Hello everyone!! I am a new member here. But I replied to StrikeOutXXX's post regarding the 1919 Doubled Die Mercury Dime over on CoinTalk.
I just read through all 20 pages of this thread. I am utterly stunned that I had the incredible luck of finding the 4th example of this elusive creature. I was at a local coin show today and browsed the 30 or so dealer tables for a couple of hours, when I remembered to go check out the Mercury Dimes. So the first dealer I met had only 2 examples. I bought one of them, not because it was a doubled die, but because it had extreme shelf doubling in the date part of Liberty and on Liberty's cap. The second dealer I met with had an open binder of dimes. I opened it up went straight to the early Mercury section. He had 4 examples. The first was labeled G, the second, VG, the third, F and the last one as EF. I examined each one and on the last one, his highest graded one, I looked at it under my loupe and in my head I scream "Oh My God!!" I chatted with the dealer for a little bit and looked at a few other coins I was interested in. But in the end, I was only interested in the one dime. At the time I was not overly excited, as I had only recalled reading the article about keeping a look out for these 1919's. I had assumed that after looking at a total of 6 dimes that maybe this was fairly common. So I handed the dealer the 2x2 it was in and asked him how much he wanted. He gave me a price and I gladly opened my wallet and paid him. It wasn't until I got back home and started digging a little more on this variety that I realized how important this one might be. So I went and posted it on the CoinTalk thread and StrikeOutXXX contacted me via PM. And now here I am showing you my find. They are out there.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Three more pieces are in the pipeline at a major TPG. Watch the online Pop reports.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
<< <i>Three more pieces are in the pipeline at a major TPG. Watch the online Pop reports. >>
By major do you mean PCGS? >>
As reported just recently in this thread, PCGS is not attributing them yet because a PRINTED BOOK does not list them....so I am guessing it would be NGC or ANACS pops that you need to check. ANACS you can check for free but NGC you have to have a paid membership....if I recall correctly.
"If it's not fun, it's not worth it." - KeyMan64 Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
<< <i>Three more pieces are in the pipeline at a major TPG. Watch the online Pop reports. >>
By major do you mean PCGS? >>
Did I stutter?
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
<< <i>Three more pieces are in the pipeline at a major TPG. Watch the online Pop reports. >>
By major do you mean PCGS? >>
As reported just recently in this thread, PCGS is not attributing them yet because a PRINTED BOOK does not list them....so I am guessing it would be NGC or ANACS pops that you need to check. ANACS you can check for free but NGC you have to have a paid membership....if I recall correctly. >>
FYI - PCGS will attribute these. In an e-mail trail we have going on right now, one of the PCGS Attributers has stated they will, and has reached out to Bjorn on example #3 to correct the situation.
I suggested a post in this thread with the proper procedures to go about getting these done properly might go a long way, as I know there is much confusion out there on the matter.
Thanks Jeff, that's encouraging. I wonder how long it will take PCGS to add it to the Mercury Dime Complete Variety sets. I wonder why PCGS is the last TPG to the game though, letting ANACS and NGC lead. Relying on PRINTED BOOKS is such a 15th, 16th, 17th, 18th, 19th and 20th Century practice. In the 21st Century, books are nice but you can't really lead if you rely on books that are published once every several years.
"If it's not fun, it's not worth it." - KeyMan64 Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
I'm glad to hear PCGS will attribute these now. They are my preferred Grading Company followed by NGC. ANACS would be fine especially for this piece. I'm in a situation in that I have never sent any coins in to get certified, so I am unfamiliar about the process.
<< <i>Were those 3 examples confirmed as the same variety? Or were they sent to get confirmation? I'm just curious.
Thanks >>
They are the same DDO.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
<< <i>With 7 examples, it shouldn't be too long before we see one in a true auction, hopefully starting at $1. >>
I'm pretty sure 1 or more will be for sale sometime within the next month. I think initially you will see a high BIN, but a true auction would be fun for sure to see where it lands.
The 3 being graded either aren't from forum members (or they chose not to disclose they found them) but of the 7, with a little bit of behind the scenes knowledge, I suspect, you will see a range of grades from G-XF.
Knowing these will be in the next CPG, will likely be included in the Redbook, and will very likely be included in both Registries, what would you value them?
So let's say Dentuck makes a post saying they are doing the first editing of the next redbook, and wanted to know right now what values they should assign to this DDO in:
Good - Very Good - Fine - Very Fine - Extra Fine -
What do you think?
