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16-D Deal - Good?

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madhandles761991's Avatar
United States
577 Posts
 Posted 07/22/2011  9:34 pm Show Profile   Bookmark this topic Add madhandles761991 to your friends list Get a Link to this Message Number of Subscribers
Hey hey hey! So I just got back from a new dealer today, and while I was there I spotted a great PCGS AG3 Mercury dime for sale for $775. I realized the price was pretty high, and after some negotiating he's offering it to me for $550. I've got the coin on hold until tomorrow and it's a beaut. I'm thinking this is a great deal, but maybe you all disagree? Please let me know what your opinions!

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rachums107's Avatar
United States
3345 Posts
 Posted 07/22/2011  10:30 pm  Show Profile   Bookmark this reply Add rachums107 to your friends list Get a Link to this Reply
Probably a good deal, but lets see what the others say
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paleoguy45's Avatar
United States
2936 Posts
 Posted 07/22/2011  10:32 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
That's about the going rate for a slabbed AG-3. If you like it - go for it I'm thinkin...
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Moe145's Avatar
United States
8904 Posts
 Posted 07/22/2011  10:58 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
IMO, AG-3 Mercury dimes are going for around $750. Your call, but it sounds like a reasonable deal to me.
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 07/22/2011  11:26 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
I just saw one go for $430 AG-3 in an NGC slab today on ebay. There was another one earlier for $430 that was really dark and ugly, probably AG details that was PCGS genuine not gradeable.
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johnny54321's Avatar
United States
4849 Posts
 Posted 07/23/2011  12:19 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
I would say that it depends on the coin. AG-3s range A LOT in detail difference between weak examples and strong ones. If more than half of the lettering around the reverse rim is visible, imho that qualifies as strong nearing G-4, and I would definitely go for it.
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madhandles761991's Avatar
United States
577 Posts
 Posted 07/23/2011  5:51 pm  Show Profile   Bookmark this reply Add madhandles761991 to your friends list Get a Link to this Reply
I went ahead and snagged it. It feels great to fill that hole!
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vermontensium's Avatar
United States
16677 Posts
 Posted 07/23/2011  6:04 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
I was just about to say what johnny54321 but he beat me to it :-)
I have seen some AG's that I have graded FR2 and half the mm is missing. If it's a strong true AG3, $550 is a good price. Lets see some pics!
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specksynder's Avatar
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1080 Posts
 Posted 07/23/2011  6:32 pm  Show Profile   Bookmark this reply Add specksynder to your friends list Get a Link to this Reply
post pics, but I say good deal!

Plus, trust your gut -- are you still excited about the buy, or are you all filled with buyers' remorse? You sound excited, so there you go! :)
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 07/23/2011  6:55 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
A decent deal at retail, but they rarely exceed $500 at Heritage. The sample size is large, too - conclusive - over 30 AG3 1916-D's have been sold this year alone on Heritage.

I strongly advise you and everyone else to look very closely at Heritage when contemplating a key, as opposed to retail.
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 07/23/2011  7:03 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
In spite of what I said above, I agree with the others that say "buy what you want." If you like the look of the coin, and it's genuine, that matters more than the "official" grade. It's not like you're trying to turn around and sell it tomorrow. There are nicer "AG-3" coins out there that look better than some lifeless "G" or "VG" coins.

The coin is worth how badly you want it. Also...

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smokeriderdon's Avatar
United States
3755 Posts
 Posted 07/23/2011  7:34 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
Unless its a really crappy 16D, definate good deal. AG lists at 700 on CoinWorld.
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madhandles761991's Avatar
United States
577 Posts
 Posted 07/23/2011  7:57 pm  Show Profile   Bookmark this reply Add madhandles761991 to your friends list Get a Link to this Reply
pics will be coming tonight! no buyers remorse haha I'm just excited to have that hole filled
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johnny54321's Avatar
United States
4849 Posts
 Posted 07/23/2011  9:44 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
I strongly advise you and everyone else to look very closely at Heritage when contemplating a key, as opposed to retail.


Great advice Dave! Heritage is my number 1 source, I couldn't agree more!
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daviscfad's Avatar
United States
4541 Posts
 Posted 07/24/2011  4:18 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
good deal on picking up a nice hole filler!
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upstate's Avatar
United States
3278 Posts
 Posted 07/24/2011  4:58 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
Always nice to hear of a Mercury collection getting finished with that famous key.
Congrats and looking forward to the pic
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