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Thinking Of Picking Up A '16d Merc...

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cheungsta's Avatar
United States
271 Posts
 Posted 08/09/2008  01:47 am Show Profile   Bookmark this topic Add cheungsta to your friends list Get a Link to this Message Number of Subscribers
So, on my local auction board there is a '16D Merc slabbed AG03 by PCI. How legit is PCI? I haven't had a chance to inspect it extremely closely (yet), and I will before making any final decisions, but I thought I'd ask all you more experienced collectors out there about PCI. Do I have to worry about the coins authenticity?
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Bryan1315's Avatar
United States
14454 Posts
 Posted 08/09/2008  02:31 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
PCI is legit, not ranked as a top tiered TPG but still pretty good at certain things (not sure about how good at Counterfeit Detection or added mint mark detection) but PCI was bought by David Lawrence and is now called Dominion Grading Service
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Metalman's Avatar
United States
7123 Posts
 Posted 08/09/2008  03:07 am  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Do a little research on the characteristics of the 16-D and take a good look at the coin .

The mint mark die was the same as the one used on the 14-D Lincoln Cent , the mint mark should be boxy and the inside triangular .

If you can get a good look at the top left serif if it has notching then the coin stands a good chance of being legit , there are two dies used that had repunched mint marks and this characteristic is hard to fake .

but with only two of the 4 reverse dies showing this repunch it is not always present to help with authentication .

take a good look at the 14-D mint mark and the 16-D of known authentic pieces and go take a good look at the coin .

If the mint mark is mostly worn off the coin which it may very well be on a coin that grades AG-3 then either pass or trust the TPG.

its a toss up .
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1sikevo's Avatar
United States
1130 Posts
 Posted 08/09/2008  1:10 pm  Show Profile   Bookmark this reply Add 1sikevo to your friends list Get a Link to this Reply
PCI is ok for authentication purposes, although their grading is not consistent. 16-D in AG3 is fairly plentiful(just look at ebay). Try to get a G or above if you can afford it.
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vermontensium's Avatar
United States
16677 Posts
 Posted 08/09/2008  8:30 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
PCI is legit. As mentioned before, there are better TPG's. I happen to like PCGS or NGC for the 16-D purchase. There are certain diagnostics that will be tell tale signs of a genuine coin. https://www.pcgs.com/articles/article1908.chtml . Check this out, it will show you a couple of altered 16-D's. Good luck!
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clembo's Avatar
United States
442 Posts
 Posted 08/09/2008  9:04 pm  Show Profile   Bookmark this reply Add clembo to your friends list Get a Link to this Reply
I never really had any problems with PCI.

Do get a good look at the coin though. Unless it is horribly worn or somehow damaged chances are it would cross over into an NGC or PCGS holder at the same grade.
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vermontensium's Avatar
United States
16677 Posts
 Posted 08/09/2008  9:41 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
. Welcome to the forum.
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clembo's Avatar
United States
442 Posts
 Posted 08/09/2008  11:48 pm  Show Profile   Bookmark this reply Add clembo to your friends list Get a Link to this Reply
Thanks Vermontensium.

Going to take me a while to figure out the forum but I will.

clembo

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bqcoins's Avatar
United States
167 Posts
 Posted 08/20/2008  7:53 pm  Show Profile   Bookmark this reply Add bqcoins to your friends list Get a Link to this Reply
A PCI AG03, hmmm you could probably manage it for around $500 to 600. Better to get a G for $1000.
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