The known 7 will not go higher than XF right now, but feel free to put an initial value on AU/60/63/65/FB if so inclined.
Wow!! I'm getting excited now. I'd like to know a value as well. James Wiles has asked me to send him my example for documentation of the die state. I'd like to know how much I should insure the package for. I'm pretty certain I will send it Priority Mail Registered.
Sorry, I just had StrikeOutXXX notify me on another board that my profile on here was not enabled to receive PM's. It is now open to PM's if anyone had been trying to PM me.
Disclaimer: I'm not a dime guy, a researcher or anything else that has to do with discovery pieces. I've so enjoyed following this discovery and the ensuing hunt.
So....is it fair to go right to the CPG for pricing and rarity comparisons? 4th edition. Gotta' start somewhere.
If so, I look at the 1941 DDO. It says 4 to 8 known and has a moderate interest rating. Pretty strong doubling CPG prices are: $20 for XF40 $50 for AU50 $90 for MS63. Could these be the price guide prices as more are found?
I assume this 1919 won't be as popular as the 1942/1. But I also assume that the first pieces to hit the market will be high due to the freshness of it all.
Flame away.
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
<< <i>Wow!! I'm getting excited now. I'd like to know a value as well. James Wiles has asked me to send him my example for documentation of the die state. I'd like to know how much I should insure the package for. I'm pretty certain I will send it Priority Mail Registered. >>
Since there is no established value, the question is, if it gets lost in the Mail, how much money will make you happy?
Perhaps $3,000? The call is yours and yours alone.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
<< <i>Disclaimer: I'm not a dime guy, a researcher or anything else that has to do with discovery pieces. I've so enjoyed following this discovery and the ensuing hunt.
So....is it fair to go right to the CPG for pricing and rarity comparisons? 4th edition. Gotta' start somewhere.
If so, I look at the 1941 DDO. It says 4 to 8 known and has a moderate interest rating. Pretty strong doubling CPG prices are: $20 for XF40 $50 for AU50 $90 for MS63. Could these be the price guide prices as more are found?
I assume this 1919 won't be as popular as the 1942/1. But I also assume that the first pieces to hit the market will be high due to the freshness of it all.
Flame away. >>
The CPG Mercury Dime section is full of TONS AND TONS of errors. Since you bring up the 1941 DDO, when that book was published there were no known Mint State examples known at the time but yet they still said a MS65 example was valued at $145. Hard work paid off for me an January 2014 FUN when I cherrypicked an example in a 2x2. I sent it to our host and it graded MS65! It is the ONLY Mint State example known. I sold it via Great Collections and started the auction at $1. It sold fairly cheap at $1,750. The doubling is fairly dramatic, but not as dramatic as the 1919 and neither the 1919 or 1941 will be as popular as the 1942/1 or 1942/1-D just because overdates are way cooler! Here is the 1941 DDO that I sold. It also happens to be a pretty cool toner that I had to pay up for...$45!
"If it's not fun, it's not worth it." - KeyMan64 Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
I'm also not an expert on these varieties by any means, but I'd sure think Sparky's values are substantially lower than where the market will settle. When there were 3-4, I was thinking in the $400-$1000 range based upon condition. I'd currently drop that to the $200-750 range as we are up to 7 examples to date. An MS example would be a $1,000+ coin in my opinion.
More will certainly be found. But I don't personally see the populations going as high as the 42/1 or other major DDO's...but the interest should stay high as it's pretty pronounced doubling. I personally consider this DDO to be much more interesting than the 1941 DDO.
However, I could be (and probably am) completely wrong in either direction.
<< <i>I personally consider this DDO to be much more interesting than the 1941 DDO. >>
I agree with you on that point. It does rank above the 1941 DDO. Being 22 years older also helps a lot. Finding a Mint State example will be a major score since there just aren't a ton to search. I searched through thousands of 1941 dimes before finding a 1941 DDO. Same thing with DIMEMAN and fcloud although they ended up with AU58 examples. Searching thousands of Mint State 1919 coins will be impossible. Luck will be a major player whereas with the 1941, it was just a matter of time with a little luck spread in there for good measure.
A top pop Mint State 1919 DDO could hit mid-upper 4 figures or even hit 5 figures in a proper auction. I can't wait to see it happen one day.
