I’ve been buying silver and gold bullion coins for a couple of years now. Reading news about the latest coin designs, I saw that the United States Mint was coming up with a gold version of the Mercury dime to celebrate its 100th anniversary. It was first issued in 1916 with a design by Adolph Weinman featuring lady liberty in a winged cap (not actually Mercury). Lincoln had already replaced an indian on the penny in 1909, but all of the other coins featured liberty. Though it is very small, the mercury dime is a favorite design. I remember Jeb had a bunch of them when he was collecting coins, but it seemed like they were pretty beat up. However, a lot of people collected Mercury dimes and I was able to get a pretty nice one for $7.50 on eBay. I thought I would get a Mercury dime and then maybe get the gold one when it comes out next week. However, the mint is going to charge $205 for the new coin which has only 1/10th oz. of gold worth about $124. I don’t think I want to pay that big a premium, which is why I end up never buying the mint’s commemorative offerings and instead stick with bullion coins with much lower premiums, including a privately produced 1 oz. silver coin with the mercury design.
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