I value the knowledge on this forum immensely. Question, never sold a coin but think I would enjoy this down the road. Might be a way to find some interesting coins. I love roosies, how is the demand? Would a person be better to buy B U rolls etc to increase return? Some info please.
I am one who collects and invests in Roosevelts. I recommend buying BU rolls when you can get them for melt or a little above. Also, buy singles which are choice with Full Torch details. Some day it may be worth sending most of these in for grading.
Roosies aren't collected much....you can do a high grade set for pretty cheap.... I don't know what will happen down the road but it would make a nice set for sure! Speedy
It's difficult to imagine that there won't be more demand for the clad dimes in the future. These are very difficult to find in rolls but nice choice singles are available if you keep an eye open.
I have 8 Whitman Classic Albums completely full of those things and just don't know why. There is no real value now and I doubt there will be in the near future but since the demand is so small making a complete collection is very economical.
Your money would be much better off in many other areas, as others have stated, the demand for Roosevelt dimes is not great and the potential for advancement is limited. Same goes for the Jefferson Nickel! Of the modern day coinage we are currentyl using I would be filling the Sacagawea albums in a hurry. Have you priced a full set of Sackies lately? The new (stupid) Presidential Dollars will take a lot of minds off of the Sackie, which they are continuing to strike, so in the end a full set of Sackies will be well worth keeping up with. Personally I would put the money in classics such as the Morgan Dollar, Buffalo Nickel, Walking Liberty halves or Standing Liberty Quarters as they DON'T make them any more!!! Franklin halves have also made tremendous gains in the last few years!
I've been thinking of buying a set of Sacagawea. Anyone else think those have good investment potential?
There aren't many collectors of Roosevelt Dimes, in my honest opinion. In general, really small coins aren't that popular because you have to have really good eyesight to appreciate them.
It's a simple fact, the coins of yesterday that are most valuable today are the ones that nobody collected back then. I can't think of a single coin that fits that description better than a Roosevelt dime. You can take that to mean what you will.
Demand is dead. BU rolls are likely going to be losers. Look at where they are trading now. Slightly above face for the clad and not much above melt for the silver. Most people would have done better sticking that money in a bank account.
"Demand is dead. BU rolls are likely going to be losers. Look at where they are trading now. Slightly above face for the clad and not much above melt for the silver. Most people would have done better sticking that money in a bank account." Clad rolls are mostly pretty scarce. You can't just go out and pick up a few original rolls of 1978 dimes because there were very few saved and those who have them have little interest in selling. Gen- erally such rolls are very unattractive specimens anyway so even if some demand materialized it is questionable if it would be for the typical roll. These coins have a great deal going for them though. Clad dimes are one of the longest running of all US coin series. It has gone for 40 years without changes which exceeds even the Lincoln cent which changed in '43 and '59. The coins are in circulation and provide a real challenge to completing the set. The attrition is so high that several of the older ones are tough to locate in any condition and are especially difficult if you seek nice specimens in F or better. There are several rarities in this series and many coins that are tough in gem. Large numbers of folders and albums are being sold for these coins and one has to suppose that there are people attempting to fill them. The supply of many of these is such that a little demand would push the price far higher.
Right now is the time to track down PCGS or NGC graded MS66FT, MS67, MS67FT, MS68 and MS68FT Roosevelts. Although some of these are already topping the $6,000 mark, there are some bargains still out there. Also, if you check dealers at shows and shops you can easily find MS66FT or better raw coins for bargain prices. One day these will be like the Mercury Dime with Full Split Bands. I remember a few years ago I was already pushing the Full Bands on Roosevelts. Some day Full Steps may come into play with Lincolns too! Just my two cents... Ben
This really applies to virtuall all the clad dime rolls; they just aren't out there. The most "common" is the 1965, then some of the late '90's and more recent ones. After that it would be the '66, '67, '70-D, '68, '70, '79, '78-D, '68-D, '78, '74, early '80's, '72-D, ... I could go on with the estimate but the point is that original rolls of all of them except the '65, '66 and maybe a few late dates are just not found. They tend to be two or three times more common than the quarters but the typical coin shop won't have any. You will see rolls advertised more often but these are usually mint set rolls especially where they are the "impossible" dates like '69 or '73. You'll note many of the rolls available are of dates where it's highly profitable to bust up mint sets. The low prices of original rolls (and mint set rolls) is caused by a near total absence of demand. This situation will not last indefinitely simply because mint sets will not last forever. When they are no longer readily available it will be necessary to seek these coins in other forms and then it will become apparent just how few have been set aside over the generations. There are not vast numbers of singles, rolls, bags, and mint sets just waiting for demand to materialize. When the mint sets are consumed there will be no ready source for these coins. The 1982-P roll is actually one of the more common rolls since it was known there would be no mint sets this year and collectors set more aside. Still it bids at $130 since there are no mint sets to tap. There will emerge many scarcities especially among the varieties which don't appear in mint sets.
This has tons of investment potential to be sure... but it will be a very long term thing, as even the rarest of these were very common and there is very little interest in them currently. Expect it to take at least a generation for any silver Roosevelt to be worth much more than melt and any clad to be worth much more than face value... but the potential is definitely there. Even the 1996-W can be had for less than 30 dollars right now. If you don't mind waiting a long time for it to pay off, these can be a great investment... just a very long-term one. It's also pretty fun, and a smooth road, to collect something few others are... less competition means you can do this very cheap!
