Rare Groschencoin sells for $ 1,556 after an online bidding war
A rare dime coin recently sold for over a thousand dollars on eBay.
The seller’s success may mean wanting to check your own home to make sure it isn’t lying around somewhere.
The coin, known as the Mercury Dime, was designed by Adolph A. Weinman in 1916.
The design of the coin shows a Liberty with a wing cap.
The ten-cent coin is made of .900 silver, has a diameter of 17.9 mm and a weight of 2.5 grams.
“This copy is in an old PCI holder, rated FN12 with environmental damage,” says the eBay listing.
“This company has since discontinued, but we have examined the coin and found it to be authentic.”
It took 35 bids to win the listing. The final bid was $ 1,556.20.
The seller of this product was Nationalrarities, which teams up with retail jewelers who buy and sell real estate.
The seller has 99.8% positive feedback with only 14 neutral and negative ratings.
This is also the same seller who sold a rare flying eagle coin for more than $ 11,000.
But other listers are also successful in selling rare coins. There are several other Mercury rare dimes currently listed on eBay.
You now have a purchase of $ 1,622.25.
Is Your Change Worth a Fortune?
If you think you have a rare coin, you might be able to make a real mint.
The most valuable coins are usually those with a low mintage or flaw as they are considered the most valuable by collectors.
To check if your coins are worth something on eBay, search for their full name, select the offer “sold” and then toggle the search to “highest value”.
This will give you an idea of what amount of money the coin is for.
You can either sell the coin on eBay or through a specialized website like Coinappraiser or USA Coin Book.
If you choose eBay, remember to set a reserve price that is higher or at least equal to the face value of the coin – or you could lose money.
You also need to be aware that even if your coin is “sold” on eBay at a high price, there is no guarantee that the buyer will pay.
According to eBay, bidders enter into a “legally binding contract for the purchase of an item”.
However, there is no way to enforce this rule.
At most, eBay can add a note to its account for the unpaid item or remove the ability to bid and buy.
Recently, a rare Lincoln penny coin 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 more than $ 3,300.
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