Hey
Mercury Dimes!
In a recent Sunday afternoon eBay auction, I was fortunate to have cherrypicked this 16D, which appears to be VG10/F12 level preservation, hiding in a G6 holder. Did PCGS fall asleep at the wheel with this one!? Surprised the owner didn’t resubmit themselves.
One of the most heralded key dates in 20th century numismatics undergraded by at least 2 grades (if not 3)?!
I’m considering crossover to CACG, specifying a minimum grade of VG10. But what do you all think about sticker submission instead? Theoretically, this would be an easy gold sticker, no? Will future value hold better for gold-stickered G6 or accurately graded VG10 or F12?
Third and fourth pic are (typical) CAC-stickered (green) PCGS G6 specimens for reference.
#mercurydimes #cacgrading #coincollecting #numismatics #numismatists #pcgscoins #keydatecoins #rarecoins #coingrading #sheldonscale #1916dmercurydime Hey [group:merc]!
In a recent Sunday afternoon eBay auction, I was fortunate to have cherrypicked this 16D, which appears to be VG10/F12 level preservation, hiding in a G6 holder. Did PCGS fall asleep at the wheel with this one!? Surprised the owner didn’t resubmit themselves.
One of the most heralded key dates in 20th century numismatics undergraded by at least 2 grades (if not 3)?!
I’m considering crossover to CACG, specifying a minimum grade of VG10. But what do you all think about sticker submission instead? Theoretically, this would be an easy gold sticker, no? Will future value hold better for gold-stickered G6 or accurately graded VG10 or F12?
Third and fourth pic are (typical) CAC-stickered (green) PCGS G6 specimens for reference.
#mercurydimes #cacgrading #coincollecting #numismatics #numismatists #pcgscoins #keydatecoins #rarecoins #coingrading #sheldonscale #1916dmercurydime
Steve
There are several aspects of maximizing value that involve “action” by the collector, whether by resubmitting a coin via Reconsideration, Regrade or crackout, submitting a coin for variety attribution if it adds value, submitting coins to CAC that might merit stickers, and taking into account the “value”of the current holder, potentially crossing coins from NGC to PCGS. On this latter point, yes, the coin is the coin, but for whatever reason, as a generalization the “market” values coins in PCGS holders higher than the same coin in an NGC holder.
So yes, I refer to this process as a “game”, and while I participate, I recognize MANY other collectors choose not to, and that’s ok.
Steve
However, if you study the 1916-D grading and review enough holdered coins, you can easily see this is an OBJECTIVE error by PCGS. The reason I’m confident in that assessment is because one will not encounter ANY G6 slabbed 1916-D specimens that are consistent with the degree of circulation of this particular coin. I’d challenge anyone to find another example. It’s simply not a matter of one grade up or down, it appears to be an objective error. And I’ll likely submit to CACG later this year to prove it.
Regarding NGC, I’ve been building a collection of early date mercury dimes, for around 10 years now. For circulated mercury dimes, I’ve consistently observed that NGC overgrades compared to PCGS, so I usually avoid those altogether. It’s really wild.