Thinking of Spending More Cash Than I'm Accustomed To (Mercury Dime)

ChuckC

There is a beautiful mercury dime I am interested in that's selling for $260. Before I drop that type of dough, how is the mercury dime market doing? It seems prices have gone way up. Are they gonna come back down? Continue to rise? Buy now or wait? thanks

KollectorKing

Buy now or forever regret it

rhedden

If you're thinking about it even though it's out of your normal price range, and it's truly beautiful, who cares about where the market is going? Take my word for it- you'll feel pretty awful if someone else buys it while you're thinking about it. Also, don't feel bad about buying an expensive coin- the whole idea of coin collecting is to get the rare and exciting pieces that attract everyopne's attention, not to have a box full of common "junk" at the end of the day.

solid

If you like the coin, then buy it. Just make sure it is priced fairly now,
for what it is. Simple.

ChuckC

I'm gonna do it!

KollectorKing

Cool, and when it's said and done, can you post a pic or the link so we can show our jealousy

bballboy

That sounds like a good idea!

coinguy1

ChuckC, no matter how much you like the look or sound of the coin, a bit of research wouldn't hurt. We didn't have any specifics with which to offer any help in that regard. Also, I'd suggest making sure you have a return privilege.

ChuckC

Coinguy: it's from a reputable dealer that many on this forum are familiar with (Whitlow)...I'm calling tomorrow to discuss the purchase.

haletj

Any pre-29 mintmarked one is always a good buy!

Baley

Regardless of what the "market" does, my favorite coins are the ones I "stretched" to buy..

sliderider

Don't buy based on future prices. Buy because you like the coin. If the coin is really nice, you might not get a chance at another like it for a long time.

ms70

Don't forget the pic!

Fairlaneman

<< <i>Any pre-29 mintmarked one is always a good buy! >>



Just pre 29 ? What about the 30 and 31 dates. Heck you might add the 34D just for kicks also. A couple of the P dates are quite tough also before 34.

Chuck what is the date you are looking at ? PM if you would like.

Ken

Bear

A reputable dealer? I thought they were just myths, like sea serpents.