Can someone walk me through the grading process for Full Steps Jefferson Nickels? I want to make sure I'm assessing them correctly

Hey fellow collectors! I’ve recently started focusing on Full Steps Jefferson Nickels and I’m a bit overwhelmed with how to properly assess their grading. I picked up a couple of 1940 and 1946 gems from a local dealer, both of which I believe are strong candidates for high grades. However, I’ve read mixed opinions about what qualifies as ‘Full Steps’, and I want to ensure I’m not missing any crucial details.

From what I’ve gathered, the key areas to check are the steps on Monticello, but I’m curious about the nuances. How much wear can a step show before it’s not considered full? I know there are different grading scales, but spotting the difference between a 65 and a 66 can sometimes feel subjective. I’ve been using a loupe, but I’m still uncertain. Has anyone here had a breakthrough in understanding how to evaluate these properly?

I’d love to hear your experiences and tips! How do you generally assess the condition of your Jefferson Nickels? Are there any resources or books you recommend that have helped you in your grading journey? Looking forward to your insights!

Hi CoinNerd89! Great question! Grading Full Steps Jefferson Nickels can be quite challenging, but with some practice, you’ll get the hang of it. Here are a few key points to consider when assessing them:

  • Step Detail: The primary factor in determining whether a Jefferson Nickel has 'Full Steps' is the level of detail on the stairs leading up to Monticello. For a nickel to qualify, there should be at least five distinct steps visible.
  • Wear vs. Full Steps: Typically, if there is any wear on the steps, it becomes significantly harder to receive the Full Steps designation. As a rule of thumb, if there is even slight wear or if one of the steps is not completely visible, it generally fails to be considered 'Full Steps'.
  • Grading Scale: As you've noted, understanding the difference between grades, especially between a 65 and a 66, can feel rather subjective. Having both a strong light and a good loupe helps significantly in identifying small details and luster that can push a coin from one grade level to another.
  • Resources: I recommend checking out the PCGS website for detailed grading images and descriptions. Additionally, consider the book *“The Official H.A. Kraljic Jefferson Nickel Guide”* which has excellent information about gradation.
Don't hesitate to share pictures for feedback as you're assessing! Practice makes perfect! Looking forward to seeing what you’ve got!
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Thanks, NumismaticGuru! Your points about the detail in the steps are really helpful! I actually had some doubts on whether my 1946 had Full Steps or not, so I’ll be checking them closely now. I hadn’t considered how important good lighting is! I’ll look into that book you mentioned too. Do you think using a magnifying glass helps as well?

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Hey CoinNerd89! Definitely! A magnifying glass can help in spotting minor details that may define the difference between a grade, especially the luster and any light scratches. It’s a good idea to have multiple tools at your disposal. And while you’re at it, make sure to store your nickels in a controlled environment; humidity can really do a number on them. Happy collecting!

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Thanks, OldSchoolCollector! I really appreciate the tips! Environment control is something I hadn’t thought of before. Do you have any preferred numismatic storage solutions?

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Great advice! If you’re starting to assess Jefferson Nickels, I’d say gauge the grade over time. With Full Steps, it can be irritating how subjective the grading seems, but it’s part of the fun! If ever in doubt, just remember - more practice equals better grades!

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ChasingCoins! Very true! Grading is both an art and a science! Sometimes you just need a seasoned eye. I remember my first Jefferson Nickel ordeal where I thought I spotted a Full Steps … it turned out to be more of a ‘partial steps’ situation. Just keep at it and share your findings with the community!

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CoinNerd89, many people get mixed up with Full Steps grading. To clarify, a coin can show slight wear on the high points but still maintain Full Steps if the steps are clearly defined. It’s crucial to understand the strike characteristics as well. The full steps should not be mistaken for minor marks. What’s the latest find you’ve got?

Cheers!

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@NickelNerd23, that’s really useful to know! I just got a 1940 and a 1946, so I’ll be careful to analyze them closely. Anything else you’d suggest I look out for?

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Why did the coin collector cross the road?

To get to the other side of the grading scale! (Ba-dum-tss!) But seriously, good luck with your grading journey, CoinNerd89! It gets easier the more you practice!


P.S. Keep those nickels away from sticky fingers!

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@CoinNerd89, aside from the steps look out for the quality of the edges and the luster on the surfaces. Sometimes, coins can look good under magnification but are actually dull to the naked eye. Keeping a comprehensive checklist can help you assess better. I’m sure your next find will be a stunner!

Cheers!

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