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How Can A Circulated 1916-S Be Worth This Much?

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United States
50 Posts
 Posted 07/21/2017  3:08 pm Show Profile   Bookmark this topic Add Kfseadog to your friends list Get a Link to this Message Number of Subscribers
There's an ebay auction for what looks to be a circulated 1916-S Mercury dime right now that is currently over $300. How is this coin worth that much? It's clearly not a D mint mark. The only thing I can think is that the S mm seems to be misplaced. But even then, wouldn't it likely be a doctored mm and not authentic? Why are people bidding this up so high?



https://www.ebay.com/itm/253042267758

How-Can-A-Circulated-1916-S-Be-Worth-This-Much?
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paxbrit's Avatar
United States
992 Posts
 Posted 07/21/2017  3:17 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
Absent shilling activity, people are bidding because they want the coin.
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Mark1959's Avatar
7234 Posts
 Posted 07/21/2017  3:43 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply
It's mostly one guy bidding it up. Looks to be only a 13$ coin to me at the most.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/21/2017  4:51 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Sure is hard to figure.
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macmercury's Avatar
United States
5838 Posts
 Posted 07/21/2017  4:55 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
It's worth melt.
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moxking's Avatar
United States
17900 Posts
 Posted 07/21/2017  5:48 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
He doesn't know if it's a D or an S. Perfectly understandable.

Greedy collectors are always the easiest marks.
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 07/21/2017  8:12 pm  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
This listing is gone, and also being discussed here: http://goccf.com/t/292802
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