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1945 FB Mercury Dime Or Not?

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FlipOfACoin's Avatar
474 Posts
 Posted 12/29/2011  3:02 pm Show Profile   Bookmark this topic Add FlipOfACoin to your friends list Get a Link to this Message Number of Subscribers
I know this is probably going to be like putting a match to a powder keg, but should this coin receive the FB designation in light of the overall lack of 1945-P Mercs with any center band details at all? Yes, this is my coin.

OK, the flack-vest is on and I'm ducking my head.... so let's hear your thoughts please!

1945-FB-Mercury-Dime-Or-Not? 1945-FB-Mercury-Dime-Or-Not? 1945-FB-Mercury-Dime-Or-Not? 1945-FB-Mercury-Dime-Or-Not?
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shadowtrooper78's Avatar
United States
1370 Posts
 Posted 12/29/2011  3:36 pm  Show Profile   Bookmark this reply Add shadowtrooper78 to your friends list Get a Link to this Reply
I'm going to have to say no on this one.....granted I don't have much merc experience but I do have one of this same year with more definition on the center band that did not get the coveted FB designation from NGC. It did get an MS67 though.....how I wish it were FB....sigh
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macmercury's Avatar
United States
5839 Posts
 Posted 12/29/2011  4:32 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
This is a tough year where the center band always have that flat strike look, yours is better than a lot I have seen. I am still looking one for myself...!
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oih82w8's Avatar
United States
7840 Posts
 Posted 12/29/2011  7:26 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Looks oh-so-close. I saw a 45-P that someone took a razor blade/knife/something to the center bands...not good.

Tough year/mint combo to obtain!

It's really nice though!
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 12/29/2011  7:32 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I think this will just miss FB.
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FlipOfACoin's Avatar
474 Posts
 Posted 12/29/2011  8:06 pm  Show Profile   Bookmark this reply Add FlipOfACoin to your friends list Get a Link to this Reply
Thanks for everyone's input so far.... I appreciate your collective thoughts.

@oih82w8 - Are you kidding? A razor blade! What did they do.... stick the blade in the split and whack it with a hammer?!

@D0ubl3Eagle - I kind of have the same feeling. Arrrggghhhh!
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FlipOfACoin's Avatar
474 Posts
 Posted 12/29/2011  8:13 pm  Show Profile   Bookmark this reply Add FlipOfACoin to your friends list Get a Link to this Reply
Assuming this coin will not be collecting any particular awards, is there a TPG that would be more likely than the others to award the FB designation to a coin in this state?

On-the-other-hand: Should this coin carry any kind of a premium because of the detail that it DOES have? If so, then how much?
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westcoin's Avatar
United States
9796 Posts
 Posted 12/29/2011  9:35 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
TPG tend to look not only for the split beingcomplete but also the roundness of the bands like McDonalds arches. So I'd have to say nope on this one as well, but oh so close.
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macmercury's Avatar
United States
5839 Posts
 Posted 12/29/2011  10:29 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I would say that you would bring in some good $$$ numbers with those images on ebay.
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FlipOfACoin's Avatar
474 Posts
 Posted 12/29/2011  11:10 pm  Show Profile   Bookmark this reply Add FlipOfACoin to your friends list Get a Link to this Reply
@ macmercury - Thanks for the vote of confidence, but I am not a big fan of ebay. That is kind of why I was wondering if the coin has any 'premium value.' I could then better decide what to do with the coin.
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FlipOfACoin's Avatar
474 Posts
 Posted 01/04/2012  8:11 pm  Show Profile   Bookmark this reply Add FlipOfACoin to your friends list Get a Link to this Reply
Thank you for all of your responses!

I still need some guidance on what to do with this coin. Should this coin, with what looks like very close to FB detail, garner any kind of premium since most 1945-P Mercs are virtually flat at the center bands?
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Las_Vegas_Larry's Avatar
United States
817 Posts
 Posted 01/05/2012  10:26 am  Show Profile   Bookmark this reply Add Las_Vegas_Larry to your friends list Get a Link to this Reply
I would say send it to the toughest grader first, PCGS.

Check out Heritage auctions for those coins that have been sold as 1945 FB. That may be of some assistance.

I like it. I think it will grade FB.

Good Luck
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 01/05/2012  11:25 am  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
I would say it misses, but it's about as close as you get with 1945-P. Other than the few FB examples I've seen in places like the Heritage auction archives, this is easily the best struck 1945-P that I've seen, and all the FB ones are really borderline cases anyway. TPGs are more lenient with the tougher dates like this, so it might be worth submitting because it's a potential jackpot. Even if it doesn't come out with the FB designation, it looks to be a high grade (maybe MS66?). And given that it's close to FB, it should carry a significant premium over a "regular" 1945, which typically has completely flat bands, or even flat fasces. I know I'd pay a premium, for sure.
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biokemist6's Avatar
United States
12437 Posts
 Posted 01/05/2012  11:44 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
I hate to be a naysayer but I doubt either PCGS or NGC would give it FB status, they both hate "creating wealth" from marginal coins. There is a very good reason why a 64 is a $5k coin, 65 is a $10k+ coin, and 66 is a $15k coin- 1945-P FBs are incredibly rare.

However, it is still a choice coin with almost Full Bands so it should definitely sell for a premium. How much will depend on how badly someone wants a 1945-P with bands that are at least separated and it would not surprise me to see it go for at least double what an average 1945-P would sell for.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/05/2012  12:18 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Agreed with biokemist. I would call this one a very strong 66, probably 67, with a scintillating strike, and would pay a substantial premium over a "standard" 66 for it. This is about as good as it gets for a non-FSB Merc.
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 01/05/2012  12:26 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
I was originally going to say "even if it's not full bands, it's better than 99% of the 1945-P that you see" but then thought that might be an exaggeration... But maybe not. 1945 is a common enough date (mintage of 159 million) that you can acquire uncirculated rolls easily enough. If I bought two rolls, would I expect to find one this nice? Not likely... True FB examples are almost literally one in a million. Is this coin perhaps one in a thousand?

Yeah, I think "double what an average 1945-P would sell for" is quite reasonable. It's a high grade, with clean fields, and a sharp strike with virtually no weakness in the periphery, which is common even on full band examples.
Edited by CaptainFwiffo
01/05/2012 12:30 pm
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