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Mercury Dime Collectors

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shatsi's Avatar
United States
1541 Posts
 Posted 10/10/2005  10:24 am Show Profile   Bookmark this topic Add shatsi to your friends list Get a Link to this Message Number of Subscribers
I was at a coin show on Saturday & I loved the Mercury dimes. I was wondering how expensive it would be to have an unc collection going? I already have set of Morgans and Franklins going so it take up most of my $$. What should I look for in a dime? Can I go by the Red Book?
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Metalman's Avatar
United States
7123 Posts
 Posted 10/10/2005  10:52 am  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Hi Shatsi

Merc's are my passion !!! its not really that bad to put togehter an UNC collection minus the keys,those in unc are about a years wages each !!

look for dimes with a natural appearance, check them carefully for cleaning with a pretty strong loop,hairlines, clean fields with a dark or mint luster around the devices is a no no !!

Full bands on the torch in a higher grade are what you are looking for, in slabbed examples these can range from 30 bucks well into the hundreds, but raw can be had at very reasonalbe prices if your selective and shrewed!!

I will post a pic or two when I get back from the Hospital, taking my wife in for some screening tests !

Rick
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shatsi's Avatar
United States
1541 Posts
 Posted 10/10/2005  10:56 am  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
Thank you Rick, I prefer collecting raw coins unless they're very expensive coins.

Waiting for your pics!!
Rest in Peace
catman's Avatar
United States
954 Posts
 Posted 10/10/2005  12:00 pm  Show Profile   Bookmark this reply Add catman to your friends list Get a Link to this Reply
Hi Shasti,

I have collected Merc's for years and really love the design. Do you know what all the symbols on the dime mean.?

Instead of using the RedBook fro a price guide I would recommend you use the monthly supplement that comes in " Coin World". A lot of the forum member subscribe to this paper as it provides a wealth of information to the collector. Maybe you should look into it unless you are already subcribing.

catman
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shatsi's Avatar
United States
1541 Posts
 Posted 10/10/2005  12:11 pm  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
Catman, pls check your mail.

I do receive the CoinWorld. Will refer to it. Right now I don't know what the symbols mean. I'm going to research on it and the history.
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 10/10/2005  12:28 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
This information is paraphrased from the Breen Enclyclopedia of US coins:

The Winged Liberty dime was designed by Adolph Weinman. Many people mistook the design of Lady Liberty with a winged cap as the Roman god Mercury. This is why it's often referred to as the Mercury dime.

The Roman fasces on the reverse is believed to be symbolic of the United States' entry into WWII. The design has an executioner's axe bound within a group a rods. This is commonly interpreted as "the power of life or death"; in practice, it means the power to kill or to make one's victim wish he were dead. In ancient Roman law, it meant the power to kill mercifully by a blade or mercilessly by the rods. It is felt that the symbolic message that Weinman was trying to express was something like, "The USA can instantly punish with any penalty up to and including death, therefore beware, enemies of liberty!".
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shatsi's Avatar
United States
1541 Posts
 Posted 10/10/2005  12:39 pm  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
Very interesting, thank you susan.
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United States
2724 Posts
 Posted 10/10/2005  2:52 pm  Show Profile   Bookmark this reply Add national dealer to your friends list Get a Link to this Reply
quote:
Originally posted by shatsi
how expensive it would be to have an unc collection going?


Currently a full date/mintmark set with the major varieties of 1942/41 and 1942/41-D and 1945 Micro S would set you back roughly $22,000.00

Now if you build a set of VG to Fine, you would look at something near $2200.

One key part of assembling a set is a uniform appearance. Too often collectors will put UNC coins mixed with low grades and the set looks a bit off.

There are 5 key coins in the Merc series.

1916-D
1921-P
1921-D
1942/41
1942/41-D
Pillar of the Community
shatsi's Avatar
United States
1541 Posts
 Posted 10/10/2005  2:58 pm  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
quote:
Originally posted by national dealer

quote:
Originally posted by shatsi
how expensive it would be to have an unc collection going?


Currently a full date/mintmark set with the major varieties of 1942/41 and 1942/41-D and 1945 Micro S would set you back roughly $22,000.00

Now if you build a set of VG to Fine, you would look at something near $2200.

One key part of assembling a set is a uniform appearance. Too often collectors will put UNC coins mixed with low grades and the set looks a bit off.

There are 5 key coins in the Merc series.

1916-D
1921-P
1921-D
1942/41
1942/41-D


I definitly don't have $22,000.00[:0]

I was planning on doing exactly what you mentioned, unc and lower grades on key dates. Guess I have to stick to VG to Fine then. I'll probably do a collection of diff mint marks for each year without focusing on the varieties for now.
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United States
2724 Posts
 Posted 10/10/2005  3:22 pm  Show Profile   Bookmark this reply Add national dealer to your friends list Get a Link to this Reply
In grades of VG to Fine the varieties are actually rather cheap.

$460 to $500 for the 1942/41 and "D"

The 16-D jumps considerably in Fine at $1800 to $1900 but in VG this coin is still about a grand.
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Metalman's Avatar
United States
7123 Posts
 Posted 10/10/2005  8:55 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Hi shatsi

I will post some photos as soon as I get a chance!!

My wife has been kind of a handful,,as she is dealing with the aftermath of the screening tests today!

Rick
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shatsi's Avatar
United States
1541 Posts
 Posted 10/10/2005  10:37 pm  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
Don't worry about it Rick, I'm not in a hurry.
New Member
JPerry's Avatar
United States
25 Posts
 Posted 10/10/2005  10:39 pm  Show Profile   Bookmark this reply Add JPerry to your friends list Get a Link to this Reply
here are a few to look at. Have a nice evening

Image: Mercury-Dime-Collectors 1944 S Obv 1.jpg
68.83 KB

Image: Mercury-Dime-Collectors 1944 S Rev 1.jpg
79.9 KB

Image: Mercury-Dime-Collectors 1945 S Obv 3.jpg
64.99 KB

Image: Mercury-Dime-Collectors 1945 S Rev 3.jpg
70.97 KB
Pillar of the Community
shatsi's Avatar
United States
1541 Posts
 Posted 10/10/2005  10:41 pm  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
Beautiful coins Jerry, thank you.
Valued Member
adobero1's Avatar
United States
363 Posts
 Posted 10/10/2005  11:10 pm  Show Profile   Bookmark this reply Add adobero1 to your friends list Get a Link to this Reply
According to a fairly recent Greysheet, you can get an uncirculated "short" set of Mercs (1941-1945, all dates and mints except for the overdates and micro s) for around 100 bucks or a little more. I bought such a set a few years back at an auction in a Capital Plastics holder. It makes a nice, eye catching little set and isn't too expensive!
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Metalman's Avatar
United States
7123 Posts
 Posted 10/10/2005  11:57 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Hi Shatsi

Sorry for the delay !!

But I'm grateful for having to get these out!!

The 1935 did not have the black spot on its cheek when it was put away!!

anyways 1935 and 36 both full band .

Image: Mercury-Dime-Collectors DSCF1488~1.jpg
38.99 KB

Image: Mercury-Dime-Collectors DSCF1490~1.jpg
39.87 KB

and one with a little color just for fun

Image: Mercury-Dime-Collectors DSCF1433~1.jpg
36.59 KB

Rick
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