1916-D mercury dime

3rdeyebullet

Hello-

Just wanted to get peoples opinions regarding a 1916-d merc
I purchased awhile back it was certified by PCI G-4 and I recently
sent it in to PCGS it came back as a AG-3.I honestly didn't think it
had a chance to cross but I got so tired of looking at that PCI slab
and I don't plan on selling it so the money I lost doesn't matter
as much if I were trying to resell. I just wanted the true grade of
the coin.

Thanks

fcloud

Welcome to the boards!

Do you have a photo?

What do you collect? Are you a Merc head?

oreville

3rdeyebullet: Welcome aboard!

The 1916-D merc dime in any grade slabbed by PCGS or NGC (or even possibly by ICG) is one of the greatest coins in all of numismatics.

Aside from that, I am not sure what is your question?

3rdeyebullet

HI fcloud-

I collect alot of key dates,I just started collecting higher grade morgans.

fcloud

Do you collect raw, certified or both?

3rdeyebullet

Thanks guys for the welcoming

Well I guess my question is what would you rather have the PCI G-4
or the PCGS AG-3.I guess it would probally come down to if you wanted
to sell the coin what would have more marketability a higher grade PCI
or lower grade PCGS

Just making sure I did the right thing

Thanks

3rdeyebullet

actually right now fcloud I purchase certified key dates,but I will
definatley purchase raw if I'am working on a set.

oreville

3rdeyebullet: You did the right thing. You put the coin which is the bluest of blue chip coins from a suspect grading service into a blue chip grading service. Sounds like without the pics that the only reason the coin is not in G-4 is honest wear.

It is amazing to collectors such as ourselves how our predecessors allowed that coin to circulate so long!!

3rdeyebullet

well put oreville that's how I looked at the situation.

a2labmom

You asked which would we rather have, a PCI G4 or a PCGS AG3. Personally, I would prefer the PCGS AG3. My reason is that I have the utmost faith in the ability of PCGS to fairly grade Mercury Dimes. That and a 16D deserves better than a PCI slab.

a2labmom

BTW, welcome to the forums. Hope to see you posting lots.

stujoe

I would also have a wee bit more confidence in the authenticity if it was in a PCGS, NGC or ANACS slab.


(Can we still say 'wee'?)

wingedliberty

Welcome to the forum. Here's a full band welcome for ya.

I would rather have a PCGS or NGC AG3 16D anyday. You also have to consider that a legitimate service like PCGS or NGC will stand behind the guarantee of authenticity better than any axis of evil service.
The coin will also be far more liquid in the event that you want to upgrade in the future.
Please don't hesitate to ask future questions, for this is a great place. Enjoy the hobby.

fcloud

I agree with the crowd here it is easier to sell a PCGS 3 than a PCI 4. You would get the same amount of money for either. PCGS grades seem to be tougher than the other companies on Mercury Dimes.

Woodwind

Welcome aboard. Include me on the list of those who think you did the right thing. Depending on how far back you purchased it, it's probably worth more as an AG-3 today than a G-4 a few years ago anyway.

clw54

PCI G4 or PCGS AG3, it's still the same coin. The difference is that now it has been confirmed as having no problems.

XpipedreamR

You're better off with it in the PCGS holder.



Welcome!

ShaunZ

<< <i>Do you collect raw, certified or both? >>




1 Question, what are these anyways, raw and certified

rainbowroosie

You done good!!

jdimmick

The coin is still the same coin, but will be much more marketable in the PCGS Ag-3 holder than in the PCI for all the reasons stated above, and actually should bring as much money if not more if it were to be put up for sale.

good choice

Prometheus183

Welcome aboard!
As long as you're happy with the merc, then that's all that matters.

Craig

Conder101

<< <i>1 Question, what are these anyways, raw and certified >>


A certified coin is one that has been examined, graded, and holdered by a third party grading service. A raw coin is a coin that has not been certified by a service. Many people here on the forum (and in the general collecting community) will also consider a coin that has been certified by any third party service other than PCGS, NGC or ANACS to be a raw coin as well. This is because the general concensus is that none of the other services come up to the grading standards used by the three services mentioned.

mrearlygold

Why didn't you just buy a mint sewn bag from the mint? Didn't you see they are offering them from the original dies for a limited time at only 3 times face?

TP

richbeat

Welcome aboard!

Cam40

that little fact gets me too.
how could such a valuable coin get circulated down to such a low low grade.

i guess they werent deemed valuable until it was too late, or fairly recently.
and to think that no one would have known what moneys these would bring
in the future?
what coins are we spending to death now that are going to be little gold mines
years later i wonder.

1982 coinage? `82 Zincolns? Hope so cause i,m trying to stock up on some of those.
my ancestors are going to love me.
unfortunately it will be a post-mortem love for me.

au58

You make reference to "the money you lost"...
What money did you lose??

JrGMan2004

My opinion is... I want one... and don't have the money... anyone wanna have a giveaway for a 16-D in MS67FB?

mrearlygold

<< <i>My opinion is... I want one... and don't have the money... anyone wanna have a giveaway for a 16-D in MS67FB? >>



Sorry, can only offer you a 68FB. But since you only wanted a 67, then can't help ya

Rgrds
TP

hookooekoo

I would also have a wee bit more confidence in the authenticity if it was in a PCGS, NGC or ANACS slab.

This was my thoughts exactly.

The value of these coins change so dramatically between AG-3, G-4, VG-8, etc. that even if the coin is in a PCI holder, if it looks AG, you're only going to get AG money. Even a beginner grader can tell the difference between AG, G, and VG (assuming they have a picture reference book for grading coins, such as the ANA's book).

A picture would be nice, but I'm going to guess that what you have is a boarderline AG-3, G-4 coin (there isn't a grade of AG-3.5) and in the eyes of PCGS, the coin just didn't quite meet the minimum requirements of a G-4. So perhaps you have a high end AG-3, and if so, if and when you go to sell it, that fact will be seen when you get between AG-3 and G-4 money. Again, a picture would be nice, but I bet if you had tried to sell the coin in a PCI G-4 holder, you would have gotten well below the "going rate" of a PCGS G-4.

LAWMAN

Your 16-d, certified by PCGS, in any grade, is a wonderous coin. Cherish it. That is supposedly one of the most counterfeited coins around.

dorkkarl

either svc. could be as far off as the other.

K S