Roosevelt Dime Roll Anomaly
Nutfarm
Posts: 6 ✭
I just bought a roll of Roosevelt dimes that to all appearances was an OBR. One end was a heads 1964 silver dime, the other end a tails but in a proof like state. The roll is marked Federal Reserve Bank Chicago. When I opened the roll I discovered 41 nearly perfect 1965 dimes in what I would call MS68/MS69 condition, 2 blank planchets, and 6 crap 1964 silver dimes. Any thoughts on this or observations?
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Comments
Why are the 1964 dimes crap?
Can you post pics of both sides of the best coin?
Welcome to the forum!
Kind of sounds like a roll that may have been put together to entice a buyer.
My first thought is you potentially would fair well to study the grading of Roosevelt dimes as probably none of them are MS68 let alone MS69.
Outside of that, it is cool you located two planchets and a few silvers.
peacockcoins
Rather than welcoming you to the forum maybe it should have been the Nutfarm.
My thoughts exactly.
A built roll, for sure.
@Nutfarm ... Welcome aboard. Nice silver finds... Were the planchets clad? Cheers, RickO
Any rolls bought on eBay as "Original Bank Wrapped" or "Unsearched" are rarely that. This goes for any denomination. Also, I doubt any of your coins would grade MS68 or MS69.
Yeah, sadly. The odds of truly purchasing OBW rolls on ebay are getting fewer & fewer. Folks are re-wrapping junk in vintage looking paper and making money doing it.
Click on this link to see my ebay listings.
It was probably an original roll and merely random chance.
High grade '65 dimes are very hard to come by and far more valuable than '64 dimes.
There are other ways such a roll could come into existence but they are more improbable than just getting two BU silvers in a roll and one on each end. Are the '65's SMS? Does the paper look old? Are the "crap '64 dimes Unc or AU?
Id love to see some pics of your roll!
Well I understand your skepticism. I am well studied on the Roosevelt Dime, its remaining scarcity, and grading of them. The planchets were in fact clad. The dimes are as I stated in unparalleled condition. I am clueless as to how to post any pic on here let alone a decent one that would show quality. I am also aware of how to determine an original bank roll I have purchased and opened hundreds of them. Many as has been noted have been opened and re-closed. The difference is obvious. Thank you all for your comments. My assumption is that it is most likely one of the very first 1965 clad rolls and that the clad dimes were co-mingled and bagged with a few loose planchets and silver dimes (also minted in 1965)
remaining in the bin.
From a computer, not phone, you can drag-and-drop
Or
Open a photo editing software and select the portion of the picture you want then copy from there and simply paste here
Adding to the above...The dimes appear to be proof like and very similar to SMS dimes with some showing slight cameo. My first assumption was that the roll had been collector compiled and SMS dimes were rolled with the two planchets and enough 64 silver to fill the roll. That said, it was a Federal Reserve Bank of Chicago stamped roll and drum tight. Only one end roll (heads showing) was silver. What attracted me to the roll was the Proof like condition of the tails end of the roll. That dime was in fact clad. The silver and planchets were not stacked on one end but, were dispersed through out the roll in a random order. Circumstantial but, I would expect a collector packed roll for these to be separated.
Crappy photos with my phone. Not sure if these links are even openable. surfaces are more proof like than the photos show.
SMS ?
They do almost look proof like. Your pics are almost good enough to make a determination. Nice dime for a roll find either way
Martin
Looks like a SMS dime. Really nice though!
Yes. Looks like SMS but, found in a tight FRB OBR roll. That would make it a business strike and as such exceptional in quality. There were 41 of them in the roll similar to this. Some with a few very minor bag marks. One had wheel marks rendering it a cull.
I am most interested in if anyone has any idea if the mint cleared there bins between runs or if it is possible a few loose silver and planchets could have been in the bin when the clad dimes first rolled off the mint. The silver dimes were uncirculated but extensively bag marked. MS-63 to MS-64 range.
You can tell from the distinct die marks that all 41 came from only 2 or 3 die sets. This is another distinct characteristic of OBR rolls as opposed to made up rolls.
There’s only a handful here who are old enough to maybe know
You’ll have to be patient and maybe one of the respondents can PM them.
Currently bags are filled with over 2 tons of coins. I have read 2 reports here where “all brand new” boxes of coins included some circulated coins.
I’ll guess it’s not impossible.
I know what you mean about the die pairs. Searching OBW of fresh coins has yielded some rolls where due to strike throughs and die fatigue the determination could only be the coins across several rolls came from the same dies.
Exactly. I have pretty extensive experience with the silver dimes. The clad have held no interest for me. I bought this roll expecting silver and knowing a proof like 64 silver dime is also fairly uncommon in a business strike.