Grading 2016 mercury dimes

Discussion in 'Coin Chat' started by cardio75, May 7, 2016.

?

Who do I submit to?

  1. ANACS

    12.5%
  2. NGC

    37.5%
  3. PCGS

    50.0%
  1. cardio75

    cardio75 New Member

    So I received my gold mercury dimes from the mint, and I'd like to get them graded. I like buying graded coins from PCGS and NGC, but submitting coins to be graded is confusing and expensive. I've submitted to ANACS in the past because it's straight forward and cheaper. My dilemma is this:
    HSN (Home Shopping Network) bought at least 1,800 of these dimes and had them graded with ANANCS. They are selling 1,789 of them graded as SP70 (for $500.00). Do I risk submitting my dimes to ANACS (trying for the SP70 grade) or am I wasting my money because they may have met their quota for the 70 grades and give everybody else a 69 or lower?
    Do I invest the extra time and money into submitting to NGC or PCGS since they haven't graded so many for a large dealer (that I know of)?
     
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  3. rickmp

    rickmp Frequently flatulent.

    The TPGs don't have a 'quota' on 70s. If they think it's a 70, they'll give it a 70.
     
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  4. Santinidollar

    Santinidollar Supporter! Supporter

    It always amazes me how many of HSN's submissions to ANACS come back 70. Interpret that observation as you wish.
     
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  5. SuperDave

    SuperDave Free the Cartwheels!

    Yes. Full stop, no further qualification required.
     
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  6. micbraun

    micbraun coindiccted

    Dude, this is bullion :)


    Sent from my iPhone using Tapatalk
     
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  7. mikenoodle

    mikenoodle The Village Idiot Supporter

    Keep in mind that HSN routinely sells numismatic items for well above their value and that I would equate that ANACS 70 with a raw coin.

    That's just my opinion
     
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  8. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Why spoil the lovely mint packaging by deferring the piece to a plastic coffin of no regard? Leave it be. Most of these coins are going to grade out between '69 & '70. I believe it's a waste of money to grade moderns and bullion but that's just 'crabby' me.......
     
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  9. SuperDave

    SuperDave Free the Cartwheels!

    The thing that turns me off about slabbing low-mintage bullion issues is that 70 ought to be the expectation. They're only minting a hundred thousand plus, with the intent and attitude that it be an "event" coin, and they can't get even a plurality of them "perfect" with the most sophisticated equipment available? Hell, they can't even get Full Bands with a freaking computer to create the design.

    /facepalm
     
  10. Vess1

    Vess1 CT SP VIP Supporter

    I pretty much agree with green. The packaging it comes in is part of the cost and looks decent. There should be no 68s coming out. They used 75 different sets of dies to produce the mintage so all of them should be 69 or better. A 70 only bumps the value about $100 right now. Not worth it on this issue unless you just want it in a slab for storage purposes.
     
  11. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    I don't buy the mint the mint explanation that certain artisans were employed, 'back in the day', who would impart such features......my God, you've got a computer with sophisticated software and laser etching capabilities......why the devil can't you replicate the original?
     
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  12. SuperDave

    SuperDave Free the Cartwheels!

    75 die pairs to mint 125k soft 24kt gold should result in 90% PR70's. Perhaps a few without mirrors you could shave in.

    /facedesk
     
  13. rzage

    rzage What Goes Around Comes Around .

    Ditto that Ken !!!!! They think we're idiots , no split bands on the quarter no full shield along with a certain piece of missing anatomy . ;)
     
  14. SuperDave

    SuperDave Free the Cartwheels!

    I spent a decade creating smooth curves on a computer for production in vinyl graphics. The expectation was that my work would be as smoothly-curved at a 1" capheight as it was at a 40" capheight. I had no problem achieving it, and that was in the late 1980's using 386DX processors.

    /facemountain
     
  15. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    I have no idea what your talking about Dave, but I get the feeling you're sayin' that the original design was doable, right? :)
     
  16. Vess1

    Vess1 CT SP VIP Supporter

    lmao

    If the mint said they couldn't do it, I BELIEVE THEM! :singing: lol

    In reality the band issue was probably an oversight with a poorly fabricated story released after the fact when it was too late. It shouldve been the easiest part of the design to accomplish. Why aren't the wings on the front a blob? How are individual feathers seen? The only thing I can think of is that there wasn't enough material left to strike up that last bit of detail the way they were made. In other words they couldnt strike up the bands high enough to create the splits. And the mint didn't want to admit it. Just my theory.
     
    Last edited: May 7, 2016
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  17. Dancing Fire

    Dancing Fire Junior Member

    Yup, Agree!
     
  18. SuperDave

    SuperDave Free the Cartwheels!

    If I were given the task to produce a nice Mercury replica tonight on my home PC, and I only had Heritage Archives images as a reference, and the resulting coin had to be struck smaller and thinner than the original although in a very easily-struck soft metal, what I produced in the next two hours would predominantly strike with full hair detail and full bands. If they slowed the machinery down to 60 per minute, and produced a faithful replica of my art.

    And that two hours would include traveling home from the bar where I'm watching the Phillies game.

    I would need an additional day (factoring hangover) to figure out how to teach them to produce the die.

    Good Lord, guys. Look at an 1890's Morgan Proof, and see what we've lost in the last 100 years.
     
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  19. Vess1

    Vess1 CT SP VIP Supporter

    I hear you Dave! Look how architecture has changed. Look at how an old bank was built in some of these cities and towns or an old post office. It's not just coins. There used to be a thing called pride in craftsmanship that I believe we have lost in most areas. Now everything has to be done as cheaply as possible to get the job done.
    Daniel Carr can get it right. Why not the mint who originally made them? lol It'd be refreshing to hear the mint take ownership of the mistake instead of making excuses. The issue probably wasn't even brought up by people in the initial surveys because it was just assumed.
     
  20. Nathan401

    Nathan401 Quis custodiet ipsos custodes?

    Can anyone explain all the "errors" that are selling for 4-500$ on ebay? Seems like an awful lot have rim issues. Mine included. How does the mint have so many defects on such a low mintage number? Where was the quality control? Could this have been purposefully done? Thoughts anyone?
     
  21. Santinidollar

    Santinidollar Supporter! Supporter

    If so inclined, one could suggest that the Mint put out over promoted and sloppily produced crap at an overinflated price.

    Another example, to this humble narrator, of how mediocrity is becoming the acceptable standard. And I don't mean just coins.
     
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