More grade guessing

Discussion in 'US Coins Forum' started by The_Cave_Troll, Nov 29, 2005.

  1. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    picked this one up today with the proceeds from most of the rolls of halves I searched over the last year. It is in an ANACS slab, what do you guys think it grades.

    Obverse:
    [​IMG]

    Reverse:
    [​IMG]
    It completes my date and mintmark set of Mercury's! Yea!


    Also, I picked this one up a couple of weeks ago from Harlan J. Berk. It just jumped out at me and screamed, "You NEED me!" It is a little darker in hand than the pictures show, but it is still very nice. So guess away at it's grade.

    [​IMG][​IMG]

    Have fun!
     
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  3. benk1234

    benk1234 New Member

    I would say G-4 on the dime and AU-50 on the cent. NIce coins!!
     
  4. Speedy

    Speedy Researching Coins Supporter

    Nice find on the dime!!!
    I would only grade it at G4...but I would bet that since that is a key date and since that Market grading is in use...I would say ANACS put G6 or maybe even VG8....

    As for the cent--I think its hard to say for sure...high grade copper has always been hard IMO...but I would say MS62/3.
    I don't see any wear on the jar or cheekbone...

    Speedy
     
  5. WillieSutton

    WillieSutton Member

    Cave

    Looks like you got an absolute steal if it grades G-4 or higher. As an indicator, the 2006 Red Book lists the '16-D G-4 at $800.

    From your post on the Kennedy Half thread, you said it cost you approx. 7 rolls of 90%ers and 14 rolls of 40%ers. If I'm figuring correctly, that's about $420 [roughly 140 halves x $2 profit gross margin plus 280 x $.50 = $420].

    Not counting your time and effort (fun time), that's a great deal. Is that close to how you look at it.

    Regards!

    Willie
     
  6. smithrow1

    smithrow1 New Member

    The 16d dime would grade G-6 by Anacs, and the cent AU-58. Like the dime nice coin.
     
  7. GDJMSP

    GDJMSP Numismatist Moderator

    I'll say G6 on the dime. As for the cent - I'm still trying to figure out why the wheat lines run horizontally :confused: Or do I need to change my glasses again ?
     
  8. The_Cave_Troll

    The_Cave_Troll The Coin Troll


    I think it's a great deal, too. The way I count it, I paid face value for 21 rolls of halves that I was able to "trade" for a 16D, so my total cost (excluding labor, which I enjoyed) was $210, since I paid FV for the coins, all I'm "out" after the "trade" is the original FV.
     
  9. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    You guys agree with ANACS on the Dime:

    [​IMG]
     
  10. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    That is just an illusion of the photo. It is the small sales photo from HJB's website (unfortunately I didn't save a copy of the blown-up photo's to my HD before they were removed) and it is obviously meant to show off the toning, therefore it doesn't do a great job of showing off the coin's details.

    I've taken a couple of my own photos, but it is a nasty little bugger to acturately photograph, it's just too shiny. Anyway here are my best efforts so far, I'll keep trying though if these don't help. I think these do a better job of showing off that there are no breaks in luster across the cheek and jaw.

    [​IMG]

    [​IMG]

    P.S. it's a proof
     
  11. GDJMSP

    GDJMSP Numismatist Moderator

    Yeah I knew it was a Proof - but those lines going the wrong way had me going I'll tell ya :rolling:

    I like your pics better actually - but they do confirm something else I thought I saw - that scratch on the reverse. If not for that, I'd give the coin a 66 - but with it, I'd have to go with PF64. Still a gorgeous coin - tons of eye appeal in my book ;)
     
  12. Speedy

    Speedy Researching Coins Supporter

    I never would have guessed a proof from the top photos....

    Speedy
     
  13. julzboi661

    julzboi661 New Member

    me either. Nice cent, and i think you got a good deal on that merc
     
  14. The_Cave_Troll

    The_Cave_Troll The Coin Troll


    I bought it based on eye appeal, and I'm happy with it. HJB called it a PF62. I think the carbon spot to the right of the second A in America and the 2 small nicks on the obverse between the chin and the date (look at the first photos I posted to see them) is why he marked it so low. I think it is fabulous and I think it might grade better than 62 if submitted.
     
  15. WillieSutton

    WillieSutton Member

    OK, come to think of it, I am valuing my found silver at face value in reducing the cost of my purchased silver hoard. But it seems to beg the question even more as to what the dealer was thinking when he let a $1,000 (?) graded coin go for 21 rolls of halves, two to one 40%ers. Seems like there has to be a rest of the story. Past business. Future business. Both. Don't believe any of the dealers I have talked to would have considered it. But couldn't have happened to a nicer guy!

    Willie
     
  16. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    The sale price at the dealer was $700, a more than fair price in my book, and the rolls were sold to a family member at very close to their (then) actual bullion value. It allowed my old man to pick up a bunch of silver for less than the dealer would have charged him and I was able to get a good bit more for the rolls than I would have if I'd taken them to my dealer. Now all I have to do is make sure I don't let my Mom know that I facilitated my Dad spending all that money on a "bunch of old coins". ;) lol

    Now that I come to think of it I probably shouldn't let my wife know that I traded $210 in halves for 10¢. ;) She just wouldn't understand...
     
  17. GDJMSP

    GDJMSP Numismatist Moderator


    Well, if you compare your coin to this one - CLICK HERE I don't see any problem at with your coin grading PF64. After all - it's got several carbon spots :whistle:
     
  18. WillieSutton

    WillieSutton Member

    Thanks for sharing that. I didn't mean to get too personal. But I am trying very hard to understand the numismatic side of things.

    Regards!

    Willie
     
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