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1959 Jefferson Nickel NGC MS66 5FS

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lehigh96

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Obtained a 1959 Jefferson Nickel NGC MS66 5FS from DM Rare Coins (E-Bay Coinman1794) for $427.50 and 304 registry points.

The coin was purchased using a BIN option on E-Bay. The original price was $450 and I took advantage of a 5% discount offered by the seller.

1959 NGC MS66 5FS JEFFERSON 5C ~ FINEST KNOWN & PL OBV!

Seller: Coinman1794 (DM Rare Coins)

E-Bay Listing: 200570130685

Ended: Feb 05, 201120:58:35 PST

Coin Description:

A gorgeous untoned premium gem with an impeccable strike and formidable eye appeal. The entire surface of the obverse is semi-prooflike and very reflective. The reverse shows a level of detail rarely found on a late 50's Jefferson as any discerning collector can attest to. Semi-prooflike fields are provide an almost cameo appearance to Monticello which is absolutely chiseled, fully detailed, and bearing five strong steps.

Comments:

Finding attractive high grade Jeffersons from the late 50's is a difficult challenge. If you add full steps in the equation, it becomes a herculean task. The 1959 in MS66 FS has a population of 46/0. However, the large majority of those coins are just hideously ugly and really belong in one of the registry sets that exist without photos. If you don't believe me, feel free to search the Heritage auction archives. I suggest having a few drinks first to make those coins a little easier on the eyes. That's right, beer goggles for those ugly coins.

This coin is one of the absolutely rare exceptions. I have no idea if I got a good price on this coin or not. What I do know is that the only 1959 full step coin that I have found that rivals the appeal of this example is the Compradore Collection representative. That example sold for $747.50 in June 2008 and $1,366 in August 2008. Personally, I don't care about whether or not I got a "good deal". I am ecstatic that I found an eye appealing registry quality 1959 to represent the Atlantic City Set of Jefferson Nickels.

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