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 Replies: 19 / Views: 3,110 |
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Valued Member
United States
386 Posts |
I recently purchased a 1941 non-slabbed MS64 Mercury dime for $8.00. Many other dates at my LCS are similarly priced. What are your opinions about the growth potential for Mercurys--are they sleepers? |
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Pillar of the Community
Canada
3167 Posts |
Sleepers.  (Except maybe high MS grades.) Too many around, value dependant on price of silver. Never the less, fun to collect  Edited by noahs-numismatics
02/09/2013 11:12 am
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Pillar of the Community
United States
5826 Posts |
It all depended on mintage, but during the silver boom, how many of these are melted, that no one knows for sure, but at the present time, there's seem to be enough for most collectors of this series.
The 40's are still in abundances in MS (except for MS grade 67 and higher), even the late 30's are still plenty for most collectors, it is when is year 31 and below that the S and D Mints are typically less available in higher MS that the cost factor hits the pocket book, some of the Philly Mints are still affordable to purchase in MS in the teens and twenty.
The key is the S and D Mints for the teen and twenty's, if you can buy them for cheap, I would hoard those in grades of EF and above, that is also if I have deep enough pockets.
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Bedrock of the Community
United States
20753 Posts |
Not a sleeper by any means. Lots and lots available everywhere. Of course since it is one of the most collected coins, that may someday make them all valuable. But for now, many in average grades sell for about $3/each. Some less. As an example note the 31D and 31S with a little over 1 million made and yet nothing big in value. Even in MS-65, only a few hundred dollars. Just to many produced.
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Valued Member
 United States
386 Posts |
Good information. Thank you. Still, a beautiful coin and I'll see where I go with it.
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Valued Member
Germany
138 Posts |
I agree with everyone else's postings. Yeah, the later dates are affordable in high grades, but there is a reason for that. So many have been saved and collected over the years. Mint marked mercs before 1931 are harder to come by in decent shape, as well as the 1921 from Philly. So perhaps there is an opportunity there, but they already cost quite a bit.
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Pillar of the Community
United States
1704 Posts |
Yes, they are a buying opportunity right now but don't be buying them for investment purposes. FSB Mercury dimes have been slow moving for a couple of dealers I know whose prices are quite reasonable. It's a beautiful series and you can go full series (expensive), or either of two short sets, 1934-45 or 1941-45. Whichever you decide to collect Mercury dimes they will make for a nice addition to your collection. Ed ANA LM-3175 |
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Pillar of the Community
United States
2311 Posts |
I believe Mercury dimes are kind of junk silver. I seen so many of them counted as junk silver in bags. Just maybe MS-65 might make a few more bucks off them. |
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Valued Member
United States
386 Posts |
Gyrene, the short set sounds like a good idea. It is a beautiful coin and would be nice to have as a representation of some of the best of US coinage. |
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Pillar of the Community
United States
1704 Posts |
blackjack, I am filling a Capital Plastics Mercury dime holder 1934-45 which has a blue center panel and the dimes look awesome in it. This holder is no longer in production I found it on ebay at a very reasonable price. The 1941-45 short set is still available in white, black and blue and is easy to find online.  |
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Valued Member
United States
169 Posts |
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Pillar of the Community
Canada
3167 Posts |
WOW! That is a really cool holder!
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Pillar of the Community
United States
2311 Posts |
True, it's a nice coin holder. But I wouldn't use it though. I like my coins in small holder, lol.
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Pillar of the Community
United States
1704 Posts |
Quote:
True, it's a nice coin holder. But I wouldn't use it though. I like my coins in small holder, lol. This is a small holder it's only 8 inches wide and 6 inches tall, smaller than any coin album by Dansco, Whitman, or Littleton and about the same size as any coin folder. Ed ANA LM-3175 |
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Valued Member
United States
98 Posts |
At this point, I see the values of rare coins rising. I don't see the value of the common coins going anywhere special. Even in the higher grades, the Mercury dimes from the 1940's are common. |
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Pillar of the Community
United States
1536 Posts |
Four of my Mercury dimes I found roll searching. They are fun to find that way. Most of the collectable coins are either rare dates or mint states coins. I always keep the year I need whether I find it in a roll or buy it as part of a lot or as bullion from the PM shop. If I don't need the year, it goes when silver spikes. I am the same way with silver Roosies though. |
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Replies: 19 / Views: 3,110 |
Posted 02/09/2013 10:36 am
