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1953-D Jefferson Nickel MMS-003 Rarity?

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  • SamCoin
    • May 2021
    • 19

    1953-D Jefferson Nickel MMS-003 Rarity?

    I recently found a 1953-D Jefferson Nickel MMS-003, which is listed on variety Vista as ex. rare. I have found that the variety rarities on VV are not infallible, and can often be based on incomplete information (such as 1972 P/D jefferson RDV-007/ODV-023, which is listed as rare, but in my own experience can be found on about 1 in 5-10 coins of this date). I am curious if anyone here is familiar with this mint mark variety and perhaps has a sense of whether it truly is scarce. Here is a picture of the mint mark in question.

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  • mustbebob
    Moderator
    • Aug 2007
    • 3050

    #2
    The rarity scales used are often outdated. I can't even bring up the Nickel mint mark styles on VV. It is difficult at best to keep up with all of the details on things like this. At the time the data was listed, it was probably scarce to whoever put together the list. Since that time, it would have had to change.

    My personal take is that things like universal rarity scales and just using the words scare or rare are terribly over rated. Because a particular item was only reported once or twice does not mean it is rare or scarce. Only that it wasn't reported much. I don't know of any collectors who track this information for the sake of updating a list. Do you?
    Bob Piazza
    Lincoln Cent Attributer

    Comment

    • SamCoin
      • May 2021
      • 19

      #3
      Fair points! Personally, I don't care too much about exact rarities, but I do like to have at least a reasonable sample size to know that a coin is at least fairly scarce if I'm going to save it. If it's perhaps 1/50-1/100 I would consider that a reasonable proportion to be worth saving and I wouldn't be interested in splitting hairs between scarce, rare, ex. rare, etc., but if about 1/5-1/10 coins is of a given variety, then it's a hard sell for me to care about saving them.

      Comment

      • mustbebob
        Moderator
        • Aug 2007
        • 3050

        #4
        Another thing to consider when addressing scarcity is the actual die state of the example you have. Knowing how many examples were struck is a better indicator of how many of a particular variety are actually out there. The mint used to print how many coins were struck by die pairs in their annual report. If your coin was an LDS specimen, that could tell you that there are hundreds of thousands out there even though only a hand full were actually reported.
        Once again...the word 'reported' is key.
        Bob Piazza
        Lincoln Cent Attributer

        Comment

        • SamCoin
          • May 2021
          • 19

          #5
          How could I go about finding that information, Bob? And would it be recorded how many dies with this mint mark style were made in 1953?

          Comment

          • jcuve
            Lead attributer
            • Apr 2008
            • 1497

            #6
            On VV Wiles notes it as rare: http://www.varietyvista.com/04a%20JN...k%20Styles.htm

            I am not sure about rarity. Sometimes a good gauge for rarity and covetousness is eBay sales.
            Jason Cuvelier

            CONECA
            Lead attributer

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