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Replies: 22 / Views: 11,027 |
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Pillar of the Community
United States
2540 Posts |
Great find.
I found one years ago in a junk silver batch.
Several dealers told me that I was wrong.
Now sitting in an NGC XF-45 slab, also CAC'ed.
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Pillar of the Community
 United States
5838 Posts |
@ TreasHunt,
XF-45 is tough to miss! Those dealers must have some kind of impairing vision, or maybe trying to buy cheap off of you. Do you have pictures?
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Pillar of the Community
United States
4541 Posts |
so what is the inverted S worth? I found one that is like the first one you had a few years ago
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Pillar of the Community
United States
5866 Posts |
Sweet! I may have been the one who inspired you, after finding a 1897-0 Barber half in my $100 face value bag. If so, I'm thrilled you also had some good luck!
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Pillar of the Community
 United States
5838 Posts |
@ davisfad, I honestly don't think that is worth much, "ARSAVE" another forum member has one graded MS-63 by PCGS is selling for $300, if yours is in similar condition than I think it would be much less, although this can change if there's demand for it. @ barrg, Nice find! I think I got lucky with my bag also, but I will have second thoughts about buying another bag any time soon from APMEX. Have you bought any more bag(s) from APMEX?
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Pillar of the Community
United States
5866 Posts |
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Pillar of the Community
United States
2540 Posts |
macmercury: here ya go: 
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Bedrock of the Community
United States
20753 Posts |
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Pillar of the Community
 United States
5838 Posts |
@Just carl, Including shipping, it was around $2605 for the thousand dimes, but silver came down after I ordered, could have save around $50-$75 if I waited another day. So doing the math, it cost $2.60 and a Half Cent each. If I have paid in cash, a 3% discount would of apply.
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Pillar of the Community
United States
8904 Posts |
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Bedrock of the Community
United States
20753 Posts |
WOW is right. At about $2.60 each that is a lot less than most places are selling really common, beat up ones for. Even at a flea market I go to any Mercury dime goes for $3.00+ now.
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Pillar of the Community
United States
802 Posts |
So with the numbers you are saying (and looking at the APMEX site) you are paying $200 over melt for the mercs. Do you think that is worth it? If you had to resell those, could you sell them over spot? I know you got lucky with finding two good ones, but if you didn't find those two, then was it worth it?
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Pillar of the Community
 United States
5838 Posts |
@wrestling 135, Short answer. No! The slightly longer answer is that I as I stated before, I prefer in this case invest in conventional silver coins vs. silver bullion rounds or ASE, or what other type of silver. I was hoping for the odd chances that I will find something from this lot that I didn't find in others, I have also pay lots of the same quantities for half the price when silver was low, and sold it for almost double, so I didn't put much into it. I have found a few more within this lot that are good also besides the ones shown. I will post those when I get the chance to take pictures, proxy season continues, and I'm just getting back from 14 hours of work.
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Pillar of the Community
United States
802 Posts |
So if you had another $1,000... would you get another bag of mercs like you just did or would you get it in 90% half dollars at spot... if you had the choice?
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Pillar of the Community
 United States
5838 Posts |
 The thousand dollars question! First thing that came up was I really like those gold 2012 design Panda, one thousand dollars wont buy an oz., but 1/2 oz. is good enough and maybe 2 more 1 Panda oz. silver. I think I just got side tracked. 
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