This is not considered an overdate but a doubled die Obv. Yes the date will show dramatic doubling if not worn off but there are other pickup points that still show even when the date is gone. Some people will nic a date it. To bring back the date but that hurts the value by about 50%. All 3 feathers as well as the braids are doubled.
The one I sold was acid dated, but done really nice. Since I have another one it was easy to let go. Then this on comes up for sale priced less than the one I just sold. So I pulled the trigger and bought it. Now I have 2 again.
I think coins should be collected for the enjoyment and not as an investment. If down the road when it comes time to sell and you make some profit, that's great. There are way more avenues than coins to invest in. Collect coins for the fun of it.
I would recommend spending a little on numismatic literature, especially on Buffalo Nickels and Mercs. This will help you make an educated decision and hopefully elevate any regrets or poor purchases down the road.
Sorry for opening an older post. After the coin CACed it bothered me as I felt this coin was under graded. I took the chance and cracked it out and sent it to NGC. It went from PCGS F12 CAC (green) to NGC VF25. Well worth the cost. Sorry for the bad picture in its new slab.