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Good Deal On MS-67 Merc?

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brian92's Avatar
United States
3 Posts
 Posted 05/27/2009  9:36 pm Show Profile   Bookmark this topic Add brian92 to your friends list Get a Link to this Message Number of Subscribers
Hey this is my first post on here, and I'm just starting to get back into the hobby a long break. Anyway I was just able to purchase what I believe to be a tremendous deal, but like I said I'm a little rusty.

I got a ICG slabbed MS67FB 1941-S Mercury for $59. I was ecstatic when I found out I won the auction, and it seems a bit too good to be true.

Any thoughts, I looked at the PCGS price guide for one and I paid about a fifth of that. I don't know how to convert from price guide to actual price you should pay. Any thoughts would be great? Also is IGC a good name in coin grading? I usually go with NGC and PCGS.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 05/27/2009  10:32 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I think the PCGS price guide is way off on Merc's. I paid $7.00 for a MS-66 1944 Mercury dime (even though this is a more common date) PCGS lists it as a $27.00 coin but I have seen none sell any where close to that price in the past year or so I have been watching them
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brian92's Avatar
United States
3 Posts
 Posted 05/27/2009  10:43 pm  Show Profile   Bookmark this reply Add brian92 to your friends list Get a Link to this Reply
Thanks! I appreciate it. Just glad I didn't end up paying too much more than I should have.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 05/27/2009  11:00 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
as I said, your coin is a rarer date than mine and even though I haven't priced that particular date I think you probably got a decent deal on it. I will do some checking tomorrow but I have a major headache right now and am fixing to go to bed
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BH1964's Avatar
United States
10982 Posts
 Posted 05/28/2009  12:11 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
Also is IGC a good name in coin grading? I usually go with NGC and PCGS.


ICG is legit but I usually knock 1 point off their MS grades when establishing value. Once you get the coin in hand, you'll have a much better idea.

I've got a few ICG slabs and 2 of them are over-graded and 2 are accurate IMHO. Don't use the PCGS Price Guide too often. Numismedia is a better reflection of the retail market for most coins.
ANA #R3154474
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Bilbo's Avatar
United States
812 Posts
 Posted 05/28/2009  09:56 am  Show Profile   Bookmark this reply Add Bilbo to your friends list Get a Link to this Reply
Welcome to the forum!

Here is a link to Numismedia's pricing for MS mercs: http://www.numismedia.com/fmv/price...ices61.shtml

It appears that if it is really MS67, you got a great deal. I imagine the bidders were assuming it may only be MS66. Still not a bad price.
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mklpatrick's Avatar
United States
580 Posts
 Posted 05/28/2009  10:27 am  Show Profile   Bookmark this reply Add mklpatrick to your friends list Get a Link to this Reply
The price difference between MS66 and MS67 is tremendous on the '41-s. It almost quadruples! I'd be curious to see how it graded through PCGS.
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brian92's Avatar
United States
3 Posts
 Posted 05/28/2009  2:29 pm  Show Profile   Bookmark this reply Add brian92 to your friends list Get a Link to this Reply
Yeah, I agree. I was considering "deslabbing" and submitting it to PCGS if I am confident that it is MS67FB(Which I don't really know how to tell). If they send it back as an MS66FB I can't say I'd be heartbroken considering I got a good enough deal on it. That's just a though. Anyone have any ideas about that?

Heres the ebay link

http://cgi.ebay.com/ws/eBayISAPI.dl...280348303796
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nod2003's Avatar
United States
3294 Posts
 Posted 05/28/2009  2:52 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
Considering how it might cost $40 to get it slabbed, I would just enjoy it the way that it is.
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Brewzz's Avatar
United States
199 Posts
 Posted 05/28/2009  8:13 pm  Show Profile   Bookmark this reply Add Brewzz to your friends list Get a Link to this Reply
I would have asked for better pics,if I was thinking of bidding on it.
JMHO
Brewzz
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