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1916-D Mercury Dime!

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New Member

United States
9 Posts
 Posted 02/24/2013  4:39 pm Show Profile   Bookmark this topic Add Jphillips224 to your friends list Get a Link to this Message Number of Subscribers
I have recently come across a 1916-D Mercury dime. I have no use for it but also am not sure how to put a value on it. It's graded by SEGS at VG-8. What do you think this coin is worth?

1916-D-Mercury-Dime!

1916-D-Mercury-Dime!

1916-D-Mercury-Dime!

1916-D-Mercury-Dime!
Edited by Jphillips224
02/25/2013 11:44 am
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/24/2013  4:48 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Welcome to Coin Community, Jphillips224. This one is a tough call. Although not considered to be "dishonest," SEGS doesn't enjoy quite the level of reputation in the collecting world as does PCGS, NGC and ANACS. For that reason, there might be some doubt about the coin's authenticity, given the lengths to which people have gone to fake them.

If it's an authentic, original-surfaces 1916-D and worthy of the VG-8 grade, you're looking at a coin worth over $1000. I would strongly consider switching it to another service's slab if you're planning on liquidating it, though.
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Voshus007's Avatar
United States
442 Posts
 Posted 02/24/2013  4:53 pm  Show Profile   Bookmark this reply Add Voshus007 to your friends list Get a Link to this Reply
Think your looking at a normal 1916 zack, might wanna check numismedia again. And I agree with superdave if your looking to sell it then I would put it in another slab probably PCGS
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bpoc1's Avatar
United States
4078 Posts
 Posted 02/24/2013  5:00 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
Jp, welcome. With your first post and not sure how long you been following
CCF, Coin Community Family. SsuperDdave is one of the best here to give you the correct advice. Good Luck in your adventure.
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United States
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 Posted 02/24/2013  5:05 pm  Show Profile   Bookmark this reply Add Jphillips224 to your friends list Get a Link to this Reply
Thank you for the welcomes! I'm new here just looking for info. Thank you for the replies thus far. If I wanted to go with a different company how would I go about doing that and how much does that usually cost?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/24/2013  5:26 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
If I wanted to go with a different company how would I go about doing that and how much does that usually cost?



I'm going to answer this based on the assumption that you're looking to liquidate.

In the marketplace, PCGS slabs bring the best prices for most issues, usually by a wide-enough margin to more than justify the extra expense of their service. In your case, that's easily rationalized. However, they are also the most expensive to utilize, especially if you're just looking to submit this one coin. They require a purchased membership, plus the cost of grading, shipping and insuring your coin.

However, many PCGS-affiliated dealers will be happy to submit your coin on consignment, usually for their cost plus a little consideration for their effort. That last number varies; I couldn't advise you as to what it might be. You can start here, to find a dealer in your area:

http://www.pcgs.com/dealers/

If you're willing to share your general location, we might have specific people we know and can recommend. This would be the process I think you'd want to use; I don't know if it's worth your while to become a PCGS member just for one coin.

Also, this one is worth liquidating through a formal auction house like Heritage, Stacks-Bowers, Teletrade or Great Collections. Another avenue of approach to getting your coin switched in the slab might be through them; in many cases they will submit on your behalf in return for your consigning the coin to their auction. They're better situated to put the coin in front of dedicated collectors than ebay, which would be far more chancy.
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United States
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 Posted 02/24/2013  7:15 pm  Show Profile   Bookmark this reply Add Jphillips224 to your friends list Get a Link to this Reply
Yes I would be looking to liquidate sorry for not being clear. You're posts have been both informative and very helpful. Ill more than likely go that route. If you do know anyone in Michigan that would also be very helpful
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vermontensium's Avatar
United States
16679 Posts
 Posted 02/24/2013  8:19 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

Quote:
I would strongly consider switching it to another service's slab if you're planning on liquidating it, though.



Could not agree more with SsuperDdave on this especially if going on ebay where you'd have to sell it as essentially raw in a SEGS holder.
Quite honestly, it appears cleaned by this photo. PCGS would be my choice on this coin.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/24/2013  8:39 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
The only recommendation I have for you is Pat Mullen at Mullen Coins, but it's a strong recommendation indeed. He's a highly respected member here at CCF and a numismatist of note in his own right. Only problem is, he's in Ada, a bit of a distance from you. I'll point him at this thread, and ask him for input.
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tomtom777's Avatar
United States
243 Posts
 Posted 02/25/2013  02:39 am  Show Profile   Bookmark this reply Add tomtom777 to your friends list Get a Link to this Reply
Can you post pics of the reverse?
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 Posted 02/25/2013  09:55 am  Show Profile   Bookmark this reply Add Jphillips224 to your friends list Get a Link to this Reply
SuperDave- that would be awesome thank you

Tomtom- new picture posted, unsure of what people look for on the back so I just got as close and as clear as my camera would let me
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Sweden
729 Posts
 Posted 02/25/2013  10:12 am  Show Profile   Bookmark this reply Add epikur to your friends list Get a Link to this Reply

Quote:
Tomtom- new picture posted, unsure of what people look for on the back so I just got as close and as clear as my camera would let me


People would be looking at the placement of the mint mark, a way to authentice it as a true 1916-D. Also, a die roatation, but not sure if you have the slab lined up exactly the same for both pictures...
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 Posted 02/25/2013  11:44 am  Show Profile   Bookmark this reply Add Jphillips224 to your friends list Get a Link to this Reply
New pics added
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RK55's Avatar
United States
2189 Posts
 Posted 02/25/2013  12:18 pm  Show Profile   Check RK55's eBay Listings Bookmark this reply Add RK55 to your friends list Get a Link to this Reply
Houston...., we have die rotation! Bingo!
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 Posted 02/25/2013  12:35 pm  Show Profile   Bookmark this reply Add Jphillips224 to your friends list Get a Link to this Reply
Rk55- Is this good?
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RK55's Avatar
United States
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 Posted 02/25/2013  1:29 pm  Show Profile   Check RK55's eBay Listings Bookmark this reply Add RK55 to your friends list Get a Link to this Reply
From what little I know, all genuine 1916-D Mercury dimes have a slightly rotated die. just another thing in your favor for it being genuine.
The 16-d's have a slight rotation of the reverse relative to the obverse. there were 4 different reverse dies used,but your mint mark looks like one I saw a ways back. rotated clockwise.maybe die #2?


Edited by RK55
02/25/2013 1:54 pm
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