Home U.S. Coin Forum

1975 Roosevelt Dime No S PCGS Proof-67 on GC

123578

Comments

  • MFeldMFeld Posts: 13,486 ✭✭✭✭✭

    @Walkerlover said:

    @Walkerlover said:

    @FlyingAl said:

    @Walkerlover said:

    @FlyingAl said:

    @MFeld said:

    @FlyingAl said:

    @Walkerlover said:
    I can only imagine the great classic coins I could purchase with the money spent on this unexciting overrated modern proof dime error Lol

    And very few would measure up to the rarity of this coin.

    Consider the fact that this coin is several times the rarity of the 1913 Proof Liberty nickel, and you might think it's undervalued.

    Alex, a pop of 5 (for the 1913 Liberty nickel) compared to 2 (for the 1975 dime) doesn’t quite make the latter several times rarer.

    Mark - I can see why you might say that. I define several as more than two, so 2.5x rarer would qualify as "several times rarer". I see this is also the Oxford definition.

    Additionally, when you compare the no S dime to the number of coins struck with an S, you get a pretty incredibly low rarity in comparison to a normal Proof. The 1913 Liberty doesn't really compete when you compare it with say all Proof Buffalo nickels struck in 1913.

    For argument sake the 1958 double die cent has dramatic doubling in a most popular series Lincoln Pennie’s compared to the 1975 proof dime and a population of 3

    And it would cost you three times the current bid of the no S.

    A better buy in my opinion.

    Would you at least agree that the dime is a relatively obscure rarity compared to the 1958 Double die 1955 1942/1 and 1918/7 D S coins

    The 1955 DDO, 1942/1 and the 1918/7-D aren’t in anywhere close to the same rarity league as the 1975 No-S dime. In fact, with each of those three having a population in the thousands, “rarity” might not even apply. You don’t sound as if you have a good grasp of the term. And you continue to dig your heels into the muck.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • WalkerloverWalkerlover Posts: 886 ✭✭✭✭

    @MFeld said:

    @Walkerlover said:

    @Walkerlover said:

    @FlyingAl said:

    @Walkerlover said:

    @FlyingAl said:

    @MFeld said:

    @FlyingAl said:

    @Walkerlover said:
    I can only imagine the great classic coins I could purchase with the money spent on this unexciting overrated modern proof dime error Lol

    And very few would measure up to the rarity of this coin.

    Consider the fact that this coin is several times the rarity of the 1913 Proof Liberty nickel, and you might think it's undervalued.

    Alex, a pop of 5 (for the 1913 Liberty nickel) compared to 2 (for the 1975 dime) doesn’t quite make the latter several times rarer.

    Mark - I can see why you might say that. I define several as more than two, so 2.5x rarer would qualify as "several times rarer". I see this is also the Oxford definition.

    Additionally, when you compare the no S dime to the number of coins struck with an S, you get a pretty incredibly low rarity in comparison to a normal Proof. The 1913 Liberty doesn't really compete when you compare it with say all Proof Buffalo nickels struck in 1913.

    For argument sake the 1958 double die cent has dramatic doubling in a most popular series Lincoln Pennie’s compared to the 1975 proof dime and a population of 3

    And it would cost you three times the current bid of the no S.

    A better buy in my opinion.

    Would you at least agree that the dime is a relatively obscure rarity compared to the 1958 Double die 1955 1942/1 and 1918/7 D S coins

    The 1955 DDO, 1942/1 and the 1918/7-D aren’t in anywhere close to the same rarity league as the 1975 No-S dime. In fact, with each of those three having a population in the thousands, “rarity” might not even apply. You don’t sound as if you have a good grasp of the term. And you continue to dig your heels into the muck.

    Perhaps I should have just said a relatively obscure coin, not famous like other errors

  • GoldbullyGoldbully Posts: 17,348 ✭✭✭✭✭
    edited October 23, 2024 6:21PM

    Next increment filled...................................do I hear 340k?


  • FlyingAlFlyingAl Posts: 3,218 ✭✭✭✭✭

    @Walkerlover said:

    @MFeld said:

    @Walkerlover said:

    @Walkerlover said:

    @FlyingAl said:

    @Walkerlover said:

    @FlyingAl said:

    @MFeld said:

    @FlyingAl said:

    @Walkerlover said:
    I can only imagine the great classic coins I could purchase with the money spent on this unexciting overrated modern proof dime error Lol

    And very few would measure up to the rarity of this coin.

    Consider the fact that this coin is several times the rarity of the 1913 Proof Liberty nickel, and you might think it's undervalued.

    Alex, a pop of 5 (for the 1913 Liberty nickel) compared to 2 (for the 1975 dime) doesn’t quite make the latter several times rarer.

    Mark - I can see why you might say that. I define several as more than two, so 2.5x rarer would qualify as "several times rarer". I see this is also the Oxford definition.

    Additionally, when you compare the no S dime to the number of coins struck with an S, you get a pretty incredibly low rarity in comparison to a normal Proof. The 1913 Liberty doesn't really compete when you compare it with say all Proof Buffalo nickels struck in 1913.

    For argument sake the 1958 double die cent has dramatic doubling in a most popular series Lincoln Pennie’s compared to the 1975 proof dime and a population of 3

    And it would cost you three times the current bid of the no S.

    A better buy in my opinion.

    Would you at least agree that the dime is a relatively obscure rarity compared to the 1958 Double die 1955 1942/1 and 1918/7 D S coins

    The 1955 DDO, 1942/1 and the 1918/7-D aren’t in anywhere close to the same rarity league as the 1975 No-S dime. In fact, with each of those three having a population in the thousands, “rarity” might not even apply. You don’t sound as if you have a good grasp of the term. And you continue to dig your heels into the muck.

    Perhaps I should have just said a relatively obscure coin, not famous like other errors

    None of the coins you mentioned, nor the no S dime, are errors. They are varieties.

    I also agree with Mark. One should never confuse fame with rarity.

    Coin Photographer.

