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 Replies: 13 / Views: 1,812 |
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Valued Member
United States
51 Posts |
I have the opportunity to buy just over 300 verified silver Mercury dimes for just over $1.50 each. Is this a good way to start collecting and is that a good price? *** Moved by Staff moved to a more appropriate forum. *** |
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Pillar of the Community
United States
744 Posts |
They are probably selling culls, or well worn coins of little collector value. At 2.5 grams each, you are looking at just under a pound of coins, a pound is 16 oz. At $15.50 an oz, that would be about $250. However those dimes are only 90% silver, so the silver value would be closer to $180 - $200. Not a deal. I would suggest you take your $350 and buy coins that will go up in value. If you are into Mercury dimes, a lot of the uncirculated ones can be found in the $20 range. I would rather have 15 of those than 300 culls for the same money. Just my opinion... |
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Pillar of the Community
Russian Federation
1557 Posts |
Perhaps these coins are really not in the best conditions and badly worn out. They will never be of interest to serious collectors. It is always worth striving for the best (if this is of course possible). Therefore, better spend this money on several coins in good condition. XF +
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Valued Member
 United States
51 Posts |
Ok. Thanks for the advice. I'll pass on these.
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Bedrock of the Community
Australia
21786 Posts |
Value would depend on average condition and a good range od dates and mm's.
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Valued Member
United States
51 Posts |
I'm gonna still check them out. May not buy them but atleast see the condition they are in and dates.
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Moderator
 United States
56855 Posts |
 to CCF. Dates,condition and who verified them. John1  Edited by John1
04/17/2020 04:24 am
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Rest in Peace
United States
18456 Posts |
It all depends on who's selling them and where they are selling them from . Is the seller supplying any photos of the coins ? You never know , they could be nice Mercs .  |
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Bedrock of the Community
United States
94367 Posts |
I think your're wise to pass here. to the CCF! |
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Bedrock of the Community
United States
20753 Posts |
Kind of a really tuff situation since we and you don't know what they look like. I've seen situations like this that turned out to be fantastic. I've also seen situations like this that are just garbage. Without seeing them, difficult to even try to guess.
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Valued Member
United States
51 Posts |
I'll get some pics tomorrow. Maybe that'll help with the decision. He's an amateur collector that deals mostly in guns and only keeps higher end pieces.
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Valued Member
United States
51 Posts |
He's also local so I'll personally take the pics
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Bedrock of the Community
United States
20753 Posts |
This could be a really great chance to find some great coins. Most people that are not Mercury dime collectors do not know of the 42/41 and 42D/41 dimes. Mainly look for what is called full band coins. Those are the ones that have all full bands on the reverse. Mostly watch for the middle band being full. For example the 1945 Mercury dime with all those bands being full could be worth many thousands of dollars. One coin magazine has a separate listing of values for all FSB Mercury dimes. And really look for one of these  |
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Valued Member
United States
425 Posts |
Well if I had a book, I guess they would be missing a space for that one.
I have quite a few Liberty Head dimes left, all the issues 1916 through 1937. I would not buy any with out seeing them first, though in this age that has to include photographs. A 1916-D however, would have to be in person and graded.
Edited by Erscolo
04/19/2020 12:58 pm
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Replies: 13 / Views: 1,812 |
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Posted 04/17/2020 01:11 am