As for the circulated examples, they will be much lower but you have to also consider DEMAND and Market Availability. Currently only a VG is available and the if the price is the same as what I was quoted...it's high in my opinion. Now with 7 examples known, the price for low circulated examples should be less than $1K easily.
But we still have to look at Market Availability! If only one is available......who knows?! It will be very interesting to see if PCGS adds the 1919 to the Mercs with Major Varieties Registry Set. This coin could shake things up in a big way and increase demand pretty big. It will be fun to watch!
"If it's not fun, it's not worth it." - KeyMan64 Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
I can understand the dime guys not wanting to stick their neck out on pricing. Rightly so. I just wanted to get the ball rolling and not being a dimer I can hide behind the ignorance shield.
I used my example to specifically aim low. Using the comments below my post I think we're starting to close in on better estimates.
I also know keyman64 has large issues with the CPG Merc section but it's handy off the shelf for me.
Does anyone really believe it will be in the standard Red Book? Don't have one here with me but I think there are only three Mercury varieties listed in it.
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
We have been told that it is being considered for the 2016 Red Book. I will believe it when I see it of course. The Mega Red has additional varieties mentioned but what is crazy is that it mentions the 1929-S DDO which is one of the least dramatic DDOs for the series when it should list the 1941 DDO instead...or a couple of dramatic RPMs....certainly not the 1929-S DDO...I had one in MS65FB top pop at one time.
Edit: Sparky, you are correct, the standard Red Book only lists the 1942/1, 1942/1-D and 1945-Micro S
"If it's not fun, it's not worth it." - KeyMan64 Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
The guy who found the VG example wanted $6500, but I cannot speak to whether or not he sold it for that. The figure seemed high to me, especially since the coin was heavily circulated. I predicted the first sale to be about 1/2 that amount.
Lurking and learning since 2010. Full-time professional numismatist based in SoCal.
<< <i>Does anyone really believe it will be in the standard Red Book? Don't have one here with me but I think there are only three Mercury varieties listed in it. >>
When dentuck was asked: "I am curious as to whether all the recent to-do about the 1919 Mercury Dime DDO will result in its appearance in future Red Books."
his reply was:
"Early indications are that it will."
That was back in March only a month after the story hit, and still only 2 known.
Behind the scenes, via e-mails, many of the industry's top numismatists and variety specialists are calling for it to be included as well. Most are calling it the 2nd best Mercury Doubled Die behind the 42/41 (Yes, those are Doubled Dies, technically not overdates) and certainly the biggest find in the series in quite some time. I think early hesitation was due to the quantity. When there were 2, it was potentially TOO scarce to be included, then 3-4, now 7 pop up. There are still dealers, collectors, etc with no idea these exist, it will take time for those in the know to go through available stock, plus the number hidden in private collections - I think enough will be found in the next year or two to make this a very viable variety. Not TOO scarce, but not overly abundant. Time will tell. I'm also going to guess that this will be a condition rarity as well, with most available stock XF and lower. I think if any MS examples show up, they are going to be crazy money.
Edit. I'm not historically a dime guy (I lucked into this find) although I'm starting to really like them 8-) So I don't know how the other Merc DDs are priced. I do know what others offered me, what others have offered some other owners, and have had a lot of talks with a lot of people. This is still MY OWN GUESS based on it becoming CPG/RB/Registry, and not too many being found with condition rarity.
G = $250 VG = $500 F = $750 VF = $1,000 XF = $2,500 AU = $5,000 MS = $7,000 63 = $15,000 65 = $50,000 67+ or FSB = 100k+
I could be way wrong, or somewhat close, but you put this in 2 registries with only 7 known, and Ego's will fly 8-)
It's very worthy of inclusion in the Red Book. Someone will have dropped the ball for sure if it isn't, and at this stage just a dashed line for values would suffice IMO.
That must have been quite a thrill, jtlee321, to find one of these.
<< <i>It's very worthy of inclusion in the Red Book. Someone will have dropped the ball for sure if it isn't, and at this stage just a dashed line for values would suffice IMO.
That must have been quite a thrill, jtlee321, to find one of these. >>
Just remember that the new edition had already been put to bed before this variety came out, so it cannot be included until next Spring.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
It was a lot of fun. But, at the time I found it, I literally only looked at a total of 6 dimes trying to find this variety. So when I did find it, I made the assumption that maybe it was more common than I thought. The real excitement kicked in when I got home and dug into it more. That I most certainly have the fever!!
