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Mercury Dime 1939-D NGC MS67* FB----What is it worth?
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<p>[QUOTE="Lehigh96, post: 1112196, member: 15309"]Baha,</p><p><br /></p><p>What I think you are missing is that these coins are graded MS69. Essentially, they are PQ MS68 surface quality coins with exceptional eye appeal that were bumped up to MS69 due to the toning. A white MS68 FB Mercury Dime is still a high end coin ($750+) and not something that your typical coin doctor is going to choose to mess with. Here is a listing of all of the MS68 FB 1939-D Mercury Dimes auctioned by Heritage.</p><p><br /></p><p><a href="http://coins.ha.com/common/search_results.php?Ne=47&N=51+790+231+360+1582+4294966946+76+763" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/search_results.php?Ne=47&N=51+790+231+360+1582+4294966946+76+763" rel="nofollow">1939-D MS68 FB Mercury Dimes from Heritage Archives</a></p><p><br /></p><p>Now let's look at the short list of MS69's.</p><p><br /></p><p><a href="http://coins.ha.com/common/search_results.php?Ne=16&N=51+790+231+360+1582+4294966946+77" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/search_results.php?Ne=16&N=51+790+231+360+1582+4294966946+77" rel="nofollow">1939-D MS69 FB Mercury Dimes from Heritage Archives</a></p><p><br /></p><p>Do you see what they all have in common; PQ surfaces, fantastic rainbow toning, and exceptional eye apppeal that separates them from the MS68's. What your claiming is that a coin doctor found all of the high end MS68 1939-D's and went to work.</p><p><br /></p><p>That assertion is just not realistic. If all of the high end coins (MS68+) were blast white and we found a few hundred fantastically toned MS65's which sell for about $40 untoned, then I could agree with you that they are the work of a coin doctor.</p><p><br /></p><p>Regarding the $14K example, I respect your rules but disagree with them in this instance. When Heritage desribes a coin as "easily the most impressive they have seen" they mean it. That coin is from the William Dominick collection of Mercury Dimes. If you have never heard of his collection, let me tell you about it. He held the first great Mercury Dime PCGS registry set.</p><p><br /></p><p><a href="http://www.pcgs.com/setregistry/alltimeset.aspx?s=33" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com/setregistry/alltimeset.aspx?s=33" rel="nofollow">William Dominick Mercury Dime Registry Set (Retired)</a></p><p><br /></p><p>His collection was retired in 1998 and was by far the top ranked collection. Only two collections have surpassed his in quality in the last 13 years, the Joshua collection and the Forsythe collection, and many of Dominick's coins reside in those collections. I remember when his collection was auctioned by Heritage and remember drooling over the coins. </p><p><br /></p><p><a href="http://coins.ha.com/common/search_results.php?N=51+790+231+360+763+4294965873" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/search_results.php?N=51+790+231+360+763+4294965873" rel="nofollow">William Dominick Mercury Dime Collection Heritage Archives</a></p><p><br /></p><p>At that time in my numismatic journey, I had not yet discovered rainbow toned coins. I didn't get into toned coins until 2002. In 2001, my collection consisted of MS67 FB Mercury Dimes and the Dominick collection represented the pinnacle of quality for every single date/mm for the entire series. I actually bid on the coin in question and was blown out of the water. My bid was $6,500 IIRC. I promise you that at the time of that sale, that 1939-D was considered the finest Mercury Dime in existence. Collectors were not bidding moon money on a common date conditional rarity, they were bidding on the pinnacle of quality of the Mercury Dime series.</p><p><br /></p><p>I would be willing to bet that if that same coin sold today, it would drive a very similar premium and would not be surprised if it exceed the $14K price tag of 2001.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 1112196, member: 15309"]Baha, What I think you are missing is that these coins are graded MS69. Essentially, they are PQ MS68 surface quality coins with exceptional eye appeal that were bumped up to MS69 due to the toning. A white MS68 FB Mercury Dime is still a high end coin ($750+) and not something that your typical coin doctor is going to choose to mess with. Here is a listing of all of the MS68 FB 1939-D Mercury Dimes auctioned by Heritage. [URL="http://coins.ha.com/common/search_results.php?Ne=47&N=51+790+231+360+1582+4294966946+76+763"]1939-D MS68 FB Mercury Dimes from Heritage Archives[/URL] Now let's look at the short list of MS69's. [URL="http://coins.ha.com/common/search_results.php?Ne=16&N=51+790+231+360+1582+4294966946+77"]1939-D MS69 FB Mercury Dimes from Heritage Archives[/URL] Do you see what they all have in common; PQ surfaces, fantastic rainbow toning, and exceptional eye apppeal that separates them from the MS68's. What your claiming is that a coin doctor found all of the high end MS68 1939-D's and went to work. That assertion is just not realistic. If all of the high end coins (MS68+) were blast white and we found a few hundred fantastically toned MS65's which sell for about $40 untoned, then I could agree with you that they are the work of a coin doctor. Regarding the $14K example, I respect your rules but disagree with them in this instance. When Heritage desribes a coin as "easily the most impressive they have seen" they mean it. That coin is from the William Dominick collection of Mercury Dimes. If you have never heard of his collection, let me tell you about it. He held the first great Mercury Dime PCGS registry set. [URL="http://www.pcgs.com/setregistry/alltimeset.aspx?s=33"]William Dominick Mercury Dime Registry Set (Retired)[/URL] His collection was retired in 1998 and was by far the top ranked collection. Only two collections have surpassed his in quality in the last 13 years, the Joshua collection and the Forsythe collection, and many of Dominick's coins reside in those collections. I remember when his collection was auctioned by Heritage and remember drooling over the coins. [URL="http://coins.ha.com/common/search_results.php?N=51+790+231+360+763+4294965873"]William Dominick Mercury Dime Collection Heritage Archives[/URL] At that time in my numismatic journey, I had not yet discovered rainbow toned coins. I didn't get into toned coins until 2002. In 2001, my collection consisted of MS67 FB Mercury Dimes and the Dominick collection represented the pinnacle of quality for every single date/mm for the entire series. I actually bid on the coin in question and was blown out of the water. My bid was $6,500 IIRC. I promise you that at the time of that sale, that 1939-D was considered the finest Mercury Dime in existence. Collectors were not bidding moon money on a common date conditional rarity, they were bidding on the pinnacle of quality of the Mercury Dime series. I would be willing to bet that if that same coin sold today, it would drive a very similar premium and would not be surprised if it exceed the $14K price tag of 2001.[/QUOTE]
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Mercury Dime 1939-D NGC MS67* FB----What is it worth?
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