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<p>[QUOTE=&quot;TheMont, post: 2464782, member: 80121&quot;]The mint lists the 1916-D Mercury Dime production at 264,000 but there are probably over 500,000( just an estimate could be more) of them out there. How can I say that? Because there are that many counterfeits out there. That&#039;s why I would only buy a coin like the 16-D in a PCGS or NGC slab.</p><p><br /></p><p>Why is the dime so expensive? Three things, IMHO, determine a coins value- Rarity, eye appeal, and demand. There are plenty of coins rarer than the 16-D, but the perceived demand is high for this little coin, and as stated earlier, it&#039;s irritating to see that one empty space year after year after year and not filling it, because of its inflated cost.</p><p><br /></p><p>&nbsp;Building an album set is on the decline, collectors are focusing on individual, or at the most sets, of coins rather than albums. Foreign coins, with fake rarities (they keep the mintage at around 5,000), such as being put out by the little islands who farm out their production, because they don&#039;t have their own mint, are also hurting the hobby. With rare exception, they don&#039;t appreciate in value, but new or uneducated collectors are buying them, because they are buying the hype.</p><p><br /></p><p>Ending this rant, TV Coin Shows are starting to use words that they aren&#039;t supposed to- investment, guaranteed to appreciate, a truly rare coin. There is hope, I have Dish Network, which had tons of coin shows, but one by one they are going off the air or cutting back on their air time. The only one, and the one that charges the highest premium is the coin show on HSN, but I think that&#039;s because of the high viewership that channel has and if a coin shop comes on it, Mike makes a good pitch for a coin that is priced up to twice as much as the other high priced TV shows and people who are normally not coin collectors fall for his pitch.</p><p><br /></p><p>I did it again, to long a post, really am trying to be more brief.[/QUOTE]</p><p><br /></p>

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