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1916 Large D/ Small D Quarter FS-501

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1916 D Merc's Avatar
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 Posted 07/12/2013  9:14 pm Show Profile   Bookmark this topic Add 1916 D Merc to your friends list Get a Link to this Message Number of Subscribers
I just looked through $5 face of barbers that I got @ 18x. I was wondering if this is the 1916 d/d variety and is it worth sending in? (I apologize for the harsh lighting, I really should get a better scope)


1916-Large-D/-Small-D-Quarter-FS-501

1916-Large-D/-Small-D-Quarter-FS-501

1916-Large-D/-Small-D-Quarter-FS-501
Edited by 1916 D Merc
07/12/2013 9:33 pm
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SsuperDdave's Avatar
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 Posted 07/13/2013  2:03 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
There's more than one RPM:

http://blog.davidlawrence.com/index...ysis-1916-d/

Yours looks very much like 101, which is the one usually attributed. The most recent attributed sale at Heritage (from 2011, in PCGS) looks like your coin.
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1916 D Merc's Avatar
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 Posted 07/13/2013  3:01 pm  Show Profile   Bookmark this reply Add 1916 D Merc to your friends list Get a Link to this Reply
Yes, I looked at all of the RPM and this (what I believe) is the large d/small d or RPM south. What I do not understand is that NGC certifies all 1916 d RPMs as FS-501
Also, in the cherry picker's guide does it have anything pertaining to value? Or a rarity factor?
Edited by 1916 D Merc
07/13/2013 3:03 pm
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SsuperDdave's Avatar
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 Posted 07/13/2013  3:13 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
What I do not understand is that NGC certifies all 1916 d RPMs as FS-501


That's not out of character for the two largest TPG's. Sometimes, they just do stuff their own way regardless of how the numismatic community sees it. Of 625 auction results presented by Heritage for 1916-D Quarters, only 8 were attributed D/D. That's a hint as to rarity.

As regards value, all I can say is that the PCGS example I referenced above hammered at a 50% premium over "normal" price in grade.
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1916 D Merc's Avatar
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 Posted 07/13/2013  3:24 pm  Show Profile   Bookmark this reply Add 1916 D Merc to your friends list Get a Link to this Reply
Judging from the current PCGS pop with only 1 at Vg-8 and 0 lower, I may have a lowball on my hands. Do you think that this is worth sending in? (perhaps not now, but in the future or when barber varieties become very popular?)

Even if the answer to above is no, I may want to send it in just so it is not sold/traded/etc. as a G4 1916-d barber
Edited by 1916 D Merc
07/13/2013 3:25 pm
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SsuperDdave's Avatar
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 Posted 07/13/2013  3:33 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I would absolutely consider putting this one into an attributed slab, regardless of grade.
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1916 D Merc's Avatar
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 Posted 07/13/2013  3:40 pm  Show Profile   Bookmark this reply Add 1916 D Merc to your friends list Get a Link to this Reply
Alright, I believe I will take your advice and soon join PCGS and submit this coin. I believe I am having beginner's luck (this is my 2nd year of coin collecting and I have found many sweet deals.) I don't mean to brag but just to name two: a F-12 1913-S type 2 for only $75 and a 1916-d merc for $3, you may remember this coin from an earlier thread.
This coin reminds me of some chit chat an educator from a coin club and I had at the summer FUN show. "There's a BIG difference between rarity and value." I believe you understand where I am coming from.
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1916 D Merc's Avatar
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 Posted 07/13/2013  4:03 pm  Show Profile   Bookmark this reply Add 1916 D Merc to your friends list Get a Link to this Reply
SsuperDdave, I would like to thank you for your input on this coin. I searched the web high and low for information on this coin. Finding little tid-bits here and there. I wish to one day have as much knowledge on coins as you do.
Ryan
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TreasHunt's Avatar
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 Posted 07/22/2013  05:40 am  Show Profile   Bookmark this reply Add TreasHunt to your friends list Get a Link to this Reply
save your money, unless your intent is to have a low ball.

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BluegrassRiver's Avatar
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 Posted 08/10/2013  10:23 am  Show Profile   Bookmark this reply Add BluegrassRiver to your friends list Get a Link to this Reply
do it do it! It's not a normal 1916-D and needs to be seperated & identified. Have considered having ANACS since there is no membership fee?
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1916 D Merc's Avatar
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459 Posts
 Posted 08/10/2013  4:51 pm  Show Profile   Bookmark this reply Add 1916 D Merc to your friends list Get a Link to this Reply
I think ANACS is the same as NGC and recognizes all RPMs of this date as a Large/Small D.
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SsuperDdave's Avatar
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 Posted 08/10/2013  6:41 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Pro tip: I knew nothing about this variety before seeing it here for the first time. Like many coins I comment on at CCF. It's all there for you to find on the Internet, if you look hard enough.
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1916 D Merc's Avatar
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459 Posts
 Posted 08/10/2013  11:26 pm  Show Profile   Bookmark this reply Add 1916 D Merc to your friends list Get a Link to this Reply
Wow! You have me fooled, I thought that you had seen this variety before and done extensive research on it.
I plan on joining PCGS and submitting this and 3 other coins at the FUN show in January. You can submit coins at the show using the voucher, correct?
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SsuperDdave's Avatar
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 Posted 08/11/2013  1:07 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I think (do not quote me) that PCGS uses a special "Show Tier" pricing for submissions at a show; I know for sure about that tier but it probably only covers coins they grade and encapsulate during the show itself. It ain't cheap. My guess would be that if you're willing to endure the normal turnaround, they'll accept voucher submissions at the show for later grading.

You know you want to go to FUN, anyway. All you have to do is ask while you're there.
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1916 D Merc's Avatar
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459 Posts
 Posted 08/11/2013  1:52 pm  Show Profile   Bookmark this reply Add 1916 D Merc to your friends list Get a Link to this Reply

Quote:
You know you want to go to FUN, anyway.

That is very true. I really like only being an hour away from one of the best coin shows in the Southeast.
I'll also ask if you can submit variety coins under the same tier with the voucher. I do realize that they will not waive their $15 attribution fee.
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