Doug....Thats the thing with collecting anything Price guide lines are always unrealistic....It's only worth what someone is willing to pay for it! Just look at housing in this country as an example 3 years ago a house in my area sold for 35 K more than asking. heck the for sale sign was not even in the ground and the property had 3 contracts. Yes guide line are needed But seldom true.. look at the coins Lehigh purchased and the amount he paid ...heck of a deal in my eyes as well as his. But wiser people than I have said "your wants always exceeds your true needs" How many people in this world would think everyone in the forum is crazy to pay any more than a $1.00 for two rolls of pennies! I wrote in another post about a friend of mine who collected sports cards...He show me a card and say this is worth....and I say unless it's got a dead president on it ..... to me is worth nothing! It's always in the eyes of the beholder.....to truely be realistic!
While I understand all too well what you are saying, I have always had a problem with that idea. Why ? Just because some individual is willing to pay 5 or 10 times what anybody else has paid or would pay for the same item, that doesn't mean that that given item is worth that much. Say you have a coin in a given grade that you can find 100 auction realized prices for - every one of them is within $30 of the same price, say $100. Now all of a sudden some guy comes along and pays $350 for one of those coins. And no, there is nothing special about this example. It's not spectacularly toned or some rare variety. There is nothing special about it. Now just because that guy did that - that doesn't mean all those other coins are now worth $350. They are still worth right around the same $100 they were before. And that's my point about "it's worth whatever somebody will pay for it". It isn't. It's worth what it usually sells for and that's all. Some idiot or some impassioned collector over-paying for a coin does not make it worth that much. I've said this time and time again. Take one of those coins the huckersters sell on TV. They sell thousands of them for $20 each. Would you pay $20 for one of them ? No of course not. Why ? Because you know it isn't worth that much. But a whole lot of somebodies paid that much for them. See what I mean ?
I think you would be better served if you started a new thread on it with photos. This thread is about 3-1/2 years old. Chris
1997 and the 1994 matte nickels were special strikes the 1997 Matte nickel only 25,000 minted in the 1997 U.S. Bontanic Garden set a coinage & Currency set unc. silver dollar ,Jefferson nickel,and $1 note 1994 Matte nickel came in the 1993 Thomas Jefferson set 3 pc set issued in 1994 silver dollar Jefferson nickel and $2 note. mintage on the 1994 matte nickel was only 163,703 these are some of the Jefferson nickel series lowest mintages. Here are pictures of the sets Prices these days are around $70 to $90 for the 1994 set and $200 for the 1997 set . The nickels have also toned nicely in these sets and if you buy the set you get the other items in the set. The 1997 Matte finish Jefferson in SP -70 around $695.00 the 1994 in SP- 70 around $300.00
Paddy, I will get things started for you. This came from my personal set that I bought back when they first came out.
The problem with these modern coins is that they are not part of a "set". There are no slots for them in any Dansco or Whitman books. They are not traditionally accepted as part of the "mainstream" Jefferson collection. For die hard collectors or serious Jefferson series collectors, this is a must have, but for the every day collector these special coins are not on their radar. This is ultimately what drives demand. There will always be X number of serious Jefferson collectors, but unfortunately the demand will not exceed the supply and until that happens, this coin will have modest, in not stale, movement. Now make a slot for this coin in all the albums, then we would have a different story. Over night the prices on this would go through the roof because now the demand would far exceed the supply.
Very true just like the 1971 S no S proof in a registry set the coin does not count as points the reason being that only 1648 known? However if you collect Jeffersons to me its a had to have. I just think about Key and low mintages coins prices back in the late 60's early 70's Hinde sight is always 20/20 an investment on a low mintage /Key coin today can pay off in years to come.
SMS stands for Special Mint Set. This coin, and the '94, came as part of a Special Mint Set. That is why most people do refer to them as SMS coins, and correctly so. You will find them referred to as SMS coins in various articles, literature, and auctions. Even the Red Book lists them as Special Unc. So where does the confusion come from ? Why do some say they are SMS and some say they are not SMS ? It comes from the TPGs of course, the entities that too many people think of as always being right. If they (the TPGs) say something is or something is not - then it simply must be so. However - even they are confused and cannot make up their minds. Examples - Here is a '94 sold at auction in Feb. 2000. It is listed as an SMS by the auction company, but PCGS slabbed it as SP - http://coins.ha.com/c/item.zx?saleNo=20022&lotNo=2108 And here is another '94 sold at auction in 2010 and listed and described by the auction company as SMS, and slabbed by PCGS as SMS - http://coins.ha.com/c/item.zx?saleNo=1137&lotNo=353 Same kind of thing happens with the '97 coin - http://coins.ha.com/c/item.zx?saleNo=331&lotNo=500 http://coins.ha.com/c/item.zx?saleNo=305&lotNo=563 http://coins.ha.com/c/item.zx?saleNo=309&lotNo=441 When it comes right down to it the labels SMS and SP are merely used to set the coins apart from other ordinary Proof and business strike coins. Both labels do the job. You can argue all day about one being more correct than the other. But to my way of thinking the coins did not come from the mint as part of a Specimen set, they came as part of a Special Mint Set, just like the '65, '66, and '67 SMS coins did because they were different from the ordinary sets issued by the mint.
I got a toner that has an attractive golden reverse and light gold obverse hues, but it is in its OGP.