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1916-D Merc Up For Auction

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Tim Stroud's Avatar
United States
2661 Posts
 Posted 06/04/2010  12:55 pm Show Profile   Bookmark this topic Add Tim Stroud to your friends list Get a Link to this Message Number of Subscribers
http://www.auctionzip.com/cgi-bin/s...68&itemid=18

For your viewing pleasure I have posted this lovely 1916D Mercury dime graded AG3........by somebody. Wonder if it is real.
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biokemist6's Avatar
United States
12437 Posts
 Posted 06/04/2010  1:17 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
That is a PCI slab
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johnny54321's Avatar
United States
4849 Posts
 Posted 06/04/2010  5:09 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
I can't really see much, but it's probably legit. There are literally dozens of PCGS ANACS and NGC certified AG-3 merc dimes on ebay at any given time, so you are probably better off buying one certified by a top tier TPG.
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vermontensium's Avatar
United States
16679 Posts
 Posted 06/04/2010  5:29 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
It's legit. PCI would not have slabbed a non-genuine coin.
Now SGS, well, you know the rest of the story.
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 06/04/2010  5:33 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
I don't think I have seen a PCI slab that looked that cheezy before. It looks like some of the basement slabs I see around my area.
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Kabiye_Lady's Avatar
United States
581 Posts
 Posted 06/04/2010  10:04 pm  Show Profile   Bookmark this reply Add Kabiye_Lady to your friends list Get a Link to this Reply
I agree that PCI can probably be counted on here.

PCI was relatively well respected in the bad old days!

The PCI slab says it's the real deal.

And for a coin in the FR2/AG3/G4 category, I'd be looking for authentication and worry about whether it gets a "1", "2", "3" or "4" once they've determined it's legit!
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ExoGuy's Avatar
United States
4416 Posts
 Posted 06/05/2010  12:13 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
I'll humbly chime in on PCI's credibility, but their slabs can be too easily opened and resealed as can most of the others. The SEGS slabs appear most impervious to such tampering, and they are brutally honest about any of the coin's perceived defects.

Some years ago, the president of a coin club I attended gave a talk on VAM Morgan varieties, mentioning in his talk that PCGS slabs could be opened and resealed. A dealer in attendance protested his claim, and a somewhat heated exchange ensued. The following month, the president, also a pastor, proudly exhibited a PCGS slab, labeled as a Morgan dollar, yet containing a Roosevelt dime. It was virtually impossible to detect just how he exchanged coins in that holder. Now, if a pastor can do that ... Also, consider that the slabbers can and do make mistaken attributions. I've seen a few, gross errors by PCGS in my travels. Moral? Buy the coin, not the slab.

Getting back to that PCI housed 1916-D dime, I'd want to be able to see the reverse and zoom in on that D mintmark before bidding. Personally, I'd prefer to buy such a coin from a reputable dealer at a show.
Valued Member
United States
254 Posts
 Posted 06/06/2010  12:56 pm  Show Profile   Bookmark this reply Add rkp to your friends list Get a Link to this Reply
If I were looking for a 1916-d Merc, I would definitely want to see the D on the back. Also, at current bid of $450 I would just pay an extra $100 and buy one slabbed by PCGS or NGC. I admittedly know nothing about PCI but for such a marginal increase I could have a 100% guarantee from the big two.
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United States
511 Posts
 Posted 06/06/2010  11:48 pm  Show Profile   Bookmark this reply Add 3stooges to your friends list Get a Link to this Reply
I'd stick with PCGS, NGC or ANACS on that date.
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aladinslamp's Avatar
United States
3076 Posts
 Posted 06/07/2010  12:48 am  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
look to the TPG section of CCF there is a great comment by CONDER I think, about the history of PCI.........it tells of the changes of the holder colors and when and it's relevance.....
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TreasHunt's Avatar
United States
2540 Posts
 Posted 06/08/2010  09:45 am  Show Profile   Bookmark this reply Add TreasHunt to your friends list Get a Link to this Reply
I would trust PCI for real coins, perhaps not their grades (on high grade pieces) but their slabs? Sure.
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