Showing posts with label coins. Show all posts
Showing posts with label coins. Show all posts

Monday, May 27, 2013

Dime novel

So, there's this dime that is presenting me with a quandary:


It's a 1944 Mercury dime that found in a drawer. I checked online, and the coin is worth $1.45, for the silver content alone. If it were uncirculated, it might get a collector price, but it's not, so it won't. So here's the dilemma: $1.35 isn't enough to make me want to drive to the coin shop to sell the dime. But it doesn't seem right to present a buck-and-a-half 's worth of silver as ten cents, either.

This isn't the first time this sort of thing has happened to me. Some years ago, I came into possession of an old $100 bill - the bookstore on the campus where I was head of security thought it was counterfeit, but it was just old (1934 IIRC) and different-looking. I traded five crisp twenties from the ATM for it. It turned out the bill was worth all of $106, maybe a little more if it had been uncirculated, which it hadn't. I held onto it for a while, and then decided I no longer wanted to keep track of where it was. I also had a Kennedy half-dollar that I got back when I was six or seven and had no use for; it was worth $11, again for the silver. Looking through my pile of funny-looking coins and checking the internet, I found enough to net me a little over $20. That was barely worth the time and gas to go to the coin shop, but I did, and felt a little lighter for it. I also had an extra $100 to spend, since the original swap had been so long ago.

But now I have no other pile of coins to which I can add this dime to gain some economy of scale; just one lonely Mercury, too valuable to spend without feeling foolish, but not valuable enough to invest much into converting. I could just throw it back in a drawer, but I am trying to reduce the miscellany and clutter in my life, practically and metaphorically. I could just keep it in my wallet, hoping I'll remember that it is there if I ever happen to find myself by chance near a coin shop. Or I could just spend it like a dime, trusting that it will eventually wash up on some numismatic shore where it will find a home. I could frame it and make it into a tiny wall hanging.

Or I could blog about it, getting at least $1.45's worth of mileage out of the anecdote, and not worry about.

(Numismatics counts as geekery, right?)