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Determining the value of a 40% off struck Mercury Dime

RollermanRollerman Posts: 1,908 ✭✭✭✭✭

At our coin club meeting, one of the fellows had a 1944 Mercury Dime that was 40% off struck. The odd thing was that it would probably grade a high VF?! Did someone use it as a pocket piece or did it actually circulate that way? (Rhetorical question!) Neither of us had a real clue as to it's worth, but I'd sure like to buy it as I've long been a fan of these dimes. Can any of you (Fred?) steer me in the right direction here? Thanks for any consideration you might give this request.
Pete

"Ain't None of Them play like him (Bix Beiderbecke) Yet."
Louis Armstrong

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    BryceMBryceM Posts: 11,937 ✭✭✭✭✭

    Should be worth 6 cents, right?

    Sorry, that's the best I got. No idea when it comes to pricing errors. :)

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    COINS MAKE CENTSCOINS MAKE CENTS Posts: 1,897 ✭✭✭✭✭

    Wait for fred to chime in im sure he can give you some insight on the value

    New inventory added daily at Coins Make Cents
    HAPPY COLLECTING


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    One of the few uses for a Redbook would be among the last few pages where they discuss errors. The chart/ grid should give you a ballpark idea if the coin matches a description mentioned. X percent off center. With or without date. Condition. But at the end the day it's a bit of a wildwild west standoff. What your willing to pay and what's acceptable to the present owner. Good luck. Pics someday?

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    BLUEJAYWAYBLUEJAYWAY Posts: 11,669 ✭✭✭✭✭

    I would also check Ebay for comparable 40% or thereabouts O/C Merc's.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
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    291fifth291fifth Posts: 25,206 ✭✭✭✭✭

    Odd items like that are worth what the market will bear. There is no real price guide. Don't bury yourself.

    All glory is fleeting.
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    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭

    If it was Choice BU and truly 40% O/C it would be a 4 figure error...

    As VF not sure as I haven't followed them grading that low.

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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    oih82w8oih82w8 Posts: 13,120 ✭✭✭✭✭
    edited January 19, 2018 6:43AM

    @Rollerman said:
    ...Can any of you (Fred?) steer me in the right direction here? Thanks for any consideration you might give this request.
    Pete

    When trying to reach a forum member use their forum name with the @ in front of it like so;

    paging @FredWeinberg

    A message will pop up into their message box for that particular thread.

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    I do not collect errors, but enjoy seeing them...It is a narrow market segment and I have no idea how to price them. Cheers, RickO

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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    It is worth $447.74

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    FredWeinbergFredWeinberg Posts: 6,031 ✭✭✭✭✭

    Good morning' -

    Actually ErrorsOnCoins is darn close.
    (and I assume you were being facetious
    with that exact number)

    20% off Centers, in AU-ish, for example,
    with dates, are worth about $250 or so.

    This 1944 is 40%, but only VF. Without seeing
    a photo of it, I'd guess it's a roughly $550-$600 coin,
    retail value. Could be a bit less, depending on actual
    condition, and if there's any problems with it.

    As others have noted, there's no set price or
    exact Trend price for these types of items;
    it's the 'willing buyer/willing seller' scenario.

    Retired Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Retired Authenticator for Major Mint Errors for PCGS. A 50+ Year PNG Member.A full-time numismatist since 1972, retired in 2022.
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    RollermanRollerman Posts: 1,908 ✭✭✭✭✭

    Many thanks to all of you who offered advice on how to "ping" someone and for the ballpark idea as to the worth of the Mercury Dime in question. You folks are the best!
    Respectfully,
    Pete

    "Ain't None of Them play like him (Bix Beiderbecke) Yet."
    Louis Armstrong
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    CaptHenwayCaptHenway Posts: 34,022 ✭✭✭✭✭

    We need a spotlight that goes off with Fred's picture up in the sky, a la Batman!
    :)

    Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
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    ashelandasheland Posts: 24,531 ✭✭✭✭✭

    I'd like to see this, I'll bet it's pretty cool looking.

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    BLUEJAYWAYBLUEJAYWAY Posts: 11,669 ✭✭✭✭✭

    @asheland said:
    I'd like to see this, I'll bet it's pretty cool looking.

    There's a few on Ebay.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".

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