About how much would a 1916-D Merc in FA-2 cost?

I am looking for a PCGS/NGC Fair-2 to crack for my raw set, can anyone tell me about how much one would cost?
Thanks!

 

Log in or Sign up to hide this ad.

look at completed auctions to get a good idea of a price.

 

The last two graded by PCGS as FR02 that went through public auction went for $391 & $384 in February.

 

'16-Ds typically realize less than Greysheet bid in auction, so you're lookin' at maybe $500 for the grade you've mentioned.

If you decide to take the online-auction route, post a photo here so we can have a good look at the coin before you lock-in any purchase. We'll make sure the coin hasn't been altered, cleaned, damaged, etc.

-Brian

 

Brian's got a point, please post a picture if you find one. When you get into the lower grades, the mintmark tends to disappear into a flattened rim and sometimes you'll never know if you have a D or an S. Buying a graded piece will save you a lot of that headache.

-Shaun

 

Thanks Brian and all you guys.
YES, I would never buy that coin uncertified in such a low grade, even though I am confident to spot a fake, we all make mistakes. I already have one for my certified set, I just need a crack-er.

 

I agree with the above, and personally even though I hate slabs would buy a slabbed example and keep it in the slab. Have a placeholder made up that says, "see slab". I just say this because of the authentication of such a low graded piece would be the most important aspect of owning the coin, and this is one area where I believe TPG provide a service.

There is an old saying that 264,000 of these were struck, but over a million of them are in collections today.

 

Oh boy, isn't that the truth?!

-Shaun

 

The way you try and circumvent CT rules (with your avatar) really cracks me up.

 

I never noticed that until you brought it up, nice one!

 

How am I "Circumventing" the rules? And besides, stop hijacking my thread.

 

I saw a 16-D in FR02 PCGS holder at the Spring Long Beach show- the dealer was asking $525 IIRC. Too much in my opinion. The 16-D is one of the most value-inflated coins out there.

 

I hear what you are saying, and if you do just want it in the set I understand.

Btw, I would not necessarily trust myself with this date in such a low grade. We had a thread a while back discussing a AG one, and while I was lucky when I was thinking it was an S instead of a D, it gets very, very dangerous when they get worn to this point. The two mintmarks, or even a little damage, can all look alike. This is why I am saying you will lose considerable value the second you crack out the coin, maybe it would not certify again as a 1916d, you ever think about that? That would then be a $400-500 crackout error.

Just giving you something to think about sir. Btw, I am kind of liking my suggestion about having a dime sized, "see slab" idea. Anyone make these? Might be good sales for 16d dimes, 01s quarters, sVDB cents, and the like.

 

Better get your patent ASAP!

 

Thanks for the advice my man! I agree, making something like a little cardboard plug would be great for that coin especially. You're right, the TPGs could reconsider the second time they slab it. I will think about that.
Yes I have made a Cardboard plug before, for my 1939D Jefferson nickel I found in a roll. Good idea!

 

Well I was thinking of it as a business idea for Mr. Carr. He could strike generic coin sized tokens of the right color saying "see slab", or even strike ones specifically for rare dates, like "1916d see slab", and the like. The colors woudl fit in with the rest of the set, so it appears your folder is complete, yet still allow collectors to have the safety of a slab for rare items.

Might make him a few bucks with his press.