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Posted 11/07/2022 10:22 pm
I considered buying this coin as I am currently looking for a gem 16-D with full bands but felt this one was overgraded. PCGS gave it MS65FB and sold for $47,200. I can live with an overgraded coin as long as it is priced correctly in my head, but this one wasn't. I can even live with an overgraded coin if it has outstanding eye appeal but this one did not have that.
The first issue is that this coin is weakly struck in liberty's hair, particularly to the right of the eye. It is also weakly struck in the corresponding area on the other side of the coin, by the lower diagonal band in the fascis.
The coin has very few marks but is bright white with many small oxidation spots throughout the obverse, giving it a dingy look. The axe head atop the fascis also looks dinged in several places.
The top and bottom sets of bands around the fascis look mushy. Although sharpness in those areas is not a requirement for full bands designation, I would prefer a sharper strike in all of the focal areas on this small coin.
To me it is not a particularly premium coin and certainly not gem in my book, so I decided to pass and keep looking. Thanks for sharing your thoughts on this coin and glad that we were roughly on the same page on this one. As to my grade, I think it is MS63FB and not a premium coin within the grade, mainly due to the strike weakness.
The first issue is that this coin is weakly struck in liberty's hair, particularly to the right of the eye. It is also weakly struck in the corresponding area on the other side of the coin, by the lower diagonal band in the fascis.
The coin has very few marks but is bright white with many small oxidation spots throughout the obverse, giving it a dingy look. The axe head atop the fascis also looks dinged in several places.
The top and bottom sets of bands around the fascis look mushy. Although sharpness in those areas is not a requirement for full bands designation, I would prefer a sharper strike in all of the focal areas on this small coin.
To me it is not a particularly premium coin and certainly not gem in my book, so I decided to pass and keep looking. Thanks for sharing your thoughts on this coin and glad that we were roughly on the same page on this one. As to my grade, I think it is MS63FB and not a premium coin within the grade, mainly due to the strike weakness.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
