Mercury Dimes - are they worth anything?

I have inherited over 100 mercury dimes from 1926-1945 and it seems that they are not selling for more than three dollars each. Is this the case with most coins of these dates?

 

Log in or Sign up to hide this ad.

I would also like to add "demand". For instance, "demand" for the 1999 Silver Proof Set has shot up tremendously causing a marked price increase during the past 6 years, whereas a Good Condition (G-4) 1916-D Mercury Dime has remained relatively stable in regards to the ratio of price increase.

1916-D Mercury Dimes (regardless of condition) are always in demand, but so is the 1999 Silver Proof Set with the advent of the State Quarters Program.

Will this always remain so? Doubtful. IMHO, 1916-D Mercurys will ALWAYS remain in high demand, but will the 1999 Silver Proof Sets? Well, let me answer that after the end of the State Quarters Program.

Remember, just because something is popular today doesn't mean it's going to be popular tomorrow (and vice versa).

I probably haven't given you much useful input, but you'll remain happy if you collect coins as a "hobby" instead of as an "investment".

 

I'm guessing your 100 Mercuries are in the average grade circulated condition. If they were always $3 each I would never buy them but they aren't. You can still buy them for a smooth $0.60 each.

 

I would look for the 1926-S as I believe that it is worth a little more.
Speedy

 

'26 S, 31 D, Other than that only a few Variations have a premium above $3. in average circulated condition.

 

Yes sir you can buy a roll of common grade circulated one's for right around $30 still.

 

Last week I forgot a e-bay lot, a roll of silver dimes and they went off for $4.40--less than face.
I wish I had remembered it!!

Speedy

 

Geeze. I'm guessing they were from the early 60's and maybe there was excessive shipping...

 

They were from the 40's to the 60's--and no...this guy doesn't charge much on shipping but I think the reason they went so cheap was how they listed them on e-bay....

Speedy

 

Wow...didn't think you could still find such good deals like that with the price of silver these days. How did he list them on there anyways???

 

I dont like Mercury dimes. I like Morgan dollars. I might venture into Indian Head pennies. Morgans are nice 19th century antiques that are still affordable. 20th century coins dont interest me. Although I would like an early St. Gaudens gold piece. Im rambling. BUT: let me add this. You can get common-date poor condition Morgans for close to silver spot-value. they make great gifts. Or if you eat out a lot, you can have some fun at the bars and restaurants and leave an old cheap-priced Morgan as a tip.

 

"Or if you eat out a lot, you can have some fun at the bars and restaurants and leave an old cheap-priced Morgan as a tip."

Ohh I dunno about that. The waiter/waitress/bar tender could be some ignorant fool and throw it away thinking it is some weird fake. I do have an actual story to back up the part about being fake...

 

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=525&item=3966864724&rd=1

I guess 250 lbs of Mercs are worth $25,000

 

Some Mercury dimes in the higher conditions worth thousands of dollars.

 

NOS
I can't really remember now how he had it but I would have taken better photos--listed the dates--

Speedy

 

I have a relatively complete Mercury set. The only thing I'm missing are the 1942/41 overdates and the proofs. I'm in the process now of upgrading the condition of the various coins. My 1916D is identifiable, but only just. Regardless, my local dealer tells me that binder would probably sell in the $500-$600 range. So they are worth it, if you're in it for the money.

 

I'd think most of the coins would be ding'ed up being loose like that.

Anyways, 250 lbs of silver at todays spot price comes out to $26,213.50
take out the 10% for copper in coin silver and you get $23592.15, so not too much more than current melt value.

(250 lbs US = 113398 grams = 3645.8276 troy ounces * $7.19)

 

Blown away by the pictures alone. I'm guessing those are all from some super old hoard...