Looking To Buy A 1916 SLQ

Hi Vanbroj. I was recently in your same position looking for a 1916 in the same grade range. I ended up buying this one raw for around $2000 and had it certified by ANACS as G-4. It was one of the only keys that I felt comfortable enough with the diagnostics to buy raw, as it is usually quite dangerous. I've cherrypicked 4 dateless examples in the past, which is another way you could go if on a budget.
Here is the one in my collection:







In G4, certified by the top 3 they usually range between 2600-3200 retail, and G-6s can carry that up to 3800. In this grade range, you will make serious sacrifice to date legibility. There is a huge variance in quality between these grades. My example shows the bottom of 3 digits. Some G4s only have a faint shadow of the "6" visible and weak rims, and I've seen G-6s that have the bottom parts of all 4 digits fully visible along with the loop on the "6".

I would intensely study the pictures in the Heritage archive of G-4 to G-6 examples, I think it is the best online resource for this coin/grade. Feel free to run one by us too if you decide on one, as it's a huge financial commitment.

Best of all, ENJOY THE HUNT!

On a sidenote, the first dateless 16 I found, was recently resold on Heritage, and brought $1380. Still a strong market for those!
http://coins.ha.com/c/item.zx?saleN...7&lotNo=3840

I would try and get one were you can at least see the fulldate

Thanks All,
It is really nice to get all the helpful feedback.
I do presently own a Anacs vg8.
Greysheet bid is 4750 and I had a local dealer offer me 4550.
I was hoping to sell my coin to him and pick up a Solid slabbed G4
and use the money in the differance for another need that I have.
Johnny that is a nice coin. My opinion is that the reverse is a vg8
and it would have been nice if that would have pulled the overall grade up to a G6
I have checked around on the internet and 1916 SLQ really seem overpriced relative to the greysheet.