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NGC 1916-D Merc Dime, Guarenteed Low Population!

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johnny54321's Avatar
United States
4849 Posts
 Posted 04/17/2010  11:23 pm Show Profile   Bookmark this topic Add johnny54321 to your friends list Get a Link to this Message Number of Subscribers
I've never seen a Mercury dime get this low of a grade before, since usually in this grade, the mintmark is unrecognizable! This isn't mine, but I thought it was cool so I'm posting it

http://coins.ha.com/common/view_ite...o=8030#Photo
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Scooby Due's Avatar
United States
4000 Posts
 Posted 04/18/2010  01:08 am  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
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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wheatguy's Avatar
United States
1534 Posts
 Posted 04/18/2010  02:04 am  Show Profile   Bookmark this reply Add wheatguy to your friends list Get a Link to this Reply
It still is a several hundred dollar coin.
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Halfwitty's Avatar
United States
1523 Posts
 Posted 04/18/2010  02:20 am  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
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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Scooby Due's Avatar
United States
4000 Posts
 Posted 04/18/2010  02:33 am  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
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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johnny54321's Avatar
United States
4849 Posts
 Posted 04/18/2010  02:46 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
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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coinguybrian's Avatar
United States
5375 Posts
 Posted 04/18/2010  1:29 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
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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johnny54321's Avatar
United States
4849 Posts
 Posted 04/19/2010  11:32 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
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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steve199's Avatar
United States
1882 Posts
 Posted 04/19/2010  11:58 am  Show Profile   Bookmark this reply Add steve199 to your friends list Get a Link to this Reply
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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DNA's Avatar
United States
2734 Posts
 Posted 04/19/2010  10:57 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
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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Saruma's Avatar
United States
968 Posts
 Posted 04/20/2010  01:26 am  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
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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j_h_s's Avatar
United States
1934 Posts
 Posted 04/20/2010  01:37 am  Show Profile   Bookmark this reply Add j_h_s to your friends list Get a Link to this Reply
I agree with the perspectives of the supporters of slabbing a key date for authenticity and greatest possible resale value.

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bqcoins's Avatar
United States
167 Posts
 Posted 04/20/2010  11:35 am  Show Profile   Bookmark this reply Add bqcoins to your friends list Get a Link to this Reply
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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johnny54321's Avatar
United States
4849 Posts
 Posted 04/20/2010  11:38 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
Read it again. He said "about good". :-)
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jbuck's Avatar
United States
188052 Posts
 Posted 04/20/2010  11:58 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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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The return of Coincrazed's Avatar
United States
171 Posts
 Posted 04/20/2010  12:11 pm  Show Profile   Bookmark this reply Add The return of Coincrazed to your friends list Get a Link to this Reply
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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