Why is this 1916-D Mercury dime not selling (lists for a 1000$ in this grade)?

Matrix1980

1916-D Mercury Dime PCGS G04 on Ebay:

http://www.ebay.ca/itm/1916-D-Mercury-Dime-PCGS-G04-G4-Good-4-Low-Mintage-Key-Date-Ten-10-Cent-10c-/400302266798?pt=Coins_US_Individual&hash=item5d33dfd9ae

Is there some reason I do not see?

Justlooking

It has scratches in bad places on both the obverse and reverse, and a gouge in a bad place on the reverse.

Not all G4s are created equal.

illini420

1916-D Merc Dimes in PCGS G04 usually trade in the $700-$800 range from what I've seen. So no surprise that one isn't selling for the higher price. Also, you can usually get a decent PCGS G06 for under $900.

tightbudget

It's not a particularly attractive example (those scratches on the reverse are bad) and overpriced (they can be had for the in the 700s easy).

VanHalen

eBay Link

As others posters noted, it's a $700 coin to most people.

LindeDad

I'm kind of surprised it graded must of been done before they started the details or Genuine grading.

Catbert

matrix - I recommend that you slow way down until you gain more knowledge before you buy any expensive coins. That knowledge won't be gained in a thread or two either. Your apparent rush to acquire coins for investment purposes will lead to mistakes and will be expensive tuition eventually when you try to sell them again.

If you cannot resist, then line up some trusted dealers that have quality offerings and avoid ebay!

MsMorrisine

and I think it is the

"I'd find one that's not a dog for the same money"

situation.



parts of it remind me of coins I'd picked up from parking lots. woof woof

19Lyds

<< <i>I'm kind of surprised it graded must of been done before they started the details or Genuine grading.
>>

Actually, prior to "Details" or "Genuine" grading, coins got body bagged.

This particular coin, given the significance of its rarity, simply got graded regardless of those scratches which would have doomed a Roosevelt to a body bag or a genuine holder.

LindeDad

<< <i>

<< <i>I'm kind of surprised it graded must of been done before they started the details or Genuine grading.
>>

Actually, prior to "Details" or "Genuine" grading, coins got body bagged.

This particular coin, given the significance of its rarity, simply got graded regardless of those scratches which would have doomed a Roosevelt to a body bag or a genuine holder. >>



I was being nice.....

Matrix1980

Catbert:

Sound advice that is what I will be doing as of now. I only have 2 U.S coins in my collection the 1794 1/2 cent in PCGS VG-10 and my 1921 half dollar in PCGS F-12 the rest are Canadian coins. So I have not been just buying just anything...but need help like I get here to guide me for the future.