  • CaptHenwayCaptHenway Posts: 32,144 ✭✭✭✭✭

    FWIW, I have held all five of the 1913 Liberty Nickels and one of the 1975 “No S” Proof Dimes, and to me the Dime was a lot less interesting.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • MsMorrisineMsMorrisine Posts: 33,077 ✭✭✭✭✭

    the dimes were part of a mint lottery to spur collecting mint sets, but so sad the signed coa has been lost to history. there are some on these boards who would return them as damaged since they couldn't get 8 figures on ebay without the coa encapsulated

    i triple-double promise this is all true!

    interesting now?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MaywoodMaywood Posts: 2,097 ✭✭✭✭✭

    @CaptHenway said: FWIW, I have held all five of the 1913 Liberty Nickels and one of the 1975 “No S” Proof Dimes, and to me the Dime was a lot less interesting.

    Wow, what a silly argument/discussion this has devolved into from what started as an alert to what I consider a rather historic rarity. And to me that covers the whole of US numismatics. It's interesting to me as a rather long-term tenured member of this fine forum that so many members still like to argue about what other members find interesting and want to collect. Without beating the dead horse I will repeat ad nauseum that it is part of the reason I have rid myself of my standard US coinage and now tend to collect Exonumia almost exclusively. Much more interesting historically, superior designs and easier on the pocketbook.

    @MFeld rightly pointed out the misused and quite misunderstood term we like, RARITY. But, I digress.

    To the pasted quote from the good Captain I will say that I own quite a number of interesting pieces of Exonumia which are rare according to most definitions of the word and a number of pieces which approach those Buffalo Nickels. They are much lower valued because value doesn't really have anything to do with the rarity of the item, it has everything to do with how large the pool of interested buyers might be.

  • telephoto1telephoto1 Posts: 4,898 ✭✭✭✭✭

    I am not and never have been convinced that only two of these sets/dimes exist. Because of Bicentennial mania, a lot of 1975 and 76 sets were hoarded- and unopened boxes of both still exist, both in the area where these were found and elsewhere, including some shipped to collectors in other countries. jmho


    RIP Mom- 1932-2012
  • 7Jaguars7Jaguars Posts: 7,447 ✭✭✭✭✭

    @MFeld said:

    @Walkerlover said:

    @Walkerlover said:

    @FlyingAl said:

    @Walkerlover said:

    @FlyingAl said:

    @MFeld said:

    @FlyingAl said:

    @Walkerlover said:
    I can only imagine the great classic coins I could purchase with the money spent on this unexciting overrated modern proof dime error Lol

    And very few would measure up to the rarity of this coin.

    Consider the fact that this coin is several times the rarity of the 1913 Proof Liberty nickel, and you might think it's undervalued.

    Alex, a pop of 5 (for the 1913 Liberty nickel) compared to 2 (for the 1975 dime) doesn’t quite make the latter several times rarer.

    Mark - I can see why you might say that. I define several as more than two, so 2.5x rarer would qualify as "several times rarer". I see this is also the Oxford definition.

    Additionally, when you compare the no S dime to the number of coins struck with an S, you get a pretty incredibly low rarity in comparison to a normal Proof. The 1913 Liberty doesn't really compete when you compare it with say all Proof Buffalo nickels struck in 1913.

    For argument sake the 1958 double die cent has dramatic doubling in a most popular series Lincoln Pennie’s compared to the 1975 proof dime and a population of 3

    And it would cost you three times the current bid of the no S.

    A better buy in my opinion.

    Would you at least agree that the dime is a relatively obscure rarity compared to the 1958 Double die 1955 1942/1 and 1918/7 D S coins

    The 1955 DDO, 1942/1 and the 1918/7-D aren’t in anywhere close to the same rarity league as the 1975 No-S dime. In fact, with each of those three having a population in the thousands, “rarity” might not even apply. You don’t sound as if you have a good grasp of the term. And you continue to dig your heels into the muck.

    I think that what was posed was NOT a comparison of rarity but rather that the OP coin is not as generally well known as a coin such as those listed.

    Love that Milled British (1830-1960)
    Well, just Love coins, period.
  • SanddollarSanddollar Posts: 85 ✭✭✭

    @Maywood said:
    @CaptHenway said: FWIW, I have held all five of the 1913 Liberty Nickels and one of the 1975 “No S” Proof Dimes, and to me the Dime was a lot less interesting.

    Wow, what a silly argument/discussion this has devolved into from what started as an alert to what I consider a rather historic rarity. And to me that covers the whole of US numismatics._ It's interesting to me as a rather long-term tenured member of this fine forum_ that so many members still like to argue about what other members find interesting and want to collect. Without beating the dead horse I will repeat ad nauseum that it is part of the reason I have rid myself of my standard US coinage and now tend to collect Exonumia almost exclusively. Much more interesting historically, superior designs and easier on the pocketbook.

    @MFeld rightly pointed out the misused and quite misunderstood term we like, RARITY. But, I digress.

    To the pasted quote from the good Captain I will say that I own quite a number of interesting pieces of Exonumia which are rare according to most definitions of the word and a number of pieces which approach those Buffalo Nickels. They are much lower valued because value doesn't really have anything to do with the rarity of the item, it has everything to do with how large the pool of interested buyers might be.

    Dude. You joined April of 2022, so settle down.
    They were Liberty nickels, not buffalo nickels.
    Again, relax. Breath deeply.

    Rebirth. Renewal. Transformation.

  • MaywoodMaywood Posts: 2,097 ✭✭✭✭✭

    @Sanddollar, check your pm's and I stand by what I posted except, of course, the Buffalo Nickel error.

  • cladkingcladking Posts: 28,656 ✭✭✭✭✭

    @CaptHenway said:
    FWIW, I have held all five of the 1913 Liberty Nickels and one of the 1975 “No S” Proof Dimes, and to me the Dime was a lot less interesting.

    If anyone else said this I'd just consider it modern bashing but I know full well wouldn't hold such an opinion just because the dime is clad.

    I would certainly agree the 1913 nickels have a lot of cache and mystique thanks largely to B May Mehl and the midnight minters. Being old their fame and popularity are greater as well.

