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Replies: 52 / Views: 7,891 |
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Bedrock of the Community
United States
17884 Posts |
The label is simply the standard label used for detail graded coins. On detail graded coins the coin is guaranteed genuine only and the grade is not guaranteed. So just ignore that part of the label and what do you have? "1916-D 10C Not Encapsulated Altered mintmark"
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Moderator
 United States
16680 Posts |
Exactly. Forget the label...1916-D It's not. It's a 1916.
swcoin.ecrater.com
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Rest in Peace
United States
9104 Posts |
SOP or not, it's a stupid message to send. "Genuine 1916, altered mm" would make sense, even using that generic sticker. Or take two seconds to cut off the "guaranteed authentic" part.
I can see a coin like that at a flea market or farm auction with "guaranteed authentic by NGC".
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Bedrock of the Community
United States
17884 Posts |
Quote: I can see a coin like that at a flea market or farm auction with "guaranteed authentic by NGC".
Yep, that does happen. I've seen it done on ebay as well. PCGS used the letters MS on their bodybag labels to indicate that the coin was a business strike and not a proof, and I have seen PCGS bodybagged coins being sold on ebay with the claim that they were "Genuine Mint State coins certified by PCGS"
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Pillar of the Community
 United States
1304 Posts |
Mrs. Slick and I took a day trip and went to St. Louis a week ago. I took the 1916 dime with me and took it to Scotsman Coins, where a nice young man took one look at the coin and said it was a fake, which I was already sure of, and then explained to me how the mint mark was altered. I always thought there should have been some "marks" on the coin where they turned an "S" mint mark into a "D" mint mark, but he said the "D" was punched into the coin. Now my memory is not the greatest in the world and Mrs. Slick was to busy looking at jewelry to hear what he said, so can someone here please explain to me what he was talking about? 
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Bedrock of the Community
United States
14454 Posts |
I am not sure what he was talking about as I have never heard of one being punched into the coin and it being raised. I don't think he was correct in his findings on this. I will await what others say but I have never heard anyone ever describe anything like this and my mind just can't wrap around it until someone can explain how this could have happened this way
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Pillar of the Community
 United States
1304 Posts |
I am pretty sure thats what he said, because I remember him saying it was a "P" mintmark dime and then they would punch the "D" on it. Maybe he said the word punch and meant the way they put the "D" on the "P" dime. I don't know, I guess its not really important. 
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Pillar of the Community
United States
3184 Posts |
congrats on the ones that made the grade!
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Pillar of the Community
 United States
1304 Posts |
Thanks mkman123!! I was talking to Mrs. Slick the other day about what the guy said at Scotsmans and she thinks he used the word "pressed" instead of punched. Wish my memory was better. 
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Pillar of the Community
Canada
3692 Posts |
The way I interpreted "1916-D 10C Not Encapsulated Altered mintmark" was that the coin would have been a 1916-D, and then states the reason why it wasn't encapsulated. The "Guaranteed Authentic Only" part of it is a text they cannot change because it's on all of them. And since your coin is not encapsulated it is therefore not guaranteed authentic. What should have been done was to encapsulate it as 1916-S with details: altered mint-mark. Do people collect altered coins like that?
Edited by Libertad 06/24/2012 3:51 pm
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Pillar of the Community
 United States
1304 Posts |
Quote: Do people collect altered coins like that?
I asked the guy from Scotsmans the very same question and he said it was illegal to own it, I don't know if it is or not though.
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Pillar of the Community
United States
3184 Posts |
I've got some counterfeit coins that I keep as they are neat to stare at and educate oneself. Wornslick, you should happy about the two you graded as I want one of them! haha :) Keep it up and post more of your collection!
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Bedrock of the Community
United States
17884 Posts |
Quote: I asked the guy from Scotsmans the very same question and he said it was illegal to own it, He is wrong, which makes his statement about how it was altered questionable as well. The only way to punch or impress a raised mintmark on a coin is by embossing it from the inside as was done on some Buffalo nickels. Bu the thinness of a dime makes this highly unlikely. There are four ways to create a raised mintmark on a coin. You can glue or solder the mintmark on. You can alter an existing mintmark so that it resembles a different one. You can lower the fields around the "mintmark" and rework the existing metal to resemble the desired letter. You can mask off the coin and "grow" a mintmark using electroplating.
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Pillar of the Community
 United States
1304 Posts |
Thanks or the info Conder101, I wasn't sure whether what he told me about owning the coin being illegal or not, and the way my memory is getting I wish I had wrote down what he told me, but if he was wrong about owning a illegal coin he might have been wrong about how the altered mint mark was made. I have it soaking in Acetone now to see if the mint mark comes off. When I look at the coin with my 10X loupe I do not see any "marks" around the mint mark. I know I am beating a dead horse but just want to learn how someone did this.
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Pillar of the Community
 United States
1304 Posts |
Well the acetone soak didn't remove anything.
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Replies: 52 / Views: 7,891 |
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