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1922 “Weak D” 64RD

MrEurekaMrEureka Posts: 23,949 ✭✭✭✭✭

Everyone makes mistakes, so no need to start bashing. But there’s another lesson here. Ultimately, the buyer paid a big premium for a 22-D cent because the mintmark was just a little weak. If it weren’t for the price guides and registry sets, would anyone ever consider paying a premium for that little bit of weakness? Shouldn’t the coin bring a discount, not a premium? The lesson is to always consider what you think a coin should be worth, not just what the market tells you it’s worth.

Andy Lustig

Doggedly collecting coins of the Central American Republic.

Visit the Society of US Pattern Collectors at USPatterns.com.

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    rec78rec78 Posts: 5,691 ✭✭✭✭✭

    Wow! That's not that weak a "D". I have a few of those myself, but much lower grade. Some people have a lot of money to burn.

    image
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    MrEurekaMrEureka Posts: 23,949 ✭✭✭✭✭
    edited November 7, 2023 9:35AM

    @CaptHenway said:
    This is a middle die state of a known and recognized (in a much later die state) 1922-D variety, but it is not that rare in this die state.

    Yes, of course.

    It’s worth explaining that the late state version is worth a big premium because an imperceptible mintmark makes the coin look like it was struck at a mint that didn’t strike cents in 22, which is cool. A clearly visible but weak mintmark lacks that coolness factor, so should logically be valued differently. Doesn’t really matter what we call any of them.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    davewesendavewesen Posts: 5,868 ✭✭✭✭✭

    when did PCGS stop designating No D weak reverse and start calling all weak reverses Weak D even if not visible?

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    MarkKelleyMarkKelley Posts: 1,766 ✭✭✭✭✭

    That's an awful looking coin. I'd hate to tell anyone that I paid $7200 for it.

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    telephoto1telephoto1 Posts: 4,752 ✭✭✭✭✭

    @MarkKelley said:
    That's an awful looking coin. I'd hate to tell anyone that I paid $7200 for it.

    +1. And I would certainly like to think that those spots grew on there after the encapsulation and the bean.


    RIP Mom- 1932-2012
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    Steven59Steven59 Posts: 8,294 ✭✭✭✭✭

    Looks a bit more like circulation damage than a "weak" D

    "When they can't find anything wrong with you, they create it!"

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    RichieURichRichieURich Posts: 8,372 ✭✭✭✭✭

    I was watching the auction and I thought exactly the same thing as the OP.

    An authorized PCGS dealer, and a contributor to the Red Book.

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    BuffaloIronTailBuffaloIronTail Posts: 7,413 ✭✭✭✭✭

    What are people seeing in the coin to justify a $7200.00 price?

    I don't get it .

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
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    CaptHenwayCaptHenway Posts: 31,566 ✭✭✭✭✭
    edited November 8, 2023 11:37AM
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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    CaptHenwayCaptHenway Posts: 31,566 ✭✭✭✭✭
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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    CaptHenwayCaptHenway Posts: 31,566 ✭✭✭✭✭

    And no, I do not understand any of these prices.

    TD

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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    nwcoastnwcoast Posts: 2,845 ✭✭✭✭✭

    Well, on the bright side of it, the seller’s gotta be happy.

    Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014

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