John Mercanti & Signed Labels

Posted by Derek Sawchenko on

What is the significance of a signed label? Throughout history, many have sought after autographs from artists, musicians, athletes, and many more. There are signed photographs, novels, hats, CDs, baseballs, comic books, papers, and other various objects. Collecting autographs has been an enjoyable pastime for years. An autograph captures a moment in time on an object that a person can hold and preserve. One can hold a piece of history in his or her hand. In the numismatic world, John Mercanti signed coin labels; these coins are highly desirable because Mercanti is a legend of his craft.

            John Mercanti was the 12th Chief Engraver of the United States Mint. In 1974, Mercanti was first hired as an assistant to the 10th Chief Engraver of the U.S. Mint, Frank Gasparro. He later became the 12th Chief Engraver. He is best known for his work on the American Silver Eagle coin (reverse side) and the Platinum Eagle coin (obverse coin). His other works include many coin and medals. During his career, he designed and engraved over one hundred coins. Even after his retirement, Mercanti stayed involved with numismatics.

            He signed label deals with both the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC). He signed with PCGS first and then NGC. The signed certification labels for both NGC and PCGS are very valuable. The labels appear on various coins. These modern coins include the Gold Buffalo, Silver Eagle, St. Gaudens, and many more.

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