Opinion requested: Compare value of sold 1918-D PCGS/CAC MS66+ to 1921 OGH PCGS/CAC MS66 walker.
The rarities in MS-66 are essentially identical. The qualities of the two coins are very similar.
1918-D has 3 in 66 1 in 66+ none finer. So 4 total in 66 and 66+ combined
1921-P has 4 in 66 0 in 66+ none finer. So 4 total in 66 and 66+ combined.
Both coins are pop one per CAC .
Both coins have none finer.either at PCGS or CAC .
1918-D is slightly scarcer per PCGS in MS-65 but more common per CAC than 1921.
1918-D is more common per both PCGS and CAC in MS-64.
The 1918-D is an MS-66+ whereas the 1921 is from the Jack Lee collection and is in an older OGH PCGS holder and has never been resubmitted to PCGS for an half grade upgrade.
At the very least the market values of both should be relatively equal?
I was astounded to observe how two registry collectors went to the boards to win the 1918-D walker at any cost to win the 1918-D resulting in a price realized of $340,750 as compared to a commonly accepted RETAIL price sheet value of $120,000.
The more famous 1921 walker has a retail price valuation of about half of the 1918-D walker.
Are we looking at a inefficient market comparative valuation compunded by the fascination of the 66+ grade even compared to the OGH PCGS label?
The 1921 walker is shown below (Note it received a CAC sticker AFTER this photo was taken):
The 1918-D walker is shown below:
both coins have a minor bag mark on or near Liberty leg and a very slight luster graze on the sun which should probably preclude both from MS-67 but not always anymore.
Both coin have awesome bright luster usually absent in earlier walkers. The Legend photo makes the coin seem darker than it really is.
Both coin exhibit equally strong strikes but the earlier 1918 walker date is more recognized for not being usually as well struck as 1921.
Really splitting hairs at this point.