Wanna See Something Horrific?

As long as someone gets enjoyment from it I can't see a problem. The more coins that leave the pool the more valuable the remaining ones become. Also the harder the hunt becomes which for me is just as much fun as the acquisition.

As long as no key or semi-key coins were used, then that necklace as early 20th century Navajo jewelry is worth more than the value of the coins.

Very interesting item! I like it. But as stated above by far too expensive.
Islamic coins ended most of the time as jewels.
In Germany they used to produce tankards out of big silver coins. These are generally sold at higher price than would the coins on them at auctions.

As a coin collector, I see your point, but what you are criticizing is a piece of Indigenous art made when Navajo silversmiths had only available to them the silver from circulating coinage. These squash blossom necklaces are taken historically from the vestments of Spanish conquistadors and are highly prized as jewelry and one way to display one's wealth. This is the metal equivalent to shell and bead necklaces, also used in trade, as "horrific" as it looks, coins are simply valued differently in a culture not your own, and should be appreciated for its difference, not shunned because you don't happen to agree with its use. Americanese is NOT the only culture on this earth.

On principle I agree with you, Jedichef, as a numismatist, but as a cultural artifact I am fascinated by the fact that Navajos saw silver coins as wealth to be worn as personal adornment based on the history and traditions of their culture, which we need to respect even though it is a sad descration of 100 Mercury dimes. Let me tell you what the difference between the culturally significant squash blossom necklace (which is well worth the $2250 asking price, since the piece has 8 walkers, a Peace dollar and the aforementioned $10 worth of dimes, and is a museum quality piece) and the gold bracelet made from 10 Bela Lyon Pratt quarter eagles soldered together that I inherited from my mother, TWO of which were 1911-Ds! The former may have lost all of its numismatic value, but its cultural value is almost priceless, whereas my poor bracelet is probably just worth scrap at this point. This is the point I'm trying to make to you, that there are differences based on the cultural shift, and what of coin collecting but based on commerce from the needs of the dominant culture? To divorce the two would be to take your dimes completely out it's context and thus rendered meaningless and irrevelent. Just my Two Cents, I'm not aiming to start an argument with you, but your post was certainly thought provoking!

As they say,beauty is in the eye of the beholder and id much rather see someone make jewelry with the coins than take a blowtorch to them

As a new member here, I appreciate the insight behind everyone's comments and thoughts. It looks like I'll be learning from experts. Thanks.