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Mercury Dime Acquisition

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 Posted 01/03/2015  9:23 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list
to the forum, Jason!
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United States
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 Posted 01/03/2015  9:36 pm  Show Profile   Bookmark this reply Add Shale to your friends list
Album Raw, so yeah will end up breaking some slabs I'm sure, at least for the 16d's, its possible the FSB set will be a slabbed set, not sure... realistically that will be down the road, have one fsb so far ;P
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23522 Posts
 Posted 01/03/2015  10:07 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
Well, you already know what the bulk buys will net you, and unfortunately going up the grade scale means individual purchases. So part of the learning curve is casting your net about online to find as many different vendors as you can. Don't be afraid to ask opinions here.

If you have a lot of Mercs you wish to post for grading purposes, we normally prefer one coin per thread but go ahead and group two or three per thread to avoid displacing others. Mention my recommendation if anyone asks.
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 Posted 01/03/2015  10:31 pm  Show Profile   Bookmark this reply Add Celticsoul to your friends list
Ask around the forums for solid ebay vendors. I look for vendors that are willing to ship multiple items together or offer free shipping. After awhile you will gather a set of trusted vendors and local coin dealers. Support your local coin dealer!
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 Posted 01/03/2015  10:36 pm  Show Profile   Bookmark this reply Add DoubleEagle20 to your friends list


You local coin shops should have decent selection of nice circulated Merc dimes.
Edited by DoubleEagle20
01/03/2015 10:38 pm
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 Posted 01/04/2015  09:13 am  Show Profile   Bookmark this reply Add macmercury to your friends list
If you can attend coin shows you can check out which dealers would have what you need, and you would see what you going to buy vs looking at pictures, don't buy compulsively. I made that mistake when I got in, at least it will save your wallet!

I did like to add that APMEX is a place to buy and sale bullion, you would have better luck with buying circulated bullion vs them picking out XF stuff for you.
Edited by macmercury
01/04/2015 09:17 am
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 Posted 01/04/2015  09:44 am  Show Profile   Bookmark this reply Add dsfreeworld to your friends list
Learn to grade/spot cleaned coins
This will be the key to your success in making your goals
You'll figure out the rest (where/whom to buy from) over the course of time but learn to grade is step one. You can buy from ebay sellers that are less than 5,000 transactions, there are plenty of reputable folks to choose from.
Buy one coin at a time in the desired grading scheme you're working but first learn what you're looking at. Scour heritage auction archives, scour CCF search utility, use photo grade (as a start), go to your local coin shop/shows and handle as many as you can to get that grading education. Once you're comfortable, have at it. Good luck and have fun.
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 Posted 01/04/2015  09:57 am  Show Profile   Bookmark this reply Add macmercury to your friends list
Shale,

post those pictures as you like in the grading section, but clear images is important fro proper grading.
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 Posted 01/04/2015  10:00 am  Show Profile   Bookmark this reply Add Shale to your friends list
Macmercury- I was considering that... I figured if you buy date ranges, or XF, they are guaranteed sorted... but at the same time I figure since they sell 1916-1929 tubes, that even their circulated is filtered rather heavily, and I have limited interest in a bunch of circulated 1940-1945's unless I get lucky and find a 42/1, or am trying to fill in mint marks.

So far on the XF batch I got several XF coins in the 1917-1929 range, will post a breakdown sometime. But also many non XF and the older ones some were definitely cleaned. I was thinking about posting in the trade section once I hit 50 posts, with what I have extras of in good condition, and years/mints that I am looking for.

If I go with the bulk-buy approach to try to fill in several albums, I will add a sub goal of collecting 10,000 mercs in a folder for bullion purposes (albeit overpriced bullion at this time). I figure I can justify it in terms of diversification :)
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 Posted 01/04/2015  10:08 am  Show Profile   Bookmark this reply Add macmercury to your friends list
Shales,

Curious were those 40's dated coins mostly P mint from APMEX? I bought a circulated bag from them the second time and found a 42/41 D overdate. Graded later by NGC and sold it. I should of hang on to it.
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United States
245 Posts
 Posted 01/04/2015  10:22 am  Show Profile   Bookmark this reply Add Shale to your friends list
I havnt gotten as far as doing mint marks, I know the majority of the 42 were P, but I did see some S and D in the 40's Got a 1945-D FSB from the mix (maybe, its over on the grading forum right now)
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 Posted 01/04/2015  10:24 am  Show Profile   Bookmark this reply Add BluegrassRiver to your friends list
Shale, you can bulk buy Mercury by putting the word "lot" or "collection" in your search title on ebay. Read the description and look for dimes that are pre 1941 since you have those. You should also seek out small coin shows within two hours drive of your home. Those show dealers will have many dimes for you to check out. Call the coin store that you say is not open and explain to them what you want. They will make arrangements for you or mail you a package. Like, "I want 20 dimes good or better pre-1941 to help with my collection." You have learned not to waste your time roll searching in banks.
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245 Posts
 Posted 01/04/2015  10:33 am  Show Profile   Bookmark this reply Add Shale to your friends list
Yeah roll searching... not for me... I understand some get into it, and you have to put in real time to get results, but I would prefer to spend time going through what I have now :P

MacMerc- I am working on the quality issue, if you check the grading forum you can see what I can do currently, ordered a small microscope after searching forums here, for detail pics, and possibly full pics since I'm mostly working with dimes... also ordering a new lens for my wife so she can take closer macro shots with her canon. Loupe + Iphone only gets you so far, especially since I havnt come up with a lighting option that works reliably.
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 Posted 01/04/2015  11:26 am  Show Profile   Bookmark this reply Add dsfreeworld to your friends list

Quote:
Loupe + Iphone only gets you so far, especially since I havnt come up with a lighting option that works reliably.


Good move ordering a USB microscope or a non-digital. 10,000 bullion mercs will be an awesome accomplishment. Silver spot is bound to rise in a decade or two and holding that much fractional junk will payoff IMO.
Valued Member
United States
245 Posts
 Posted 01/05/2015  9:31 pm  Show Profile   Bookmark this reply Add Shale to your friends list
I find it slightly interesting that the inflation matches up a bit on the newer dimes..

1945 1 dime cost .10
2015 1 1945 Mercury dime is worth ~ 1.15-1.50
Inflation of .10 in 1945 to 2015 is $1.31
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