roosevelt dimes

[jesbroken]

what is up with the roosevelt dimes? i have several ms66 ms67 slabbed by ngc and could not sell them for half or one third of their value. watching ebay i see many similiar coins(1948 d ms 67 for instance is being offered for $135 and no bidders even though it is worth 210 or so) no one is bidding on the high end roosevelts. i know they are not the prettiest coins but my goodness what is happe ning to this market?

thanks to all

jes

[Bruceswar]

Rosies have always been a slow market for 2 main reasons.

 

1. Small coins always tend to be slow.

2. Nobody wants to try and put together a set they cannot complete. Such is the case with the FT rosies. Try doing the clads. Good luck! You will soon find out they cannot be found at any price. The silver issues are a bit easier, but the overall market is still slow. Full Torch was a designation created by the TPG's and it flopped. Now they are stuck with it.

[Bruceswar]

Also one last thing. Price guides tend to be all over the place. Including the PCGS Price guide.

[CarlWohlforth]

The value is what someone will pay for them. So it might be that your expectations are what is too high, rather than prices being too low.

 

If the coins have that FT or FB designation and are the highest or next to highest graded they should do well because they can help someone's registry set. Otherwise I don't think Roosevelts are that popular because they are small and are still being minted.

[cladking]

Rosies have always been a slow market for 2 main reasons.

 

1. Small coins always tend to be slow.

2. Nobody wants to try and put together a set they cannot complete. Such is the case with the FT rosies. Try doing the clads. Good luck! You will soon find out they cannot be found at any price. The silver issues are a bit easier, but the overall market is still slow. Full Torch was a designation created by the TPG's and it flopped. Now they are stuck with it.

 

 

This has always been one of the greatest weaknesses of clads; there are not only insufficient numbers to create a mass market but there are some which may not exist in very high grade at all. It's not just the dimes either.

 

I don't believe this is fatal to their collectibility simply because one can still find them in the just missed conditions. If the demand extends much beyond this there are not insignificant numbers of lower grades for most dates and always the coins in circulation.

[SkyMan]

Of course to every problem there is normally a flip side. If you like Roosies, and I kinda' do (but not enough to be a collector), because there is limited demand for them they are inexpensive. You can build a nice set for not too much... heck the modern ones are pocket change.

[thebeav]

Rosies have always been a slow market

 

I agree. I listed some beautiful, original, toners about a year ago on flea-bay. No takers.

I started them at a few bucks. Very surprised......

 

Paul

[coinman1794]

Prices on FB/FT dimes have decreased by many multiples over the last year. In 2005, a 1948-D MS67FT was a $150-200 coin, but I can't get $89.99 for a nice one this week! And that's what the non-FT pieces sell for! There just doesn't seem to be any interest in about 97% of the series right now.

 

Rare dates are still quite strong, though. I have received very strong bids on the keys I have offered in the past 2 years, such as the 1953 NGC-67FT, which happenes to be ending tonight (see marketplace thread). The rare ones have a solid following, it seems.

 

I think getting strong money for this series right now comes right down to eye appeal. Just as Franklin halves with exceptional eye appeal bring much more than average examples, the same seems to be the trend with Roosevelt Dimes, and anything that's not outstanding goes for almost nothing. There are countless average looking pieces, but the "special" ones are tough. But even then, they are slow moving!

[TJ'S Coins]

I've been musing over this question as a collector.

 

Roosevelt Dimes have been in circulation for 60 years, they are quite common and the smallest of the circulating coins. Those with failing eyesight really need glasses to appreciate the details The reverse torch representing FDR's connection with the March of Dimes is not that much different than the Roman fasces (sp?) on the Winged Liberty or Mercury Head dimes to a novice.

 

As one who constantly checks my change I like the newly released Roosevelt dimes but once they drop below AU the attraction fades quickly for me. In my opinion, this series will remain slow until the design is modified or changed. It seems that we will have this coin around forever. When that is the case I think people are in no hurry to collect them. I know that some will disagree but even the Lincoln cent underwent a new reverse after fifty years and the state quarters have broken the monotony of another coin design that is growing long in the tooth. Likewise the Jefferson Nickel had a flurry of changes under the westward expansion theme. I look forward to 2009 and the new Lincoln cents and am curious as to what the design future will be for that denomination. The dime seems overdue for change.

 

So far my musings.