidenced by the population reports.

This coin has replaced an NGC MS67 with blazing luster and a PCGS MS66 with crazy rainbow toning. The reasons are simple. Both of those coins have glaring weaknesses. The NGC MS67 has a great overall strike but terrible step detail and is indisputably low end for the assigned grade with respect to surface preservation. The PCGS MS66 also has a great overall strike but terrible step detail and is plagued by remnant planchet flaws on Jeffersons jaw and coat collar. And while the rainbow toning greets you first, the planchet flaws successfully hurt the eye appeal that the toning provides.

The current coin has no weaknesses. It is not the most lustrous. It does not have superlative eye appeal. The strike is outstanding and the resultant full steps provide a level of rarity that make it worth of inclusion in a high end registry collection.

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