    There are a lot of coins I'd like to own and can't afford. The '75 dime would have a spot in my folder while I no longer collect lib nickels. Give me a '13 and I'm sure I'll start again though. ;)

    Tempus fugit.
  • cladkingcladking Posts: 28,656 ✭✭✭✭✭

    @telephoto1 said:
    I am not and never have been convinced that only two of these sets/dimes exist. Because of Bicentennial mania, a lot of 1975 and 76 sets were hoarded- and unopened boxes of both still exist, both in the area where these were found and elsewhere, including some shipped to collectors in other countries. jmho

    It is improbable that more will be found. I'd guess that more than 70% have been looked at. This implies at most it would be a few boxes with one or two specimens. People have the idea moderns are all common and low pops just mean most haven't been sent in yet but rare is rare whether the coin was minted in 1796 or 1976. This coin is rare and the total mintage was apparently "2". So a few more could surface. I wouldn't hold my breath.

    Tempus fugit.
  • cladkingcladking Posts: 28,656 ✭✭✭✭✭

    @Maywood said:

    To the pasted quote from the good Captain I will say that I own quite a number of interesting pieces of Exonumia which are rare according to most definitions of the word and a number of pieces which approach those Buffalo Nickels. They are much lower valued because value doesn't really have anything to do with the rarity of the item, it has everything to do with how large the pool of interested buyers might be.

    I own several unique tokens including even from towns that have none listed and can't get any sort of reasonable offer. I have telephone tokens that are unlisted as well. I really don't understand why everyone wants to collect the same things. I've had great pleasure owing these and certainly got my money's worth but how can tokens rarer than the '75 no-S sell for $10?

    I wager in 25 or 30 years collectors are going to wish they had paid much more attention to rarity than they do today.

    Tempus fugit.
  • GoldbullyGoldbully Posts: 17,348 ✭✭✭✭✭

    That's a lot of views.

  • lermishlermish Posts: 2,909 ✭✭✭✭✭

    @cladking said:

    I wager in 25 or 30 years collectors are going to wish they had paid much more attention to rarity than they do today.

    This.

    While everyone should collect what they like before any other considerations, scarcity has been an important factor in my collection.

    As an example, I had a very nice HR Saint. I liked it and it's a beautiful coin. But it was an awful lot of money to have tied up in a common coin. It's a widget. A beautiful and desirable widget.

    I don't want to slam anyone's collections but the same is true of almost every American coin. For me at least, it's just not that interesting to spend a lot of money on a nice key date coin and realize that there are hundreds or thousands of them and they could be bought any day of the week.

  • MFeldMFeld Posts: 13,486 ✭✭✭✭✭

    @cladking said:

    @Maywood said:

    To the pasted quote from the good Captain I will say that I own quite a number of interesting pieces of Exonumia which are rare according to most definitions of the word and a number of pieces which approach those Buffalo Nickels. They are much lower valued because value doesn't really have anything to do with the rarity of the item, it has everything to do with how large the pool of interested buyers might be.

    I own several unique tokens including even from towns that have none listed and can't get any sort of reasonable offer. I have telephone tokens that are unlisted as well. I really don't understand why everyone wants to collect the same things. I've had great pleasure owing these and certainly got my money's worth but how can tokens rarer than the '75 no-S sell for $10?

    I wager in 25 or 30 years collectors are going to wish they had paid much more attention to rarity than they do today.

    Collectors have already had a lot of time to pay more attention to rarity. Why will things be different in 25 or 30 years?
    I see a lot of comments about certain coins being “undervalued”. But it seems that usually, even with the passage of time, they remain that way,

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • cladkingcladking Posts: 28,656 ✭✭✭✭✭

    @MFeld said:

    @cladking said:

    @Maywood said:

    To the pasted quote from the good Captain I will say that I own quite a number of interesting pieces of Exonumia which are rare according to most definitions of the word and a number of pieces which approach those Buffalo Nickels. They are much lower valued because value doesn't really have anything to do with the rarity of the item, it has everything to do with how large the pool of interested buyers might be.

    I own several unique tokens including even from towns that have none listed and can't get any sort of reasonable offer. I have telephone tokens that are unlisted as well. I really don't understand why everyone wants to collect the same things. I've had great pleasure owing these and certainly got my money's worth but how can tokens rarer than the '75 no-S sell for $10?

    I wager in 25 or 30 years collectors are going to wish they had paid much more attention to rarity than they do today.

    Collectors have already had a lot of time to pay more attention to rarity. Why will things be different in 25 or 30 years?
    I see a lot of comments about certain coins being “undervalued”. But it seems that usually, even with the passage of time, they remain that way,

    I think the internet will make scarce coins (and exonumia) more available and more well known. It was really difficult to identify and purchase scarce coins before this century. Since then people have focused more on quality than scarcity.

    Tempus fugit.
  • cladkingcladking Posts: 28,656 ✭✭✭✭✭

    @lermish said:

    While everyone should collect what they like before any other considerations, scarcity has been an important factor in my collection.

    As an example, I had a very nice HR Saint. I liked it and it's a beautiful coin. But it was an awful lot of money to have tied up in a common coin. It's a widget. A beautiful and desirable widget.

    I don't want to slam anyone's collections but the same is true of almost every American coin. For me at least, it's just not that interesting to spend a lot of money on a nice key date coin and realize that there are hundreds or thousands of them and they could be bought any day of the week.

    There are lots of very high quality and important world silver coins with mintages under "1000" that can be had for virtually spot price. I'm melting a lot of stuff with mintages over about 8000. There are no buyers. And don't believe it when people say there is no attrition. A lot of gold has even been redeemed for its face value and this happens with silver as well to a lesser extent. Scarce and rare moderns (even condition rarities) usually deserve a lot more attention than they get. This probably applies to this dime.

    Tempus fugit.
  • jmlanzafjmlanzaf Posts: 34,217 ✭✭✭✭✭

    @cladking said:

    @MFeld said:

    @cladking said:

    @Maywood said:

    To the pasted quote from the good Captain I will say that I own quite a number of interesting pieces of Exonumia which are rare according to most definitions of the word and a number of pieces which approach those Buffalo Nickels. They are much lower valued because value doesn't really have anything to do with the rarity of the item, it has everything to do with how large the pool of interested buyers might be.

