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 Classic US Coins

Mercury Dime Collectors

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shatsi
Pillar Of The Community


USA
1430 Posts

Posted 10/10/2005  10:24 am  Show Profile Bookmark this topic Add shatsi to your friends list  Get a Link to this Message

I was at a coin show on Saturday & I loved the Mercury dimes. I was wondering how expensive it would be to have an unc collection going? I already have set of Morgans and Franklins going so it take up most of my $$. What should I look for in a dime? Can I go by the Red Book?

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Metalman
Moderator
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USA
6533 Posts

Posted 10/10/2005  10:52 am  Show Profile Bookmark this reply Add Metalman to your friends list  Get a Link to this Reply

Hi Shatsi

Merc's are my passion !! its not really that bad to put togehter an UNC collection minus the keys,those in unc are about a years wages each !

look for dimes with a natural appearance, check them carefully for cleaning with a pretty strong loop,hairlines, clean fields with a dark or mint luster around the devices is a no no !

Full bands on the torch in a higher grade are what you are looking for, in slabbed examples these can range from 30 bucks well into the hundreds, but raw can be had at very reasonalbe prices if your selective and shrewed!

I will post a pic or two when I get back from the Hospital, taking my wife in for some screening tests !

Rick


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shatsi
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USA
1430 Posts

Posted 10/10/2005  10:56 am  Show Profile Bookmark this reply Add shatsi to your friends list  Get a Link to this Reply

Thank you Rick, I prefer collecting raw coins unless they're very expensive coins.

Waiting for your pics!

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catman
Pillar Of The Community


USA
954 Posts

Posted 10/10/2005  12:00 pm  Show Profile Bookmark this reply Add catman to your friends list  Get a Link to this Reply

Hi Shasti,

I have collected Merc's for years and really love the design. Do you know what all the symbols on the dime mean.?

Instead of using the Redbook fro a price guide I would recommend you use the monthly supplement that comes in "Coin World". A lot of the forum member subscribe to this paper as it provides a wealth of information to the collector. Maybe you should look into it unless you are already subcribing.

catman


Catman
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shatsi
Pillar Of The Community


USA
1430 Posts

Posted 10/10/2005  12:11 pm  Show Profile Bookmark this reply Add shatsi to your friends list  Get a Link to this Reply

Catman, pls check your mail.

I do receive the Coinworld. Will refer to it. Right now I don't know what the symbols mean. I'm going to research on it and the history.

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Susanlynn9
Forum Mom
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USA
5533 Posts

Posted 10/10/2005  12:28 pm  Show Profile Bookmark this reply Add Susanlynn9 to your friends list  Get a Link to this Reply

This information is paraphrased from the Breen Enclyclopedia of US Coins:

The Winged Liberty dime was designed by Adolph Weinman. Many people mistook the design of Lady Liberty with a winged cap as the Roman god Mercury. This is why it's often referred to as the Mercury dime.

The Roman fasces on the reverse is believed to be symbolic of the United States' entry into WWII. The design has an executioner's axe bound within a group a rods. This is commonly interpreted as "the power of life or death"; in practice, it means the power to kill or to make one's victim wish he were dead. In ancient Roman law, it meant the power to kill mercifully by a blade or mercilessly by the rods. It is felt that the symbolic message that Weinman was trying to express was something like, "The USA can instantly punish with any penalty up to and including death, therefore beware, enemies of liberty!".


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shatsi
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USA
1430 Posts

Posted 10/10/2005  12:39 pm  Show Profile Bookmark this reply Add shatsi to your friends list  Get a Link to this Reply

Very interesting, thank you susan.

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national dealer
Pillar Of The Community
USA
2724 Posts

Posted 10/10/2005  2:52 pm  Show Profile Bookmark this reply Add national dealer to your friends list  Get a Link to this Reply

quote:
Originally posted by shatsi
how expensive it would be to have an unc collection going?


Currently a full date/mintmark set with the major varieties of 1942/41 and 1942/41-D and 1945 Micro S would set you back roughly $22,000.00

Now if you build a set of VG to Fine, you would look at something near $2200.

One key part of assembling a set is a uniform appearance. Too often collectors will put UNC coins mixed with low grades and the set looks a bit off.

There are 5 key coins in the Merc series.

