Got to hold this key date today! Only $7,300!!

Very nice 1916-D
I was thinking AU55

 

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I'm always leery of big coins that are unslabbed. It looks good to me, maybe cleaned but def worth $7300 if all checks out.

 

So So So Pretty.

 

I would question the color. Something is not right about the coin.

 

the mint mark looks wrong. This is why I'd NEVER buy an uncertified 16-D.

The serifs of the D should be squared, these are pointy. I'd say it's a fake. That's just me.

 

Guys? He said he held it. He didn't say he was buying.......

 

Color might have been the pictures. Coin shows never have good lighting. As far as the mm I don't know. I wasn't going to buy it so I wasn't looking too closely. Just wanted to say I held a 16-D in high grade.

 

I don't think that you can, because I don't think that you did.

 

the shape of the mint mark doesn't look right either. The inside of the D should be house shaped.

 

So does anyone think its real to begin with? He said all of his coins have a guarantee to be genuine.

Didn't even think that it could be a fake.

 

The mintmark does look a bit strange, though I'm always paranoid when it comes to 1916-D's. But I'd say the fact that it's unslabbed at that high of a grade is reason enough for suspicion.

 

Exactly what I was thinking.

 

What's his guarantee? If you send it in and it comes back fake, what does he do?

 

Nope

 

You could take a coin out of the bin at the US Mint, post a picture of it here, and half of the membership would tell you it was fake.

If you have an interest in an important coin like that, I'd most certainly buy it slabbed or buy it with an iron-clad guarantee from a known source. $7300 is a HUGE amount of money to risk on a dime.

 

Don't know, didn't actually ask what it was. The two coins I bought were NGC graded, so I wasn't worried about those not being real.

 

If a coin was 'actually' worth that much why wouldn't it have been graded already? What is that holder it is in?

 

Unfortunate, but true... especially since many like to shoot from the hip.

For the most part, I agree with you in regards to buying only certified or with iron-clad guarantee, but if one truly knows what they're doing, reward can be had in taking what others may see as a risk.


As Mike has already pointed out, the mintmark (while very close in position to #3) does not appear to be of the correct style for the date/mint. With the rather clear photo and no visible (mintmark) damage, I believe it is safe to assume that she's no good.

 

agreed. and guilty as charged at times.

The 16-D is the most counterfeited coin on the planet. I am suspicious of that coin every time I see one. As such, I have become familiar with the correct mint mark shape as it is a huge help in spotting the fakes.