Pricing AG-3 certified key dates?

Dahlonega

Bought an attractive set of circulated Barber quarters [G/VG except the 3 keys which appear to be AG-3's] from a dealer at a local coin show. Plan is to up upgrade the 3 keys and mount the set in old Whitman coin boards and frame them. Sent the keys to PCGS and they all graded AG-3 [Wanted to be certain they were real if I sold them]. What is a fair price for an AG-3 key coin? I don't find any price guides for this grade? Does the fact their in a PCGS holder increase the price at this grade level? Does this extrapolate to other keys such as a 16-D dime? Thanks for any help.

Barry

I generally think of AG3's at 1/2 of G-4. However, I just sold a set of Barber Qs minus they keys, and am contemplating selling the keys too. Go to Heritage's auction archives, and you'll see the last few 1901-S AG-3's sold for about $1800, which is the Trends price for a G-4. Graysheet is equally out in left field for this date.

I frequently use the Heritage archives for price history and find it to be a great resource. Too bad the other, major auction houses don't do similar.

braddick

They'll go for a bit more than the average AG because you do have them holdered. Also, if the reverse rim is worn into the lettering but the obverse rim is mostly intact, you'll do a bit better.

It may sound whacked, but on these expensive Key Dates there are PQ AG03 coins vs the low end AG03 (laugh away, but it's true).
I look for hard gray, smooth surfaces with no staining- a real pleasant look.

Most AG's don't share those qualities.

wayneherndon

I've not paid particular attention to Barber Quarter keys in AG3 but I have watched a few others, particular the 16-D Mercury. The ones I've watched appear to bring close to greysheet G4 money when respectably certified. The keys tend to sell on eBay for well above sheet anyway so that and the certification seems to often make up for the one point grade differential.

WH

UncleJoe

AG's used to bring about half the price of G but this past year I have noticed that AG keys have been bringing about 3/4's of G.

Joe.

Edit: Sheldon would be proud.

Joe.

Dahlonega

Thanks, I hesitated to post such a doofus question but, quite frankly I've learned a lot and will feel a lot more comfortable pricing these coins when I decide to sell/trade them.

jdimmick

It depends on which key-date. Also,

As Braddick states it depends on the quality and eye-appeal of the AG's

If the 01-s is nice with good eye-appeal and no problems, it will easily bring 1750.00+ in todays market. The demand for this date is intense.

The others safe to figure about half of good + or - .

However, Being PCGS certified and a nice higher end AG will bring a lot closer to g-4 money?

BillJones

Don't laugh by there are real PQ AG-3's. I just sold an 1877 Indian in NGC AG-3 that was very decent. The coin had perfect brown color, no porosity, no scratches and no spots. The rim was worn into the letters, but the date was sharp and everything was readable.

I normally don’t handle such coins, but this one so “PQ” I couldn’t resist, and neither could the dealer who bought it from me for a bit over $300. If I were building a low grade Indian set, I’d sooner own that piece than an ugly, black coin in Good.

Barry

I think this is an example of a PQ AG-3. The obverse is a solid G-4, but there's too much wear on the reverse for a Good. BTW, this coin is in an ANACS slab.