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08-18-2007, 09:27 PM
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#1 (permalink)
| | Collector Of All Coins
Join Date: Apr 2007
Posts: 392
| 1955 Dime Most Underrated Roosevelt?
According to the Redbook, the 1955 Roosevelt dime has the lowest minatge(12,450,181 of the whole entire series. However, it only sells for $8.00 in MS 65(Redbook price). The 1949-S has the second lowest mintage (13,510,000) and sells for $50 in MS-65. Why does the 1949-S so much more exspensive than the 1955, and why is the 1955 one of the more cheaper dimes of the series? |
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08-18-2007, 09:53 PM
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#2 (permalink)
| | Old Newbie
Join Date: Apr 2007 Location: Ohio
Posts: 1,789
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Funny you should mention this....
I bought a 55 P, D, & S today.
All of them in around MS-64/5 grade. |
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08-18-2007, 09:57 PM
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#3 (permalink)
| | Expert Plunger Sniper
Join Date: Mar 2005 Location: United States
Posts: 6,425
My Mood: |
Thats my year of birth...we need to jack up the prices some huh??
It sort of seems like (in the series 1950 thru 1964 )that 1955 is the year the prices start declining..
I hope someone will post a reason why??
RickieB
__________________ "A disordered currency is one of the greatest political evils" Daniel Webster....
-------------------------------------------------------------------------------- U.S.M.C. 1972-1975 |
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08-18-2007, 09:57 PM
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#4 (permalink)
| | Village Idiot
Join Date: Jul 2003 Location: Chicago
Posts: 2,494
My Mood: |
Mostly IMHO because people of the time were able to obtain the coin very easily and with the roll collecting craze of the late 50s (I think?) managed to stash these babies away in numbers. Key dates are not always the lowest mintage. The 1950-D Jefferson Nickel is another example of this type of phenomenon. It is the lowest mintage in the series, yet widely hoarded in MS. To this day many other dates of Jefferson sell for more than the 1950-D in a like condition. The 1949-S Roosevelt has never been easily obtainable in Mint State and many of the better grade examples were only available from Mint Sets.
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08-18-2007, 10:57 PM
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#5 (permalink)
| | Numismatist
Join Date: Jul 2005
Posts: 2,706
My Mood: |
people saved rolls in those days, lower mintage, but many saved. One thing to look for is well struck early 50's S mint mark dimes. Also remember there was no mint set in 1950 so the 1950s dime is what you want.
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08-18-2007, 11:07 PM
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#6 (permalink)
| | Coin Collector
Join Date: Jul 2007 Location: Utah
Posts: 1,623
My Mood: |
The Franklin Half is the same. The 55 had a very low mintage, but the 49-S is the hardest and most expensive in the series.
__________________ Roll Searching Since July 2007 2310 rolls halves 125-40% halves 30-90% halves |
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08-22-2007, 01:51 PM
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#7 (permalink)
| | Coin Collector
Join Date: Apr 2006 Location: Connecticut
Posts: 1,237
| Quote:
Originally Posted by Tater The Franklin Half is the same. The 55 had a very low mintage, but the 49-S is the hardest and most expensive in the series. | Well I am still stuck on the 1953P Franklin. It seems a good one is $220 raw. The dealer says "You can have it for $200". No thank you. Still looking...
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08-18-2007, 11:48 PM
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#8 (permalink)
| | You get what you pay for.
Join Date: Feb 2006 Location: Nebraska/Iowa
Posts: 4,760
My Mood: |
it's all about survivability, the 49-s and 50-s have lower rates than the 55
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08-19-2007, 01:57 AM
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#9 (permalink)
| | Coin Collector
Join Date: Feb 2007 Location: Eastern Iowa
Posts: 1,173
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This is the classic DANGER of investing in keys and semi-keys.
Just pull out a redbook from the 70's. Yes, the 1955 roosys have the highest value.
Why? Because they had the lowest mintages and guess which ones people saved up? Surprise!!
So as time has gone on, turns out that the 1955 is NOT the most valuable roosy - the valuable ones are the ones people WERE NOT investing in/hoarding away.
With modern coins, there really are no "key" dates. When you start talking about 10's of millions of coins produced a few decades ago, there are still millions of them floating around.
My adivice - get your roosy set, but don't be collecting "key" dates in this series unless you like watching grass grow.
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08-19-2007, 02:28 AM
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#10 (permalink)
| | Coin Collector
Join Date: Sep 2002
Posts: 1,301
My Mood: |
The real keys are in the clad series.
The '82-P is significantly scarcer than the '49-S in chU and even moreso in gem. The '69, '83, and '83-D are also scarcer in gem. Virtually all of the clad dimes are scarcer than the '55 in unc.
All the rare dimes are in the later dates as well. These include silver 1965 dimes, the '68, '70 and '75 no-S issues and the '82-NMM dime. You might also include the silver proofs since 1992 and the '96-W issue.
There are some great varieties as well but these appear in the silver issues too.
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08-21-2007, 09:43 PM
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#11 (permalink)
| | CEO of Brooklyn
Join Date: Oct 2005 Location: Brooklyn
Posts: 10,092
My Mood: | Quote:
Originally Posted by cladking The real keys are in the clad series.
The '82-P is significantly scarcer than the '49-S in chU and even moreso in gem. The '69, '83, and '83-D are also scarcer in gem. Virtually all of the clad dimes are scarcer than the '55 in unc.
All the rare dimes are in the later dates as well. These include silver 1965 dimes, the '68, '70 and '75 no-S issues and the '82-NMM dime. You might also include the silver proofs since 1992 and the '96-W issue.
There are some great varieties as well but these appear in the silver issues too. | Whats the demand for a 1982 P Dime?
Ruben
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08-21-2007, 11:18 PM
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#12 (permalink)
| | Numismatist
Join Date: Nov 2002 Location: PA
Posts: 23,509
| Quote:
Originally Posted by mrbrklyn Whats the demand for a 1982 P Dime?
Ruben |
The demand is that nice ones are very hard to find. For example, NGC has graded a grand total of 3 higher than 64 and only 2 at 64.
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08-21-2007, 11:35 PM
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#13 (permalink)
| | Coin Collector
Join Date: Sep 2002
Posts: 1,301
My Mood: | Quote:
Originally Posted by mrbrklyn Whats the demand for a 1982 P Dime?
Ruben |
There's very little demand for moderns which is why they're so cheap.
Finding nice examples is pretty tough but even MS-60's are quite scarce compared to the silver issues. AU's can still be found in circulation without great effort.
The '82-P dime was mostly poorly struck from old and misaligned dies. The bulk of the coins were marked up as well. Finding uncirculated specimens with the tops of the periphery lettering present and with only light marking can be tough.
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08-22-2007, 02:49 AM
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#14 (permalink)
| | Village Idiot
Join Date: Jul 2003 Location: Chicago
Posts: 2,494
My Mood: | Quote:
Originally Posted by mrbrklyn Whats the demand for a 1982 P Dime?
Ruben | no mint sets for 82 or 83 either, so no readily available source of MS coins for those 2 years
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08-22-2007, 07:38 AM
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#15 (permalink)
| | CEO of Brooklyn
Join Date: Oct 2005 Location: Brooklyn
Posts: 10,092
My Mood: | Quote:
Originally Posted by mikenoodle no mint sets for 82 or 83 either, so no readily available source of MS coins for those 2 years | Demand Demand? Anyone have a comment on the demand for those dates? Value is a function of Supply and Demand.
There are a lot of Roosevelt Dimes in the world with no supply limitations in site. What is the demand, and what is the forcast of demand.
Ruben
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