2 similar dimes with big differences in price from last night at GC auction. Why?
Walkerlover
Posts: 952 ✭✭✭✭
Both common date MS 65 FB gold CAC rattlers but the 1944 brings almost $1500 the 1943 $400. Can you figure the difference in price. From last night GC rattler collection auction.
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Because the second listed slab is a "108". (Despite the fact it is a green . . . NOT white . . . .the '108' is always going to have a cachet).
That is the reason.
Drunner
What is the significance of 108 exactly?
The 108 prefix was the first serial prefix of the original Rattlers. The first of the 108s (research here will give you some thoughts as to the numbers extant or numbers manufactured) had a 'white' insert. Those are the 'manna from heaven' . . . and perhaps next to an NGC 'Black' (and maybe an NGC 2.0 / 2.1 . . . . or Regency ????) the slabs you want to get.
BUT (again, research here, I am just encapsulating a few different viewpoints) . . . the insert was changed to GREEN a little ways into the '108' run, so some people believe they have a '108' and the first edition, when actually they have a '108' from a bit later in the run.
Still . . . . a huge slab, and possibly underpriced just a bit in the auction you cited.
Lakes and a few others will chime in . . . . . in time. I may be corrected.
Drunner
What others said...but I do not consider these to be sales of coins. These are sales of plastic, paper and stickers.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
And what's your point?
Philippians 4:4-7
The title of this thread talks about two similar dimes selling. That's all. No issue, just an observation.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
And @DRUNNER explained the reason why. Is there something wrong with collecting paper, plastic, and stickers?
Philippians 4:4-7
Did I say there was? People can collect Beanie Babies or anything else they like. It matters to me none.
The point is the thread has more to do with plastic, paper and stickers than the mentioned coins in the title.
It's no big deal.
Is there a reason why you are trying to troll me?
Part of Philippians 4:4-7 says: Let your gentleness be evident to all. The Lord is near.
Does this encourage trolling on a US Coins forum?
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
You’re correct. The later 108s used to carry little premium until the last few years when enough people decided to bid them up (the first gen 108s have gone up quite a bit as well).
Thanks from me as well as I did not know about the significance of 108.
LOL
No one's trolling you, but do you make it a habit of editing your posts without mentioning it?
You initially made, what seemed to me, as an unnecessary and snide remark about paper, plastic, and stickers (maybe I misunderstood, it's sometimes hard to judge intent on the internet) so I asked for clarification.
Philippians 4:4-7
I only learned about them a year ago, myself. I ended up buying one for the purpose of the toned coin then ended up selling it after I upgraded (the toning) to another example. This one sold for a price close to the one in the OP.
https://coins.ha.com/itm/mercury-dimes/1937-s-10c-ms65-full-bands-pcgs-cac-pcgs-population-416-476-ngc-census-104-184-cdn-180-whsle-bid-for-ngc-pcgs/a/63191-44053.s
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
Wow, people paying a significant amount of extra dollars (over $1000!!) just for a serial number on a slab of a VERY common coin!!
The GOLD sticker also helped.....
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Very informative. Thanks to everyone for the feedback.
GEE. Sometimes buying the slab not the coin does take preference.
Pete
Well... I should check my coin cabinet for old slabs.... I know people collect them, and some I have had for many years... Might be a little treasure hiding there...
Cheers, RickO
Home from school and gradebeggars at the end of the quarter / year. Saw the above responses.
My apologies if I seemed to cause the discussion to go astray of the OP. But actually, I tried to render an honest and clear answer to the question, and it was not intended to be anything other than a statement of fact (that I presumed may not be known by even some of our core numismatists here, but clearly it had a huge effect on the auctions disclosed).
'Back-in-the-day' I championed the "cause" of the Doily, chased them around, bid them up, 'invested' (???) a lot in them, and eventually branched out into the more esoteric slab world. It was fun, educational, a bit competitive (I had 87 of the first 125 known . . . and topped out at 195), and above all . . . a passion.
But through it all . . . the lambasting here on the Boards for being a 'plastic' guy, and the sideways glances at local and Regional shows when I fawned over some oddball font or barcode . . . I remained what I still am today. . . . . . . . . . . .
A lover of history. The landscape changed in 1986. Numismatics had a watershed moment. I felt fortunate to live in the "pre-slab" and "post-slab" days. The concept is still morphing, and history is still being written in this hobby of Kings. One small aspect of this huge panorama of coins remains . . .the slab. I still value the coin, but I hope I never get too narrow in my appreciation of history to ignore all the wonderful things about coins that may not be strike, luster, or marks.
Keep looking for those 108s. They drift out of Grampa's safety deposit box every so often and show up in the most unlikely of places . . .
Drunner