Reverse proof Roosevelt dime most significant coin of century.

The classic keys were available for face value when issued. That's because they are actually coins-not mint created collectables.

 

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Not true, what about matte proof Lincolns or any other early proofs?

 

What reconciliation? The 1804 dollar isn't a "classic coin" either. Nor are proofs. They're mint created pieces struck strictly for collectors rather than to serve in commerce as money.

 

If that's your position, I admire its fundamental purity. It IS a minority view, but a principled one. Well done.

 

Exaclty, yet if the 1804 doesn't fall into the classic category, what does, and they are the highest priced super rarities out there. The point being, made for collector coins are some of the highest priced most sought after coins.

 

A "classic rarity"? Yes. Like Kim Kardashian, it's basically famous for being famous. I know very few bust dollar by date collectors, who consider their collection incomplete because it doesn't contain one, though. It's not part of the standard run.

Another example...if I collected Morgans (I don't, but let's say) I would have no problem calling my set complete without the 1895 Philadelphia since no business strikes are known to exist .

 

True, you don't have to have it because, like Kim, it would cost you a fortune. But, if you can afford it, you buy it. Although current issues will be pricey down the road, many will be able to afford them.

I understand some collectors collect only made for commerce issues, but that's the minority and does not reflect the huge market for collector only issues.

 

And I have never stated that there was no market for collector only issues--only that collector only issues are not a required part of a "coin" collection. A Roosevelt dime collection is exactly that--Roosevelt dimes. Collector only pieces are only a corollary collection to them.

For example, I collect mint issued coin bags...they expand my coin collection, but they aren't a necessary part of it.

 

Sounds like a nice set, wish I had put one together years ago. They're probably a little pricey today in high grade and due to go higher with the attention Roosies are getting due to this 2015 set?

 

No, not unless you rush. Patience is your friend in putting together a nice Roosie set. Start looking early on at 1949-S pieces. You don't want to get down to it and be tempted to "settle". Start looking for a primo 49-S from the get-go. Then just enjoy the process and don't be in a hurry. Bargains are out there because the series is disrespected.

 

I think it is a very good time to start a Roosevelt dime set. Silver spot is down from recent highs, and the series gets little attention.

 

I can relate. My interest in coinage is fueled in part by the human history linked to them. I just don't feel that connection with a mint-manufactured collectible. No right or wrong position here. People collect coins for different reasons.

A minority of at least two for sure.

I don't think OK was arguing otherwise. Just that they don't hold appeal for all collectors, and thus aren't sought after by all collectors, regardless of their market value.

 

Better look back at earlier posts. Most of the anti modern mint issue trolls, swear up & down by mistating the facts that these special issues always tank.

 

They & I are buying multiples for future appreciation, for when the flippers are done and the issues have been absorbed into collections.

And, for that matter, many of the dealers bashing these issues, hoping for lower sales, are socking them away too.

 

Exactly, that's why I'm warning the young collectors not to get suckered into buying PR/MS 69-70 slab hype. Nothing wrong with buying PR/MS sets or raw single coins.

 

There's where we agree 100%.

 

Take your foot off the gas a bit. I was specifically referencing okbustchaser's comments earlier on this page, which were less about modern mint issues than they were about coins created for commerce vs. coins created for collectors, and that the latter don't necessarily appeal to everyone. That's all. There's no argument here. Just different collectors with different priorities.

 

I've seen dealers ( some ) try to put it to customers on classic coinage as well. I am specifically talking about my own experience. I am putting together a type set and one of my LCS's I frequent, came up with a coin I've been needing. The owner knowing I needed it offered it to me for sale. It was a 1912 D MS 62 Barber 1/2 in an NGC holder. He wanted a thousand bucks for it! I found some on ebay ( recent sales) for around 725 or so. Still a bit expensive but it sure beat his 1000 dollar asking price.

I told told him the price was too high and that ebay was selling it for 275.00 less.
"Oh you never know what you get on ebay." Was his answer. I didn't say anything, but I'd like to try to avoid ebay if possible. Oh, and by the way he does not deal in anything modern, at least not in the last 60 years.

If a collector is patient, and that is the key, he or she will find the coin they are looking for at just the right price for them. And that's what has kept me from overpaying.

 

unfortunately most older coins are cleaned or damaged!

 

You seemed to struggle with this concept in the other thread.