2016 Gold Mercs First day issued PCGS 70 slabs

Coin Finder

These are going for $550 each with only 250 made. Are they worth it?



Your opinion...

messydesk

Not to me.

Goldminers

First day, is even more ridiculous than first strike, which is not even really first struck, it is just that it sold in the first month. Why would anyone pay extra for first sold and a new paper label? I might pay $200 for one, but I don't even like the idea of supporting these scams.

ShadyDave

No way I'd every buy one of those abominations, never mind the gimmicky MS-70 First Day labels (and I'm an avid REAL mercury dime collector). I predict we will see them for melt + 10% in a few years...

TwoSides2aCoin

Rather pick lower hanging fruit. Thanks.

MFH

Rumor has it that Dimeman is cornering the market on them.

derryb

Only if you collect labels and you believe there will be even more label collectors in the future.

Rarity

I bought PCGS green label FS SP69 for $238 and I'm very happy about it.

cmerlo1

For me, that seems like a lot to pay for a fancy piece of paper inside a piece of plastic containing a coin I could get cheaper without the fancy piece of paper.

steveben

Originally posted by: derryb

Only if you collect labels and you believe there will be even more label collectors in the future.

if you collect pcgs holdered coins, then you are doing this.

derryb

Originally posted by: steveben

Originally posted by: derryb
Only if you collect labels and you believe there will be even more label collectors in the future.

if you collect pcgs holdered coins, then you are doing this.

Guilty as charged. I buy their professional opinion on the quality of the coin. I refuse to pay extra for their variety of labels for that coin.

wondercoin

My (biased) opinion...

The David Hall signed (hand signed inserts by DH) with roughly a similar "pop" should be just as desirable since a "ton" of the coins shipped out First Day as well. They trade at about $325.

Just my two cents.

Wondercoin.

ricko

My opinion - and yes, just mine... is that labels are for flippers and amateur collectors...they are basically meaningless in true numismatics. But, to each his own...... Cheers, RickO

LindeDad

Did they make gold dimes 100 years ago?



Oh that wasn't the question asked but the answer is the same.

DIMEMAN

Originally posted by: ShadyDave
No way I'd every buy one of those abominations, never mind the gimmicky MS-70 First Day labels (and I'm an avid REAL mercury dime collector). I predict we will see them for melt + 10% in a few years...

A man after my own heart!

DIMEMAN

Originally posted by: MFH

Rumor has it that Dimeman is cornering the market on them.

Don't even say that in jest!

I will pay 50 bucks for them. Just send them raw as they will be going into the melting pot.

BUFFNIXX

saw them going for $399 in ngc sp70 last night, this was on rick tomascas's
art and coins tv show. he said it was a steal and a hell of a deal!!
(i guess it was for him)

BUFFNIXX

still i would advise all to get at least one, that goes for the up and coming standing liberty quarter and walker half dollar

DIMEMAN

Originally posted by: BUFFNIXX
still i would advise all to get at least one, that goes for the up and coming standing liberty quarter and walker half dollar

WHY???

pf70collector

Coin Vault was also selling them in the $500 range last week.

FaberCastell

Originally posted by: thebigeng
These are going for $550 each with only 250 made. Are they worth it?

Your opinion...

Nope. You can't manufacture a true rarity, although the third-party grading services are doing their darnedest to make you think so.

IrishMikey

Will they EVER be worth more than $550? Probably not, and the probability of them going MUCH lower is quite high. I doubt they will become a bullion item, but you never know, especially if gold goes to $3500.