Hello All, I've decided to start a collection and not just stack bullion/junk silver. I picked the 46-64 Roosevelt dimes because they still have silver in them, are affordable and if I screw up a purchase it won't be too financially punishing. I want the whole collection to be MS63 and up. How much of a premium will I be paying for graded coins? I would plan to break them out and put them in an album. Common dates are easily available for $18 on ebay already graded.
For common date and semi common date Roosies the prices usually dont really begin to take off until MS66 maybe MS65. Then at MS67 or MS68 you start to see them skyrocket from rarity. Ive been selling a lot of MS66-68 roosies on the Bay lately. But if you want a deal and don't want to pay too much over spot stick to the MS63 and 64s. Its very easy to have Roosies go over 50 bucks each once you get into the MS66 zone.
I don't understand why you would pay a premium for a certified coin and then crack it out. Why not just buy raw coins to start with - it would be an excellent opportunity to hone your grading skills.
So what is the premium on certified coins? Lets say I can't find a coin for a certain date/mm that meets my criteria and I run into one that is graded. Then would it make sense to buy the graded and take it out of the holder? I intend to try to find most raw and try my hand at grading on my own. I have already purchased 7 Roosies and haven't paid more than $4 for a single coin. They were all very nice ones from my dealer's tray. He is for right now out of acceptable coins. I might also start a Franklin set so if I don't run into dimes, I might find a Franklin.
More than $4 for a single Roosie? Raw you can get for melt, or slightly(less than a $1)more than melt, most anywhere compared to paying any kind of premium for a slabbed. JMO, if the Roosevelt isn't going to hit 66/67 + from a TPG, it's not really worth being placed in a slab.
The premium will be too high. Post 64 rosies can be picked up in the original mint cellos for cheap and the coins will be very nice and high end. Save your money and buy yourself some other high end coin that you may want.
tater is right. many uncirculated sets have been broken up for the larger coins (mainly Franklin Halves). The lack of interest in the Roosevelt's should make it relatively easy to find nice, bright, uncirculated examples, but most if not all of them will be raw. Do NOT pay large premiums for these coins, the dealers didn't and don't want to hold them, so they are likely to give you a good deal just to be rid of them.
