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1945-P Merc

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shadowtrooper78's Avatar
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1370 Posts
 Posted 05/20/2012  10:44 am Show Profile   Bookmark this topic Add shadowtrooper78 to your friends list Get a Link to this Message Number of Subscribers
not lucky enough to find one with fsb....however found this one in an old pcgs holder....buckets of luster. What would you grade it?

1945-P-Merc

1945-P-Merc
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CaptainFwiffo's Avatar
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4132 Posts
 Posted 05/20/2012  11:30 am  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
Very nice. Not FB, but a really good strike for the date. I don't see any marks of significance. Nice, subtle color too.

MS66 (maybe higher, but hard to tell from pictures)
Edited by CaptainFwiffo
05/20/2012 11:35 am
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macmercury's Avatar
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 Posted 05/20/2012  2:26 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply


That is a nice one!
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D0ubl3Eagle's Avatar
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5854 Posts
 Posted 05/21/2012  6:04 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I will guess that they gave this a MS-65 but it could go higher.
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shadowtrooper78's Avatar
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 Posted 05/23/2012  12:51 pm  Show Profile   Bookmark this reply Add shadowtrooper78 to your friends list Get a Link to this Reply
Here it is in the slab. I had 2 NGC's graded MS 67 this one seems to have more luster and eye appeal, which is what sold me....especially for $18

1945-P-Merc
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 Posted 05/24/2012  11:17 am  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
For $18 you did great! I rarely by slabbed coins, but for a high grade coin, purchased for less than the cost of slabbing....you can't go wrong.
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CaptainFwiffo's Avatar
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4132 Posts
 Posted 05/24/2012  12:24 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
I've been a little skeptical in the past that these old holders are under-graded in a systematic way relative to current standards, but this coin seems to support the notion. Then again, I have some coins in new holders that are under-graded too.
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shadowtrooper78's Avatar
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1370 Posts
 Posted 05/24/2012  12:30 pm  Show Profile   Bookmark this reply Add shadowtrooper78 to your friends list Get a Link to this Reply
yeah it always goes back to buy the coin not the holder....the only time i'll pick up a slabbed coin is if I feel it has been undergraded thus getting it cheaper....or if its a key date......or if its just a flat out good deal haha.
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CaptainFwiffo's Avatar
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 Posted 05/24/2012  12:38 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
I have a few slabbed coins that I think are under-graded, and a few that are probably over-graded.

This 1923 is in a new-style PCGS slab at MS64FB. I have no doubt it would earn a gold CAC sticker, and if I cracked it I would would give it 50/50 odds of coming back as a 66. It was also under-priced; I got it for a little over MS63FB money.

1945-P-Merc

And check out that hammered strike.
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 Posted 05/24/2012  12:58 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
Captain, that is a beautiful 23! I agree, easily a 65. I would have to see it in hand and with a loop to go any higher, but that is not a reflection on you or the coin....just the way I grade.
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shadowtrooper78's Avatar
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1370 Posts
 Posted 05/24/2012  1:10 pm  Show Profile   Bookmark this reply Add shadowtrooper78 to your friends list Get a Link to this Reply
that is a pretty dime. There is definitely a margin of error with the TPG's....I mainly collect morgans and have seen some grossly over graded in pcgs slabs as well as under graded. Last week I looked at a 21-S I would have given an XF 45 and pcgs had it at a 62. On the flip side of that I've picked up some I've felt to be 1 or 2 points under graded. I can honestly say from my experience this holds true for pcgs, ngc, anacs and even icg.
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FlipOfACoin's Avatar
474 Posts
 Posted 05/24/2012  1:23 pm  Show Profile   Bookmark this reply Add FlipOfACoin to your friends list Get a Link to this Reply
I really like the 1945-P you posted. Any 45-P with detail definition in the center bands is a great coin IMO.
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