    I own several unique tokens including even from towns that have none listed and can't get any sort of reasonable offer. I have telephone tokens that are unlisted as well. I really don't understand why everyone wants to collect the same things. I've had great pleasure owing these and certainly got my money's worth but how can tokens rarer than the '75 no-S sell for $10?

    I wager in 25 or 30 years collectors are going to wish they had paid much more attention to rarity than they do today.

    Collectors have already had a lot of time to pay more attention to rarity. Why will things be different in 25 or 30 years?
    I see a lot of comments about certain coins being “undervalued”. But it seems that usually, even with the passage of time, they remain that way,

    I think the internet will make scarce coins (and exonumia) more available and more well known. It was really difficult to identify and purchase scarce coins before this century. Since then people have focused more on quality than scarcity.

    You talk like the internet isn't 30+ years old.

  • MaywoodMaywood Posts: 2,097 ✭✭✭✭✭

    @MFeld said: I see a lot of comments about certain coins being “undervalued”. But it seems that usually, even with the passage of time, they remain that way.

    ---undervalued: a lack of interested collectors to own an item which results in a lower than expected price.
    ---overvalued: priced higher than expected due to an over abundance of collectors who wish to own an item.

  • jmlanzafjmlanzaf Posts: 34,217 ✭✭✭✭✭

    @Maywood said:
    @MFeld said: I see a lot of comments about certain coins being “undervalued”. But it seems that usually, even with the passage of time, they remain that way.

    ---undervalued: a lack of interested collectors to own an item which results in a lower than expected price.
    ---overvalued: priced higher than expected due to an over abundance of collectors who wish to own an item.

    Undervalued = less than I think it should be worth

    Overvalued = more than i think it should be worth

    In a market as large and mature as the US coin market, nothing is over- or undervalued.

  • JBKJBK Posts: 15,580 ✭✭✭✭✭

    @cladking said:
    There are lots of very high quality and important world silver coins with mintages under "1000" that can be had for virtually spot price. I'm melting a lot of stuff with mintages over about 8000. There are no buyers.

    Oh, there are buyers, just not at your price, and/or not in the particular marketplace where you are trying to sell then.

    As far as the Internet changing the demand part of the value equation, when I was a young collector well before the Internet and cable shopping eras I knew that a lot of world coins had infinitely lower mintages than key US coins, yet they traded for a fraction of the cost. Value was, and is still, determined by supply and demand. Certain issues just don't have the high demand.

  • cladkingcladking Posts: 28,656 ✭✭✭✭✭

    @JBK said:

    @cladking said:
    There are lots of very high quality and important world silver coins with mintages under "1000" that can be had for virtually spot price. I'm melting a lot of stuff with mintages over about 8000. There are no buyers.

    Oh, there are buyers, just not at your price, and/or not in the particular marketplace where you are trying to sell then.

    As far as the Internet changing the demand part of the value equation, when I was a young collector well before the Internet and cable shopping eras I knew that a lot of world coins had infinitely lower mintages than key US coins, yet they traded for a fraction of the cost. Value was, and is still, determined by supply and demand. Certain issues just don't have the high demand.

    I know you're right but it always amazes me that people just dismiss the beautiful silver coinage of the '70's and '80's with such tiny mintages as "just NCLT". Or there is no attrition. Or there are more than there are collectors. This last is apparently true but I never predicted in a world with 8,000,000,000 people that there would be ample numbers of coins with mintages of 8,000. That's one coin for every million people and the demand is in many cases simply swamped. Even circu;lating coins and even US moderns have the same thing.

    Here we have one '75 dime for every 165,000,000 Americans and the price is a fraction of the much more common 1894-S dime. It would seem there would be far far more collectors of clad dimes than barber dimes but obviously that's not the way things have unfolded. All valuable clad dimes sell for peanuts compared to comparable mercs or indian cents.

    Tempus fugit.
  • CopperindianCopperindian Posts: 1,455 ✭✭✭✭✭

    In the midst of all this good discourse, the bid has “inched” up to $355k. A little more than 2 days to go…..

    “The thrill of the hunt never gets old”

    PCGS Registry: Screaming Eagles
    Copperindian

    Retired sets: Soaring Eagles
    Copperindian

  • CopperindianCopperindian Posts: 1,455 ✭✭✭✭✭

    Less than 24 hours to go - bidding up to $360k….

    “The thrill of the hunt never gets old”

    PCGS Registry: Screaming Eagles
    Copperindian

    Retired sets: Soaring Eagles
    Copperindian

  • GoldbullyGoldbully Posts: 17,348 ✭✭✭✭✭

    We have a new bid, folks....................$380,000.00.


  • CopperindianCopperindian Posts: 1,455 ✭✭✭✭✭

    About 6 hours to go & all seats are filled @ the poker table. Bidding has reached $405k - NEXT!

    “The thrill of the hunt never gets old”

    PCGS Registry: Screaming Eagles
    Copperindian

    Retired sets: Soaring Eagles
    Copperindian

  • SanddollarSanddollar Posts: 85 ✭✭✭

    Can't wait to see what'll happen when cougar puts in his max bid.

    Rebirth. Renewal. Transformation.

  • onlyroosiesonlyroosies Posts: 3,294 ✭✭✭✭

    I am not bidding on the coin nor am I representing anyone for it. With that said what is your projected Hammer for the 75 no S Proof. About 5 hours left and currently bid at $405K. I'm going to throw my 10c opinion out there. I project somewhere north of $750K hammer will win the coin. If I was a younger man and had an extra Million sitting around that I wanted to put on a coin and hold for several years or more, I'd be all over this coin.

    Just my 10c opinion
    onlyroosies

  • CopperindianCopperindian Posts: 1,455 ✭✭✭✭✭

    @onlyroosies: appreciate your comment (& putting yourself out there). When Ian said $500k or more some weeks ago I was astounded, but I don’t know much about these except it was one of two known. It’s looking like your number might become closer to the final hammer. All I know, as for me with the “extra million” (ha - don’t I wish), I would crack it out with a video running & place it back in the set. What a ride this has been!

