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 Replies: 14 / Views: 722 |
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Valued Member
United States
418 Posts |
Hi. Do you think it would be a good move to sell or trade the 48 silver Roosevelt dimes from 1948-1964, 83 silver Washington quarters from 1932-1964, and the 35 silver Franklin halves from 1948-1964, most of which are circulated G condition, in order to acquire a 1916D Mercury dime in G4 condition, which would complete that set? Thanks. |
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Moderator
 United States
95740 Posts |
Probably not, because I would then have to rebuild up my dime, quarter, and Franklin half collection.. |
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Pillar of the Community
Russian Federation
1557 Posts |
I think yes. If I were offered a direct exchange or a buyer could be found for the entire collection at once, then for me this is a good deal. Most of the coins you mentioned do not have a high market value, while the 1916-D Mercury is a rare coin and will likely become more valuable every year.
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Moderator
United States
56855 Posts |
Is the 16-D slabbed? Value of the 16-D vs value of the 3 sets? John1  |
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Bedrock of the Community
United States
25153 Posts |
If it's junk silver, I would. It's easier to acquire than 1916-D Mercury dimes. Assuming, of course, that the dime is certified. Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
United States
15419 Posts |
I need to know more about the 1916-D dime. Is it certified and what grade?
Pending additional input on the dime, I would be tempted to make the trade. The circulated G condition common coins will always be common coins while the 1916-D dime will always be a key date.
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Valued Member
 United States
418 Posts |
I would be going for a G4 slabbed, ideally by PCGS. (Not sure how important green bean / CAC designations are). I figured it's a good time to sell the silver because of the silver price being high. But then I saw the grey sheet values for retail and wholesale, and even the wholesale prices were a bit higher than silver value for the Franklin halves, and the Washington quarters, even when you subtract out the 32D and S. The 35 piece Franklin set is listed at $392 wholesale and $510 retail for low grade sets, but the current silver value for 35 franklins is $324. Then the Washington set is listed at about $540 wholesale / $700 retail for low grade coins, and if you subtract out $135 retail and $100 wholesale for the 32D and S (G condition), that amounts to $440 wholesale and $565 retail for 81 Washington's, but the current silver for 81 Washington quarters is $375. So it looks like these sets carry a small premium over silver price even in low grade, leading me to think that I shouldn't just sell them at silver value, but rather should try to get a little more? Thank you as always! |
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Pillar of the Community
 United States
2334 Posts |
Since there are no real key coins for either the dimes or the halves...do you have any key or better dates for the quarters?
I would make the trade if it's just basically $800 worth of 90%...but the 16-D is a very commonly counterfeited coin...proceed with caution.
Sure would be nice to have some pics of the 16-D
smat
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Moderator
United States
56855 Posts |
$1320.00 for the 16-D dime NumisMedia price. John1 |
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Valued Member
United States
418 Posts |
I have the complete sets in the old Whitman blue albums. I think my 32D and S are probably G4. The Franklin 55 is nice condition as I bought that separately. I'd have to look at it but I recall it being uncirculated looking. I think one other Franklin is uncirculated looking, as well as 2 later date quarters. Those are the coins that I could only find in better condition at the time. As far as the 16D, there isn't one yet. This is all hypothetical and I'm trying to gauge whether it makes sense or not to sell off these complete sets of silver coins to be able to buy a 16D which would complete my 78 coin Mercury dime set. And so far, it seems like it's not a bad idea, and it's basically up to me if I like having a lot of silver, or if I like having one item that's desirable and in demand. It's tough. I like silver, it has value, and it's 3 different complete sets. But I also like unique and more rare / harder to attain items. I feel like I like quality over quantity, but it's still a little tough to give up all that silver for 1 little disme! But if nothing else, you guys are confirming that it's not that crazy of an idea to consider doing. Edited by Joecontois
04/02/2024 08:12 am
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Bedrock of the Community
United States
94367 Posts |
I'd have to see the '16-D first.
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Pillar of the Community
United States
7276 Posts |
Depends on the 16-D, but I'm biased as I don't like roosie, Washington quarters and ugly ben 50 cents. The Winged Liberty dime is just so much nicer.  Especially in Proof.  Edited by hfjacinto
04/02/2024 09:49 am
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Bedrock of the Community
United States
36741 Posts |
That's a lot of silver to give up. I'd hold them and wait until I had money to buy a 16-D.
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Valued Member
United States
418 Posts |
I may restrategize and only sell the Roosevelt dime collection, Jefferson collection, a 2017 proof set, a couple of 2013 uncut sheets of $1 and 2's, a silver eagle, maybe a 1/10th oz gold coin, and some older paper currency (not anything much more than face value) and see where I end up cash wise. Maybe settle for an AG3 in order to keep my Washington and Franklin silver sets.. Edited by Joecontois
04/02/2024 09:36 am
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Moderator
United States
188213 Posts |
Quote: Probably not, because I would then have to rebuild up my dime, quarter, and Franklin half collection.. That was my first thought. My sets hold a lot of sentimental value, too. Besides, I have saved up for the 16-D; I just need to find one that makes me happy.  |
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Replies: 14 / Views: 722 |
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Posted 04/01/2024 11:17 pm
