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 Replies: 19 / Views: 4,079 |
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Pillar of the Community
United States
1391 Posts |
I started out mostly as a silver stacker and then moved slowly into world coins. Now my love of coins is making me want to dip my toe into the water of American coins. I have a few American coins but they are mostly junk silver that I have put in 2x2's. There are a lot of nice looking silver coins that are 'junk.'  I recently purchased a SLQ Type 1 for my father for his birthday. A family member brought a coin book from 10 years ago by and we were comparing prices. Fun. Left us mostly wishing we could buy at those prices.  As I way laying in bed that night I thought it would be nice to have some high grade coins from our own times to pass on to my children/grandchildren if they care to own them. So I was thinking that the 1996 Westpoint Dime would be a good place to start. I see that I can get a MS67 from PCGS for about $35. That seems close to what my World Coins Catalog has them listed for. HOWEVER, I am less trusting of the catalog when when it comes to U.S. coins. I have the feel for a lot of world coins so I know that even though the catalog says $X I know it is more like $X - 30% or whatever. I can get a mint packages with the W dime in them for a lot less. But honestly I don't know if I can all the other coins in the set. And by the time I send it in for grading. Or should I just not worry about grading it? Any advice? |
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Pillar of the Community
United States
2602 Posts |
I think you can pick up an ungradedd MS63 ish 96-W dime for $13-16 range. Why does it need to be graded? Get an ungraded example and save yourself money. That is not a coin that is being counterfeited as far as I know.
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Pillar of the Community
United States
4132 Posts |
From the ones I've seen, the average '96-W in a mint set is nicer than MS63. They're not scarce enough that they'd be worth sending in for grading unless you think they're going to come back with a very high grade. $35 doesn't even pay for shipping and grading fees, let alone the value of the coin. If you want a graded one, just buy one that's already been graded.
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Pillar of the Community
United States
2150 Posts |
Quote:
If you want a graded one, just buy one that's already been graded  |
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Pillar of the Community
United States
2295 Posts |
The best way to find the best deal is to shop around and compare prices. If you have coin shows in your area, you are best to go there and cherry pick out a nice 1996 mint set.
And I agree with the others, if you want one graded, then buy one that is already graded, but there is no need to have a slabbed version of that coin, other than if you really want it slabbed.
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Bedrock of the Community
United States
17884 Posts |
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Left us mostly wishing we could buy at those prices. You could.....ten years ago. And ten years from now you will be able to look at the then current price guide and compare it to the 2012 guide, and you will wish "I wish I could buy at those 2012 prices." You can! NOW So what is stopping you? |
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Pillar of the Community
 United States
1391 Posts |
The only thing that is stopping me is a lack of knowledge for modern U.S. coins. World coins are easy, most of them are not slabbed and they are usually cheaper than catalog price. I am a firm believer in the whole be informed and then buy the coin. I see way to many people who come on here for the first time and say, "I bought this extreamly over priced coin I know nothing about but couldn't resist. Even though I am asking if I got ripped off I really want to be validated."
Based off the feedback, I think I am just going to get a non-slabbed one now and put in in a air-tite holder. My heirs can always send it to get graded if they want it.
Edited by allranger
05/29/2012 12:59 pm
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Pillar of the Community
United States
7840 Posts |
I don't factor in the cost of Top III TPG slabs when pricing a coin, it's their opinion that someone paid for, and I usually don't send in coins to have them slabbed, but I have in the past. Buying them already slabbed is another story! Edited by oih82w8
05/29/2012 1:04 pm
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Pillar of the Community
United States
1817 Posts |
The '96-W dime is not rare, and like the others suggested can be bought raw for $10-$15. If your grandchildren aren't into to coins, they won't see the significance of this coin and just regard it as an ordinary dime. If you're looking for something special to hand on later a modern proof silver dollar commemorative in PR69 or PR70 would do and they are unusual from the regular run of modern US coinage. |
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Pillar of the Community
United States
2150 Posts |
If you do plan to just go ahead and buy the '96 mint set be sure and make sure the "W" dime is included. It was packaged separately and more often than not I see mint sets at shows and shops where they have already been picked out.
Edited by jokingjoker
05/29/2012 7:12 pm
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Pillar of the Community
United States
1195 Posts |
I've got a different question about this coin, was it an NIFC coin or was it released into the wild?
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Moderator
 United States
187702 Posts |
NIFC. It was only issued in the 1996 Mint Sets.
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Pillar of the Community
United States
1770 Posts |
a good deal like others have stated is just to purchase the 1996 mint set ( of course make sure the dime is actually there)
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Valued Member
United States
70 Posts |
And be careful on ebay. I've seen quite a few mint sets for sale without the dime, but still have a high bye it now price that would be associated with the full set. |
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Pillar of the Community
United States
927 Posts |
This dime is not rare or even hard to find. But it is special because it is the only dime with the W mint mark. And the mint did not say in advance that it was including this dime with the set. It was a bonus coin. It would be nice to see the mint do something like this again.
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Pillar of the Community
United States
3278 Posts |
They kind of did, but not on purpose, when they sent the birthday sets in silver this year.
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Replies: 19 / Views: 4,079 |
Posted 05/29/2012 10:05 am