    “The thrill of the hunt never gets old”

    PCGS Registry: Screaming Eagles
    Copperindian

    Retired sets: Soaring Eagles
    Copperindian

  • ProofCollectionProofCollection Posts: 6,146 ✭✭✭✭✭

    I was wondering how they got the CAC sticker. From the website for coins accepted, CAC only accepts dimes before 1946.
    https://www.cacgrading.com/stickering/coins-accepted
    Yet another example of JA bending the rules and changing the standards.

  • MsMorrisineMsMorrisine Posts: 33,077 ✭✭✭✭✭

    his business, and i wouldn't call this an example of changing standards

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • cameonut2011cameonut2011 Posts: 10,167 ✭✭✭✭✭

    Congratulations to the buyer and seller on their purchase/sell respectively. This is a special coin no doubt.

    I do feel a bit badly for us for the attention that this garners will surely cause dozens of parking lot threads of worn Philadelphia minted coins. 😂

  • WalkerloverWalkerlover Posts: 886 ✭✭✭✭
    edited October 27, 2024 2:24PM

    @cladking said:

    @JBK said:

    @cladking said:
    There are lots of very high quality and important world silver coins with mintages under "1000" that can be had for virtually spot price. I'm melting a lot of stuff with mintages over about 8000. There are no buyers.

    Oh, there are buyers, just not at your price, and/or not in the particular marketplace where you are trying to sell then.

    As far as the Internet changing the demand part of the value equation, when I was a young collector well before the Internet and cable shopping eras I knew that a lot of world coins had infinitely lower mintages than key US coins, yet they traded for a fraction of the cost. Value was, and is still, determined by supply and demand. Certain issues just don't have the high demand.

    I know you're right but it always amazes me that people just dismiss the beautiful silver coinage of the '70's and '80's with such tiny mintages as "just NCLT". Or there is no attrition. Or there are more than there are collectors. This last is apparently true but I never predicted in a world with 8,000,000,000 people that there would be ample numbers of coins with mintages of 8,000. That's one coin for every million people and the demand is in many cases simply swamped. Even circu;lating coins and even US moderns have the same thing.

    Here we have one '75 dime for every 165,000,000 Americans and the price is a fraction of the much more common 1894-S dime. It would seem there would be far far more collectors of clad dimes than barber dimes but obviously that's not the way things have unfolded. All valuable clad dimes sell for peanuts compared to comparable mercs or indian cents.

    That’s the way it should be. It’s an average looking modern proof clad Roosevelt dime without any great collector base that even CAC doesn’t deal with. It has ONLY 1 THING going for it rarity THATS IT. Nothing exciting here. Compare that to the legendary 1894 S Barber dime is ludicrous. Or the large gorgeous 20 dollars gold Saint Gaudens which you could buy a rare date coin in high mint state condition, or a 1921 S walker in MS 66 which has a population of 1 or 2 etc or a MS 65 or better 1893 S

  • MFeldMFeld Posts: 13,486 ✭✭✭✭✭

    @Walkerlover said:

    @cladking said:

    @JBK said:

    @cladking said:
    There are lots of very high quality and important world silver coins with mintages under "1000" that can be had for virtually spot price. I'm melting a lot of stuff with mintages over about 8000. There are no buyers.

    Oh, there are buyers, just not at your price, and/or not in the particular marketplace where you are trying to sell then.

    As far as the Internet changing the demand part of the value equation, when I was a young collector well before the Internet and cable shopping eras I knew that a lot of world coins had infinitely lower mintages than key US coins, yet they traded for a fraction of the cost. Value was, and is still, determined by supply and demand. Certain issues just don't have the high demand.

    I know you're right but it always amazes me that people just dismiss the beautiful silver coinage of the '70's and '80's with such tiny mintages as "just NCLT". Or there is no attrition. Or there are more than there are collectors. This last is apparently true but I never predicted in a world with 8,000,000,000 people that there would be ample numbers of coins with mintages of 8,000. That's one coin for every million people and the demand is in many cases simply swamped. Even circu;lating coins and even US moderns have the same thing.

    Here we have one '75 dime for every 165,000,000 Americans and the price is a fraction of the much more common 1894-S dime. It would seem there would be far far more collectors of clad dimes than barber dimes but obviously that's not the way things have unfolded. All valuable clad dimes sell for peanuts compared to comparable mercs or indian cents.

    That’s the way it should be. It’s an average looking modern proof clad Roosevelt dime without any great collector base that even CAC doesn’t deal with. It has ONLY 1 THING going for it rarity THATS IT. Nothing exciting here. Compare that to the legendary 1894 S Barber dime is ludicrous. Or the large gorgeous 20 dollars gold Saint Gaudens which you could buy a rare date coin in high mint state condition, or a 1921 S walker in MS 66 which has a population of 1 or 2 etc or a MS 65 or better 1893 S

    How many times are you going to diss the same coin in the same thread?
    And contrary to what you wrote, the coin’s value is about more than its rarity. The circumstances of its production and reason for its existence are a mystery and many collectors appreciate and pay for good stories and mysteries.

    Why don’t you tell us what makes the legendary 1894-S dime or the 1893-S dollar so special compared to the 1975 no-S Proof?

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • MsMorrisineMsMorrisine Posts: 33,077 ✭✭✭✭✭

    @cameonut2011 said:
    Congratulations to the buyer and seller on their purchase/sell respectively. This is a special coin no doubt.

    I do feel a bit badly for us for the attention that this garners will surely cause dozens of parking lot threads of worn Philadelphia minted coins. 😂

    https://forums.collectors.com/discussion/comment/13811502/#Comment_13811502

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • IkesTIkesT Posts: 3,133 ✭✭✭✭✭
    edited October 27, 2024 2:39PM

    @MFeld said:

    @Walkerlover said:

    @cladking said:

    @JBK said:

    @cladking said:
    There are lots of very high quality and important world silver coins with mintages under "1000" that can be had for virtually spot price. I'm melting a lot of stuff with mintages over about 8000. There are no buyers.

