This FB Mercury is worth less than it's non-FB counterpart?

[BodyBag]

1943-D. Look it up @ PCGS or eCoin Prices. Worth less in MS67FB than MS67. What's up with that? I just "won" an NGC MS67 on eBay and was amused at what I found when I went to see what kind of "deal" I got.

 

BTW, what silly high prices they list for some MS67 Mercs! What a lark!

[Oldtrader3]

Could it be that some dealer has convinced the Weenie Brain Collector segment of the hobby that non-FB dimes are "rarer" than the FB variety, because of lower pops.? But only PCGS slabs qualify!

[BodyBag]

That's what I was thinking, that the lower pop drives up the price. Can you believe $125 for a common Merc in MS67 ? What do they smoke at PCGS to come up with those prices?

[MarkFeld]

BodyBag,

 

In the real world, an MS67 FB is definitely worth more than an MS67 non-FB.

 

In the Certified Coin Dealer Newsletter, the 1943-D "FB" lists at $55, vs. $36 for the non-"FB" and on the Certified Coin Exchange, the sight unseen bid for the "FB" is $40, vs, $20 for the non-FB.

 

I'm quite confident that the same holds true for actual transactions, as well.

[jom]

In the real world, an MS67 FB is definitely worth more than an MS67 non-FB.

 

Of course, this assumes ALL other attributes are equal. I've seen FB coins with more of the coin not fully stuck than non-FB examples. Frankly, if the non-FB had some amazing toning and the FB was white I'd much rather have the non-FB example. Generalizing doesn't mean much in the coin market.

 

jom

[Wihlborg]

Of course, this assumes ALL other attributes are equal. I've seen FB coins with more of the coin not fully stuck than non-FB examples. Frankly, if the non-FB had some amazing toning and the FB was white I'd much rather have the non-FB example. Generalizing doesn't mean much in the coin market.

 

Very true Jom. That is the main reason why I could not care less about designations. I believe ALL the attributes of a coin need to be taken into account when trying to decide if one coin is better than another, not just if one has a designation that the other does not.

 

John

 

[MarkFeld]

Jom and John, I agree with each of you. I, of course, was speaking of all other things being equal and to published values.

[Wihlborg]

Jom and John, I agree with each of you. I, of course, was speaking of all other things being equal and to published values.

 

Mark,

 

I understood the point you were making, and I agree that if all other things are equal than the coin with a designation could be better than the same coin without the designation, and therefore be worth more, but I feel that with the proliferation of designations and the popularity of the registries a new class of collectors has formed.

 

These ‘point’ collectors will buy a coin based on how many points it receives in the registry. They will buy an ugly coin with a designation over a nicer coin without the designation or an ugly MS-66 coin instead of a pretty MS-65 so that they can receive more points in their registry set. IMO some of these people know that the coins they are buying are not as nice as other lower graded coins or a coin without a designation but they don’t really care, it’s all about the points. The ones I feel sorry for are the people who have been led to truly believe that just because a coin has a higher grade or a designation it is automatically better than any other coin with a lower grade printed on it’s slab label or without a designation.

 

John

 

[Fairlaneman]

I got shafted then when this coin was bought. Points are high but its way too pretty for my all ugly set. Thats what I get for being a points chaser.

 

BTW this is one of those 43D's.

 

Ken

 

[BodyBag]

So, what does one "get" when one adds a buttload of points to thier registry set? Prizes? Candy and gum? I really don't understand that registry stuff, aside from it being a nice way to keep track of a collection and direct people to photos of your coins. But points? Who cares ???

I certainly didn't buy my MS67 Merc for "points", I bought it because it was $26 shipped and is a nice upgrade to the MS66 it replaces

 

Oh, and designations, to heck with them. Buy the "look".

[jom]

They will buy an ugly coin with a designation over a nicer coin without the designation or an ugly MS-66 coin instead of a pretty MS-65 so that they can receive more points in their registry set.

 

What??!! That's never happens! C'mon!

 

Mark: Yes, I understood your point. I was just getting on my soapbox there for a minute. And you are lucky it was only a minute.

 

I bought it because it was $26 shipped

 

I can remember when common late date Mercs were $40 in MS65FB. Talking about deflation...sounds like a great deal.

 

jom