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<p>[QUOTE="Midas, post: 66280, member: 2761"]The 1916-D Merc dime is one of the most counterfeited pieces in numismatics. Reading Coin World's latest article on the 1916-D dime by Paul Gilkes, he brought to light the following:</p><p><br /></p><p>1916-D dimes have been counterfeited by:</p><p><br /></p><p>1.) adding a D mintmark to a 1916-P dime (which has no mintmark)</p><p>2.) altering a 1916-S dime to look like a 1916-D</p><p><br /></p><p>There also have been other high tech tech versions of counterfeiting this coin, but the fact is you have to be aware of what you own or plan to buy.</p><p><br /></p><p>According to ANACS, <b>80 to 90%</b> of the 1916-D Mercury dimes submitted to ANACS for grading or shown to graders at shows are <b>COUNTERFEITS</b>. Senior Numismatist Michael Fahey also stated back in 1995 that ANACS, NGC, and PCGS has certified about 1,700 genuine 1916-D Mercury dimes. In contrast, he estimated that between 6,000 to 7,000 <b>fakes</b> are floating around the marketplace.</p><p><br /></p><p>One quick story...back in the 1990's, a collector told of how he frequented a series of flea markets in eastern Pennsylvania where coins were sold. He purchased heavily worn 1916-D Merc dimes for about $50 each. This collector accumulated more than 200 of these coins. He brought the coins to a coin show for authentication and much to his chagrin, every <u>one of his dimes was a 1916-P dime with the added mint mark</u>. All counterfeit!</p><p><br /></p><p>So buyer beware...there are more counterfeit "1916-D" dimes floating around than the real deal.[/QUOTE]</p><p><br /></p>
[QUOTE="Midas, post: 66280, member: 2761"]The 1916-D Merc dime is one of the most counterfeited pieces in numismatics. Reading Coin World's latest article on the 1916-D dime by Paul Gilkes, he brought to light the following: 1916-D dimes have been counterfeited by: 1.) adding a D mintmark to a 1916-P dime (which has no mintmark) 2.) altering a 1916-S dime to look like a 1916-D There also have been other high tech tech versions of counterfeiting this coin, but the fact is you have to be aware of what you own or plan to buy. According to ANACS, [B]80 to 90%[/B] of the 1916-D Mercury dimes submitted to ANACS for grading or shown to graders at shows are [B]COUNTERFEITS[/B]. Senior Numismatist Michael Fahey also stated back in 1995 that ANACS, NGC, and PCGS has certified about 1,700 genuine 1916-D Mercury dimes. In contrast, he estimated that between 6,000 to 7,000 [B]fakes[/B] are floating around the marketplace. One quick story...back in the 1990's, a collector told of how he frequented a series of flea markets in eastern Pennsylvania where coins were sold. He purchased heavily worn 1916-D Merc dimes for about $50 each. This collector accumulated more than 200 of these coins. He brought the coins to a coin show for authentication and much to his chagrin, every [U]one of his dimes was a 1916-P dime with the added mint mark[/U]. All counterfeit! So buyer beware...there are more counterfeit "1916-D" dimes floating around than the real deal.[/QUOTE]
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