My coin did get crossed and attributed by ANACS, on its way back to me yesterday. In the meantime, PCGS reached out to me and asked me to return the coin so they could attribute it. So as soon as I get it in the mail it will go back to get in the PCGS holder with correct attribution. Getting excited that more are being found. In my opinion this only raises prices. With only 3 known it was an oddity. With 7 it is about 8-15 finds away from becoming collectable.
Could you please post a picture of the ANACS holder before you send it back to PCGS?
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
<< <i>It's very worthy of inclusion in the Red Book. Someone will have dropped the ball for sure if it isn't, and at this stage just a dashed line for values would suffice IMO.
That must have been quite a thrill, jtlee321, to find one of these. >>
Just remember that the new edition had already been put to bed before this variety came out, so it cannot be included until next Spring. >>
By that time we should have some usable pricing info. And certainly more known. It's now moving from the "non-collectible" category into the "collectible" category, albeit an expensive collectible category. That's a GOOD thing! The latest LDS coin with a big die crack should insure that there's a pretty good number yet to be found.
<< <i>It was a lot of fun. But, at the time I found it, I literally only looked at a total of 6 dimes trying to find this variety. So when I did find it, I made the assumption that maybe it was more common than I thought. The real excitement kicked in when I got home and dug into it more. That I most certainly have the fever!! >>
<< <i>It's very worthy of inclusion in the Red Book. Someone will have dropped the ball for sure if it isn't, and at this stage just a dashed line for values would suffice IMO.
That must have been quite a thrill, jtlee321, to find one of these. >>
Just remember that the new edition had already been put to bed before this variety came out, so it cannot be included until next Spring. >>
By that time maybe we'll have a better handle on values. It's moved from a "non-collectible" status to a "collecible" status", albeit an expensive one. Looking at that late die state coin with the large die crack may indicate that there's a considerable number out there yet to be found.
Very cool!! I have examined around 15 specimens in the last couple of days. So far none. But I have a few more locations to check. My example will be off to James Wiles as soon as I am done showing it around to my coin club tomorrow at our monthly meeting.
"With only 3 known it was an oddity. With 7 it is about 8-15 finds away from becoming collectable."
Absolutely. And that last one discovered (the one with the die crack) showed some flow lines indicating it is from a later state of the dies which would bode well for the existence of additional pieces that may yet be found.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
I took it to my local coin club's monthly meeting earlier this evening. I showed the coin around and had printed the article from CoinWorld. Nobody had heard of it. A few thought it was pretty neat. So hopefully if and when it makes it way to the Redbook it will become more widely known and collectible. I have done a reshoot on my dime with much better lighting. I feel it shows off the coin in a truer fashion than the first did. The first round of photos I set up the lights in a haste to get it shot and posted. These photos now look a lot more like the actual coin in hand.
<< <i>I took it to my local coin club's monthly meeting earlier this evening. I showed the coin around and had printed the article from CoinWorld. Nobody had heard of it. >>
Almost 5 months and the word hasn't gotten out yet. How much more can/should the knowledgeable collecting community do?
<< <i>I took it to my local coin club's monthly meeting earlier this evening. I showed the coin around and had printed the article from CoinWorld. Nobody had heard of it. >>
Almost 5 months and the word hasn't gotten out yet. How much more can/should the knowledgeable collecting community do? >>
Red Book and CPG....just a waiting game at this point.
"If it's not fun, it's not worth it." - KeyMan64 Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
Comments
I just read through all 20 pages of this thread. I am utterly stunned that I had the incredible luck of finding the 4th example of this elusive creature. I was at a local coin show today and browsed the 30 or so dealer tables for a couple of hours, when I remembered to go check out the Mercury Dimes. So the first dealer I met had only 2 examples. I bought one of them, not because it was a doubled die, but because it had extreme shelf doubling in the date part of Liberty and on Liberty's cap. The second dealer I met with had an open binder of dimes. I opened it up went straight to the early Mercury section. He had 4 examples. The first was labeled G, the second, VG, the third, F and the last one as EF. I examined each one and on the last one, his highest graded one, I looked at it under my loupe and in my head I scream "Oh My God!!" I chatted with the dealer for a little bit and looked at a few other coins I was interested in. But in the end, I was only interested in the one dime. At the time I was not overly excited, as I had only recalled reading the article about keeping a look out for these 1919's. I had assumed that after looking at a total of 6 dimes that maybe this was fairly common. So I handed the dealer the 2x2 it was in and asked him how much he wanted. He gave me a price and I gladly opened my wallet and paid him. It wasn't until I got back home and started digging a little more on this variety that I realized how important this one might be. So I went and posted it on the CoinTalk thread and StrikeOutXXX contacted me via PM. And now here I am showing you my find. They are out there.
