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 Replies: 21 / Views: 4,538 |
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Pillar of the Community
 United States
591 Posts |
Quote:
Not all of them are. Some of the keys are actually in his sights which are very pricey.  |
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Moderator
 United States
56855 Posts |
Isn't there a CCF member who specializes in Mercs? Can't remember his CCF name,sorry. PM him and see what he has to say. John1  |
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Bedrock of the Community
United States
11951 Posts |
A XF to AU set would be a very nice set to have.
Good set to have as a collector.
For a investor, any coin series will be just as hard to make good money on.
To make money, in my opinion. You have to be able to purchase the coins
at wholesale or below and then have a way to sell them at retail.
If you pay to high of price for a coin, even if it is decades later, you might be
lucky to get what you pay for it.
Some coins will have cycles when they are popular the prices will will be
higher. If you can buy coins on the lows and sell on the highs. The problem
Is knowing what's going to happen.
It always comes back to, collect what you like. Try not to overpay for coins.
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Rest in Peace
United States
18456 Posts |
I love my Mercury dimes . To me they are very collectible . I feel they will always be popular in all grades no matter the date or mint . I hold about 300 of them from AG-03 to MS-66 FSB .  |
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Bedrock of the Community
United States
20753 Posts |
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The 1816-d is an anomaly that I think is way overpriced. I agree that a 1816-D is an anomaly. Not only that but a real, real odd ball since they didn't start making that coin until about a hundred years after that. I hope they are collectable. I now have 12 complete sets. Or almost. Set #11 and @12 are missing the 16D and the over dates. Set #1 is almost all FSB except the 18S. Set #2 is also close to all FSB. Along with many rolls of duplicates, they all total about in the thousands. And I still want more. |
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Pillar of the Community
United States
1339 Posts |
I've been trying to sell off a few of my duplicates ect. They don't sell good at all, even better dates in VF/XF are hard to get over melt.....jimbucks is right, but he's looking more at appreciation of value
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Valued Member
United States
114 Posts |
I'm biased as a collector of the dimes, but in my experience (albeit a bit limited), buying AU-MS examples in most dates will draw a number of interested bidders on auction sites. While none of the dimes are 'rare' , finding a highly graded example (or a decent grade for the key dates) brings eyeballs. It's a popular coin. XF isn't where I'd want to focus my collecting other than those key dates if my goal is to liquidate them in the future, because in that condition there's plenty of those coins around. Then again, the money spent on XF coins isn't going to be near the cost of the higher examples.
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Bedrock of the Community
Australia
21788 Posts |
Buy Mercury dimes wherever you can at below melt, either individually or in bulk - I do this at coin shows whenever the occasion presents itself, which isn't all that often. Sometimes, dimes can come as part of a general bulk silver lot. I have acquired Mercurys in this way from a bulk silver lot of foreign coins at a public auction, where I have put in a very low bid. As an aside I have built up a rather nice collection of World silver coins over three decades, - it's just that U.S. silver is more frequently encountered. I cull the low grade silver as bullion. Examine each one, and build a date / mm set, with the best condition examples. The culls can be kept as a silver stasher, or recycled for the silver value. Easier to do this in Australia, because only a few of us here in Oz will collect American silver, in the same way as an American would. I prefer to do Mercurys, because the average price per coin is the most reasonable. Can't do that with clad coins! |
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Pillar of the Community
United States
8715 Posts |
Voted for Yes.  |
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Pillar of the Community
United States
840 Posts |
I'm a big fan of the Merc series and the reverse is especially nice. I don't think you'll get rich collecting them in the XF range but they look great in an album. And that's all I ever cared about. I'm not a dealer and I rarely sell coins so I won't argue about "value" but I do say they're particularly collectible. (It helps that they don't make them anymore!)
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Bedrock of the Community
United States
20753 Posts |
I still remember at a flea market there used to be a guy that sold coins. His price for Mercury dimes was $1 each. And if you bought a lot of them, his price would drop to .90 each. I used to buy hand fulls from him and he had no preference of dates or mint marks. I used to find 21's, 21D's, 26S's, and once an over date of the 42/41. Sure wish he came back but he vanished like so many others at flea markets. Those were the good old days. |
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Pillar of the Community
United States
3843 Posts |
I like Mercs. They are iconic and very beautiful in high grades. However they are with a few exceptions available in massive quantities when compared to earlier series. Lots of collectors but lots of supply too, so you need significant continuing demand to keep prices from falling.
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Pillar of the Community
United States
591 Posts |
Thanks everyone for your thoughts on this. Looks like we're hovering at just over 6 out of 10 in favor of this series being "particularly collectible". In hindsight, I realize this poll was very subjective and votes may very well be based just on folks preference for this design and their own collecting history. But that's ok, this was great discussion about a series that I've come to really appreciate. Quote:
I don't see the urgency to run out and buy one when compared to other series I collect...My view is why pursue a nice example when on any given day, I can go out and buy one for the same price I could have purchased it many years ago. I'm not 100% sure on this point MikeF, I think nice original examples in higher grades of most issues do exist, they are out there, but they are getting harder and harder to find. So I don't think it's necessarily as easy as "any given day". Quote:
better dates in VF/XF are hard to get over melt I'd be curious to know what "better dates" in VF/XF are going for $1.14 (current melt value) Quote:
I now have 12 complete sets. Or almost.  You must know this series inside and out Carl!! Quote:
It always comes back to, collect what you like. Try not to overpay for coins. I love this, absolutely true! Quote:
Voted for Yes. |
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Pillar of the Community
United States
772 Posts |
Quote:I still remember at a flea market there used to be a guy that sold coins. His price for Mercury dimes was $1 each. And if you bought a lot of them, his price would drop to .90 each. I used to buy hand fulls from him and he had no preference of dates or mint marks. I used to find 21's, 21D's, 26S's, and once an over date of the 42/41. Sure wish he came back but he vanished like so many others at flea markets. Those were the good old days. I would have bought everything he brought to the market, every time! |
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New Member
United States
27 Posts |
I like the idea of collecting beautifully designed coins like the Mercury dimes. |
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Posted 01/25/2019 04:59 am
