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PCGS Environmental Damage Price Adjustment

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Keith67's Avatar
United States
6535 Posts
 Posted 07/24/2021  09:25 am  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply
I think you are right on with VF-30. If someone wants it bad enough 3,4,5 K? Not my thing
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Spence's Avatar
United States
34402 Posts
 Posted 07/24/2021  09:34 am  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
Here is a close-up of the obv (without toning) to show off the doubling. Thx for posting @tony!


PCGS-Environmental-Damage-Price-Adjustment
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Ty2020b's Avatar
United States
4680 Posts
 Posted 07/24/2021  09:35 am  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
As others have said, nice eye appeal. For an example with corrosion, the details are still there, not mushy, and the pitting is more isolated to the fields. All too often with corroded examples it's just a pitted mess and you can't even make out the date.. this one is a nice sharp date. VF25-30 Details.

Details pricing is always tough, as proven here already, you've gotten several different price points. Ultimately, it's what someone will pay for it. I can see a range from $4-$7K. Obviously you liked it enough to pay the price you did (feel free to share, if not, it's not our concern) and if you plan on keeping it in your collection, then price is a bit irrelevant.

Now if you plan on resale, that's another story..
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kbbpll's Avatar
United States
4233 Posts
 Posted 07/24/2021  12:03 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
If you search Heritage archives for "1916 5c doubled die obverse", the first two coins give a value comparison. An ANACS VF30 Details Corroded Tooled sold Jul 14, 2021 for $3,120.00, and a NGC VF35 sold Apr 22, 2021 for $16,800.00. That's quite a spread. However, your coin is more attractive than the ANACS one. I think @Ty2020b nails it in the $4-7k range.
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fortcollins's Avatar
United States
3642 Posts
 Posted 07/24/2021  12:24 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
VF Details is spot on. Nice coin, and a darned hard one to snag.

Not all details coins are alike, and the market reflects that. Bent, holed, harshly cleaned, and graffiti covered coins bring very low dollars relative to nominal grade. Coins that are ED or unintentionally scratched or have light cleanings fare much better. It's all about supply, demand, and eye appeal.

The 1916 DDO is a truly rare coin, unlike the 1918-D/1917-D DDO and 1937-D three-legged Buff. They are scarce, but plentiful enough that buyers can avoid details coins.

Yours is a nice example. The dark ED coloring is fairly common on that era of Buffs, so it is something collectors have seen before. In other words, it wouldn't look like a space alien in a collection.

IMHO, if you were looking to sell, an initial pricing around 80% of a straight grade example would not be offensive enough to scare away buyers. There would be some bear wrestling over price, but this one would probably sell somewhere north of 50% of straight grade. This coin would absolutely have a market.
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United States
127 Posts
 Posted 07/24/2021  1:09 pm  Show Profile   Bookmark this reply Add Tonyqt to your friends list Get a Link to this Reply
Thanks all. I'm not looking to sell and if I did, it would be one of the last coins to go. Beside the regular Buffalo nickel dates I have what I call my big 7. They are,
Varieties- 1916 DDO, 1918/7D, 1921 DDO, 1935 DDR, 1937 D 3 leg
Errors- 1936 off center, no date double struck in collar

Hopping to add the 1936 D 3 1/2 leg at some point
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MisterT's Avatar
United States
2003 Posts
 Posted 07/24/2021  1:12 pm  Show Profile   Bookmark this reply Add MisterT to your friends list Get a Link to this Reply
Thanks for posting the close up picks of this rare find! VF- Details seems correct and I would think that even if you knocked it down two grades to a straight Vg it should still be valued at about $4K. Congrats on an exceptional find!
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