    Oh, there are buyers, just not at your price, and/or not in the particular marketplace where you are trying to sell then.

    As far as the Internet changing the demand part of the value equation, when I was a young collector well before the Internet and cable shopping eras I knew that a lot of world coins had infinitely lower mintages than key US coins, yet they traded for a fraction of the cost. Value was, and is still, determined by supply and demand. Certain issues just don't have the high demand.

    I know you're right but it always amazes me that people just dismiss the beautiful silver coinage of the '70's and '80's with such tiny mintages as "just NCLT". Or there is no attrition. Or there are more than there are collectors. This last is apparently true but I never predicted in a world with 8,000,000,000 people that there would be ample numbers of coins with mintages of 8,000. That's one coin for every million people and the demand is in many cases simply swamped. Even circu;lating coins and even US moderns have the same thing.

    Here we have one '75 dime for every 165,000,000 Americans and the price is a fraction of the much more common 1894-S dime. It would seem there would be far far more collectors of clad dimes than barber dimes but obviously that's not the way things have unfolded. All valuable clad dimes sell for peanuts compared to comparable mercs or indian cents.

    That’s the way it should be. It’s an average looking modern proof clad Roosevelt dime without any great collector base that even CAC doesn’t deal with. It has ONLY 1 THING going for it rarity THATS IT. Nothing exciting here. Compare that to the legendary 1894 S Barber dime is ludicrous. Or the large gorgeous 20 dollars gold Saint Gaudens which you could buy a rare date coin in high mint state condition, or a 1921 S walker in MS 66 which has a population of 1 or 2 etc or a MS 65 or better 1893 S

    How many times are you going to diss the same coin in the same thread?

    As many times as he's returned a coin on eBay because he's afraid it won't CAC. :D

  • braddickbraddick Posts: 23,982 ✭✭✭✭✭
    edited October 27, 2024 3:01PM

    @MFeld said:

    @Walkerlover said:

    @cladking said:

    @JBK said:

    @cladking said:
    There are lots of very high quality and important world silver coins with mintages under "1000" that can be had for virtually spot price. I'm melting a lot of stuff with mintages over about 8000. There are no buyers.

    Oh, there are buyers, just not at your price, and/or not in the particular marketplace where you are trying to sell then.

    As far as the Internet changing the demand part of the value equation, when I was a young collector well before the Internet and cable shopping eras I knew that a lot of world coins had infinitely lower mintages than key US coins, yet they traded for a fraction of the cost. Value was, and is still, determined by supply and demand. Certain issues just don't have the high demand.

    I know you're right but it always amazes me that people just dismiss the beautiful silver coinage of the '70's and '80's with such tiny mintages as "just NCLT". Or there is no attrition. Or there are more than there are collectors. This last is apparently true but I never predicted in a world with 8,000,000,000 people that there would be ample numbers of coins with mintages of 8,000. That's one coin for every million people and the demand is in many cases simply swamped. Even circu;lating coins and even US moderns have the same thing.

    Here we have one '75 dime for every 165,000,000 Americans and the price is a fraction of the much more common 1894-S dime. It would seem there would be far far more collectors of clad dimes than barber dimes but obviously that's not the way things have unfolded. All valuable clad dimes sell for peanuts compared to comparable mercs or indian cents.

    That’s the way it should be. It’s an average looking modern proof clad Roosevelt dime without any great collector base that even CAC doesn’t deal with. It has ONLY 1 THING going for it rarity THATS IT. Nothing exciting here. Compare that to the legendary 1894 S Barber dime is ludicrous. Or the large gorgeous 20 dollars gold Saint Gaudens which you could buy a rare date coin in high mint state condition, or a 1921 S walker in MS 66 which has a population of 1 or 2 etc or a MS 65 or better 1893 S

    How many times are you going to diss the same coin in the same thread?
    And contrary to what you wrote, the coin’s value is about more than its rarity. The circumstances of its production and reason for its existence are a mystery and many collectors appreciate and pay for good stories and mysteries.

    Why don’t you tell us what makes the legendary 1894-S dime or the 1893-S dollar so special compared to the 1975 no-S Proof?

    Thank goodness no one really takes him seriously.

    Edited to add:
    To directly answer your question, I'd venture to say it'll be at least a couple more times.

    peacockcoins

  • WalkerloverWalkerlover Posts: 886 ✭✭✭✭

    @MFeld said:

    @Walkerlover said:

    @cladking said:

    @JBK said:

    @cladking said:
    There are lots of very high quality and important world silver coins with mintages under "1000" that can be had for virtually spot price. I'm melting a lot of stuff with mintages over about 8000. There are no buyers.

    Oh, there are buyers, just not at your price, and/or not in the particular marketplace where you are trying to sell then.

    As far as the Internet changing the demand part of the value equation, when I was a young collector well before the Internet and cable shopping eras I knew that a lot of world coins had infinitely lower mintages than key US coins, yet they traded for a fraction of the cost. Value was, and is still, determined by supply and demand. Certain issues just don't have the high demand.

    I know you're right but it always amazes me that people just dismiss the beautiful silver coinage of the '70's and '80's with such tiny mintages as "just NCLT". Or there is no attrition. Or there are more than there are collectors. This last is apparently true but I never predicted in a world with 8,000,000,000 people that there would be ample numbers of coins with mintages of 8,000. That's one coin for every million people and the demand is in many cases simply swamped. Even circu;lating coins and even US moderns have the same thing.

    Here we have one '75 dime for every 165,000,000 Americans and the price is a fraction of the much more common 1894-S dime. It would seem there would be far far more collectors of clad dimes than barber dimes but obviously that's not the way things have unfolded. All valuable clad dimes sell for peanuts compared to comparable mercs or indian cents.

    That’s the way it should be. It’s an average looking modern proof clad Roosevelt dime without any great collector base that even CAC doesn’t deal with. It has ONLY 1 THING going for it rarity THATS IT. Nothing exciting here. Compare that to the legendary 1894 S Barber dime is ludicrous. Or the large gorgeous 20 dollars gold Saint Gaudens which you could buy a rare date coin in high mint state condition, or a 1921 S walker in MS 66 which has a population of 1 or 2 etc or a MS 65 or better 1893 S

    How many times are you going to diss the same coin in the same thread?
    And contrary to what you wrote, the coin’s value is about more than its rarity. The circumstances of its production and reason for its existence are a mystery and many collectors appreciate and pay for good stories and mysteries.