Congrats on your effort and welcome!
<< <i>Three more pieces are in the pipeline at a major TPG. Watch the online Pop reports. >>
By major do you mean PCGS?
<< <i>
<< <i>Three more pieces are in the pipeline at a major TPG. Watch the online Pop reports. >>
By major do you mean PCGS? >>
As reported just recently in this thread, PCGS is not attributing them yet because a PRINTED BOOK does not list them....so I am guessing it would be NGC or ANACS pops that you need to check. ANACS you can check for free but NGC you have to have a paid membership....if I recall correctly.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
<< <i>
<< <i>Three more pieces are in the pipeline at a major TPG. Watch the online Pop reports. >>
By major do you mean PCGS? >>
Did I stutter?
<< <i>
<< <i>
<< <i>Three more pieces are in the pipeline at a major TPG. Watch the online Pop reports. >>
By major do you mean PCGS? >>
As reported just recently in this thread, PCGS is not attributing them yet because a PRINTED BOOK does not list them....so I am guessing it would be NGC or ANACS pops that you need to check. ANACS you can check for free but NGC you have to have a paid membership....if I recall correctly. >>
FYI - PCGS will attribute these. In an e-mail trail we have going on right now, one of the PCGS Attributers has stated they will, and has reached out to Bjorn on example #3 to correct the situation.
I suggested a post in this thread with the proper procedures to go about getting these done properly might go a long way, as I know there is much confusion out there on the matter.
Jeff
"You Suck Award" - February, 2015
Discoverer of 1919 Mercury Dime DDO - FS-101
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
<< <i>
<< <i>
<< <i>Three more pieces are in the pipeline at a major TPG. Watch the online Pop reports. >>
By major do you mean PCGS? >>
Did I stutter? >>
Thanks
<< <i>Were those 3 examples confirmed as the same variety? Or were they sent to get confirmation? I'm just curious.
Thanks >>
They are the same DDO.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
<< <i>With 7 examples, it shouldn't be too long before we see one in a true auction, hopefully starting at $1. >>
I'm pretty sure 1 or more will be for sale sometime within the next month. I think initially you will see a high BIN, but a true auction would be fun for sure to see where it lands.
The 3 being graded either aren't from forum members (or they chose not to disclose they found them) but of the 7, with a little bit of behind the scenes knowledge, I suspect, you will see a range of grades from G-XF.
Knowing these will be in the next CPG, will likely be included in the Redbook, and will very likely be included in both Registries, what would you value them?
So let's say Dentuck makes a post saying they are doing the first editing of the next redbook, and wanted to know right now what values they should assign to this DDO in:
Good -
Very Good -
Fine -
Very Fine -
Extra Fine -
What do you think?
The known 7 will not go higher than XF right now, but feel free to put an initial value on AU/60/63/65/FB if so inclined.
"You Suck Award" - February, 2015
Discoverer of 1919 Mercury Dime DDO - FS-101
I'm not a dime guy, a researcher or anything else that has to do with discovery pieces.
I've so enjoyed following this discovery and the ensuing hunt.
So....is it fair to go right to the CPG for pricing and rarity comparisons? 4th edition.
Gotta' start somewhere.
If so, I look at the 1941 DDO. It says 4 to 8 known and has a moderate interest rating. Pretty strong doubling
CPG prices are:
$20 for XF40
$50 for AU50
$90 for MS63.
Could these be the price guide prices as more are found?
I assume this 1919 won't be as popular as the 1942/1.
But I also assume that the first pieces to hit the market will be high due to the freshness of it all.
Flame away.
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
My Washington Quarter Registry set...in progress
<< <i>Wow!! I'm getting excited now. I'd like to know a value as well. James Wiles has asked me to send him my example for documentation of the die state. I'd like to know how much I should insure the package for. I'm pretty certain I will send it Priority Mail Registered. >>
Since there is no established value, the question is, if it gets lost in the Mail, how much money will make you happy?
