Mercs

Great buy! but don't melt the poor things.. If he's willing to part with the rest, I'd say go for it. How old is the kid? I'd hate to hear that he is taking it from his parent's collection or something along those lines.

Keep them alive! Don't melt them.

113 at home? Yeah, thats definitely part of their parent's collection IMO

I aggree. Make sure that he is not taking them from someone.

4 for $5 is a great deal.

I live across the street from a school, and have been offered things by middle-school kids. I tell them I'd buy it from their mom or dad. It could get nasty real quick if he dug a couple '16-D's from his pocket!

offer him at least $2 each

Let's take this in order:

If this "kid" is a minor, he doesn't have the legal right to sell them, even if they're his.

If a dealer tried to buy at those prices, we'd never hear the end of it.

Over two rolls of silver dimes @ 55% less than melt = almost certainly stolen. You may want to read up on the "receiving stolen property" laws in your jurisdiction.

If they're his, and his folks don't care if he sells them, youi can buy them and sleep nights.




True, but since their numismatic value today is about 15¢, it will have to go up 20 times before it exceeds current scrap value. Didn't happen when the gubmint melted hundreds of millions of Morgans, didn't happen when tons of silver coins were melted in 1980, ain't gonna happen today.

It is really unfortuate that so many items of value get distroyed by those that just don't care. Imagine if all the morons that make wars really didn't distroy old relics from the past. Coins, books, swords, etc. are constantly being and have been distroyed by those that just don't care or want a few dollars today. Think about all the Egyptian Pyramids that were ransacked for precious metals and all mostly melted. So many just don't care about the future for all others.
Even a coin of little value today may well be the only one left in 50 to 100 years but so what. Who cares? It's only metal, right?

A lady friend told me on his tenth birthday, she had to go with her son because he wanted to buy a CD. I asked if the problem was explicit lyrics.

No, he had saved up $500 and wanted a Certificate of Deposit, but he's not old enough to contract. This is why parents or legal representatives have to deal on behalf of minors, for example, buying a car, or by having to be a second signature on a bank account.

Because minors can't contract (sign a legally binding deal), any transaction with a minor is voidable, but only at the option of the minor. IOW, you give him $100 today for 113 Mercs, and a year from now, he can decide he'd rather have them back, here's your $100.

In fact, let's say you give him $400, more than they're worth. Silver goes crazy, and a year from now, they'd be worth $1000. Here's your $400, gimme the coins.

I'm not a lawyer, nor play one on TV, but I started selling coins when I was 13, and by the time I was 16, I was hustling hundreds of dollars in silver certificates a week to turn in for silver. All I'm doing here is trying to keep you from doing something that may come back and bite you in the butt.

If you buy from his parents, your bases are covered. If they say no, that's exactly the kind of deal that will cause trouble when they find out.

Good luck!