The 1984 P 5 cent coin, also known as the Jefferson nickel, holds a special place in American currency as it was the last 5 cent coin to feature the iconic depiction of Thomas Jefferson on the obverse side. This particular coin has also earned an esteemed grade of MS70 by SGS, making it a highly sought-after coin for collectors and investors alike. The MS70 grade is the highest possible grade on the Sheldon grading scale used by most coin grading services. It stands for Mint State 70, which indicates that the coin is in perfect condition with no imperfections or signs of wear and tear. This level of quality is difficult to achieve, especially for coins that have been in circulation for several decades. So how did the 1984 P 5 cent coin earn such a prestigious grade? First and foremost, the MS70 grade is determined by the coin's overall appearance, including the sharpness of its design and the luster of its surface. The 1984 P nickel's design, featuring a left-facing portrait of Thomas Jefferson on the obverse and an image of his home, Monticello, on the reverse, was struck with precision and clarity, contributing to its high grade. Additionally, the coin's surface is free of any noticeable scratches, marks, or other imperfections, further solidifying its MS70 rating. To achieve this level of perfection, the 1984 P 5 cent coin would have had to been handled with extreme care and preserved in ideal conditions. Since coins can easily become damaged through regular circulation, it is rare to find an almost 40-year-old coin with such remarkable quality. This makes the MS70 grade all the more impressive and valuable. In addition to its pristine condition, this 1984 P 5 cent coin holds historical significance as the last of its kind. In 2006, the United States Mint changed the design of the nickel, replacing Jefferson's portrait with a new image of him facing forward. This makes the 1984 P 5 cent coin a must-have for both history enthusiasts and coin collectors alike. The MS70 grade is not only a testament to the exceptional quality of this particular coin, but it also adds to its value and desirability. Coins with high grades are often in high demand among collectors and investors, as they are considered to be rare and of high quality. The 1984 P 5 cent coin graded MS70 by SGS is no exception, with its value increasing year after year. In conclusion, the 1984 P 5 cent coin American graded MS70 by SGS is a stunning example of American currency. Its flawless condition, combined with its historical significance, makes it a highly coveted coin for collectors and investors alike. As a rare and valuable piece of American history, this coin is truly a gem in any collection.
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