Perhaps $3,000? The call is yours and yours alone.
Too many positive BST transactions with too many members to list.
<< <i>Disclaimer:
I'm not a dime guy, a researcher or anything else that has to do with discovery pieces.
I've so enjoyed following this discovery and the ensuing hunt.
So....is it fair to go right to the CPG for pricing and rarity comparisons? 4th edition.
Gotta' start somewhere.
If so, I look at the 1941 DDO. It says 4 to 8 known and has a moderate interest rating. Pretty strong doubling
CPG prices are:
$20 for XF40
$50 for AU50
$90 for MS63.
Could these be the price guide prices as more are found?
I assume this 1919 won't be as popular as the 1942/1.
But I also assume that the first pieces to hit the market will be high due to the freshness of it all.
Flame away. >>
The CPG Mercury Dime section is full of TONS AND TONS of errors. Since you bring up the 1941 DDO, when that book was published there were no known Mint State examples known at the time but yet they still said a MS65 example was valued at $145. Hard work paid off for me an January 2014 FUN when I cherrypicked an example in a 2x2. I sent it to our host and it graded MS65! It is the ONLY Mint State example known. I sold it via Great Collections and started the auction at $1. It sold fairly cheap at $1,750. The doubling is fairly dramatic, but not as dramatic as the 1919 and neither the 1919 or 1941 will be as popular as the 1942/1 or 1942/1-D just because overdates are way cooler! Here is the 1941 DDO that I sold. It also happens to be a pretty cool toner that I had to pay up for...$45!
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
More will certainly be found. But I don't personally see the populations going as high as the 42/1 or other major DDO's...but the interest should stay high as it's pretty pronounced doubling. I personally consider this DDO to be much more interesting than the 1941 DDO.
However, I could be (and probably am) completely wrong in either direction.
<< <i>I personally consider this DDO to be much more interesting than the 1941 DDO. >>
I agree with you on that point. It does rank above the 1941 DDO. Being 22 years older also helps a lot.
Finding a Mint State example will be a major score since there just aren't a ton to search.
I searched through thousands of 1941 dimes before finding a 1941 DDO. Same thing with DIMEMAN and fcloud
although they ended up with AU58 examples. Searching thousands of Mint State 1919 coins will be
impossible. Luck will be a major player whereas with the 1941, it was just a matter of time with a little luck
spread in there for good measure.
A top pop Mint State 1919 DDO could hit mid-upper 4 figures or even hit 5 figures in a proper auction.
I can't wait to see it happen one day.
As for the circulated examples, they will be much lower but you have to also consider DEMAND and Market Availability.
Currently only a VG is available and the if the price is the same as what I was quoted...it's high in my opinion.
Now with 7 examples known, the price for low circulated examples should be less than $1K easily.
But we still have to look at Market Availability! If only one is available......who knows?!
It will be very interesting to see if PCGS adds the 1919 to the Mercs with Major Varieties Registry Set.
This coin could shake things up in a big way and increase demand pretty big. It will be fun to watch!
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
I just wanted to get the ball rolling and not being a dimer I can hide behind the ignorance shield.
I used my example to specifically aim low.
Using the comments below my post I think we're starting to close in on better estimates.
I also know keyman64 has large issues with the CPG Merc section but it's handy off the shelf for me.
Does anyone really believe it will be in the standard Red Book?
Don't have one here with me but I think there are only three Mercury varieties listed in it.
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
My Washington Quarter Registry set...in progress
The Mega Red has additional varieties mentioned but what is crazy is that it mentions the 1929-S DDO which
is one of the least dramatic DDOs for the series when it should list the 1941 DDO instead...or a couple
of dramatic RPMs....certainly not the 1929-S DDO...I had one in MS65FB top pop at one time.
Edit: Sparky, you are correct, the standard Red Book only lists the 1942/1, 1942/1-D and 1945-Micro S
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
<< <i>Does anyone really believe it will be in the standard Red Book?
Don't have one here with me but I think there are only three Mercury varieties listed in it. >>
When dentuck was asked: "I am curious as to whether all the recent to-do about the 1919 Mercury Dime DDO will result in its appearance in future Red Books."
his reply was:
"Early indications are that it will."
That was back in March only a month after the story hit, and still only 2 known.