1916-D
1921-P
1921-D
1942/41
1942/41-D

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shatsi
Pillar Of The Community


USA
1430 Posts

Posted 10/10/2005  2:58 pm  Show Profile Bookmark this reply Add shatsi to your friends list  Get a Link to this Reply

quote:
Originally posted by national dealer

quote:
Originally posted by shatsi
how expensive it would be to have an unc collection going?


Currently a full date/mintmark set with the major varieties of 1942/41 and 1942/41-D and 1945 Micro S would set you back roughly $22,000.00

Now if you build a set of VG to Fine, you would look at something near $2200.

One key part of assembling a set is a uniform appearance. Too often collectors will put UNC coins mixed with low grades and the set looks a bit off.

There are 5 key coins in the Merc series.

1916-D
1921-P
1921-D
1942/41
1942/41-D


I definitly don't have $22,000.00[:0]

I was planning on doing exactly what you mentioned, unc and lower grades on key dates. Guess I have to stick to VG to Fine then. I'll probably do a collection of diff mint marks for each year without focusing on the varieties for now.

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national dealer
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USA
2724 Posts

Posted 10/10/2005  3:22 pm  Show Profile Bookmark this reply Add national dealer to your friends list  Get a Link to this Reply

In grades of VG to Fine the varieties are actually rather cheap.

$460 to $500 for the 1942/41 and "D"

The 16-D jumps considerably in Fine at $1800 to $1900 but in VG this coin is still about a grand.

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Metalman
Moderator
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USA
6533 Posts

Posted 10/10/2005  8:55 pm  Show Profile Bookmark this reply Add Metalman to your friends list  Get a Link to this Reply

Hi shatsi

I will post some photos as soon as I get a chance!

My wife has been kind of a handful,,as she is dealing with the aftermath of the screening tests today!

Rick


Touch not the cat bot a glove!
My CC Photo Gallery
My Coins For Sale on CCF
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OLD SCHOOL IS THE RIGHT SCHOOL !
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shatsi
Pillar Of The Community


USA
1430 Posts

Posted 10/10/2005  10:37 pm  Show Profile Bookmark this reply Add shatsi to your friends list  Get a Link to this Reply

Don't worry about it Rick, I'm not in a hurry.

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JPerry
New Member


USA
25 Posts

Posted 10/10/2005  10:39 pm  Show Profile Bookmark this reply Add JPerry to your friends list  Get a Link to this Reply

here are a few to look at. Have a nice evening

Image: 1944 S Obv 1.jpg
68.83 KB

Image: 1944 S Rev 1.jpg
79.9 KB

Image: 1945 S Obv 3.jpg
64.99 KB

Image: 1945 S Rev 3.jpg
70.97 KB

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shatsi
Pillar Of The Community


USA
1430 Posts

Posted 10/10/2005  10:41 pm  Show Profile Bookmark this reply Add shatsi to your friends list  Get a Link to this Reply

Beautiful coins Jerry, thank you.

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adobero1
Valued Member


USA
363 Posts

Posted 10/10/2005  11:10 pm  Show Profile Bookmark this reply Add adobero1 to your friends list  Get a Link to this Reply

According to a fairly recent Greysheet, you can get an uncirculated "short" set of Mercs (1941-1945, all dates and mints except for the overdates and micro s) for around 100 bucks or a little more. I bought such a set a few years back at an auction in a Capital Plastics holder. It makes a nice, eye catching little set and isn't too expensive!

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Metalman
Moderator
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USA
6533 Posts

Posted 10/10/2005  11:57 pm  Show Profile Bookmark this reply Add Metalman to your friends list  Get a Link to this Reply

Hi Shatsi

Sorry for the delay !

But Im grateful for having to get these out!

The 1935 did not have the black spot on its cheek when it was put away!

anyways 1935 and 36 both full band .

Image: DSCF1488~1.JPG
38.99 KB

Image: DSCF1490~1.JPG
39.87 KB

and one with a little color just for fun

Image: DSCF1433~1.JPG
36.59 KB

Rick


Touch not the cat bot a glove!
My CC Photo Gallery
My Coins For Sale on CCF
My Coins For Trade on CCF
TQ http://www.treasurequestxlt.com/com...cting-forums
KNOWLEDGE- THE KEY TO COLLECTOR SUCCESS !
OLD SCHOOL IS THE RIGHT SCHOOL !
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