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Most Recent Silver Buy

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Ed_B's Avatar
United States
4008 Posts
 Posted 04/27/2011  7:02 pm Show Profile   Bookmark this topic Add Ed_B to your friends list Get a Link to this Message Number of Subscribers
I went to see the movie Atlas Shrugged today. Awesome picture that Hollywood does not have the cajones to make but an independent film company and a hard driving producer did. It was extremely well made and a joy to watch.

Anyway, after the movie at a downtown theater, I wandered over to our local coin shop and prowled through the owner's bag of "junk silver". To my delight, I found 15 Mercury dimes that were in very good condition. They have some dirt on them that should come off easily with a little help from some non-abrasive toothpaste and a soft nylon brush and will look real nice when cleaned up a little. He sold them to be for the spot price of $47.77/oz. on 90% silver in these coins. That seemed a reasonable price, considering the lack of coin dealers locally and the couple that we have that always charge spot plus at least 5% premium on top of that.

Here is a quick pic of my latest acquisition for my small silver hoard:

Most-Recent-Silver-Buy

Building up my small silver hoard a few decent coins at a time... Ahhh,
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JackB's Avatar
United States
1064 Posts
 Posted 04/27/2011  7:21 pm  Show Profile   Bookmark this reply Add JackB to your friends list Get a Link to this Reply
Great find Ed_B! Not to break your thread, was just reading about that movie, coincidence...
http://www.studiobriefing.net/2011/...-not-likely/
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United States
632 Posts
 Posted 04/27/2011  7:42 pm  Show Profile   Bookmark this reply Add willy13 to your friends list Get a Link to this Reply
I bought 5 Franklin halves at spot ($17 each) a couple days ago. But paid 7.5% in New York State sales tax, so silver will need to go up 7.5% for me to really meet the spot price...
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United States
3184 Posts
 Posted 04/27/2011  7:47 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
keep on stacking and those merc look to be in great condition
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 04/27/2011  8:32 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Yes I like the image on those Merc dimes, the messenger winged helmet, very nice addition....

I have never heard of using toothpaste or brush, that could possibly be abrassive. I clean with TarnX that I bought at home depot, and it has worked well for me, but who knows the toothpaste trick may even be better for the coin than the tarnX, just make sure that is an ultra soft brush....
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Ed_B's Avatar
United States
4008 Posts
 Posted 04/27/2011  9:45 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
Great find Ed_B! Not to break your thread, was just reading about that movie, coincidence...
JackB

Thanks, Jack. I picked through about 200 or so of the Mercury dimes in a large canvas sack, so these were pretty much the best ones.

As to the movie... it may be the best movie I've ever seen. It reached a level of excellence so far above the usual Hollywood drek that I am not surprised that those who roll in it did not like this movie. Clearly, they are the ones who attempt to pull down the heroes in the movie. It would be a terrible shame if the other 2 parts do not get done. This movie will appeal to those who read and thrive on ideas and ideals. Those seeking cheap thrills that are very well presented will be turned off. I learned a long time ago that most movie critics suck big-time. I always most enjoy the movies they pan and refuse to watch the worthless cr@p that they idolize.


Quote:
I bought 5 Franklin halves at spot ($17 each) a couple days ago. But paid 7.5% in New York State sales tax, so silver will need to go up 7.5% for me to really meet the spot price.. - Willy13

Excellent find, Willy. I was looking for some nice bullion halves today but my local shop did not have any that appealed to me. He had a lot of them for $60-100 or so but since I do not collect key dates and other rare coins, I would rather get a roll of BU or VF halves from APMEX.


Quote:
keep on stacking and those merc look to be in great condition - Mkman123

Stack, stack, stack!

Yes, these are in pretty decent shape. Picking through a whole pile of dimes to find these was most of the fun!


Quote:
Yes I like the image on those Merc dimes, the messenger winged helmet, very nice addition... - Silverhawk

Thanks, Silverhawk. I've always liked the Mercury dimes. Not sure why but the classic look they have appeals to me. You just don't see them all that often anymore.


Quote:
I have never heard of using toothpaste or brush, that could possibly be abrassive. I clean with TarnX that I bought at home depot, and it has worked well for me, but who knows the toothpaste trick may even be better for the coin than the tarnX, just make sure that is an ultra soft brush.... - Silverhawk

This is a trick that I use for cleaning fine quality things that I want cleaned but not polished. It works well. I always use an old toothbrush that has seen a year or two of service, so is nicely soft yet still cleans well. I would not use a toothpaste like "Pearl Drops", which is quite abrasive, but have never had a problem with the major brands of toothpaste. The idea is to clean them very gently and not just scrub and grind on them.

Yes, Tarn-X is a dilute aqueous solution of sulfamic acid and sodium thiourea. It is excellent at removing oxygen from silver oxide, resulting in a very clean and bright look after use. Be sure to rinse really well after use, though. I need to get some of this and plan to use it as well for any tarnished coins I want to clean. Not sure how well it would remove skin oil and the dirt that can be combined with it, though. The TP works well on that but does not remove oxidation. Perhaps a combo for best results?
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biggfredd's Avatar
United States
9104 Posts
 Posted 06/16/2011  08:21 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
The reason this guy sells 5% cheaper is he's selling fakes. You get what you pay for.
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GoThunder's Avatar
United States
830 Posts
 Posted 06/16/2011  10:30 am  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply
Fake Merc dimes, really?
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biggfredd's Avatar
United States
9104 Posts
 Posted 06/16/2011  8:39 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Do those look like any Mercs you've ever seen?
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penny man's Avatar
United States
659 Posts
 Posted 06/16/2011  9:00 pm  Show Profile   Bookmark this reply Add penny man to your friends list Get a Link to this Reply
yeah, the bust is backwards.
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United States
3184 Posts
 Posted 06/16/2011  9:18 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
?
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GoThunder's Avatar
United States
830 Posts
 Posted 06/16/2011  9:42 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply
OMG! I didn't notice that...but maybe he took the pic with a mirror.
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junior e's Avatar
United States
931 Posts
 Posted 06/16/2011  9:49 pm  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
Has anyone seen reverse Mercs before? Is this a joke?
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 06/16/2011  11:27 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Wow that is crazy, Ed you may want to get back over there and ask that local dealer about this, esp if they are fake as suspected....

http://cgi.ebay.com/1941-S-RPM-Merc...em231176befe

Here is what they speak of above, facing opposite directions. and on a side note, wow a look at the price of that dime, lol. Nice, but come on man....
Edited by Silverhawk74
06/16/2011 11:30 pm
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afclassic87's Avatar
United States
564 Posts
 Posted 06/17/2011  12:13 am  Show Profile   Bookmark this reply Add afclassic87 to your friends list Get a Link to this Reply
Wow... I didn't even notice. I just glanced at the picture. Great job spotting the problem!
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biggfredd's Avatar
United States
9104 Posts
 Posted 06/17/2011  01:43 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
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