Reverse proof Roosevelt dime most significant coin of century.

Discussion in 'Coin Chat' started by bkozak33, May 4, 2015.

  1. Blissskr

    Blissskr Well-Known Member

    $61.95 was the issue price which includes the $10 donation that the March of dimes received on the silver dollar. The same proof silver dollars sell separately for 51.95 so essentially $5 each for the dimes themselves.
     
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  3. Jason Hoffpauir

    Jason Hoffpauir Avid Coin Collector

    There you go...that is one of the major points that makes this dime "special". I appreciate that. I just wanted other points. That's all I wanted to know. Could you explain in layman terms the difference between "Reverse Proof" and regular proof. Thank you in advance. :smuggrin:
     
  4. bdunnse

    bdunnse Who dat?

  5. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    On moderns:

    Traditional proof: Heavily mirrored fields, with frosted devices.
    Reverse Proof: Heavily mirrored devices, with frosted fields.
     
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  6. Jason Hoffpauir

    Jason Hoffpauir Avid Coin Collector

    Ahhh...make so much more sense now. Thank you very much for the information. :smuggrin:
     
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  7. eddiespin

    eddiespin Fast Eddie

    Lol! If nobody wants them now why will they want them in 5 years?
     
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  8. statequarterguy

    statequarterguy Love Pucks

    Take a look at price history, most coins do not attain their maximum price the day they're release - they continue to appreciate over time, as new collectors demand them.

    I'll tell you, I like these Roosy Dimes at 75k a lot more than I like the 2015 HR Gold at 50k.

    5 years dude. I don't think anyone needs to claim victory every time the price moves.
     
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  9. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    You miss the part where most moderns crash after the peak (which was largely fueled the by Registry phenomenon).
     
  10. statequarterguy

    statequarterguy Love Pucks

    Crash? Hardly. All special sets in the last 20 years have been big winners. You missed that part.
     
  11. green18

    green18 Unknown member Sweet on Commemorative Coins

    With everybody cuttin' these sets up, I'm hoping for a 'premium' on OGP in five years.......:)
     
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  12. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    Okay, fine. The 1995 Doubled Die Cent soared in price only to dip to much lower values now. The same can be said for the 1999 silver proof sets and to a lesser extent the 2001 silver proof set, and yet these can be purchased for a mere fraction of their former values. With regards to "special sets" this seems to be another invention and restriction not mentioned previously. I am referring to the modern coin market generally, and these sets are a portion thereof. Even if they appreciate slightly short term, if history has taught us anything, it will be that these follow suit. Nevertheless, how does one define a "special set" and how "special" must it be under your definition to be a success.
     
  13. -jeffB

    -jeffB Greshams LEO Supporter

    Don't forget the 1950-D nickel and the 1970 proof set.
     
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  14. statequarterguy

    statequarterguy Love Pucks

    You keep wanting to compare apples & oranges. I said all special set (with unique low mintage coins). I've listed them before, they are sets with mintages of 100k or less that have unique coins that are part of a modern series, not commems, not silver proof sets, not gold coins, etc.
     
  15. Dancing Fire

    Dancing Fire Junior Member

    :stop:You mean like the SMS from 65-67?..they are garbages!..LOL!
     
  16. statequarterguy

    statequarterguy Love Pucks

    Yeah, you're still missing the mark again.

    I tell you what, I'll agree with you for you, you collect what you want. I'll collect and make money on what I want. You shouldn't buy the sets I buy because you don't understand what they are.
     
  17. Dancing Fire

    Dancing Fire Junior Member

    SQG...I'm still saving these 5 set for you...:p
     

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  18. Vess1

    Vess1 CT SP VIP Supporter

    Yeah, I think too many people assume that every collector has their finger on the pulse of the market 24/7 year round. I just found out there was a reverse proof buffalo made in 2013 a couple days ago. I'd consider myself fairly in tune with whats coming out. Once 10 years has passed we'll know what these are worth.
     
  19. mikenoodle

    mikenoodle The Village Idiot Supporter

    For the record, Roosevelt was elected four times
     
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  20. green18

    green18 Unknown member Sweet on Commemorative Coins

    And legislation ensued to make sure that never happened again........
     
  21. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    Unique means "one of a kind" or "there is only one of them" and we know, by your own admission, that there are approximately 75,000 of them. By definition, then, these cannot be "unique", and the coins are no more special than say the early 1950s Roosevelt Dime proofs mentioned by Tom Bush, which are also not top performers in today's market.

    And my comments are not about collecting, but are about the dangers of speculation. Collect whatever you want; I don't care. The most important thing is not necessarily return on investment in that context. I'm sure that there is someone out there who collects used toothpicks, and I say, power to them! I do, however, have a problem with poorly planned speculation based on false premises that may mislead others. As a result, when I see something that I feel is wrong (like the claims made earlier than there is NO coin with a mintage of less than 100k that turned out to be a loser), I feel the need to point it out.
     
    Last edited: Aug 1, 2015
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