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 Replies: 19 / Views: 2,839 |
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Pillar of the Community
United States
2661 Posts |
I would say go ahead and send that baby in. That is one of the nicest Merc's I have ever seen.
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Pillar of the Community
United States
3345 Posts |
doesn't look cleaned to me, but there seems to be some spots on the coin that blend in with the surface. I don know what they are but I'd say MS 66
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Bedrock of the Community
United States
20753 Posts |
For the $8 you really got a great coin. Regardless though, sending it in for grading may not be the best thing. If it came back MS-64, or -65 even, you would still have a great coin but would the extra cost of grading and slabbing be worth that. Do you think you could sell if for enough to pay for that service. Of course at the price of $8, no matter what you pay for the slabbing, you should still come out ahead.
Ever wonder where coins like that have been for over 70 years?
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Pillar of the Community
United States
5854 Posts |
I could see this coin making MS-66 or 67 but its a little hard to tell from the photographs since in these grades only a few small marks is enough to affect the grade by a lot.
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Pillar of the Community
United States
5832 Posts |
I unable to see the full band from the glare of the photos, if you can adjust the lighting or decrease the exposure setting and upload larger images.
As it is now, I can only guess that it's definite a MS grade.
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Bedrock of the Community
United States
14454 Posts |
I don't think it would be worth the grading fee's myself. I bought a bunch of graded MS-66 and ms-67 (mostly graded 66's) common date Mercury dimes last year some time when I was on a mercury kick for around 20 bucks a piece and most of these were from Teletrade and Heritage not ebay. I am not sure if they just do not have the following allot of the other classic coins have or what. |
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Pillar of the Community
United States
2120 Posts |
Very gorgeous, but I dont think slabbing is worth it. I would buy an Air-tite and call it a day.
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Bedrock of the Community
United States
20753 Posts |
Quote:
I am not sure if they just do not have the following allot of the other classic coins have or what.
I think they really do but do to the really high mintages and by this time in the 40's, many coin collectors were emerging and that coin is one of the ones collected. Some with well over 100 million minted and during the 40's, lots of those were just put into collections. I know I did back then. And almost any in the 40's were and still are common. A few years back, prior to this Silver price boom, almost any Mercury dime in the 40's were selling for $1 or less. |
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Pillar of the Community
 United States
1704 Posts |
Here is some slightly better pictures. They don't show well in the photo but the bands on the reverse are fully separated. What appears to be flecks on the dime are on the outside of the 2x2. This coin must be in hand to really see how well struck and clean it is. I just don't have the equipment or experience to photograph it in all its glory adequately. Well, I didn't expect about the same number of members saying yea as nay to sending it in. I suppose a bit more research as to whether the added cost is outweighed by the value gained as mentioned by Bryan1315 is warranted. It is a keeper whichever way I go, any bids anyone? Just kidding! Ed ANA LM   -3175 |
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Moderator
 United States
23522 Posts |
Um, yeah, it's a keeper.  Grading Gem and better Mercurys from photographs is difficult, though. They are graded on a tough scale (as pure an implementation of "traditional" grading as TPG's do), and their size means you'd have to duplicate the very finest photography ever posted here for any hope at an accurate estimate of an MS65+ coin. Which yours certainly is, but I can't go any further without near-microscopic details. 67 is the point at which I'd consider slabbing justifiable. The TPG's have slabbed over 500 in that grade; it's not unachievable. Heck, there are a few 1941-S MS68's. |
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Pillar of the Community
United States
5832 Posts |
Ah yes. Much better pictures. If it was the Large 'S' variety, I would definitely send in to TPG. Side note: A fair number of this year has semi-proof like appearance, so its a decent price that you got it for $8 and its Full Band. It should easily fetch between $25-50. If it grade at MS65-66. MS 67 is around $250 for the small 'S'. Large 'S' with FB demand a significant premium. Edited by macmercury
07/24/2011 11:19 pm
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Valued Member
United States
455 Posts |
Congratulations on your new edition! Your dime is incredibly nice full of frosty luster. I would go ahead and slab it.
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Bedrock of the Community
United States
14454 Posts |
when I say a coin is not worth the slabbing fee this is usually the reason I say it. I look at what the coin usually brings raw in that condition. Then I will look at what graded versions sell for in the highest grade I think possible and two that it should definitely grade. Then I think of how much it will cost to have slabbed including shipping both ways. Usually if a coin is not worth 150.00 or so its not worth getting slabbed for resale, but if its something that is wanted just for protection because the coin means something to the owner I can understand where they would want to send it in anyway even though there are some other options that could protect just as much for far cheaper prices than slabbing would cost
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Pillar of the Community
United States
5832 Posts |
When I started my coin collecting career, I bought a MS 1936 Merc for $20 from an elderly retired dealer selling at his leisurely time. I didn't even know what full band means at the time. Dealer who sold it to me didn't even bother to take a loop out to look at it, as he was probably far sighted. He was looking a it arm length.
And as I got more involved I join the NGC society, it came back with a designation of MS-67 FB. Talk about real luck!
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Moderator
United States
23522 Posts |
Quote:
And as I got more involved I join the NGC society, it came back with a designation of MS-67 FB. Talk about real luck! Heh. Hello, 15x value gain. |
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Posted 07/24/2011 09:32 am
