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Replies: 52 / Views: 4,171 |
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Rest in Peace
United States
9104 Posts |
Quote: It seems like kind of a waste to get it graded now, then crack it open, then have to send it back in if I want to sell the album (way in the future). I can always send it in later, it's not like the grade is going to get worse in the next 20 years. Thanks again everyone Will your dealer be there to honor his guarantee in 20 years?
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Valued Member
 United States
56 Posts |
Thats true about the dealer thing.... but no one has even come close to having any red flags about the coin, I dont care what the grade is right this second, the only concern is if its real. He didnt get the coin from a random customer, he got it from wherever he gets the most of his stuff.
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Pillar of the Community
United States
4132 Posts |
It's one of the most commonly counterfeited coins there is. It's worth getting checked by an expert, IMO.
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Bedrock of the Community
United States
10635 Posts |
Quote: As a kid, back in the 1960's, I recall seeing a vial of fifty mintmarks that a dealer was selling. I don't recall the price. The good news about him was that his shop got closed when he was busted for bookmaking. The shop was a front! The "good" news was his shop was closed? What was the bad news? He couldn't have been too bad of a coin dealer if he had a "vial of fifty (1916D?)mintmaks"? I love the coin... I'm very jealous! Les 
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Moderator
 United States
16679 Posts |
Send it to ANACS. Most cost efficient.
swcoin.ecrater.com
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Valued Member
 United States
56 Posts |
How much does it cost to send a coin in? I've never done it before so I wouldnt even know what to do. I really would want to put it in the album, something about that one empty slot kinda gets at me(maybe slight ocd). I would find it hard to take it out of the case and making the whole thing a waste of time and money...
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Pillar of the Community
United States
4418 Posts |
Quote: The "good" news was his shop was closed? What was the bad news? He couldn't have been too bad of a coin dealer if he had a "vial of fifty (1916D?)mintmaks"? Even as a kid, I felt that it was wrong to peddle this vial of mintmarks that would result in deceptive coins entering the marketplace. IMHO, that's the bad news ... Encouraging fraud. I recall that the majority, if not all of these mintmarks, D's and S's mixed, had been removed from Lincoln Cents. These could then presumably be used to alter Philadelphia Mint Lincolns, like 1909, 1914, 1931. Among my collection of altered and counterfeit coins reside some added mintmarks ... 1916-D Dime, 1893-S Dollar, 1909-S Indian. These can easily fool the average collector and many a dealer as the coins, themselves, are genuine. I have shown these to fellow collectors so as to encourage them to be wary and invest in the study guides that help serious collectors learn what to look for. It's important for collectors to comprehend that many of these altered and counterfeit coins have long resided in collections with the owner being ignorant of what they possessed.
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Valued Member
United States
450 Posts |
I would say nice AG3 as well... I would have it slabbed... If you ever want to resell it, it needs to be graded because your potential buyer will not care how much you trusted your dealer ...
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Rest in Peace
United States
5375 Posts |
Be careful to make sure its not bent, uneven wear on the rims can sometimes signify that.
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Rest in Peace
United States
9104 Posts |
That would indicate bent and reflattened. Bent coins rock.
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Valued Member
United States
315 Posts |
 I don't think you were being trying to be funny. If you were, it was very smooth delivery. The ..."bent coins rock" statement almost made my coffee go on the monitor.
Edited by GTALLEN 09/13/2011 3:53 pm
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Pillar of the Community
United States
4418 Posts |
Yes, bent coins could become the next numismatic frontier ... certification services could then gauge the degree of the bend. Coin dealerships could then rally to the cry of "Get Bent!"
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Valued Member
United States
315 Posts |
Consider the money you spend to get it graded as insurance. Even if you crack it out to put it in an album, you will have the "paperwork", grading pictures, the information about the coin will be on the website and the remains from the slab you could put in the back of your book or something. I am going to repeat a story I have been told. I will take liberties, add assorted fiction, and use other deceptions to make the story read better and sensationalize the entire fabrication. The story goes something like this: PGCS and NGC are set up in Madison Square Garden (substitute where up want it at) next to each other for largest East Coast Auction and show at the time. One TPG has a slab with a 1916 Liberty Dime in it from the other company. The coin is labeled Liberty Dime 1916 D AU Details. However, the D is not on the coin, it is loose, in the holder. Someone had glued, solder, or did something to pass the coin off as the real deal and it came loose. That is about how the story goes. I think there was a sign that said "don't make a $25000 mistake" All of this is pure fiction I hope and most likely it is. I don't know which did what, if anything, ever.That is about how I remember hearing the story. Is it true? Who knows. I doubt it. But, worse things have happened. "The 1916-D issue of only 264,000 coins is highly sought after, due largely to the fact that the overwhelming majority of the dimes struck at the Denver Mint in 1916 carried the per-existing Barber design. Thus, the 1916-D is worth up to thousands of dollars if it is in relatively fine condition. A considerable number of common 1916 Philadelphia mint dimes have been altered with a "D" added, so buyers should be careful to purchase only from reputable dealers or to accept only sealed and graded coins."I am trying to be humorous in this post...some will not find it humorous and some will.   If the D falls off or is loose, then I am sure it will not be humorous, at all, ever.
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Valued Member
 United States
56 Posts |
Well, I sent it to ANACS this afternoon, hope I filled all the paperwork out right. Hoping it's a real one graded G-4!(probably a AG-3 though)
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Rest in Peace
United States
9104 Posts |
Good luck! I've gotten G4 on one of a pair of AG3s. GT- There have been multiple reports of loose MM in a TPG case.
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Replies: 52 / Views: 4,171 |