    Why don’t you tell us what makes the legendary 1894-S dime or the 1893-S dollar so special compared to the 1975 no-S Proof?

    @MFeld said:

    @Walkerlover said:

    @cladking said:

    @JBK said:

    @cladking said:
    There are lots of very high quality and important world silver coins with mintages under "1000" that can be had for virtually spot price. I'm melting a lot of stuff with mintages over about 8000. There are no buyers.

    Oh, there are buyers, just not at your price, and/or not in the particular marketplace where you are trying to sell then.

    As far as the Internet changing the demand part of the value equation, when I was a young collector well before the Internet and cable shopping eras I knew that a lot of world coins had infinitely lower mintages than key US coins, yet they traded for a fraction of the cost. Value was, and is still, determined by supply and demand. Certain issues just don't have the high demand.

    I know you're right but it always amazes me that people just dismiss the beautiful silver coinage of the '70's and '80's with such tiny mintages as "just NCLT". Or there is no attrition. Or there are more than there are collectors. This last is apparently true but I never predicted in a world with 8,000,000,000 people that there would be ample numbers of coins with mintages of 8,000. That's one coin for every million people and the demand is in many cases simply swamped. Even circu;lating coins and even US moderns have the same thing.

    Here we have one '75 dime for every 165,000,000 Americans and the price is a fraction of the much more common 1894-S dime. It would seem there would be far far more collectors of clad dimes than barber dimes but obviously that's not the way things have unfolded. All valuable clad dimes sell for peanuts compared to comparable mercs or indian cents.

    That’s the way it should be. It’s an average looking modern proof clad Roosevelt dime without any great collector base that even CAC doesn’t deal with. It has ONLY 1 THING going for it rarity THATS IT. Nothing exciting here. Compare that to the legendary 1894 S Barber dime is ludicrous. Or the large gorgeous 20 dollars gold Saint Gaudens which you could buy a rare date coin in high mint state condition, or a 1921 S walker in MS 66 which has a population of 1 or 2 etc or a MS 65 or better 1893 S

    How many times are you going to diss the same coin in the same thread?
    And contrary to what you wrote, the coin’s value is about more than its rarity. The circumstances of its production and reason for its existence are a mystery and many collectors appreciate and pay for good stories and mysteries.

    Why don’t you tell us what makes the legendary 1894-S dime or the 1893-S dollar so special compared to the 1975 no-S Proof?

    @MFeld said:

    @Walkerlover said:

    @cladking said:

    @JBK said:

    @cladking said:
    There are lots of very high quality and important world silver coins with mintages under "1000" that can be had for virtually spot price. I'm melting a lot of stuff with mintages over about 8000. There are no buyers.

    Oh, there are buyers, just not at your price, and/or not in the particular marketplace where you are trying to sell then.

    As far as the Internet changing the demand part of the value equation, when I was a young collector well before the Internet and cable shopping eras I knew that a lot of world coins had infinitely lower mintages than key US coins, yet they traded for a fraction of the cost. Value was, and is still, determined by supply and demand. Certain issues just don't have the high demand.

    I know you're right but it always amazes me that people just dismiss the beautiful silver coinage of the '70's and '80's with such tiny mintages as "just NCLT". Or there is no attrition. Or there are more than there are collectors. This last is apparently true but I never predicted in a world with 8,000,000,000 people that there would be ample numbers of coins with mintages of 8,000. That's one coin for every million people and the demand is in many cases simply swamped. Even circu;lating coins and even US moderns have the same thing.

    Here we have one '75 dime for every 165,000,000 Americans and the price is a fraction of the much more common 1894-S dime. It would seem there would be far far more collectors of clad dimes than barber dimes but obviously that's not the way things have unfolded. All valuable clad dimes sell for peanuts compared to comparable mercs or indian cents.

    That’s the way it should be. It’s an average looking modern proof clad Roosevelt dime without any great collector base that even CAC doesn’t deal with. It has ONLY 1 THING going for it rarity THATS IT. Nothing exciting here. Compare that to the legendary 1894 S Barber dime is ludicrous. Or the large gorgeous 20 dollars gold Saint Gaudens which you could buy a rare date coin in high mint state condition, or a 1921 S walker in MS 66 which has a population of 1 or 2 etc or a MS 65 or better 1893 S

    How many times are you going to diss the same coin in the same thread?
    And contrary to what you wrote, the coin’s value is about more than its rarity. The circumstances of its production and reason for its existence are a mystery and many collectors appreciate and pay for good stories and mysteries.

    Why don’t you tell us what makes the legendary 1894-S dime or the 1893-S dollar so special compared to the 1975 no-S Proof?

    Bigger coins, silver, artistic 20th century designs, huge collector base. Why doesn’t CAC sticker Roosevelt dimes. How many people post anything about Roosevelt dimes on this forum.

    Do a poll and ask collectors if given $500,000 or so dollars, and they have a choice only of using it for this dime or the 1894S or 1893 S Morgan or a beautiful proof $10 or $20 gold coin. Your saying many or most collectors are spending it on this small clad dime? I am entitled to my opinion. Prove me wrong

  • cameonut2011cameonut2011 Posts: 10,167 ✭✭✭✭✭
    edited October 27, 2024 3:25PM

    @Walkerlover said:

    @cladking said:

    @JBK said:

    @cladking said:
    There are lots of very high quality and important world silver coins with mintages under "1000" that can be had for virtually spot price. I'm melting a lot of stuff with mintages over about 8000. There are no buyers.

    Oh, there are buyers, just not at your price, and/or not in the particular marketplace where you are trying to sell then.

    As far as the Internet changing the demand part of the value equation, when I was a young collector well before the Internet and cable shopping eras I knew that a lot of world coins had infinitely lower mintages than key US coins, yet they traded for a fraction of the cost. Value was, and is still, determined by supply and demand. Certain issues just don't have the high demand.

