Roosevelt Dime 1964

Discussion in 'US Coins Forum' started by HAGOP, Nov 25, 2008.

  1. HAGOP

    HAGOP Member

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    I bought this Gem Roosevelt Dime 1964 today.It looks gem.
    I see on PSGC's site there is also SMS-Special Mint version, I never had a US Proof coin,This uncirculated Dime made me think that it could be an SMS?
    Is it?If not could you grade it please,Thank you in advance!:hail:
     
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  3. bob01081969

    bob01081969 Member

    Looks AU50 to me, and I have that coin in a SMS and the SMS coin is almost proof like with no marks at all unless viewed with 10 power. IMO
     
  4. Lehigh96

    Lehigh96 Toning Enthusiast

    I am sorry my friend but that is not a gem. GemBU refers to a coin that is graded MS65. Your coin if uncirculated is no higher than an MS62 IMO. Here is a photo of what an MS65 should look like.

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    Those two little marks on Roosevelt's cheek keep it at an MS65. The mark on the cheek of your Roosevelt is very large and distracting and will grade limit it to MS62.
     
  5. Hobo

    Hobo Squirrel Hater

    Sorry to have to agree with the others but you have been had. No way that coin is Gem BU. WAY too many marks. It's hard to tell from your photos but the coin looks to be circulated. The Mint did not strike SMS coins in 1964. When Proof coins were eliminated in 1965 they were replaced with SMS coins (SMS is for Special Mint Set) until the Mint resumed Proof coins in 1968. So, your coin would be either a Business Strike (for circulation) or a Proof. It certainly has no characteristics of Proof so I strongly feel it is a Business Strke. And a circulated Business Strike.

    SMS coins are not Proof coins (no mirror finish and not double-struck) but struck with extra pressure. SMS coins will have very good detail (due to the extra pressure during strking).
     
  6. Collect89

    Collect89 Coin Collector

    Lebanon is a beautiful country.

    Hello Hagop in Lebanon,

    Glad to give you some base information about the 1964 dimes, quarters, and half dollars from the States. In 1964 the value of the silver in the coins exceeded the face value of the coins. Therefore, the 1964 dated coins went from the mint almost directly into storage hoards. Millions of them were hoarded away. There are huge numbers of 1964 dated pieces available in uncirculated condition. When you find an exceptionally nice uncirculated example, it is worth a premium and should be carefully preserved. Most of the normal uncirculated pieces and anything below uncirculated dated 1964 is traded at bullion value. The coin you have is a decent high grade type coin for the Roosevelt dime and its value today is whatever bullion is trading. I don't believe your coin is uncirculated.

    Very best regards,
    collect89
     
  7. CamaroDMD

    CamaroDMD [Insert Clever Title]

  8. Leadfoot

    Leadfoot there is no spoon

    I grade it AU 53 to 55, and respectfully disagree that Lehigh's coin is limited to 65 for those two tiny bumps....Mike
     
  9. GDJMSP

    GDJMSP Numismatist Moderator

    Better be careful now Mike, next thing you know you'll be agreeing with Scrooge :D

    Or even worse - he might be agreeing with you :eek:

    Just a tad off topic, but exactly what does limit Lehigh's coin to 65 ? Or perhaps a better question - why should it be graded as a 64 ?
     
  10. Lehigh96

    Lehigh96 Toning Enthusiast

    By process of elimination I am going to say the surface condition and strike of the reverse. The eye appeal and luster on the coin are great and the surface preservation of the obverse is most affected by the two small marks on the cheek. So if those are not the grade limiting marks, it must be the overall condition of the reverse which IMO is not very impressive at all.
     
  11. GDJMSP

    GDJMSP Numismatist Moderator

    Take a close-up pick of UNITED ;)
     
  12. mrbrklyn

    mrbrklyn New Member

    it should be a 62 ... its corroded and made its apearence in SOMEONE else's dime thread.


    BTW - Lehigh - that 24 Merc from HA isn't a FB on the top...

    Ruben
     
  13. Hobo

    Hobo Squirrel Hater

    There are exceptions to many things. This is one. Yes, 1964 SMS coins do exist. I would equate them to Pattern Pieces because they were essentially test strikes. The Mint knew that after 1964 they were not going to produce Proof coins (for a few years) and they were getting prepared for what was to come.

    So, yes, the Mint did produce some SMS coins in 1964. But, to my knowledge, they were not intended to be released to the general public. I believe the numbers of 1964 SMS coins in private hands is VERY VERY small in all denominations.
     
  14. Leadfoot

    Leadfoot there is no spoon

    Which part? ;)

    I was asking myself that same question. But frankly, it looked BETTER than a 65 to me. :eek: But if I had to guess, I'd say that the strike and luster held the coin back -- because the (what appear in the photos to be) two minor ticks shouldn't. Said another way, I've seen 66's that have bigger ticks in these areas but they have superb luster and strike. As an aside, the obverse die also looks relatively freshly polished -- which suggests a weak(er) luster almost by definition.

    But of course Lehigh has the coin in hand and is in a MUCH better position to judge than I.

    All IMHO.....Mike
     
  15. GDJMSP

    GDJMSP Numismatist Moderator


    As I said to Lehigh -

    Toning can not only add eye appeal to a coin, it can often hide things you would otherwise readily see. And yes, the reverse is generally lacking. But what you see in UNITED is the key.

    I have no problem with the hits on the cheek and they alone would not limit the grade for me. The hits hidden in the hair do add to the problem however.
     
  16. HAGOP

    HAGOP Member

    GDJMSP,What do u see in UNITED?
    A Black dot on D,is that a tonning?There are also other black dots on the coin,what are they?

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    & Here is the cheek,Portrait.

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    WHY?Bad Mint?
    Is it ONLY MS65s that has Rainbow/Cameo reflects?
    What is an FB coin? Does it means Proof?
    So sad I only find Circulated coins here:mad:

    @ Hobo, about SMS coins: No mirror finish.
    what is Satin Finish? Are SMS coins MATT?

    I still confused about the grade,here are two more close up photos,maybe they can help you to give the exact grade.thank you.
     
  17. HAGOP

    HAGOP Member

    PS - There are some black dots I didn't seen unless I took the macro photo of Roosevelt's Cheek.
    They are hardly vuable
     
  18. GDJMSP

    GDJMSP Numismatist Moderator

    Sorry, didn't mean to be confusing. But I was talking about the coin that Lehigh posted, not yours.



    No, not at all. Any coin that meets the criteria can be graded as MS65. FB stands for Full Bands. It is in regard to the bands of the fasces on the reverse of the coin. It is a special designation used for Mercury dimes to denote a well struck coin.

    Satin finish is a less shiny/reflective finish. The Nint Sets issued since 2005 have a satin finish. And no, SMS coins are not matte. They are closer to a normal business strike finish.


    Based on your pics I would have to say your coin would grade AU50/53.
     
  19. Hobo

    Hobo Squirrel Hater

    Doug answered your questions for the most part:

    I will add:

    Satin finish has a texture similar to cloth (hence the term 'satin' finish).

    Proof coins are struck at least twice and the dies and planchets are usually highly polished (except for Matte Proof). SMS coins were struck once but at a pressure much higher than than for Business Strikes and the dies and planchets were not highly polished. So SMS coins do not have a mirror finish but they do have better strikes (and much more detail) than a Business Strike coin.
     
  20. mrbrklyn

    mrbrklyn New Member

    Maybe the other coin deserves a different thread?

    Ruben
     
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