| Author |
 Replies: 32 / Views: 4,017 |
Page 3 of 3
|
|
|
|
Valued Member
United States
68 Posts |
what is it worth in 66? I don't think I'd be willing to pay so much for a subjective grade.
|
|
Pillar of the Community
United States
4932 Posts |
Quote:
You're a homeowner already drew? Shhhh...you don't know anything....  |
|
Valued Member
United States
294 Posts |
There are many more interesting, historic and rarer coins for far less money; it's OK if you're a Mercury dime fanatic, and you want to blow a ridiculous amount of money on it. |
|
Pillar of the Community
United States
5832 Posts |
You wont think is ridiculous amount of money if your return in a few year greater then what you pay for, this is what rare coins all about, by the same token, it can go reverse and lose a lot of money. I think the series for Mercury dimes is a fading fade for the time, and is good if you can afford such a high end coin for the amount of money other had originally paid for the same quality. |
|
Moderator
 United States
23522 Posts |
I don't get all the hate. This coin is priced tens of thousands below market. If you disagree with the grade, that's one thing, but if you wanted an MS67 1916-D before this appeared I'd have told you to budget $150,000.
|
|
Pillar of the Community
United States
8516 Posts |
Go for it Carl !
Oregon coin geek.....*** GO BEAVS ! ! ! ***
|
|
Pillar of the Community
United States
5832 Posts |
I agree SD, if money were no object, and the discount is great. I would have bought it already. I can see this one going back into the high $160-$180K range when the series get back into popularity, maybe as soon as next year for the 100 year anniversary.
|
|
Moderator
United States
23522 Posts |
Sharp observation (as usual), macmercury. Coins can be cyclical but quality will always stand up to be counted. The buying demographic for this coin is recession-proof but susceptible to concerns about the overall economy. When someone's ready to buy this coin, the check will be written and that's that.
|
|
Pillar of the Community
United States
2233 Posts |
|
|
Valued Member
United States
294 Posts |
I don't have any objection to anyone who wants to buy this coin; by all means, if you think it has good value at that price, go for it. My own personal feelings are that it isn't a coin I would spend such money on; in my opinion, it doesn't represent good value to me.
|
|
Pillar of the Community
United States
1119 Posts |
The paypal fee alone is more than my annual coin budget
|
|
Pillar of the Community
United States
1450 Posts |
See, I would be happy with that coin as long as I could read the date. That is my acid test. It must be since I just lack five coins to complete my LSQ set. You know which ones I am talking about probably. I start to choke when asked a coin with a just legible date is going for 400-500 bucks. The 1916 I would pay for if it has a date. I will collect every other one first. Coins like the dime we are talking about are investment vehicles and not for average guy. What intrinsic value does that dime have except what is attributed to it? In 20 years someone might discover a horde of these coins and the value drops. This is like paying 10 million dollars for a painting. What can you do with it besides put it in some vault unless you are Donald Trump or Bill Gates. Keep it on the wall of your house and you get robbed by guys in ski masks toting AR-15's.
|
|
Pillar of the Community
United States
2850 Posts |
I fully trust the USPS with this coin. Hopefully it won't need a signature confirmation so the mailman can just leave it in my mailbox and I can get it when I get off work 9 hours later.
|
|
Bedrock of the Community
United States
12057 Posts |
I could afford it.
If I took a loan against my IRA, sold my 3 cars, maxed out 3 or 4 credit cards, and then took out a nice home equity loan on top of that, and then drained my "holiday" savings account. And then sold off my jewelry, too, and probably some of my coins.
And then I'd be walking to work and probably homeless soon but hey, I'd have a sweet dime!
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
|
Pillar of the Community
United States
1450 Posts |
I would insist on registered mail which can be insured for millions in need be. I worked for USPS. They used to send gold bars through the mail. A bag disappeared one day. They had the guy in the Red Room surrounded by postal inspectors accusing him of stealing the bricks. The stuff was just lost and nobody ever found it.
|
|
Page 3 of 3
|
Replies: 32 / Views: 4,017 |
Page 3 of 3
|
First Page
Previous Page
Posted 08/02/2015 12:09 pm
worthy, but this one is 
