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ANACS A Bit Strict On This 1916-D?

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Thundercoin's Avatar
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 Posted 01/22/2007  5:46 pm Show Profile   Bookmark this topic Add Thundercoin to your friends list Get a Link to this Message Number of Subscribers
http://cgi.ebay.com/1916-D-Mercury-...NR_W0QQitemZ320073601397QQihZ011QQcategoryZ41091QQrdZ1QQcmdZViewItem


This looks like a full good to me. The rim is worn into the tops of the letters a bit on the back, but not too much. Photograde for G-4 says that the reverse can "be worn down to the tops of the letters".

So what do you think AG or G?


Thundercoin
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SsuperDdave's Avatar
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 Posted 01/22/2007  8:27 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I think the grade's a bit conservative. Heck, a lot conservative. I just looked at much poorer examples graded G4, in everybody's slabs, at Heritage. That's a G4 coin.
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Thundercoin's Avatar
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 Posted 01/23/2007  08:17 am  Show Profile   Bookmark this reply Add Thundercoin to your friends list Get a Link to this Reply
Thanks for the confirmation Dave. If I had a bit more spending money right now I might bid on it. When I do have the money for a 16-D I will look for one like this!!!


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Susanlynn9's Avatar
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 Posted 01/23/2007  09:41 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
Definitely a G4 coin (and I tend to be conservative). I wonder what that grader was thinking that day...
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SE's Avatar
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 Posted 01/23/2007  12:50 pm  Show Profile   Bookmark this reply Add SE to your friends list Get a Link to this Reply
Hmmm, I tend to agree.

NGC probably would have given it a "First Strike" designation though.
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 Posted 01/23/2007  2:42 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
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Irishraider's Avatar
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 Posted 01/23/2007  9:32 pm  Show Profile   Bookmark this reply Add Irishraider to your friends list Get a Link to this Reply
This is definitely a G-4. ANACS just got this one wrong. There is no way this is an AG-3. It needs to be sent to PCGS in my opinion.

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Thundercoin's Avatar
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 Posted 01/23/2007  9:39 pm  Show Profile   Bookmark this reply Add Thundercoin to your friends list Get a Link to this Reply
quote:

This is definitely a G-4. ANACS just got this one wrong. There is no way this is an AG-3. It needs to be sent to PCGS in my opinion.


So are you going to buy it on ebay, send it to pcgs and then resell it for a tidy profit?




Thundercoin
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Irishraider's Avatar
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 Posted 01/23/2007  9:51 pm  Show Profile   Bookmark this reply Add Irishraider to your friends list Get a Link to this Reply
If I had the money that is exactly what I would do. However, it would take me all year of saving my coin budget to get that kind of cash.

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 Posted 01/23/2007  9:55 pm  Show Profile   Bookmark this reply Add Thundercoin to your friends list Get a Link to this Reply
I could come up with the money to buy it and resell it if I really wanted too, (said as I dig into the emergency savings account ).... it's just if I got it I have a feeling I would never sell it and I can't justify buying this coin to keep.

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Irishraider's Avatar
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 Posted 01/23/2007  10:06 pm  Show Profile   Bookmark this reply Add Irishraider to your friends list Get a Link to this Reply
Right, Unfortunately I would keep it. I might send it off to PCGS because I strongly feel that it is G-4. I collect Mercs so it would stay with me.

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SsuperDdave's Avatar
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 Posted 01/24/2007  3:48 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
It's at $545 with more than a day left. No doubt, it'll sell for more than market for G4.
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Thundercoin's Avatar
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 Posted 01/24/2007  5:20 pm  Show Profile   Bookmark this reply Add Thundercoin to your friends list Get a Link to this Reply
What do you consider market for G-4, Dave?

Looking at heritage AG-3 market seems to be $550 or so, and the last G-4's that weren't damaged were $840 or $920. (These G-4's didn't look as good as the AG-3 in this auction!)

I don't think this coin will go for $800, but it wouldn't surprise me if it ended up around $700.

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SsuperDdave's Avatar
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 Posted 01/24/2007  6:55 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I'm in the same frame of mind as you, Thundercoin. I base my "market" value estimates mostly on Heritage results. My bet is this coin will see $900, which, counting Heritage's juice, would put it over market.

Of course, you'd pay a dealer $1100 for it.
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Prethen's Avatar
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 Posted 01/25/2007  10:16 pm  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
It definitely looks like a G4 all day long. Perhaps they net graded it because it looked a bit scruffy to them, but some scruffiness is acceptable in a lower grade coin.
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tights24's Avatar
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 Posted 01/26/2007  06:30 am  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply
SOLD for $737.
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