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Toned 1945 Mercury Dime & Pricing Confusion

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Pillar of the Community
United States
4132 Posts
 Posted 11/01/2018  2:29 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list
I think significant premiums make more sense in series that are rarely found with excellent toning (for whatever reason, I have a really hard time finding SLQs with colorful toning). Mercury dimes are not one of those series (nor are Morgan dollars, but people still pay crazy money for them).


Quote:
Agree with IGE - Beautiful Mercs like this are few and far between, just like all silver from this era. It wouldn't surprise me to see it sell.

I'm a specialist in toned Mercury dimes; trust me, they are common for common dates. They should carry only a small premium.

I paid below Numismedia for this NGC MS67 example (with blinding luster):
Toned-1945-Mercury-Dime-&-Pricing-Confusion
1945 Mercury Dime by CaptainFwiffo, on Flickr
Edited by CaptainFwiffo
11/01/2018 3:02 pm
New Member
United States
30 Posts
 Posted 11/01/2018  4:08 pm  Show Profile   Bookmark this reply Add Playadelrey to your friends list
Thank you all for the interesting comments. I'm amazed at the collective knowledge provided here, and being new to coin collecting I can really begin to paint a clearer picture for myself about coin collecting as a hobby - but also within the context of a open marketplace.Thank you.
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18456 Posts
 Posted 11/01/2018  5:02 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list
I'd like to know what that coin was graded at . Whatever it is , I'm not a fan of that kind of toning .
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 Posted 11/01/2018  5:08 pm  Show Profile   Bookmark this reply Add Playadelrey to your friends list
PCGS MS-66
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 Posted 11/01/2018  9:21 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list
With that Fasces ?
Pillar of the Community
United States
5833 Posts
 Posted 11/01/2018  9:41 pm  Show Profile   Bookmark this reply Add macmercury to your friends list
For me its the overall strike that count, follow by appearance.

I like light toned coins, but not heavy tone one's, OP example is a heavy toned example and I would passed as Captains suggest, look for some other instead.
Bedrock of the Community
United States
11898 Posts
 Posted 11/01/2018  11:03 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list
people are free to buy or sell at whatever price they want. you should always pay what you think something is worth and be willing to walk away if it is offered for more than you are willing to pay. I always regretted it when I didn't follow this mantra.

should you be wary? I don't think so. just know what a coin is worth to you and stick to it.
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18456 Posts
 Posted 11/02/2018  07:41 am  Show Profile   Bookmark this reply Add T-BOP to your friends list
Excuse me ,but can someone explain to me how an MS-65 Mercury dime have a reverse fasces that looks so lousy ?
JustCarl , can you chime in ?
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20753 Posts
 Posted 11/02/2018  09:10 am  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
Excuse me ,but can someone explain to me how an MS-65 Mercury dime have a reverse fasces that looks so lousy ?
JustCarl , can you chime in ?

NO. As a person with well over 4,000 Mercury dimes and mostly in now 12 Albums, I'm a disliker of toned coins. I really like coins the way they were made. However, we must all remember that there are many different types of collectors of coins. Variations in types of collections are numerous in all types of hobbies. Cars, for example. Some like one type and others just don't. Same with Art, Furniture, etc., etc. With coins, there are people that love toning and will ignor imperfections such as the reverse problems with that coin for the excessive toning. Such is the reason so many people are making all sorts of artificial tones to coins. Also, I prefer Full Bands on Mercury dimes and that one is far from that.
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 Posted 11/02/2018  11:17 am  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list
The reason the fasces look so bad is because it's a 1945 and they almost always have a really poor strike. Fully struck 1945 dimes are *rare* and FB examples reach into 5 figures for gems. But TPGs don't consider strike when grading, so that's up to the buyer completely. I'm not going to pay that for a date as common as 1945, so I went the opposite route and have one that is a good representative of how poorly the date is made. But normally I am picky about strike.
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 Posted 11/02/2018  9:23 pm  Show Profile   Bookmark this reply Add macmercury to your friends list
Its hard to find a good reverse on 1945-P, mint state example are mostly poor struck.
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 Posted 11/02/2018  9:36 pm  Show Profile   Bookmark this reply Add Ballyhoo to your friends list
Could not agree more with T-Bop. The lack of obverse hair detail, the lower horizontal band smooth, the olive branch blending into the fasces on the reverse. A low AU. And that would be generous at best. PCGS missed on that grade. A counterfeit slab?
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There are no problems only solutions - the late, great John Lennon
Pillar of the Community
United States
4132 Posts
 Posted 11/02/2018  10:26 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list
There is no point in counterfeiting a slab for a 1945 dime. They just are struck that poorly.
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13014 Posts
 Posted 11/02/2018  11:48 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
PCGS missed on that grade..


No they didn't. There's a reason why FB examples for that date cost several thousand even in low MS and 5 figures in 65 and up
Bedrock of the Community
United States
20753 Posts
 Posted 11/05/2018  07:46 am  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
Fully struck 1945 dimes are *rare* and FB examples reach into 5 figures for gems.

Not really true. I've already purchased one for as low as $12. Another one for a little over $200. They are not as rare as people say they are. True according to statistics only about 2% of all 1945 Mercury dimes had FSB's. But that is 2% of almost 160,000,000 so there are lots of them out there and in high grades too. Since this is not a highly publicized fact, even many dealers at coin shows do not know that those types of Mercury dimes may be expensive. Some time ago I printed out a story about this and gave copies to some dealers I know at coin shows and they all were fascinated by this fact. They are just not as rare as people think.
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