Can anyone tell me what this coin is? Did I really get luck or....? Sorry. I forgot to mention that it is a die #3 - weak reverse.
If it was me I would confirm it with a local dealer (if available) then I would send it in for grading.
It is ANACS certified. That is part of the problem. They call everyting "weak" except die #2 regardless of what the D looks like. The 10x magnification is mostly the answer I was looking for. I will have to get the coin and see. That explains why ANACS certified F12 sell for either $70 or $500 on Heritage. Incidentally, ther is now a die #4. Cannot any any more particulars except that it is there.
If it qualifies as a "no D", I really lucked out. $86 for a $500-$600 coin sounds great to me. If it is just a weak "D", I do not think I got taken.
Does the slab say the same thing this one does ? If so, they sell for about $35 - $40. If it looks like this one - They have sold for as much as $170 - and that's tops.
Here is a picture of the slab. Is there some difference in your referrences save the Die #1 and die #3?
None at all, only difference is an assumption on my part - a mistaken assumption I based on your comment - "ANACS certified F12". I thought you were saying your coin was F12. But the point of my original comment was not to deal with the cost or the grade ( you didn't mention either til later ) - but merely in regard to what die pair it was. Based on your original question about whether you lucked out or not, I thought you were asking if you had by chance actually purchased a die pair 2 coin. If instead you had asked if you got lucky by purchasing a die pair 3 coin for $86 that was slabbed as VF30 - I would have simply said yes indeed and let it go at that
My question has to do with "no D" versus "weak D' in everyone's terminology except ANACS. There are not enough VF coins to compare, but using only ANACS die #3 coins on Heritage, there is a F12 for $170 and then several more for $60. There is a VG8 for $160 and $170 and then several for <$45. I assume that the higher priced coins are what most people call "no D" and the cheaper coins are the "weak D's". None of the pictures are clear enough for me to see for sure, but since ANACS does not differentiate between the two, it makes sense to me. If someone has some other ideas, fill me in. As best I can determine, my coin is either worth ~$100 or >$400. Incidentally, they do have 2 ANACS VF30 “1922 NO D WEAK REVERSE”. They went for $500 in 2002. After the above link and hearing straight from the ANACS graders at a coin show that only die #2 are called NO D, I have no idea where these came from.
rlm: In spite of what everone may say, I think that it was a great buy at $86. And, I have seen these sell for big bucks, and big bucks for asking prices. Alos, no, I do not think that you got taken.
If you open the pages for those coins on Heritage and actually look at them, you'll see that the cheaper ones were all labled by ANACS as - Cleaned, Damaged etc. That's why they went for such low prices. And it doesn't matter what a coin like this sold for back in 2002, it doesn't matter what it sold for a year ago. Prices have changed greatly since 2002, heck they often change every month. And it's not always upwards.
I don't think you got taken either, seems a good price for the grade, but IMO the D is visible, though it is very weak.
If you want to understand Die pairs 1, 2, 3, and 4. My website www.lincolncentresource.com has an article explain everything you need to know. Thanks, Brad
