Won the 1921-D Walking Liberty.. Deeper Analysis

Discussion in 'Coin Chat' started by BNB Analytics, Oct 15, 2009.

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  1. BNB Analytics

    BNB Analytics New Member

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  3. mikenoodle

    mikenoodle The Village Idiot Supporter

    what did you grade it?
     
  4. Just Carl

    Just Carl Numismatist

    If you like the coin and already paid for it, why bother having it graded. It's yours and just be happy as it is. I'd put it in one of my Albums and be happy to fill an empty slot. No plastic slabs for me.
     
  5. Collect89

    Collect89 Coin Collector

    I am also curious what the aspiring dealer grades the coin.
     
  6. BNB Analytics

    BNB Analytics New Member

    I don't have it in hand yet.

    Until I get it, no pre-judgements coming outta the aspiring dealer! ;)
     
  7. illini420

    illini420 1909 Collector

    Not a bad looking 1921-D. I think it'll grade VG08, maybe VG10.
     
  8. BNB Analytics

    BNB Analytics New Member

    http://cgi.ebay.com/1921-D-very-goo..._Individual?hash=item1c0d3e0029#ht_500wt_1182

    That's a VG Walking lib.

    You sound worse than that old guy devaluing your Franklin set right now.. lol!

    Do you ever give these people or any raw coin the benefit of the doubt Michael?

    http://www.auctiva.com/hostedimages...311752423&images=311752423&formats=0&format=0

    Another example to compare to.

    And another one.

    http://cgi.ebay.com/1921-D-Walking-...Individual?hash=item439aa8df8a#ht_3225wt_1165
     
  9. illini420

    illini420 1909 Collector

    Well all I did was pull out my ANA grading standards book and compare your coin to the photos. Looks much more like the VG-8 example than the F-12 example. I made no comments as to the value of the coin in either grade and haven't even looked up the price guides to know what one of these is even worth.

    And from what I can see on that coin you just posted as an example of a "very good," it looks much more like a G-4 maybe a G-6 to me.

    Bottom line is that those are just my grading opinions and the grades in the auctions are just the sellers' grading opinions. You can't trust either of us and you really can't even always trust the third party graders like PCGS and NGC (although they offer some guarantee to their grades).
     
  10. BNB Analytics

    BNB Analytics New Member

    Yeah I know but I'll never forget that time with that guy. These days, I'll speak up with someone like that. For me, it's worse than scratching your long juicy nails down a nice hard crusty chalkboard "eeeeeeeeeeeeeeeeeerrrr"..

    That's what this feels like.

    So my answer to you my friend is, let's see what the dealers think. Will have to be at the next show though since it was just shipped today.

    Can't wait to get it!
     
  11. illini420

    illini420 1909 Collector

    http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=370275186728

    Here's an example in a PCGS slab graded VG08. I think the detail of this coin is substantially similar to the coin you just purchased, though parts of your coin may have a slightly more detail present, so maybe in comparision your coin would bump to VG-10?? Hard to be certain and you'd need to find images of a few professionally certified VG-10 and F-12 examples to compare with yours to be more sure, but even then, the grading company could have a different opinion.

    That said, I like the overall eye appeal of your new coin much better than this guy's VG08.
     
  12. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    Nice coin, and congrats, hope it grades at what you want it to grade at... But I would recommend not buying from them ever again... Very scary dealing with them, no matter what you are buying.
     
  13. raider34

    raider34 Active Member

    Nice coin, from the pics it looks like a VG10, Imo I think there's a little too much wear for a F12.
     
  14. BNB Analytics

    BNB Analytics New Member

    Well for $350 i didn't do too bad ya think?

    I mean, if it grades VG or if it grades F, either way my win/loss isn't damaged too bad.

    I would have much rather gotten one graded BUT, it's hard to find them on the net for grey sheet prices. A show would be my only option and if I do see one there, I'll just sell this one and build up my ebay seller cred.
     
  15. raider34

    raider34 Active Member

    Seems like a fair deal to me. Do you plan on sending it in to get graded? The only thing I didn't like was that area on the reverse right under the A in America. I Can't tell if it's a big hit, or a hole. Btw if it was to grade Fine it would be a very good deal, but my guess is it would come back a VG10.
     
  16. CentDime

    CentDime Coin Hoarder

    My pcgs grading book mentions that for vg 8/10 the rims should still be strong and on the reverse at 4 o'clock it looks like the rim is almost gone. Also the E in LIBERTY on the obverse touches the rim, so my guess is vg 8 based on that although it may grade higher and I hope I am wrong.
     
  17. mikenoodle

    mikenoodle The Village Idiot Supporter


    The reason that I asked what you graded it is that what you grade it says what you think the coin is worth and therefore what you are willing to pay for it.

    The coins that you use as examples are different in a very imporatnt way from the one that you purchased.

    the first, the PCGS graded coin is a solid VG, no question. The raw coin is much more of a borderline call.

    As Illini pointed out (correctly I might add) the ANA standards for VG include a full rim on both sides. Although your coin could be argued about the obverse rims, the reverse rims are incomplete.

    Many will grade the key dates more liberally, but IMHO it is what it is. You can hope it's a VG, or wish that it was a VG, but without complete rims, regardless of detail it is a very nice G-6.
     
  18. BNB Analytics

    BNB Analytics New Member

    With all due respect, it's very funny that you low ball this coin even more with a very unfair G-6.

    I don't want a firestorm to break out but please, let's try to call a spade a spade here. I'm no grading expert, but this ain't no G-6. I've spent hours sifting through certified G's and they don't even come close to this coin.

    Sorry but it's very easy to set the bar low here, but going too low may raise the insult rate as well ;) this is with all due respect ya know.
     
  19. BNB Analytics

    BNB Analytics New Member

    Next thing you know someone's going to say altered surfaces..

    Before I won this coin, I ran it by a few senior members and they gave it the green light so I have no doubt that this is a good coin that will hopefully live up to its dealer's grading standard. If not, well, I didn't lose much in the try.
     
  20. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    I'll have to echo the other comments. The coin is definitely not a fine. I personally would call it a VG. At least it's real.
     
  21. GDJMSP

    GDJMSP Numismatist Moderator

    Mike is right, to be VG it needs to have a full rim. Look at the VG8 PCGS coin, it has a full rim, both sides. Your coin does not. Best it can be is G6.
     
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