    I know you're right but it always amazes me that people just dismiss the beautiful silver coinage of the '70's and '80's with such tiny mintages as "just NCLT". Or there is no attrition. Or there are more than there are collectors. This last is apparently true but I never predicted in a world with 8,000,000,000 people that there would be ample numbers of coins with mintages of 8,000. That's one coin for every million people and the demand is in many cases simply swamped. Even circu;lating coins and even US moderns have the same thing.

    Here we have one '75 dime for every 165,000,000 Americans and the price is a fraction of the much more common 1894-S dime. It would seem there would be far far more collectors of clad dimes than barber dimes but obviously that's not the way things have unfolded. All valuable clad dimes sell for peanuts compared to comparable mercs or indian cents.

    That’s the way it should be. It’s an average looking modern proof clad Roosevelt dime without any great collector base that even CAC doesn’t deal with. It has ONLY 1 THING going for it rarity THATS IT. Nothing exciting here. Compare that to the legendary 1894 S Barber dime is ludicrous. Or the large gorgeous 20 dollars gold Saint Gaudens which you could buy a rare date coin in high mint state condition, or a 1921 S walker in MS 66 which has a population of 1 or 2 etc or a MS 65 or better 1893 S

    I wouldn’t go as far to say that. I do think it is distinguishable from the 1894-S which was intended as a separate issue for the date. This coin was not. It is more in the nature of an error or variety coin. While rare and cool, there are neater issues deserving of a greater premium to me like the buffalo nickel and Indian head cent struck on a gold $2.50 Planchet.

    That said, I do think it is a special coin deserving of the attention and spirited bidding it has received. I hope it sets a record.

  • SanddollarSanddollar Posts: 85 ✭✭✭

    @Walkerlover said:

    Do a poll and ask collectors if given $500,000 or so dollars, and they have a choice only of using it for this dime or the 1894S or 1893 S Morgan or a beautiful proof $10 or $20 gold coin. Your saying many or most collectors are spending it on this small clad dime? I am entitled to my opinion. Prove me wrong

    Rebirth. Renewal. Transformation.

  • cameonut2011cameonut2011 Posts: 10,167 ✭✭✭✭✭
    edited October 27, 2024 3:36PM

    @Walkerlover said:
    Bigger coins, silver, artistic 20th century designs, huge collector base. Why doesn’t CAC sticker Roosevelt dimes. How many people post anything about Roosevelt dimes on this forum.

    Since when does CAC get to dictate which series or issues are or aren’t collectible?

    Do a poll and ask collectors if given $500,000 or so dollars, and they have a choice only of using it for this dime or the 1894S or 1893 S Morgan or a beautiful proof $10 or $20 gold coin. Your saying many or most collectors are spending it on this small clad dime? I am entitled to my opinion. Prove me wrong

    Polls are irrelevant. There are all sorts of niches that I would not spend large sums of money on. That doesn’t make the items less desirable to those who do appreciate them nor does it make them wrong for pursuing the pieces at higher levels than I might personally have an interest in.

    Edited: I should have paid closer attention. It did sticker. Nice!

  • cameonut2011cameonut2011 Posts: 10,167 ✭✭✭✭✭

    I would die laughing if JA or one of his associates was the winning bidder.

  • lermishlermish Posts: 2,909 ✭✭✭✭✭

    @cameonut2011 said:

    @Walkerlover said:
    Bigger coins, silver, artistic 20th century designs, huge collector base. Why doesn’t CAC sticker Roosevelt dimes. How many people post anything about Roosevelt dimes on this forum.

    Since when does CAC get to dictate which series or issues are or aren’t collectible? Not that it matters, but I bet JA would make an exception and sticker this one if he felt it was deserving for the grade.

    It's not like CAC's policies are engraved in stone and handed down from the heavens. JA can do whatever he pleases and change whatever policies he likes or make whatever exceptions he wants at any time. It's his business, he sets the rules.

  • ProofCollectionProofCollection Posts: 6,146 ✭✭✭✭✭
    edited October 27, 2024 3:37PM

    @lermish said:

    @cameonut2011 said:

    @Walkerlover said:
    Bigger coins, silver, artistic 20th century designs, huge collector base. Why doesn’t CAC sticker Roosevelt dimes. How many people post anything about Roosevelt dimes on this forum.

    Since when does CAC get to dictate which series or issues are or aren’t collectible? Not that it matters, but I bet JA would make an exception and sticker this one if he felt it was deserving for the grade.

    It's not like CAC's policies are engraved in stone and handed down from the heavens. JA can do whatever he pleases and change whatever policies he likes or make whatever exceptions he wants at any time. It's his business, he sets the rules.

    Right, but he should update the website and say that he stickers Rosies. Or Rosies worth 100k+.

  • GoldbullyGoldbully Posts: 17,348 ✭✭✭✭✭

    $415k..........under 30 minutes to go.

  • cameonut2011cameonut2011 Posts: 10,167 ✭✭✭✭✭

    @lermish Thanks for posting the slab shot; I didn’t realized that it already stickered and rightfully so! The fact that CAC recognizes the rarity of it and makes an exception in stickering it shows that there is an interest, even among dealers and collectors who might otherwise not vigorously pursue moderns.

  • IkesTIkesT Posts: 3,133 ✭✭✭✭✭
    edited October 27, 2024 3:40PM

    @lermish said:

    @cameonut2011 said:

    @Walkerlover said:
    Bigger coins, silver, artistic 20th century designs, huge collector base. Why doesn’t CAC sticker Roosevelt dimes. How many people post anything about Roosevelt dimes on this forum.

    Since when does CAC get to dictate which series or issues are or aren’t collectible? Not that it matters, but I bet JA would make an exception and sticker this one if he felt it was deserving for the grade.

    It's not like CAC's policies are engraved in stone and handed down from the heavens. JA can do whatever he pleases and change whatever policies he likes or make whatever exceptions he wants at any time. It's his business, he sets the rules.

    You just burst Walkerlover's bubble; now he's going to return all of his CAC coins as well! :D

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file