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 Replies: 18 / Views: 2,829 |
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Pillar of the Community
United States
1541 Posts |
This is a coin I'm considering buying for my Mercury dime set. It's raw from a reputable dealer with a life time guarantee of the coin being real. Asking $875. I was told the scratch is on the holder and. It on the coin. I like the fact there's no distracting marks and it's even color. Please share your opinion. I prefer a raw coin so it can sit in the album.   Edited by shatsi
11/18/2015 8:24 pm
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Rest in Peace
United States
17900 Posts |
Regardless of how well I think I know 16-D's, I would never hazard a guess without much better details of the D.
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Bedrock of the Community
United States
36830 Posts |
I would not spend $875 on this coin without the dealer agreeing to sending it off to one of the TPG's for slabbing before you buy it. |
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Bedrock of the Community
United States
10982 Posts |
$875 is problem-free G-06+ money. For a raw coin!? No way Jose. G-06 the best that coin could grade anyway so why not get a PCGS G-06 and crack it out if you want a raw one?
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Pillar of the Community
United States
3210 Posts |
Obv G4 rev vg8 net g6. I would only buy a certified 16D. I saved my money and waited til a Ag3 PCGS example my friend had sold me it for $500
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Pillar of the Community
 United States
1541 Posts |
The thing is I don't get to go to lot of coin shows so the opportunity to hunt in a show is less. And the coins that I have seen on ebay although graded they didn't seem to have the eye appeal this coin has. It's been hard to find a coin that has this same color throughout the coin, most coins I've seen have spots or some sort of a distracting mark. I'm hoping to attend a show over the thanksgiving weekend so I can see what's available there. |
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New Member
United States
4 Posts |
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Pillar of the Community
United States
1541 Posts |
The dealer is Jack Beymer in California.
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New Member
United States
4 Posts |
Heres the thing. There is a lifetime gaurantee on the coin that its genuine. So I'm not worried about that. I'm worried about cleaning. If the coin was cleaned, then it sucks. If it wasnt, then its a good deal because this coin would ultimately grade a VG. I dont believe this coin is a G 06. The details are alot better then a G6.
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Pillar of the Community
United States
7625 Posts |
Always ask yourself "why is this coin still raw?". Nowadays, rare coins that are not slabbed are not in slabs for a reason. (10-20 years ago things were different and a lot of rare coins were still unslabbed). It's up to the buyer to try and figure it out why it isn't slabbed.
I believe the coin is genuine but it may not slab because of an old cleaning. The seller says he'll take it back if it's proved not genuine. Would he take it back if it's got other problems? That's the question I'd be asking.
Edited by westernsky
11/19/2015 11:32 am
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Valued Member
United States
305 Posts |
After doing a quick search on ebay , I wouldn't touch that coin as I don't believe it would grade any better then G6 .. ebay has plenty of nice examples that are slabbed by top TPG , therefore you wouldn't have to chance it being genuine , cleaned , scratched or whatever ! In just the few seconds I spent scanning ebay I noticed several coins around the same grade that are listed at a better price .. If it were me Id start adding them to my watch list as they came up for auction and in no time you will find a nice slabbed 16d , probably save a little cash also Here's a NGC coin listed as BIN and it's a tad cheaper than the one your considering .  |
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New Member
United States
4 Posts |
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Valued Member
United States
71 Posts |
The original dime is an interesting coin. The reverse is somewhat substantially better than the obverse. Comparing it to the PCGS photograde examples has the obverse at a G-4 because the wings and brow hair separation is almost worn together. The reverse on the other hand still has a well-defined rim and the grooves on the fasces are distinguishable at the top. The reverse is at least a VG-8, and maybe a VG-10. The coin probably nets out at a G-6 and is a nice coin. You can definitely find a TPG G-6 for that price, but it may take a bit of searching. I think it will really depend on how comfortable you are with the extra "risk" and how much you like the coin. |
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Pillar of the Community
United States
4337 Posts |
i'd jump on that NGC coin shown from the bay. That raw coin is not worth the $875 ask and does not have nearly the eye appeal of the NGC example. There are plenty of slabbed specimens out there in the $800 to $1000 range and if you're at $875, you can certainly dig for another $125 IF the right coin presents itself. Buy TPG, crack it out and put it in your album. |
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Bedrock of the Community
United States
36830 Posts |
shatsi, Jack Beymer has been a dealer for a long time. There is no doubt in my mind that if he thought this coin would PCGS as a problem free G-6 coin he would have gotten it slabbed already.
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Pillar of the Community
United States
1541 Posts |
ok so I decided not to proceed with this coin. Hopefully I'll be able to find a nice 16D at the show next week. My budget for this key is $1000. And I do want this universal appearance on the coin. I don't like coins that shows spots or dark toning. Which is why I would not buy that NGC example. And lot of the coins that I've seen are similar to the NGC example. And on the rare occasion that I do find a coin like this its way over priced. Its very hard find this with the appearance I like. But I do understand your point regarding the coin being raw. And as PP mentioned while the dealer guarantee the coin is genuine they might not stand by it if TPG services decides its a problem coin. This dealer also have a NGC G4 for $877 but doesn't have the appearance of this coin. I guess the search continues. Thank you for talking me down from making a mistake. |
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Replies: 18 / Views: 2,829 |
Posted 11/18/2015 8:35 pm
