I see and hear about a lot different standards for coins being sold as no "FG" Kennedy's; Weak FG. no F, etc. I'm pretty sure that "no" means no trace of either initial, but I thought I'd throw this out there. I found a 1972-D that is missing all of the F and about 40% of the G, the remainder is very faint: Is this coin of any interest or value to collectors?, or as I suspect, just another 50 cents?
They are collectible - I've seen them on Ebay starting at around 20$ and go up from there depending on condition.
That's definitely a "Close but no Banana" coin. The 1982 No FG Coins are fairly easy to acquire but the 1972-D No FG are super scarce. The reason the 72-D's are super scarce is that the die abrasion was so severe that the coin appeared to be well circulated right off the press. Back in 1972, which was just a few short years into the CnClad revolution, if the coins weren't really nice, they just didn't get saved by the rolls or bags. Couple that with the fact that CnClad was simply poo-pooed at the time and these coins were included in the 2.75 million US Mint sets anyway, there just wasn't a big demand to stick rolls and bags away. Back when these were included in the CPG and PCGS began attributing them, prices were off the charts for "authentic" 1972-D No FG coins. An XF-45 sold on Teletrade for $375. AU-58 examples were well over $500 and MS examples (of which there were only 2 at the time) cost some serious money. Prices have relaxed a bit since the market in these is pretty thin where only the most avid TPG Registry Collectors were paying serious money for them since they know the value of the coin. Since around 2009, 2 MS62's, an MS63 and an MS64 have been graded and attributed. All PCGS gradings of course. Finding them can be an expensive hit or miss proposition since rolls upon rolls of 1972-D coins need to be purchased and searched. Authentic, original rolls (which is where I found my MS63) are pretty tough since a lot of rolls nowadays are "put together rolls" from US Mint sets. EBay is loaded, or was loaded, with many 1972-D No FG Wannabee's which is the class your coin falls into. Sellers try to hawk them as the real deal but in reality they are simply grease filled dies which have no value. Your coin looks different than most that I've seen in that the field between the leg and tail appears relatively flat. The coin actually looks more like a 1982 than a 1972-D. There are specific die markers on the obverse as this specific reverse die appears to have only been coupled with a single obverse die. I've yet to see any authentic examples with a different obverse die.
