| Author |
Replies: 19 / Views: 4,658 |
|
Bedrock of the Community
United States
11951 Posts |
I think someone did a thread on how coins come in cycles. Sometimes there is nothing to buy ... sometimes it is hard to choose what you want. I am in the where are all these coins coming from cycle. This coin was passed to a friend of mind .. to get to me and see if I want to buy it. I don't think I will have a chance to send it to a TPG, before I buy it. So if there is a chance that it is real I will have to buy at a price where it is worth the risk. I plan on taking it to a couple dealers first thing in the morning. And of course I want to ask CCF members for opinions. I took some quick pictures, because I still have a few errands to run. I see a couple white marks on the coin in the mint mark area. I don't see them on the coin, just in the pictures. I had four desk lamps on the coin .. maybe they are a reflection from the lights.   
|
|
|
|
Pillar of the Community
United States
602 Posts |
Start with the basics of coin weight, design, and metal check. If they are accurate, take it to several dealers and see their opinions.
|
|
Bedrock of the Community
United States
10982 Posts |
You are dealing with what is quite likely the most counterfeited (or added MM) coin in the world. It looks pretty good in the images but absolutely requires professional authentication.
If I were to make an offer as-is? $100 would be it.
|
|
Pillar of the Community
 United States
2362 Posts |
Given that the 16D is one of the most counterfeited coins and those two white marks are around the mint mark raises a red flag for me. If they aren't visible in hand but your lights made them appear in the photo... 
Member ANA and EAC "You got to lose to know how to win". Dream On by Aerosmith
Edited by cipster 09/25/2013 5:39 pm
|
|
Bedrock of the Community
 United States
11951 Posts |
Quote: You are dealing with what is quite likely the most counterfeited (or added MM) coin in the world I agree with you there BH. I read somewhere the NGC gets at least one fake/altered 1916 D dime in every week. And that they think there are maybe 500,000 sets out there, with a coin in the 1916 D hole. But what is the mintage 264,000 (or something like that) I have heard of dealers breaking 16 D's out of slabs to resubmit and them coming back fake, and the other way around. I have the PCGS Counterfeit Detection book. It talks about the mint mark should be square looking with the center hole triangle shaped. For me when these coins get worn it is hard to tell. I was hoping some of the Mercury dime experts would give a opinion, 1916 D is my last empty hole for my mercury set.
|
|
Pillar of the Community
United States
2936 Posts |
Given the fact that this Merc is a VG8-10 I would be absolutely certain before I purchased it or at least be guaranteed my money back if it doesn't pass the slab test. I'm holding a slabbed VG8 in hand and the one you picture is at least that good. The mint mark lines up but yours appears to be slightly larger. I don't have access to the different die pair info, but like everyone else has noted, this one and the LWC 14D are hugely counterfeited. PG
|
|
Pillar of the Community
1751 Posts |
Submit it for them, and if it comes back as legit, make an offer then. My first impression is that it's legit.
|
|
Pillar of the Community
United States
2311 Posts |
I think it's real.
The grade looks more like G-4.
|
|
Valued Member
United States
250 Posts |
It looks good to me also, does it have the slight die rotation which I think is a hallmark of the genuine coins? Not to say that couldn't be faked either, but you could rule it out if it didn't have it. I don't have it bookmarked but there is a website somewhere that had the known 4 (?) correct mint mark shapes and locations you could compare. Mine is an AG so not much detail like yours but my D looks similiar to yours. Good luck!
Edited by kevro22 09/25/2013 10:21 pm
|
|
Pillar of the Community
United States
5854 Posts |
The coin seems to be genuine. Looks like a G-6 though the details on the central design elements could be seen on a VG, I think the rim wearing into the tops of America may just hold it back a little. Definitely a good idea to have a TPG look at it.
|
|
Pillar of the Community
United States
8515 Posts |
Maybe MacMercury will stop in.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
|
|
Valued Member
United States
203 Posts |
From all of the pictures I've seen of these over the years, this one looks genuine to me. Wear looks correct and it does appear to be slightly rotated. Hoping MacMercury will stop in as I'm definitely not an expert on the series.
|
|
Pillar of the Community
United States
4415 Posts |
IMHO, it grades G-6. However, I'm not seeing the telltale triangle of a genuine 16-D. I agree that, if purchased, it should be done with the understanding that a TPG slabs it. The terms of sale should be written to avoid conflict, methinks. Another option would be to find a very knowledgeable dealer in your area and pay him a nominal fee for his opinion.
|
|
Bedrock of the Community
 United States
11951 Posts |
I stopped at two dealers tha morning, both of their opinions is that it is real. One stated everyone they have bought as real have come back from TPG's as real. They had real slabbed ones, and raw fake ones to compare it to. So I am going to go ahead and make a offer on it. Sometime in the future I will put Five coins together ans submit to NGC.
|
|
Bedrock of the Community
United States
20753 Posts |
Looks real to me too. However, it is amazing how many fakes have been made of that coin and how many have gone through a TPGS and come back as real then resumitted and called fake. It happened to a dealer I know. He too just can't tell anymore. Many dealers I know say there are many of those fakes in Albums everywhere and people just don't know.
|
|
New Member
United States
1 Posts |
No, I do not believe that it's authentic. 1. Both the top and bottom of the D are to be parallel. These are not. The bottom curves up. 2. The hole in the middle of the D is to be triangular shape. I don't think that this one is.
I hope I'm wrong. However, I would strongly suggest sending to ANACS or one of the other services before buying. It's quite simple to do. Also, if there is a coin show within a reasonable distance, they usually have on-site free opinions. IF they say yes, then give it to them to take back, authenticate, and return with a certificate. It will save you a lot of future problems. Thanks P.s. If you did have it authenticated, I would be anxious to know the outcome.
|
| |
Replies: 19 / Views: 4,658 |