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My Order Of Apmex Mercury Dimes Bag Brought Me...

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Pillar of the Community
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2540 Posts
 Posted 04/12/2012  06:41 am  Show Profile   Bookmark this reply Add TreasHunt to your friends list
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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 Posted 04/13/2012  02:02 am  Show Profile   Bookmark this reply Add macmercury to your friends list
@ 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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 Posted 04/18/2012  5:56 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list
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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 Posted 04/18/2012  7:32 pm  Show Profile   Bookmark this reply Add barryg to your friends list
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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 Posted 04/18/2012  9:50 pm  Show Profile   Bookmark this reply Add macmercury to your friends list
@ 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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 Posted 04/18/2012  10:26 pm  Show Profile   Bookmark this reply Add barryg to your friends list
@macmercury: I bought a $100 bag of Barber halves and another $100 bag of Walking Liberty halves. Nothing special in the Walking Liberty halves, but I did get them at a really great price so that's OK. I was primarily buying them as bullion.
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 Posted 04/19/2012  08:55 am  Show Profile   Bookmark this reply Add TreasHunt to your friends list
macmercury:

here ya go:

My-Order-Of-Apmex-Mercury-Dimes-Bag-Brought-Me...
Bedrock of the Community
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 Posted 04/20/2012  2:26 pm  Show Profile   Bookmark this reply Add just carl to your friends list
How much was that bag of Mercury dimes?
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 Posted 04/20/2012  7:23 pm  Show Profile   Bookmark this reply Add macmercury to your friends list
@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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 Posted 04/27/2012  08:45 am  Show Profile   Bookmark this reply Add Moe145 to your friends list
WOW! Nice finds!!
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 Posted 04/27/2012  9:41 pm  Show Profile   Bookmark this reply Add just carl to your friends list
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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 Posted 04/27/2012  10:56 pm  Show Profile   Bookmark this reply Add wrestling_135 to your friends list
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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 Posted 04/28/2012  06:56 am  Show Profile   Bookmark this reply Add macmercury to your friends list
@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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 Posted 04/29/2012  12:30 am  Show Profile   Bookmark this reply Add wrestling_135 to your friends list
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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 Posted 04/29/2012  03:58 am  Show Profile   Bookmark this reply Add macmercury to your friends list
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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