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Replies: 20 / Views: 3,416 |
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Rest in Peace
United States
4849 Posts |
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Pillar of the Community
United States
4000 Posts |
 That's crazy! Someone must be trying to slab every single grade, otherwise why would you pay to have that done?
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Pillar of the Community
United States
1534 Posts |
It still is a several hundred dollar coin.
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Pillar of the Community
United States
1523 Posts |
A couple hundred wheatie? I think not.I would'nt pay that money for that slab.There are still grabbers out there.I have seen the same babay for 45 bucks in shows.
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Pillar of the Community
United States
4000 Posts |
Guess I should study up on merc's before blurting out whatever comes to mind, huh? Still, I rolled when I seen PR 1 in print. Never seen that before. Struck me as funny.
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Rest in Peace
 United States
4849 Posts |
wheatguy is right imo, this will sell for a couple hundred easily. 1916-d FR-02 go for around $400. I also think people will bid on this for a lowball set, or simply because it is virtually impossible to find a 16-d in this low of a grade with an identifiable mintmark. :-)
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Rest in Peace
United States
5375 Posts |
I don't even agree with a PO-1 grade for the coin because most of the central design is intact. It seems TPG's love to give lower end AG/FR coins PO or FR just because theyre more worn.
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Rest in Peace
 United States
4849 Posts |
Yeah, I think they may have silently netted it for the deep hairlines; though I have noticed that NGC seems to be the strictest graders of this key.
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Pillar of the Community
United States
1882 Posts |
Like wheatguy said, worth a few hundred in the slab (current bidder would pay $253 with BP). And because of all the faked mint marks out there, harder to sell outside the slab.
Recent about good's ranging $550-$750. So will this one hit $400?
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Pillar of the Community
United States
2734 Posts |
A keydate is a keydate! The buyer can say that they have a genuine 1916-D Mercury dime. How many members reading this do not have a genuine 1916-D Merc? I wouldn't pay FR 2 money for it, but I'd pay $124 for sure! Due to that 'only two' NGC population, I could see someone forking over $400. And it does look like an FR 2 coin anyway, at least in those small pictures...
Edited by DNA 04/19/2010 10:59 pm
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Pillar of the Community
United States
968 Posts |
Coins like this will always have a market. If you don't have a lot of money but are working on a Mercury set you MUST have a 1916D. If you need that slot filled and are low on cash, bottom grade coins are ideal.
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Pillar of the Community
United States
1934 Posts |
I agree with the perspectives of the supporters of slabbing a key date for authenticity and greatest possible resale value.
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Valued Member
United States
167 Posts |
Goods going for $550-$750? That low side seems awfully low, I just sold my AG-3 ANACS graded for about $600. I haven't seen a G-4 below $700 for a while.
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Rest in Peace
 United States
4849 Posts |
Read it again. He said "about good". :-)
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Moderator
 United States
188052 Posts |
Quote:A keydate is a keydate! The buyer can say that they have a genuine 1916-D Mercury dime. How many members reading this do not have a genuine 1916-D Merc?  I do not have one. I do need one. I would gladly take that one. 
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Valued Member
United States
171 Posts |
That is Poor-1. This is why I love NGC. They don't grade crappy like PCGS. To under grade a coin is better than over grading a coin. Remember that. - coincrazed
Edited by The return of Coincrazed 04/20/2010 12:11 pm
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Replies: 20 / Views: 3,416 |