The Atlantic City Set of Jefferson Nickels
1962


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 1962
Grade: NGC MS 67
Owner: lehigh96
 
Winning Set: The Atlantic City Set of Jefferson Nickels
Date Added: 3/23/2012
Research: See NGC's Census Report for this Coin

Owner's Description

Mintage: 97.4 Million
Full Step Availability: 5%
Population in MS67 14/0
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.

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