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 Replies: 10 / Views: 1,817 |
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Pillar of the Community
United States
521 Posts |
I'm currently looking into buying some Mercury dimes. I've been reviewing grading and checking different prices. I'll be starting with common dates, mid-grades I think although it does look like some of the higher graded common dates are affordable I've never bought any these. Are there any tips you have for this specific type of coin? Thanks |
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Pillar of the Community
United States
1590 Posts |
Shop around. Most of the late dates can be had in BU for around melt. For most of them $3 to $5 is the most I would pay. Most of the "P" coins for the entire series can be had in BU for under $8 each if you shop wisely. You would probably pay more for anything before 1924P, but not much more. Get the rest in the grades you mentioned and then upgrade bit by bit. Selling the old one to help pay for the new one. Good luck!!
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Pillar of the Community
United States
5830 Posts |
This depends on where you located, a short set of AU-BU Mercury dimes from 1940-45 PDS can be find inexpensive, the P's from 1934 are still affordable in AU, except the D and S cost more depend on grades. And more for FB designation, the 45-P in FB will break most collectors bank. I suggest the PCGS photograde site to study the grades in this series. |
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Bedrock of the Community
United States
20753 Posts |
So much depends on where you live and where you go for coins. By me there are flea markets with coin dealers that sell Mercury dimes for from $2 to $10 for common dates. Naturally pending condition. At many coin shows similar prices but better selections. I would suggest starting out with common dates and common grades. Slowly attempt to find higher grades for those. At some coin shows I've seen almost completed Albums of those for sale. |
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Pillar of the Community
United States
4337 Posts |
a great choice for putting a series together. jmkendall offered the most sound advice. take your time, shop around. scoop up UNC 40's and 30's, all mint marks. this is a great place to start. it's what I just completed and it was a GREAT adventure.
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Valued Member
United States
366 Posts |
I agree that common date UNCs are available just slightly above melt value. You shouldn't have to pay a premium until you get into the higher grades. Also depends on what your long-term objectives are... if you want to complete an Unc set (with maybe a couple of exceptions) for a Dansco album, develop a good eye and buy eye appeal coins. If you are thinking this is an investment, then you might want to stick with high grade PCGS and NGC coins. Great series. Have fun!
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Valued Member
United States
168 Posts |
I would suggest that you not get hung up on attempting to purchase full band (FB) coins. One can still find very well struck dimes without FB and, perhaps in a bit of irony, some FB coins are actually weakly struck in many other areas. Buy nice coins.
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Pillar of the Community
United States
4416 Posts |
If you start with the common dates, consider forming a "grading set" that you can study and use to compare future purchases and upgrades. Try acquiring a full rim GOOD, VG, FINE, VF, XF, AU, and UNC with and without those full, split bands. You can always upgrade those lower grade, common dates at a later date. An additional goal or strategy to apply when forming this collection might be to form a year set; one coin for each year of issue.
Regardless of your path, best wishes in this pursuit!
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Valued Member
Germany
138 Posts |
Lots of good advice here. CCF is awesome!  I have been working on a Mercury dime set for a while in XF or better grade. Most of the later dates (1934-1945) can be found fairly easily in BU condition. But some of the later dates with S or D mint marks can be a little harder to find in BU. Some of the earlier dates from Philadelphia can be found in great condition fairly easily as well. Are you planning to eventually collect the less common dates? The 21 and 21D can be found pretty easily in Good or Very Good condition for not too much (maybe around $50 or so). Although those conditions may be too low for your tastes. |
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Valued Member
United States
187 Posts |
If you are going to buy Mercury dimes in mid and higher grades because you like them, that's good. If you want to build a set with no holes in the book, you may want to look at the prices and availability of the key dates of this series. The key dates 16-D, 21, 21-D, 26-S and the 1942/41 can get very expensive in higher grades. I was lucky to find a certified lower grade 16-D before starting my set. |
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Pillar of the Community
United States
1704 Posts |
Quote:
The key dates 16-D, 21, 21-D, 26-S and the 1942/41 The 1942/41 P and D over dates and the 1945 Micro S mint mark are not part of a regular set of Mercury dimes. These are varities which are desirable for those collectors who want all of the regular issues plus varieties. They are not necessarily must have coins. Ed ANA LM-3175 |
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Replies: 10 / Views: 1,817 |
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Posted 12/21/2012 06:46 am
