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 Replies: 20 / Views: 3,181 |
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Valued Member
United States
209 Posts |
Hello all! I haven't been on here in LONG time but I'm glad to be back! I'm looking to purchase more Mercury dimes to add to my collection, specifically key date's in high grades. I have about 7 Morgan silver dollars that range from VG to MS. I was thinking about selling those silver dollars and use the money to buy a really nice key date Merc. Would that be a wise investment or decision? Should I keep my Mint State Morgans and just sell the lower grades? Thanks guys for all input! |
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Moderator
 United States
188213 Posts |
Welcome back! It is always a good idea if you can replace something you do not like with something that you do. You like the better Morgan dollars, and would prefer the Mercury dimes to the lower grade Morgan dollars; I think you know what to do.  |
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Valued Member
 United States
209 Posts |
Thanks!
Morgan's are nice :D but I love Merc's more for some odd reason? I just don't want to make a dumb mistake and regret keeping them. I guess it also comes down to what I want now and in the future. IMO I think Merc's are the underdog. I will post the morgan's here if I do decide to sell them.
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Bedrock of the Community
13014 Posts |
I agree with Jbuck if you like something more go for it. Morgans are pretty common and silvers at a good place right now that the Morgans prices have been nudged up a bit
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Pillar of the Community
United States
4212 Posts |
Hey racer, I was in a similar situation once. I had about 7 or 8 (less than 10) Morgans in similar shape. That's how I scored my '42/41.
I've replaced the Morgans, actually nicer.
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Pillar of the Community
United States
1770 Posts |
cafe if mercs are your passion you basically answered the question yourself, my passion is Walking Liberty half dollars, so I've sold off plenty of morgans for upgraded half dollars so I definately understand your passion for one particular coin |
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Pillar of the Community
United States
5825 Posts |
Caferacer311,
Welcome back! You have come to a turning point in choosing what you want to collect as a whole, good to know there's more Merc Lover out there.
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Bedrock of the Community
United States
14454 Posts |
this is hard for me to say being a Morgan Collector myself, but If you are a dime collector and have Morgans I would sell them to get a Nice KEY date dime. The Key Date is always going to be a key date and going to appreciate in value throughout the years where a common date Morgan will not. Plus the Mercury dime will probably give you more enjoyment of ownership then the Morgans are doing as well since you like the Mercury dimes more than the Morgans |
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Pillar of the Community
United States
1704 Posts |
 Back!Quote:If you are a dime collector and have Morgans I would sell them to get a Nice KEY date dime. The Key Date is always going to be a key date and going to appreciate in value throughout the years where a common date Morgan will not. Plus the Mercury dime will probably give you more enjoyment of ownership then the Morgans are doing as well since you like the Mercury dimes more than the Morgans.  Ed ANA LM-3175 |
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Valued Member
United States
366 Posts |
Key date collectible vs. common silver coinage? Both can offer good return on investment over time but one is dependent upon collector demand, the other on silver prices. Tough call for short-term but for long-term, you'll likely have more fun with the collectibles.
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Pillar of the Community
United States
3486 Posts |
I agree with everyone. I have never regretted buying a VF 1885 nickel. Nor an 1895-O dime in AU58. Nor the 1913-s quarter in VG with eye appeal to die for! All three are keys and all gosh darn next to impossible to find. If Mercury dimes are YOUR passion, Caferacer311, then sell off anything that is not and search out those elusive high grade keys. Within the last year and a half I have sold the following: Buffalo nickels - complete set TWO Mercury dimes - complete sets And common 90% silver. Also, if you can track down these dimes locally then offer to make a trade for what you have. Doing cash and trade deals was completely successful for me last month at the NH Coin Expo. The better investment? INVESTING IN WHAT GIVES YOU JOY! Any monetary increase is just a nice, fringe benefit. |
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Valued Member
United States
102 Posts |
If you're asking if you should sell, you should sell. I've never regretted upgrading to something I like more when deciding to sell.
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Valued Member
United States
209 Posts |
Thanks all for the great tips! :D I really appreciate it. So I have come to the conclusion to sell some of my morgans and new american eagles. If I can afford it I would like to get a 1916D Merc in "G" grade or a 1920's really high MS grade Merc. Ill list my coins here that I will be selling, maybe you guys can give me an estimate of what I might be able to get out of them.
New American Eagles
-1998 P
-2000 P
-2001 P
-2002 P
-2003 P
-2005 P PCGS Graded First Strike Gem BU
-2007 W Proof With Case/Box
Morgan Silver Dallers
-1921 P AU-58
-1897 P EF
-1889 O VF
-1884 P VG
-1880 O F
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Pillar of the Community
United States
1903 Posts |
My estimate $500 in value tops
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Valued Member
United States
209 Posts |
Sounds good! Some of the Morgans I have some sort of VAM variety, some letters look double stamped and also the numbers, I'm not sure if that makes it more collectible. Edited by Caferacer311
10/17/2012 11:34 pm
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Valued Member
United States
209 Posts |
I'm looking for a 1916d dime or a proof merc, what do you guys think or what would you recommend?
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Replies: 20 / Views: 3,181 |
Posted 10/16/2012 6:11 pm
