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Newbie - Giant Bag Of Mercury Dimes Causing Anxiety

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DeathByDimes's Avatar
United States
21 Posts
 Posted 04/18/2011  11:07 pm Show Profile   Bookmark this topic Add DeathByDimes to your friends list Get a Link to this Message Number of Subscribers
Hello,

Newbie here. Here's the deal. I inherited a truck load of Mercury dimes last year. I know nothing about coins, not by any stretch of the imagination.

I see some on ebay goin' for 60-100 smackeroonies and I have no wonder why? I saw something about 1921 D's? The "D" means what? What do I need to look for? Where do I go...HELP!

Best regards,
DeathByDimes
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vermontensium's Avatar
United States
16679 Posts
 Posted 04/18/2011  11:16 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
D is the Denver Mint. S is San Francisco. 1921 and 1921-D are the semi-key dates with the 1916-D being the 'Biggie'. There are some other better dates also such as the 1931-S. Do not clean any of them! This can not be emphasized enough. Store them in a dry environment. Welcome! Let us know what you find.


Quote:
I see some on ebay goin' for 60-100 smackeroonies and I have no wonder why?

Rarity driven by supply and demand and level of preservation or, condition of coin.
swcoin.ecrater.com
Edited by vermontensium
04/18/2011 11:19 pm
Valued Member
bwbollom's Avatar
United States
293 Posts
 Posted 04/18/2011  11:54 pm  Show Profile   Bookmark this reply Add bwbollom to your friends list Get a Link to this Reply
Out of curiosity, what do you mean by a "giant bag?" Like a ziploc bag with a couple of hundred dimes or a HUGE bag full? I'm just curious...I'd love to run across something like this. Mercury dimes are my favorites!

You've already been given some good notes...1921 & 1921d are worth more than most and the 1916d is the rarest and highest value Mercury dime. Here's one of my dimes for an example:
Newbie---Giant-Bag-Of-Mercury-Dimes-Causing-Anxiety
You can see on the reverse side of the dime, just after the E in "ONE" there is a smaller "S". Each Mercury will have an S or a D or nothing in that space...S = San Francisco Mint, D = Denver Mint, Nothing = Philadelphia Mint.

What are you planning to do with this giant bag of dimes? If you are keeping them, I'd buy either coin tubes (if there really are too many to do otherwise) or 2x2 coin flip holders. The 2x2s will look like this:
Newbie---Giant-Bag-Of-Mercury-Dimes-Causing-Anxiety
Little cardboard holders with a clear area where the coin will show through. These will protect the coins and you should definitely consider doing this if you find any really nice looking ones or the 1916d, 21, or 21d. If I received a bag like this, I'd start by separating them out by date and mintmark (S, D, none) and then see if there are any high quality examples.

If you're planning to sell them, take nice photos (look in the coin photography section of this message board for tips). No matter what, as has been said, don't attempt to clean them. Even if they look old and worn and you think they'd look "better" cleaned...coin collectors want them to have their original look. They can be sold individually or in lots to dealers or on ebay or other places.

Silver value has been rising like crazy in recent months...any plain old Mercury dime contains somewhere around $3 worth of silver (this changes constantly). Better examples and the key dates will obviously be worth more. If you have any other question, please ask. This forum has been very helpful to me and hopefully we can help you!

We also love to see photos...if you have a digital camera, show off your new truck load of Mercury dimes! Good luck!
Edited by bwbollom
04/18/2011 11:58 pm
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DeathByDimes's Avatar
United States
21 Posts
 Posted 04/19/2011  12:03 am  Show Profile   Bookmark this reply Add DeathByDimes to your friends list Get a Link to this Reply
THANKS for the responses!

By "Giant bag" I mean it weighs 42 pounds! Ok 1916, 1921 1921D. Where do I find the mint mark? My eyeballs fell out & rolled under the couch looking at these last week.

Check - don't clean them. Ok.

My digital camera died. I want to take photos of my "new" blonde hair & dimes, but I can't do either.
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rjkingston's Avatar
United States
642 Posts
 Posted 04/19/2011  12:03 am  Show Profile   Bookmark this reply Add rjkingston to your friends list Get a Link to this Reply
Now that'd be a cool find! I'll second the no cleaning, I'd get yourself an album and start filling the date and mm holes.
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VisigothKing's Avatar
United States
4778 Posts
 Posted 04/19/2011  12:07 am  Show Profile   Bookmark this reply Add VisigothKing to your friends list Get a Link to this Reply
Mint marks are on the reverse between the "ONE" and the olive branch
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DeathByDimes's Avatar
United States
21 Posts
 Posted 04/19/2011  12:09 am  Show Profile   Bookmark this reply Add DeathByDimes to your friends list Get a Link to this Reply
OH OK! The letters are going to be on the back...check.

