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1916 D Mercury Dime(Huge Purchase -Help-)

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Chewyduck's Avatar
United States
158 Posts
 Posted 12/27/2011  5:22 pm Show Profile   Bookmark this topic Add Chewyduck to your friends list Get a Link to this Message Number of Subscribers
Hi all you wise men. I am trying to do a deal on my first big key and my biggest purchase yet. Do to budget I would want that coin to be a g-4. I made a counter offer and he came back with a grey sheet bid offer. (which I am not a member off) I think the coin is maybe ag, and am reluctant to buy without having it in hand. Also not graded is an issue. He doesn't seem like he sells all that many coins or is maybe a pawn broker. I have attached a link for the items. Please let me know what you think. I doubt I will do this deal, but your responses will certainly help me in the future. Thanks so much.

http://cgi.ebay.com/ws/eBayISAPI.dl...:RTQ:US:1123
Valued Member
United States
467 Posts
 Posted 12/27/2011  5:33 pm  Show Profile   Bookmark this reply Add oober to your friends list Get a Link to this Reply
I would only buy a certified 16d, there are a ton of fakes out there and my knowledge of these are not adequate to determine if authentic or not. GL though.
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macmercury's Avatar
United States
5823 Posts
 Posted 12/27/2011  5:42 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I can't tell if the MM is a S or D or just a blob, buy at the suggested certified by the 3 major grading services to avoid any mishaps.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 12/27/2011  6:04 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
No. Not even close. I have no opinion whatsoever of the seller - could be the most virtuous person alive - but you don't buy any of these three raw.

Don't know your specific budget, but here's one which (IMO) is at the upper end of the grade, offered by a seller I recommend unhesitatingly:

http://www.ebay.com/itm/1916-D-Merc...em35b7ad213d

Only the upper reverse is G4; the rest of the coin is G6-8. Price is near G6 level.
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acloco's Avatar
United States
3540 Posts
 Posted 12/27/2011  6:24 pm  Show Profile   Bookmark this reply Add acloco to your friends list Get a Link to this Reply
Run from this. There is NO REASON for this person to not have these graded and maximize their profit potential.

As others said....buy a graded example.
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upstate's Avatar
United States
3278 Posts
 Posted 12/27/2011  6:32 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
This is one coin you must know is legit.
Takes close examination by a professional.
Unfortunately you need to get a slabbed coin.
Probably why I don't have one.
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 12/27/2011  6:35 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
This is a listing to pass on. Already very risky to buy that key raw on top of pictures that you are not even sure of the mintmark.
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Chewyduck's Avatar
United States
158 Posts
 Posted 12/27/2011  6:42 pm  Show Profile   Bookmark this reply Add Chewyduck to your friends list Get a Link to this Reply
Thanks guys, I knew the answer just wanted some confirmation. I guess I'll save a few more months and get a graded example and maybe go for the g-6
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cipster's Avatar
United States
2362 Posts
 Posted 12/27/2011  6:44 pm  Show Profile   Bookmark this reply Add cipster to your friends list Get a Link to this Reply
Yes, red flag on this coin. Certain coins are frequent targets for frauds - 16d Mercs, 1922 no d lincolns, and many of the colonials and certainly others. I only would buy this coin after authentication by TPC.
Member ANA and EAC

"You got to lose to know how to win".
Dream On by Aerosmith
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nickelsearcher's Avatar
United States
15400 Posts
 Posted 12/27/2011  7:33 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
As suggested above ... Run away from this auction ... unless you are confident that in the 7-day return period you can authenticate the coin.

David

Take a look at my other hobby ... http://www.jk-dk.art
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vermontensium's Avatar
United States
16677 Posts
 Posted 12/27/2011  7:57 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I agree with everything said. RUN from this one. Only buy a certified PCGS,NGC, or ANACS example. This coin is perhaps one of the most counterfeited out there.
swcoin.ecrater.com
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Ricardocody's Avatar
United States
1204 Posts
 Posted 12/27/2011  8:00 pm  Show Profile   Bookmark this reply Add Ricardocody to your friends list Get a Link to this Reply
Try to sell these important key dates with bad quality pics ?
It smells very bad !
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Coinstar's Avatar
United States
1510 Posts
 Posted 12/27/2011  9:01 pm  Show Profile   Bookmark this reply Add Coinstar to your friends list Get a Link to this Reply
agreed X10
Retired USAF 1983-2003
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Lobby's Avatar
United States
548 Posts
 Posted 12/27/2011  9:18 pm  Show Profile   Bookmark this reply Add Lobby to your friends list Get a Link to this Reply

Quote:

No. Not even close. I have no opinion whatsoever of the seller - could be the most virtuous person alive - but you don't buy any of these three raw.

Don't know your specific budget, but here's one which (IMO) is at the upper end of the grade, offered by a seller I recommend unhesitatingly:

http://www.ebay.com/itm/1916-D-Merc...em35b7ad213d

Only the upper reverse is G4; the rest of the coin is G6-8. Price is near G6 level.


NGC was tough on that grade, huh? I suppose that's why graded coins are good to buy.
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brew_crew_011's Avatar
United States
56 Posts
 Posted 12/27/2011  9:29 pm  Show Profile   Bookmark this reply Add brew_crew_011 to your friends list Get a Link to this Reply
Lets just say for the sake of the argument they are authentic. The main reason I wouldn't buy them is the price is crazy high. The 16d is AG3, between $450-500. The other two can be had for under $100, so all together it's $550-600 worth of coins. Also, take your time and save money and get at least a G4, I have an AG3 and regret it.
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 12/27/2011  9:47 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
I agree with the points about the 16-d. This coin must only be purchased certified unless you really know what you are doing and have detailed pics. I would, however, be comfortable purchasing the other 2 raw with better pictures...but since the 16-d is the bulk of the value, don't even chance it.
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