Mercury Dime Bullion

IMO Talk about politics! The bill was introduced by Rep. Rehberg (R) from Montana because, one of the only producing palladium mines in the US is in Montana. There was more information on this in an article in the magazine "COINage" a while back. Let me look it up and will add to this post.
I have not heard of any new information.

Regardless of the political motive for producing palladium coins, most coin collectors would be thrilled with the idea of a new type of PM coin available from the US Mint. I know that I certainly would. I would also like to see some fractional ounce coins made of palladium. I don't know if fractionals are included in the legislation that authorizes palladium coins but it would be very nice if some were produced.

I think the current field of US coins is already too cluttered. In order to keep up with every year you have to acquire dozens of coins as it is.

"H.R. 6166, introduced by Rep. Denny Rehberg (R) from Montana on September 22, 2010, stipulates that each Palladium Eagle coin would be struck in .9995 fine palladium, weigh one troy ounce and have a denomination of $25".


One ounce of Palladium.... that sounds a little big and pricey. How about a .25 ounce piece. That would be a little closer (somewhat larger) in size to a 2.5 gram silver dime (.0321507466 x 2.5 = .081 ounces) since Silver and Palladium are close in density.

Metal....... Density (Specific Gravity)
Gold........ 19.3
Silver...... 10.5
Platinum.... 21.4
Palladium... 12.0
Copper...... 9.0

"A little odd"..... yes JSH that was my first impression. But then my experince reminded me most of us who have a passion for Coins are all a "Little Odd".

So JBuck.... don'worry about it.

Jbuck: I've not seen a lot of the name calling referenced in your second example. To me, most political discussion has been related to issued. That's just me, I'm not the moderator. We play by your rules.

As to the number of coins and new designs, I'm on the other side. I like to see new designs each year. I don't see much point in collecting the same coin year after year. I know some people like to do that but I'm not one of them. I would much rather collect a nice example each coin design regardless of year.

I expect to see the palladium coin available in 2012. With the current PM market, I can't see the market study showing no market for a palladium coin. Right now you jump from a $50 Silver Eagle to a $2000 Gold Eagle. I can see a market for a coin in the $750 dollar range.

I wouldn't mind owning some palladium I just haven't found a design that really grabs me. The Mercury dime would be an instant success in my opinion.

Perhaps not... but Dr. Seuss made quite a fortune out of it!



Same here and I agree about the winged Liberty (aka Mercury) dime design. A 1/2 ounce Pd coin using the Walking Liberty design would be pretty cool too.



Lots of collectors do not "keep up with every year". Doing that kind of seems as if we are letting others tell us what we should collect. If an item of silver bullion appeals to me, I collect it. If not, then I don't.



And we have a WINNER at hitting the old nail right on the head! Most of the bullion and many of the coin collectors I've met are definitely outside the box thinkers. I suppose that makes keeping us in a box a bit like trying to herd cats but... that sure seems to be the nature of the beast.



While they are doing their study, they might consider asking the nice folks at the Royal Canadian Mint how their Pd bullion coin sales are doing. That would inject a bit of actual hands-on real-world market experience into what otherwise might be a dry theoretical study of this issue.