Did I get a deal (1969-D 25c PCGS MS-67)? Updated pics...

ElmerFusterpuck

Just another modern to some of you, but I don't see this date too often in MS-67 condition. I managed to pick it up in the last Teletrade auction at below my max bid. PCGS price guide shows over $200 for the 1969-D in MS-67, but I'm not sure how accurate that is.

1969-D 25c PCGS MS-67

Bochiman

It looks nice, and, like you said, you don't see them often. I think you did fine.
Unlike some of the other series (dimes with FB, halves with FBL, copper with RB/BN/RD, etc etc etc), the quarter is what the quarter is.

SanctionII

Congrats on the pick up. Nice looking coin, though the TT picture has me wondering whether the hair adjacent to Washington's forehead and temple has been weakly struck. Can't tell due to the darkness of the picture in that area of the coin. Let us know how it looks in hand or better yet take your own picture and post it.

The only thing that would have made it an even better acquistion for you would have been having the slab be mislabelled. Instead of a 1969-D you should have had a 1969-P. A MS67 1969-P would be quite a nice coin.

ElmerFusterpuck

I'll take a pic after I get the coin, it seems nice in the TT photos. Too bad it isn't a 1969 instead of a 69-D! I've been looking for 60's and 70's dates at coin shows and have managed to find quite a few nice examples, including a 1965 example that could be an MS-67. All the 69's I've seen so far have been lousy and not worth getting. I figure the TT example will be a good addition for my collection

cladking

It's probably a good deal for the price.

It's a nice clean example and eye pleasing but the obverse die wear is a little
distracting. There's a little roughness on the cheek. This date comes very nice
and this is in at least the top .5%ile or so.

I would personally prefer a little better strike and a little more marking for the
grade. Grading purists would want your coin though.

SkyMan

Nice looking coin.

SUMORADA

Rotated Die....

Nice looking coin

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roadrunner

Don't forget to apply a standard 60%-65% to the retail prices listed in the price guide. That gets you down to $120-$130 which fits in the range given by AllCoinsRule.

roadrunner

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cladking

<< <i>The price guide overprices common coins that dealers often have in stock, and underprices the truly rare coins that rarely trade. Especially with respect to high grade clad coins it is impossible to apply a standard. The actual prices can be 20% to 500% of the guide. >>



This same thing applies to Krause and modern coin prices excepty the spread is
much wider. Some moderns are probably worth 5% of listed price but others
can be off by a factor 40.

They are trying to fix this now.

Part of the problem with all moderns is that the demand is quite small and the
supply can be much smaller. When the demand is finally reflected in the price it
can cause coins to appear. Generally what you see is what you get and moderns
have a tendency to be either rare or distressingly common.

The '69-D is common nice but not so common above MS-66.

roadrunner

The price guide overprices common coins that dealers often have in stock, and underprices the truly rare coins that rarely trade. Especially with respect to high grade clad coins it is impossible to apply a standard. The actual prices can be 20% to 500% of the guide.

Of course there is no perfect thumbrule that works 100% of the time for anything that is graded subjectively. For this particular coin and about 80-95% of what typically sells in the coin market, it works. To think that this price guide thumbrule doesn't work for the vast majority of typically seen U.S. coins is stretching reality in the opposite direction. Sellers like to dream that they have that 500% coin and dealers when buying dream about the 20%. More often than not, it works out to be around 60-65% of the retail price guide.

roadrunner

erwindoc

Congrats on the addition! I am enjoying the series and getting close to finishing it myself. You will be surprised by the population of some dates in MS67.

ElmerFusterpuck

Here is the TT coin now with my photos, think it shows the quarter in a better light. There is a very tiny tick in the right obverse field, exaggerated by the lighting, but overall the coin is very clean and slightly prooflike. Very happy with this purchase!

cladking

<< <i>Here is the TT coin now with my photos, think it shows the quarter in a better light. There is a very tiny tick in the right obverse field, exaggerated by the lighting, but overall the coin is very clean and slightly prooflike. Very happy with this purchase!
>>



I agree that your photo does look better.