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American Silver Eagle Proof PCGS Mercanti Signed?

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Brian34Jersey's Avatar
United States
234 Posts
 Posted 09/11/2012  4:16 pm Show Profile   Bookmark this topic Add Brian34Jersey to your friends list Get a Link to this Message Number of Subscribers
I saw these coins on ebay and they looked interesting. Do you think they would make a good 35 year investment. One thing I wonder how many coins did he actually sign? Are they all original signatures? What do you think?
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basebal21's Avatar
13014 Posts
 Posted 09/11/2012  5:03 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
They wont go up much more than any other ASE. Its a label that you can get from the TPGs for first strike coins. I'm sure its done by auto pen. In terms of what would happen in 35 years its anyones guess. If your only reason you would get it is for an investment I would probably pass. If you like ASEs though go for it
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cc99999's Avatar
United States
1302 Posts
 Posted 09/11/2012  8:53 pm  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
I've talked to John,

He has an exclusive contract with PCGS. My understanding is he is signing a range of coins, possibly all the ones he designed. As far as an investment? It's a cool novelty- but the value proposition depends on the collector.
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basebal21's Avatar
13014 Posts
 Posted 09/11/2012  9:35 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
CC did he mention if its auto penned or not? They all look pretty similar and either he has a very consistent signature or he gave them a signature and said they could use it
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United States
102 Posts
 Posted 09/11/2012  10:54 pm  Show Profile   Bookmark this reply Add LXShutter to your friends list Get a Link to this Reply

Quote:
They all look pretty similar and either he has a very consistent signature or he gave them a signature and said they could use it


They may look similar and may be auto-penned, but there are differences. Look at this set on ebay http://www.ebay.com/itm/310434298013. The two signatures are similar, but there are differences.

Personally, I don't put much value on these signatures. However, if you're going to collect slabbed ASE, It's pretty cool to have one with his signature, even if it's just a replica. It is certainly more relevant than some other signatures PCGS stamped on coins (Lance Armstrong, Jessica Lynch, etc.).
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 09/11/2012  11:34 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
It is not auto penned, these are his signatures. It may add a little value, but I cant imagine it would be a lot. I do intend on getting one at some point as it is kind of cool.
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basebal21's Avatar
13014 Posts
 Posted 09/12/2012  02:26 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Tip of the hat to Mercanti then, his sig is a lot more consistent then mine is. I have a couple eagles with his signature on them, got them for the same price too and I agree that having 1 at least is pretty cool. Anyone going to start a set of all the different mint director signatures theyve featured in the past lol
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United States
102 Posts
 Posted 09/12/2012  09:44 am  Show Profile   Bookmark this reply Add LXShutter to your friends list Get a Link to this Reply

Quote:
Tip of the hat to Mercanti then, his sig is a lot more consistent then mine is.

As an artist, he's probably more adept with a pen than most of us. That, and if you sign thousands of autographs, you start to get really good at it.


Quote:
Anyone going to start a set of all the different mint director signatures theyve featured in the past

Why would someone want autograph of a minor bureaucrat? I would have liked Elizabeth Jones signature on Washington half, but mint directors? Feh!
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clairhardesty's Avatar
United States
1027 Posts
 Posted 09/12/2012  11:57 am  Show Profile   Bookmark this reply Add clairhardesty to your friends list Get a Link to this Reply
The market value of the signatures in 35 years will almost certainly be nil. I agree that artist (engraver) sigs are kinda cool, just not worth any money. The Moy signed AtBs are probably worth less than unsigned ones. Of course, in 35 years, the slabs and grades themselves may be worthless, if technology allows an individual collector to identify, authenticate, and grade raw coins. By then, slabbed coins may be a novelty.
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joeysanders627's Avatar
United States
408 Posts
 Posted 09/13/2016  11:37 pm  Show Profile   Bookmark this reply Add joeysanders627 to your friends list Get a Link to this Reply
I spoke to my father about this. He was a big dude in the federal reserve before he retired. He has always been a very intelligent man when it came to money and bullion as an investment.

I told him about how much more a Mercanti signature can cost. He looked at the picture of one. He looked back up at me and stated, "It's not on the coin. What does it matter?" He basically said it is all about marketing something to make it more expensive than what it is. I have to agree.

Let's say his intials or signature was engraved into the coin somehow and released as a limited edition of around 100 to 1000 coins, that is something I would definitely try to get my hands on. As it stands now, it is just a signature on a slab with the same pure silver coin. That does not make the coin special. It certainly is not a limited edition coin.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 09/14/2016  07:51 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
I've talked to John,

He has an exclusive contract with PCGS.


He has had an exclusive contract with NGC since the end of 2015. Those PCGS 2016 labels were signed last year before he left PCGS. Most likely blank labels then printed over with the 30th Annie label. Sounds like a coin vault thing...

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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 09/14/2016  07:57 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Sorry...it wouldn't let me edit the previous post but:

Here's the NGC bullion version

https://www.moderncoinmart.com/2016...caAllA8P8HAQ

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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 09/14/2016  08:01 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Frustrating...dead link above please ignore and still can't preview or edit my posts...anyway here is another try at a NGC Mercanti 2016 ASE

http://www.ebay.com/itm/2016-1-Oz-A...AOSwJb9WsnPh
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