Behind the scenes, via e-mails, many of the industry's top numismatists and variety specialists are calling for it to be included as well. Most are calling it the 2nd best Mercury Doubled Die behind the 42/41 (Yes, those are Doubled Dies, technically not overdates) and certainly the biggest find in the series in quite some time. I think early hesitation was due to the quantity. When there were 2, it was potentially TOO scarce to be included, then 3-4, now 7 pop up. There are still dealers, collectors, etc with no idea these exist, it will take time for those in the know to go through available stock, plus the number hidden in private collections - I think enough will be found in the next year or two to make this a very viable variety. Not TOO scarce, but not overly abundant. Time will tell. I'm also going to guess that this will be a condition rarity as well, with most available stock XF and lower. I think if any MS examples show up, they are going to be crazy money.
Edit. I'm not historically a dime guy (I lucked into this find) although I'm starting to really like them 8-) So I don't know how the other Merc DDs are priced. I do know what others offered me, what others have offered some other owners, and have had a lot of talks with a lot of people. This is still MY OWN GUESS based on it becoming CPG/RB/Registry, and not too many being found with condition rarity.
G = $250
VG = $500
F = $750
VF = $1,000
XF = $2,500
AU = $5,000
MS = $7,000
63 = $15,000
65 = $50,000
67+ or FSB = 100k+
I could be way wrong, or somewhat close, but you put this in 2 registries with only 7 known, and Ego's will fly 8-)
"You Suck Award" - February, 2015
Discoverer of 1919 Mercury Dime DDO - FS-101
I'll bow out now but will continue to follow.
Also wanted to add that this thread, from start to finish, is an example of this Forum at it's finest.
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
My Washington Quarter Registry set...in progress
That must have been quite a thrill, jtlee321, to find one of these.
<< <i>It's very worthy of inclusion in the Red Book. Someone will have dropped the ball for sure if it isn't, and at this stage just a dashed line for values would suffice IMO.
That must have been quite a thrill, jtlee321, to find one of these. >>
Just remember that the new edition had already been put to bed before this variety came out, so it cannot be included until next Spring.
Congrats to you! You have to be at the right time and place to find one.
Bjorn
KearneyCC
<< <i>
<< <i>It's very worthy of inclusion in the Red Book. Someone will have dropped the ball for sure if it isn't, and at this stage just a dashed line for values would suffice IMO.
That must have been quite a thrill, jtlee321, to find one of these. >>
Just remember that the new edition had already been put to bed before this variety came out, so it cannot be included until next Spring. >>
By that time we should have some usable pricing info. And certainly more known. It's now moving from the "non-collectible" category into the "collectible" category, albeit an expensive collectible category. That's a GOOD thing! The latest LDS coin with a big die crack should insure that there's a pretty good number yet to be found.
<< <i>It was a lot of fun. But, at the time I found it, I literally only looked at a total of 6 dimes trying to find this variety. So when I did find it, I made the assumption that maybe it was more common than I thought. The real excitement kicked in when I got home and dug into it more. That I most certainly have the fever!! >>
It's incurable, too.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
<< <i>
<< <i>It's very worthy of inclusion in the Red Book. Someone will have dropped the ball for sure if it isn't, and at this stage just a dashed line for values would suffice IMO.
That must have been quite a thrill, jtlee321, to find one of these. >>
Just remember that the new edition had already been put to bed before this variety came out, so it cannot be included until next Spring. >>
By that time maybe we'll have a better handle on values. It's moved from a "non-collectible" status to a "collecible" status", albeit an expensive one. Looking at that late die state coin with the large die crack may indicate that there's a considerable number out there yet to be found.
Absolutely. And that last one discovered (the one with the die crack) showed some flow lines indicating it is from a later state of the dies which would bode well for the existence of additional pieces that may yet be found.
<< <i>I took it to my local coin club's monthly meeting earlier this evening. I showed the coin around and had printed the article from CoinWorld. Nobody had heard of it. >>
Almost 5 months and the word hasn't gotten out yet. How much more can/should the knowledgeable collecting community do?
<< <i>
<< <i>I took it to my local coin club's monthly meeting earlier this evening. I showed the coin around and had printed the article from CoinWorld. Nobody had heard of it. >>
Almost 5 months and the word hasn't gotten out yet. How much more can/should the knowledgeable collecting community do? >>
Red Book and CPG....just a waiting game at this point.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.