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1916-D NGC Merc....i Went Nuts

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Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 05/13/2010  8:15 pm Show Profile   Bookmark this topic Add johnny54321 to your friends list Get a Link to this Message Number of Subscribers
Just purchased:

http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWNX:IT

I'm going to have to make some sacrifices to pay this one off, but I've wanted a nice one for a while. I'm debating whether to sell my partial walking liberty set, or some gold...some of that might show up in the BST. I was considering buying a G-6 at one point, but multiple folks gave me the advice to wait and purchase at least a VG-8 examples since they start getting much more rare in that grade.

Anyways, looking back through Heritage auctions I havent seen a problem free VG merc go for under $1,300 and change. I'd been looking a while for this date, and this one is very solid for the grade, and undoubtedly original. My only concern is what appears to be a light scratch on the chin. I can return it if it is too distracting. The sellers pics are a little dark, so I turned the brightness up here.



1916-D-NGC-Merc....i-Went-Nuts

1916-D-NGC-Merc....i-Went-Nuts

1916-D-NGC-Merc....i-Went-Nuts
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Halfwitty's Avatar
United States
1523 Posts
 Posted 05/13/2010  8:22 pm  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
That really doesn't look like a scratch from here.It looks raised.
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nickelsearcher's Avatar
United States
15425 Posts
 Posted 05/13/2010  8:24 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
I say ..... a well executed purchase of a coin your desired.

Congratulations to you ...... seems to me you had the foresight and plan to wait for the 'right' coin ... and here she is.

I've seen the photos and believe the scratch is on the holder not the coin. ....... BTW .... that would be a legitimate question to ask a seller of a $1200 coin.

David

Take a look at my other hobby ... http://www.jk-dk.art
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afcop13's Avatar
United States
1409 Posts
 Posted 05/13/2010  8:40 pm  Show Profile   Bookmark this reply Add afcop13 to your friends list Get a Link to this Reply
Wow - that is a great price on a VG8 example of this rarity. To me, this is a wise purchase, and selling off Walkers to pull it is an easy choice, as you can replace Walkers 100x faster than finding another VG8 16D that you like at this price.

Heck - our favority lot sellers on ebay can help fill the Walker collection.........quickly.
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delaner's Avatar
United States
870 Posts
 Posted 05/13/2010  9:07 pm  Show Profile   Bookmark this reply Add delaner to your friends list Get a Link to this Reply
nice one, johnny!
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JimR's Avatar
United States
1490 Posts
 Posted 05/13/2010  9:21 pm  Show Profile   Bookmark this reply Add JimR to your friends list Get a Link to this Reply
Yes sir. Your a few steps ahead of me. At some point in the future I plan to upgrade my G-4 to a VG example.

Nice coin!
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SDcoinguy's Avatar
United States
2424 Posts
 Posted 05/13/2010  10:19 pm  Show Profile   Bookmark this reply Add SDcoinguy to your friends list Get a Link to this Reply
the MM looks suspect to me.. but its certified.. so who cares!
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macmercury's Avatar
United States
5829 Posts
 Posted 05/13/2010  10:28 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply

I need to get me one of these!
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Moe145's Avatar
United States
8904 Posts
 Posted 05/13/2010  10:38 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
What a beauty!! I am overjoyed for you!

Mr. Johnny! You are the man!! NICE!!

Congratulations!! THIS is a good buy!!

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Scooby Due's Avatar
United States
4000 Posts
 Posted 05/13/2010  11:29 pm  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
She's purdy!
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vermontensium's Avatar
United States
16679 Posts
 Posted 05/13/2010  11:43 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
Yeah, I want to upgrade my AG3 some day, for now, I like it! That's a great looking coin and accurately graded. Congratulations!
That little scratch is not considered damage and is taken into account for the VG8 grade.
swcoin.ecrater.com
Edited by vermontensium
05/13/2010 11:47 pm
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steve199's Avatar
United States
1882 Posts
 Posted 05/13/2010  11:59 pm  Show Profile   Bookmark this reply Add steve199 to your friends list Get a Link to this Reply

Quote:
the MM looks suspect to me.. but its certified.. so who cares!


Maybe you were joking? It sure would matter to me if it was a fake MM.

Oh, and if it were determined to be non-genuine, while still in the holder...and if the holder is legit...NGC would be on the hook for the coin's value.
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steve199's Avatar
United States
1882 Posts
 Posted 05/14/2010  12:01 am  Show Profile   Bookmark this reply Add steve199 to your friends list Get a Link to this Reply
Johnny, that is a great purchase...well worth going up the step in grade. I can't say I agree with the decision to get rid of any Walkers. Do you any children you can put to work?

And the big question. You gonna crack it out and put in in your Dansco?

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BH1964's Avatar
United States
10982 Posts
 Posted 05/14/2010  12:30 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
That looks like an excellent buy! The reverse is very strong for a VG and almost looks F12. The obverse carried the grade but it could still go VG10 overall.

With Greysheet Bid/Ask at $1225/$1325 in Very Good, this was one piece well worth splurging on!

ANA #R3154474
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cwb1877's Avatar
United States
1659 Posts
 Posted 05/14/2010  12:40 am  Show Profile   Bookmark this reply Add cwb1877 to your friends list Get a Link to this Reply
Wow, great buy!


Quote:
I'm debating whether to sell my partial walking liberty set, or some gold..


I think I would, especially if you are talking about common stuff. I'd probably spare any key dates and sell the common stuff. Common date gold and Walkers are easy to replace.

Again, great buy!
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 05/14/2010  12:56 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
thank you all for your comments!


Quote:
the MM looks suspect to me.. but its certified.. so who cares!


Really? umm, I would care! Please do tell why you think it is suspect? It looks like the correct cresent moon shape in the right place to me.


Quote:
And the big question. You gonna crack it out and put in in your Dansco?


Nope, this is one of the few coins that won't be cracked. It will be velcroed to the inside front cover like my anacs svdb.


Quote:
Johnny, that is a great purchase...well worth going up the step in grade. I can't say I agree with the decision to get rid of any Walkers. Do you any children you can put to work?


haha...nah. The problem is that I like practically all of my collection, and the walkers have probably been getting the least amount of attention. I will probably put them on the BST before ebay to see if anyone is interested. I think I am missing 7 or 8 of the complete set. I have some proof gold that I may part with...I could take advantage of this run up in precious metal... Actually, I think the run up in precious metal is why some of the other numismatic coins are suffering a bit.


Quote:
The reverse is very strong for a VG and almost looks F12. The obverse carried the grade but it could still go VG10 overall.


That is exactly what I was thinking too! This is a coin that I have been studying for a long time in lower grades, and even in the VG range a lot of them seem to have a relatively weak reverse. Many even still have some rim weakness. This one has very strong and full rims, and quite a bit of detail in the fasces for the grade. The obverse looks pretty much like a standard VG-8. Although I am definitely one to buy the "coin" and not the slab, I do think that NGC on average is stricter than PCGS with this particular coin, so I tend to give them more attention here.
Edited by johnny54321
05/14/2010 02:35 am
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