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<p>[QUOTE=&quot;Shortgapbob, post: 371631, member: 6088&quot;]As with any first year issue and key date, some examples were saved and one can find 1916-D Mercs in Unc if they are willing to pay the price.&nbsp; However, many examples of this date circulated heavily for years without being pulled from circulation.&nbsp; Part of the reason was possibly that many did not worry about mintmarks on coins until the advent of coin collecting boards in the 1930s.&nbsp; Therefore, saving a Philadelphia minted 1916 Merc was satisfactory for a lot of collectors of the day.</p><p>&nbsp;</p><p>Over 200 low grade 1916-D Mercs showed up in the New York Subway Hoard that Littleton purchased about 10-15 years ago.&nbsp; Most of these were AG coins.[/QUOTE]</p><p><br /></p>

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