Hey everyone!
I recently got into collecting Jefferson Nickels and I keep hearing about the term ‘Full Steps’ when it comes to grading these coins. I’ve come across a few listings at coin shows and online, but I’m still a bit fuzzy on what exactly qualifies a nickel as having Full Steps. For those who might not be aware, it refers to the details on the stairs located on the Monticello side of the coin.
I’ve got a 1940-S in my collection that I think might be close, but it’s tough to tell. After doing some digging, it seems that to be considered Full Steps, you need at least five out of the six steps clearly visible. From what I’ve seen, coins with this designation can fetch significantly higher prices. I’m curious to hear how this attribute has impacted your own collecting experience. What have you learned about Full Steps, and do you think it’s worth holding onto a nickel for this feature?
Let’s share some thoughts and experiences on this! What’s your take on the importance of Full Steps in our Jefferson Nickel collections?
Great question, CoinEnthusiast92! The concept of ‘Full Steps’ can really make a significant difference in the value of your Jefferson Nickels. To classify as Full Steps, a nickel must clearly show five of the six steps on the Monticello building. Coins that meet this standard are often graded as MS-66 or higher because the visual detail is precisely what collectors are looking for. A Full Steps designation can increase a coin’s value by as much as 50% compared to non-Full Steps examples, depending on other factors like overall grade and market demand.
In my experience, I’ve found that it’s not always easy to determine Full Steps just by looking at the coin under regular light. Using a good magnifier helps reveal the steps better! I once bought a 1946 nickel under the presumption it was Full Steps, but once I got it home and inspected it closely, I realized it was only a partial. Always best to examine them thoroughly, as this can save you some money if you’re purchasing at a show. I recommend checking out this guide on PCGS’ site about grading for more insights.
Happy collecting!
5 Likes
I totally agree with you, Mike! I was fortunate enough to snag a 1950-D Jefferson Nickel that was certified as Full Steps. I got it for a decent price, and later realized I could resell it for almost double what I paid. Definitely worth the effort to look for those Full Steps! Condition is key.
3 Likes
Thanks for the insights, everyone! It’s interesting to hear about personal experiences with Full Steps. I will definitely take a closer look at my 1940-S. Should I show it here for a second opinion?
Absolutely, CoinEnthusiast92! Sharing your coin can lead to valuable feedback. Just keep in mind that lighting plays a huge role when photographing coins. A well-lit image can help us better identify those Full Steps. Plus, it makes your coin look great! Don’t forget to use a high-resolution photo. Looking forward to seeing it!
2 Likes
To add to that, using a lightbox can really enhance your shots. I just invested in one and noticed a big difference in how my coins come out in photos! Quality matters!
1 Like
Just a fun fact! The 1940-S nickel is among the more commonly found Full Steps, but keep an eye out for the 1938 and 1939 because they’re pretty rare in Full Steps condition! It often surprises new collectors how much of a difference those earlier years can make in value.
4 Likes
Here’s a photo of my 1940-S! What do you all think?
![1940-S Jefferson Nickel]()
Nice nickel! From what I can see in the pic, it looks like you might have a couple of steps visible. I would say it’s almost there! Have you thought about grading it? NGC is a great option if you decide to go down that road.
2 Likes
Thanks for the feedback! I hadn’t considered grading yet but it seems like I should. I’d love to know what it’s really worth! Is it a complicated process?
1 Like
Not too complicated at all! The grading process involves sending your coin to a reputable grading service like NGC or PCGS. Make sure you package it well. They will inspect it based on a standardized grading scale, and you’ll receive authentication and a grade that could significantly impact its value. Just be sure to review their submission guidelines on their websites first. Happy to help if you have any more questions!
3 Likes