1931 p Merc going for $20.00+ WHY?

[Gilmore Happy]

http://www.ebay.com/itm/nice-LQQK-1...tu=UCC&otn=15&ps=63&clkid=2988137586802668678

I have found one of these CRH. Why is this one demanding such a premium?

Thanks.

 

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[mountainman 2]

High Grade

 

[Gilmore Happy]

High Grade

Not because of date then.

 

[mountainman 2]

The 1931-P isn't a rare date but it's in nice condition for that year.

 

[Gilmore Happy]

The 1931-P isn't a rare date but it's in nice condition for that year.

Thanks!

 

[yonico]

greysheet price for 31' in MS63 is $47. i'd love to have this coin from ebay for $20 lol

it is MS63 at least +looks like FSB to me but can't tell for sure from pics

 

[santafeboy]

Relatively low mintage of 3,150,000 and nice condition

 

[Gilmore Happy]

Ended, sold for $29.

Makes me want to dig through the 29 Mercs I have found and take a peek. I found some absolute beauties so far. Had no idea they could go for this type of money.

 

[yonico]

Ended, sold for $29.

Makes me want to dig through the 29 Mercs I have found and take a peek. I found some absolute beauties so far. Had no idea they could go for this type of money.

if they are BU and FSB, you should be able to get good money for them.

here are some of the mercs i'm selling on ebay right now, most of them are from CRHing my partner did way back..

some of them are stunning. and these are only the ones that are $75 or less. others are worth up to $400 each..

http://www.ebay.com/itm/280744090560?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

http://www.ebay.com/itm/280744088027?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

http://www.ebay.com/itm/280743651381?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

http://www.ebay.com/itm/280743250955?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

 

[captainfwiffo]

It looked like AU to me. Not close to FSB. The price it went at was reasonable for the date.

 

[yonico]

It looked like AU to me. Not close to FSB. The price it went at was reasonable for the date.

it is very hard to tell by the pics

and very tricky to get a good picture without a camera with a very good macro lens..
but looks better than AU..

 

[captainfwiffo]

It can be hard to tell MS from AU sometimes in pictures. I feel like there's a bit of wear on the high points of the reverse, but it could just be the strike too. The obverse looks good.

 

[Gilmore Happy]

Ended, sold for $29.

Makes me want to dig through the 29 Mercs I have found and take a peek. I found some absolute beauties so far. Had no idea they could go for this type of money.

if they are BU and FSB, you should be able to get good money for them.

here are some of the mercs i'm selling on ebay right now, most of them are from CRHing my partner did way back..

some of them are stunning. and these are only the ones that are $75 or less. others are worth up to $400 each..

http://www.ebay.com/itm/280744090560?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

http://www.ebay.com/itm/280744088027?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

http://www.ebay.com/itm/280743651381?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

http://www.ebay.com/itm/280743250955?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649

Wow, I have got alot to learn. I wont be selling my CRH finds anytime soon for fear I might sell a rarity. Thanks for all the input, this was eye opening.

 

[captainfwiffo]

Here's a quick cheat sheet:

Mercury dimes 1934 and later aren't worth much over melt unless they're in XF or better condition or if they're the 1942/1 or 1942/1-D overdates. All dimes 1931 and prior to that are worth more than melt in fine or better. Many mint-marked dimes from the teens and 20s are very scarce in VF or XF and can be worth a lot, and are worth more than melt even in G or VG condition. 1931 was a low mintage year (particularly 1931-D) so it's worth more than melt in lowish condition too. People generally know about the 1916-D (which is worth hundreds in poor condition, and tens of thousands in MS) and 1921 and 1921-D (see this one for an example of their value), but overlook dates like 1923-S, 1925-D or 1926-S (worth over $200 in XF).

No Kennedy halves are rare, even the key-date 1970-D is not worth that much. Even most Franklin halves are only worth melt unless in AU or MS condition with silver as high as it is. Same for FDR dimes - even the key date 1949 and 1949-S really need to be in MS.

 

[yonico]

Here's a quick cheat sheet:

Mercury dimes 1934 and later aren't worth much over melt unless they're in XF or better condition or if they're the 1942/1 or 1942/1-D overdates. All dimes 1931 and prior to that are worth more than melt in fine or better. Many mint-marked dimes from the teens and 20s are very scarce in VF or XF and can be worth a lot, and are worth more than melt even in G or VG condition. 1931 was a low mintage year (particularly 1931-D) so it's worth more than melt in lowish condition too. People generally know about the 1916-D (which is worth hundreds in poor condition, and tens of thousands in MS) and 1921 and 1921-D (see this one for an example of their value), but overlook dates like 1923-S, 1925-D or 1926-S (worth over $200 in XF).

No Kennedy halves are rare, even the key-date 1970-D is not worth that much. Even most Franklin halves are only worth melt unless in AU or MS condition with silver as high as it is. Same for FDR dimes - even the key date 1949 and 1949-S really need to be in MS.

+1