I don't know what I'm going to do with the. These were my grandfather's dimes who died in the late 1940's. I think I would feel guilty selling them off.
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bwbollom's Avatar
United States
293 Posts
 Posted 04/19/2011  12:10 am  Show Profile   Bookmark this reply Add bwbollom to your friends list Get a Link to this Reply

Quote:
THANKS for the responses!

By "Giant bag" I mean it weighs 42 pounds! Ok 1916, 1921 1921D. Where do I find the mint mark? My eyeballs fell out & rolled under the couch looking at these last week.

Check - don't clean them. Ok.

My digital camera died. I want to take photos of my "new" blonde hair & dimes, but I can't do either.

WOW! 42lbs = 672oz! At ~$43 / oz right now, you're looking at almost $30k just in silver value! Very cool inheritance!

If you look at the photo I posted above, the mint mark is on the back of each dime just after the "ONE" near the bottom left of the torch. There should be either an S, a D or nothing...that will tell you which mint each is from.

Sorry that your camera is dead...I'd love to see photos of 42lbs of Mercury dimes! I don't have anywhere near that many. VERY COOL!


Quote:
OH OK! The letters are going to be on the back...check.

I don't know what I'm going to do with the. These were my grandfather's dimes who died in the late 1940's. I think I would feel guilty selling them off.

If you're going to keep them, I'd sort them out at least by date, buy some of the sturdy coin tubes and store them away. It's a cool inheritance to pass down to future generations. Even if you don't get into collecting them, whoever receives them from you will see the care you took to preserve them and hopefully will cherish them.

At least by dividing them out by date, then you will also know what you have and if you have any of the more valuable dates. Just a single 1916d in any kind of decent condition should be worth $1000+! Good luck and have fun!
Edited by bwbollom
04/19/2011 12:15 am
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DeathByDimes's Avatar
United States
21 Posts
 Posted 04/19/2011  12:12 am  Show Profile   Bookmark this reply Add DeathByDimes to your friends list Get a Link to this Reply
Any suggestions on a magnifier of some sort? I have a magnifying glass, but it's not strong enough
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vermontensium's Avatar
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16679 Posts
 Posted 04/19/2011  12:17 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Get a 10X jewelers loupe. That should be fine.
swcoin.ecrater.com
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DeathByDimes's Avatar
United States
21 Posts
 Posted 04/19/2011  12:17 am  Show Profile   Bookmark this reply Add DeathByDimes to your friends list Get a Link to this Reply
I can't imagine HOW my grandparents managed to collect 42 pounds of old dimes. How is this possible?
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vermontensium's Avatar
United States
16679 Posts
 Posted 04/19/2011  12:22 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
They were hoarders in a good way! Take your time and set any good dates aside. Get yourself the Red Book of United States coins at your local bookstore. It will give you a general idea as to which dates are rarer than others, and which ones to look for.
swcoin.ecrater.com
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DeathByDimes's Avatar
United States
21 Posts
 Posted 04/19/2011  12:54 am  Show Profile   Bookmark this reply Add DeathByDimes to your friends list Get a Link to this Reply
I like these cardboard holder thingies like bwbollom posted. Where can you buy them?
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johnny54321's Avatar
United States
4849 Posts
 Posted 04/19/2011  01:17 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
Wow, what an incredible find! Your grandparents left you a nice gigantic nest egg, right when silver is at it's peak. You definitely need to go through them, and realize the magnitude of your good fortune.

Like was said earlier, this is $30,000 at absolute minimum.
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DeathByDimes's Avatar
United States
21 Posts
 Posted 04/19/2011  01:24 am  Show Profile   Bookmark this reply Add DeathByDimes to your friends list Get a Link to this Reply
I've had them for 10 months now, I'm just now TRYING to find the time.
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murrellington's Avatar
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3276 Posts
 Posted 04/19/2011  04:52 am  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
it will take a long time to sort through all of those, but if you get some rare dates it will definately be worth it. and you should put together an album for yourself and see how close you can complete it. that'd be fun!
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