1996 W Dime

I picked this guy up for $12. What do you guys think, good deal? Sorry for the pics, I didn't want to take it out of the protector.

 

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Nice pickup:thumb:

 

I like mine too...just had to have that dime with the W mint mark.

 

on my to-get list...really just me being lazy bec they are easy to come by esp in higher grades

 

Well, I have a coin from every other mint, so I had to get this one.

Edit: I don't have one from Charlotte or Dahlonega. I don't collect gold coins.

 

???

Wait there a W mint??? and if so for imns...What does it stand for???

 

Westpoint

 

ok cool/..i was thinking "wow thats got to quite nice" but still congrats

 

What does "imns" stand for?

 

This is what I could find :


[TABLE="class: AcrFinder"]

AcronymDefinition
[TD="class: acr"]IMNS[/TD]
Industrial and Medical Nuclear Safety

[TD="class: acr"]IMNS[/TD]
Iron Mill News Service

[TD="class: acr"]IMNS[/TD]
Integrated Managed Network Services
[/TABLE]

 

Thanks but for some reason I don't think the correct answer is among that group.

 

Type-o maybe? I was wondering what he meant by that as well.

 

neither did I

 

I'm a big fan of the 1996-W Roosevelt Dime which was issued only in the 1996 Mint Sets for the 50th anniversary of the Roosevelt dime. I have a little over a full roll of them now and buy them every so often when I find a good deal. In almost all cases, I purchase the entire 1996 Mint Set to acquire the dimes. That way, I'm getting the coin in the original packaging and I also can get a much better deal on the dime that way.

As of May 2011, the Greysheet bid/ask price on the 1996 Mint Set is $11/$12. However, many dealers price their sets above this level knowing that the 1996-W dime is popular. Other dealers will just remove the 1996-W dime and sell the rest of the set to collectors unaware of the 1996-W dime. But there are still dealers out there that sell the 1996 Mint sets (complete with the 1996-W dime) at Greysheet prices. But always check to make sure the dime is in the set!

At the last Long Beach show, I purchased 12 1996 Mint sets from a single dealer for $130 ($10.83 per set). That's a great price for just the dime, but the Mint sets also include $1.82 face value in other coins. Accordingly, if I wanted to I could spend those other coins and bring the cost of the dimes down to $9.01 each. Even better, if I sold the sets intact at a local show or local coin club meeting, but just without the dime, I bet I could get more than just face value, even further reducing my cost basis in the dime.

But overall, $12 for the OP's dime isn't a bad price, I just think there are better deals out there if you get a little creative