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 Replies: 12 / Views: 1,972 |
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Valued Member
United States
302 Posts |
I have a complete set of Mercury dimes...complete, that is, except for the 16d (I don't have the 42/41 or 41/42 but I'm not too worried about the varieties at this time). My Kennedy half roll-hunting has been successful and if it continues I may be in a position to purchase this coin in the future. I've made my mind up that I'm not going to purchase any coins (to speak of LOL) so I'm asking for opinions.....do I buy an AG pretty soon, wait about six more months and go for a G, or really wait a while and try to find a F? I'm going off numismedia's prices here, AG @ $1100, G @ $1800, and F @ $3000.....but the availability of a Fine might make it hard to even locate. So what do you guys think?   |
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Pillar of the Community
Canada
1267 Posts |
It kind of depends on the rest of your set and how it would fit in. Still, I've always believed to buy the best you can and it sounds like a G would be worth waiting the 6 months for.  |
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Pillar of the Community
United States
632 Posts |
How quickly is this coin appreciating though? Would you have to compensate for the possibility of a 16d being worth maybe $1900 dollars in six months?
Or is that type of fast appreciation just ludicrous? I really know very little about key dates.
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Rest in Peace
United States
4849 Posts |
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Pillar of the Community
United States
869 Posts |
Go with at least a G or you won't be happy later. Thanking that you should have bought the nicer one. With any lower quality the 1916 is the prize of your collection. I'm watching the one on e-bay going for $10,000.00 I cant belive it. I wish I had inharited it instead I got the 1917-s that I have now.
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Pillar of the Community
United States
581 Posts |
This is kind of a "whisper in your ear", but coin prices are going down. The market is cooling.
If you fish around on E-Bay, I've seen two different AG 1916-D's in ANACs slabs go for less than $600 in the past week. A G4 should be no problem for less than $800 (ANACs). PCGS and NGC aren't far behind. I'm not a slab expert, but when you're talking AG/G grades, I'm not sure how much a PCGS premium is worth since at those grades you're mainly wanting to verify that it's authentic and I think they all do a similar job at that.
I guess I'd say hold on and watch the market cool a bit more.
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Pillar of the Community
United States
1541 Posts |
I've been looking at the prices for 16D too. I don't see much difference in the details of the AG and G. But when I look at the price difference between AG and G I feel like AG is worth for the $$.
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Bedrock of the Community
United States
17884 Posts |
A search of closed auctions on ebay definitely shows that Numismedia'sprices are too high for this coin. AG's seem to be in the 500 - 600 dollar range and G in the 800 to 1000 dollars. Two words of advice. As a rule I hate the TPG's and everything they stand for, but they do do a good job at authentication and the 16-D dime is one of the most frequently counterfeited coins. If you don't KNOW the die diagnostics for the four reverse dies usd for this year then I would recommend only buying one certified by one of the top services. You will pay a little more, but it's better than buying a fake. Second make sure you know how to grade the Mercury dime before you buy your coin. The services almos always overgrade this coin by one to two grades. I have seen coins they grade as Fine that don't have full rims. Coins graded Good with the reverse rims worn halfway down into the letters all the way around. o learn the grading so when you look at the slabs you know what you are really looking at and not just what the label says. |
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Valued Member
United States
79 Posts |
If I were you I would wait for at least the good dime because it almost always looks better than an ag.
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Pillar of the Community
United States
1582 Posts |
I bought a 1916-D Mercury in an ANACS slab some time back - paid just a little over $500.00 for it. I seldom buy slabbed coins; however, this is a coin that sees alot of replication, and the slab from ANACS represented peace of mind for me. I did crack it out, put it in my album to complete my set, and taped the ANACS info to the inside front cover.
I would say that the values you posted from numismedia are a bit inflated, but, then, any listing you look at will have the coin valued at a far greater price than what you can actually acquire one for.
I stress the fact that with the 1916-D, it's probably wise to buy it slabbed by one of the major grading companies.
Ralph
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Valued Member
 United States
302 Posts |
I wouldn't consider buying this coin in the wild unless I knew the buyer and would let me return it. I knew the prices on numismedia were high but as a general rule those are the prices I use as I don't have access to greysheet or anything close (and they are FREE LOL)
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Pillar of the Community
United States
1582 Posts |
of-grampa - google up coin values, and you'll find scads of sites you can check out - some are free - some want your money, but either way, you'll have more choices than one.
Ralph
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Pillar of the Community
United States
615 Posts |
of-grampa The best guide for coin prices is ebay. It is like the stock market. You are seeing daily factors of supply and demand. I would factor in shipping to your prices though bc most buyers do. Then again for a key coin shipping doesn't effect cost as much it does the commons. -SWUSC |
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Replies: 12 / Views: 1,972 |
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Posted 07/14/2008 10:42 pm
