Another thing to keep in mind. One of the grading companies, PCGS
, has a population report on their website. Of the 2100 they have graded up til today. Half of them are grade MS 65, about 1050 of them. They have graded about 500 MS66, and about 50 MS67 for this design. For this design there's more graded MS65 right now that MS64 or lower actually.
How many are graded at the same level as yours will absolutely affect the value in the long run. The serious collectors and spenders will want "top pop" coins, the highest graded examples for their collections.
It's not exactly "of all the ones printed" many people are content with anything to fill a hole in a book, while others are picky and will want the highest, commonest grade which will be cheap because of supply and demand, then there's the really picky collectors with money that will pay top dollar for the highest grade out there whenever they become available for sale.
Collectors of coins as a whole isn't a huge segment of the population and some of them specialize in certain fields. Like ancients or world coins or State Quarters
, or Lincoln cents, and don't care about W quarters.
I guess what I'm saying here is don't get your hopes up that it will be a condition rarity and be worth a ton of money down the road. Many low mintage coins are only worth a few dollars at MS 65 because people knew about them and hunted them and set them aside at the beginning and the population of high grade examples comes close to meeting demand for them. There's no guarantees it will go up in value over time. And may go down if there's some lucky roll hunter out there sitting on hundreds or even thousands of quality high graded examples to get graded later on. It's hard to say how it goes and speculative.
Good luck whatever you decide to do, if you got it graded and slabbed it would be clear to you what grade they determined it to be and it would be protected, that's for sure. I'm not sure if you could recover the grading costs in your lifetime and a bit of profit at this point though and only time and seeing what happens can tell you that. Thanks for posting your find, congrats on your find, and good luck to you.
Edited by Big-Kingdom
07/24/2019 06:37 am