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 Replies: 25 / Views: 3,306 |
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Moderator
 United States
23522 Posts |
Quote:
This coin is eventually going to leave your hands, whether you sell it or when you die. You need to have this slabbed to get full market value for it and you need to have this slabbed for whoever gets it after you die to get full market value for it. This. However, I'd get with a reputable dealer (who can submit on your behalf) and have it slabbed by PCGS in order to get "full market value." Like it or not, PCGS coins bring better money than the other TPG's. In a PCGS slab, this is a $500-750 coin. Outside a slab, you'll be hard-pressed to sell it at all. It's borderline between AG3 and G4. |
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Bedrock of the Community
United States
14454 Posts |
I agree, any 1916-D Mercury dime justifies grading no matter what condition they are in |
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Pillar of the Community
United States
4132 Posts |
After the 1909-S VDB, this is probably the most counterfeited US coin there is. It should be graded for authentication purposes.
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Pillar of the Community
 United States
2130 Posts |
Super Dave...What if I don't know a reputable dealer to submit it for me? The nearest coin shop to me is probably 50-60 miles or more. I would love to get this graded by PCGS, but I don't want to get a membership just to submit one coin. How much would the value of the coin decrease if I submitted it to ANACS?
Mitch Hailey...good point! I have been leaning toward getting this graded for a while now. I just have not known of the proper way of getting this done.
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Rest in Peace
United States
9104 Posts |
Based on the two I had slobbed my ANACS, you'll get AG3 or G4, and the retail between the two is surprisingly close, because most 16d out there are AG3 or G4.
Have ANACS slob it if you plan to sell it within two years, or if the peace of mind is worth the $30 or so to you. If you intend to take it to your grave as a family heirloom, then there's really no need.
In today's market, you have a $600-850 coin, once slobbed.
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Valued Member
United States
56 Posts |
Its hard to tell with the reverse picture if the d looks right, but I would get it slabbed to be sure. There is no chance it would get a G4 grade, there's way too much rim wear.
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Pillar of the Community
United States
4692 Posts |
One option would be to join the ANA. A basic membership is $26/year and you can submit coins directly to NGC without going through a dealer. A coin with this value is (in my opinion) definitely worth getting certified. |
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Valued Member
United States
470 Posts |
No brainer. Drive the 50 miles to get to a real/legit dealer who is able to submit to PCGS. Don't go the ANACs route. The payoff will be worth the effort. Don't be afraid to work hard for what you want, invest the time it takes to do it right. Don't take the easy way out and ANAC it.
Look one up in the phone book, call ahead to make sure he can do the deal and have at it ...I wouldnt go driving 50 miles without researching first.
Edited by Andrew289
02/13/2012 3:36 pm
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Bedrock of the Community
United States
20753 Posts |
It was a gift from your grandmother so you should really keep that coin. Not so much as a coin, but as momento of her. She thought enough of you to try to give you something she knew was valuable. Forget the slabbing stuff. just put it in an Album so you can complete a set or keep it as is. Don't think of it as a coin, but as a gift from someone that thought enough of you to give it to you. It didn't cost you anything so be happy with it as is.
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Pillar of the Community
United States
2130 Posts |
First off...thanks for all the different opinions. I enjoy reading what everybody has to say. Some people are for slabbing and some are against it. I certainly want to keep it for the sentimental reasons and I plan to keep it for my lifetime but as Mitchhailey said one day it will leave my hands. Another way I look at is my grandmother gave me this 1916d because she knew I would take care of it. She knew nothing about having coins professionally graded so I feel I will be taking a step in the right direction by getting it slabbed and preserved for the future. There is nobody in my family at this time that would think that this dime is nothing more than your average dime if I were to die and they stumbled across it. It should be an indicator if they stumbled across it after it is slabbed that this is more than an average Mercury dime. I hope to leave this coin to my little boy when he gets old enough one day when I am certain he will take care of it. I am going to do a little research and make a few phone calls tomorrow and find a reputable dealer to have this graded for me. |
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Replies: 25 / Views: 3,306 |
First Page
Posted 02/12/2012 1:45 pm
