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 Replies: 26 / Views: 3,799 |
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Valued Member
United States
245 Posts |
Edited by Figman
12/18/2008 11:09 am
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Pillar of the Community
United States
4541 Posts |
it looks like it is authentic but dont take what I say to the bank
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Rest in Peace
United States
1729 Posts |
If it is, $600 would be a steal. Six more posts and you could get a bidding war going here!
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Pillar of the Community
United States
6384 Posts |
Well, it looks close. The grade is roughly G-6 (Good-06), with some obverse damage. The mintmark is about the right shape and is in the right location. The shape of the interior of the D is an important diagnostic but this D is worn flat. That could mean it's a genuine coin with lots of wear, or an added-D alteration where the clever forger deliberately selected a D with no interior opening.
Authentication is mandatory for this coin, unless the dealer is willing to fork over the $600 and you want to sell. That is probably a fair purchase price from a dealer who will probably expect to flip it for a quick $100+ profit.
If you want to keep it I strongly recommend investing $25 or so to have ANACS take a look. If it's a fake you lose the $25 but if they slab it as genuine you should be able to get $700 or more for it, pretty easily.
Nice find in Grandma's purse. I hope it's the real thing!
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Pillar of the Community
United States
764 Posts |
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Valued Member
United States
92 Posts |
IF this is a counterfeit, it's a good one. If it does turn out to be counterfeit however, it makes you wonder how much time and effort the counterfeiter put into it. Would it be worth the trouble?
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Valued Member
 United States
245 Posts |
Thanks It's been a year since the dealers offer, but I wasn't interested in selling. After the Holidays I will take this advice and send it to Anacs . My Grandparents put everything they collected out of circulation in coin purses. My great uncle who I also inherited coins from was the true collector who traveled and went to coin shows. |
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Valued Member
United States
245 Posts |
"IF this is a counterfeit, it's a good one. If it does turn out to be counterfeit however, it makes you wonder how much time and effort the counterfeiter put into it. Would it be worth the trouble?"
You would be surprised at the lengths people will go, just to stump and expert. Time and money have little to do with it.
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Pillar of the Community
United States
6384 Posts |
Ah, the appeal of the fast (and dishonest) buck! There is a significant dollar incentive for the 1916-D dime since you can take a G-4 Philadelphia coin worth maybe $1 and convert it to a $700 rarity by gluing on that little D. A lot of jerks are willing to take a shot at turning that profit. Hey, they're even putting D's on worn 1932 quarters. I bought such a coin for about $100 and learned it was fake when I sent it for grading. Fortunately my dealer replaced the coin but that was a case where the scammer put in the effort to make maybe $90 profit.  |
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Pillar of the Community
United States
1359 Posts |
Get it slabbed. Because if it is real ( which it looks pretty real!) Then its worth more in $1000 range rather then $600. People will pay this all day on ebay! With the dealer saying 50/50 chance its just saying hes giving himself a 50/50 chance of hoping you sell it for $600! Edited by Kloccwork419
12/18/2008 4:22 pm
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Valued Member
United States
245 Posts |
I think the dealer picked up pretty quick on I wasn't excited about selling, . The things that come out of my mouth when my pockets being picked can be quite alarming LOL.......
It's funny, they always pull that grey sheet out like it means something to me. I guess if it's in ink I'm supposed to believe it.
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Bedrock of the Community
United States
10982 Posts |
$600 wasn't a bad offer for a raw coin in this condition. I couldn't go above G-4 on that one.
If slabbed you could get $800-$900 out of it. It's worth slabbing for sure.
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Valued Member
United States
245 Posts |
I didn't mention the dealer wanted to take the coin with him to a coin show and see what others thought before he paid me.
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Moderator
 United States
16679 Posts |
I also agree with the G6 grade w/damage. The coin looks authentic. The MM has all the correct diagnostics for an authentic coin. The "D" at this grade level tends to fill in thus looking like a "blob" of metal. Great find!
swcoin.ecrater.com
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Pillar of the Community
United States
1083 Posts |
I have a 1916 Mercury that is more like AG-3. On the reverse you can just see what appears to be the top of a D mint mint mark. Anyone know if ANACS would be able to authenticate it with that much of the mint mark worn off? Your 1916-D looks authentic to me.
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Moderator
United States
16679 Posts |
Yes they would. I suggest sending it in. This coin should be authenticated and slabbed.  swcoin.ecrater.com
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Replies: 26 / Views: 3,799 |
Posted 12/18/2008 12:07 pm
