A rare dime recently sold for over a thousand dollars on eBay.
Seller success may mean you’ll want to check out your own home to make sure you don’t have one lying around.
The coin, known as the Mercury dime, was designed by Adolph A. Weinman in 1916.
The design of the coin features a Liberty wearing a winged cap.
The dime is in .900 silver, with a diameter of 17.9 mm and a mass of 2.5 grams.
“This specimen is in an old PCI holder, classified FN12 with environmental damage,” the eBay listing states.
“This company has since gone out of business, but we have examined the coin and found it to be genuine.”
It took 35 bids to win the ad. The final bid was $ 1,556.20.
The seller of this product was Nationalrarities, which partners with retail jewelers across the country to buy and sell real estate.
The seller has 99.8% positive feedback, with only 14 neutral and negative feedback.
In addition, this is the same seller who sold a rare flying eagle piece for over $ 11,000.
But other advertisers are also successful in selling rare coins. There are other rare Mercury dimes currently on eBay.
One now has a purchase of $ 1,622.25.
Is your small change worth a fortune?
If you think you have a rare coin, you may be able to create real currency.
The most valuable coins are usually those with a low mintage or error, as they are considered the most valuable by collectors.
To check if your coins are worth anything on eBay, search for the full name, select the “sold” listing, then switch the search to “highest value”.
This will give you an idea of how much money the coin is intended for.
You can choose to sell the coin on eBay or through a specialty site such as Coinappraiser or USA Coin Book.
If you choose eBay, remember to set a minimum price that is greater than or at least equal to the face value of the coin – or you could lose money.
You should also know that even if your part “sells” on eBay for a high price, there is no guarantee that the buyer will pay.
Under eBay’s terms and conditions, bidders enter into a “legally binding contract for the purchase of an item”.
However, there is no way to apply this rule.
The most eBay can do is add a note to their account for the unpaid item or remove their ability to bid and buy.
Recently, a rare Lincoln penny sold for $ 325.
Last month, a rare 25-cent error coin sold for $ 599.
And in July, a rare $ 2.5 Liberty Head coin sold for over $ 3,300.
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