The point of quantizing larger models is to beat other models running on the same limited-VRAM platform, i.e. 16GB VRAM in your example. You're doing "well" compared to other models meant for running on 16GB VRAM; you're not doing "well" at all compared to those running higher precisions for the same params up to at least Q8. (16 bit and higher is where the gain from further precision gets real iffy.)
The point of quantizing larger models is to beat other models running on the same limited-VRAM platform, i.e. 16GB VRAM in your example. You're doing "well" compared to other models meant for running on 16GB VRAM; you're not doing "well" at all compared to those running higher precisions for the same params up to at least Q8. (16 bit and higher is where the gain from further precision gets real iffy.)