I think the value of the designation won't be seen for probably a few years after all the newness of it wears off and the long term premium (if any) is established. Especially if it creates more conditional rarities.
Hi Todd. This is one of the few series I can personally afford to collect. I'm confident all of my coins are gems+, and I have always looked out for fully-struck coins, both obverse and reverse. I think it will bee too bad if PCGS assigns a bonus attribution to the grade based only the reverse strike, as it is common to see Roosevelt dimes with a strongly struck reverse, but a mushy obverse.
It sounds like you're including proofs. You'd think proofs would usually be fully struck both sides.
Sounds like wise collectors will check both sides of the coin to make sure they are getting one that really is fully struck.
jadecoins - It's to early to say. First PCGS must assign the standard for Full Torch. Then we will see what coins are submitted for attritubuation. After that then we will see what will become the keydate Full Torchs.
I did not include the Proofs for the $20,000.00. I do know that an ms67 set should sell between $9,000 and $13,000.
$9000?? I had no idea! Is that by individual coin? I'd think a set would be worth only about 2/3 of the individual values, but that still seems high! Also, like someone else said, I think that there are about 60 coins in the set with proofs, so the total cost just to certify them has to be upwards of $1200, something that must be added to the value.
Regardless, I can't think of any date Roosevelt that is particularly tough to find fully struck. Even the usually-weak "S" mints can be found nice, with patience. Anyone else identifiy particularly difficult dates in the series to find fully struck?
I knew of one set that was MS68 complete that sold for over $5,000. Another was NGC set that was only $2400 and in MS67 was a little over $1400. These were of course without the full torch designation!
Now for the down side! If you check pop. reports, there are very low showings for Roosevelts from the late '60s through the '80's. I'm on the hunt for BU rolls in the early '70's and 1975 seems to be one tough date to find. I think they were generally poorly struck and collectors were not that interested in them. In '75, PCGS has only graded less than 50 and NGC only 2 from the Philly mint. The other dates also show very low counts with only a handful above MS66! Looks like a new venue to persue and possibly at this time extremely difficult for quality FT dimes!
HEAD TUCKED AND ROLLING ALONG ENJOYING THE VIEW! [Most people I know!]
NEVER LET HIPPO MOUTH OVERLOAD HUMMINGBIRD BUTT!!!
WORK HARDER!!!! Millions on WELFARE depend on you!
Todd, I can easily put together a PCGS MS67 set for under 8K and that will include a few pretty toned pieces. Put together an all toned set and you'll get a premium. No one know's what a 67FT set will be worth. My guess is 15K to 20K. I think we will see a lot of Roosies get submitted over the next couple years. theres a lot of raw sets and roll sets about to be broken up.
I believe there are current MS67 sets today that would sell at $15k+. I know of two right now that are so magnificant that the owners would probably balk at $15k - and I don't know what it would take to pry those sets away. These are not haphazadly assembled sets, these are carefully and thoughtfully assembled sets that have taken 5 or 10 years to assemble. What these sets have in common is look and eye appeal. Imagine, if you can, a complete set of MS67 (or better) Rosy dimes where every coins is rainbow toned with target toned centers. Or where every dime is vividly Blue toned. Or where every dime is colorfully toned with dazzling colors. Those are not $8k PCGS MS67 sets in any stretch of the imagination. They are works of art. Consistency in a set is a MAJOR effort - whether that consistency is FT, appearance (toned, white), or grade (MS67+++).
These sets will probably NEVER hit the market if they're ever sold - they will most probably be placed privately to other high-end collectors that know and appreciate the effort and will pay accordingly. One can only hope that circumstances being what they will that one will be in the right place, at the right time with a pile of cash to be the lucky recipient of one of these stellar sets.
Craig If I had it my way, stupidity would be painful!
Fully struck clad Roosys are among the easiest of all the moderns. Still people will be surprised at how elusive these will be FT! Clad dime rolls are few and far between and these rolls will not yield large numbers of FT. There is not as much difference in quality from year to year in the dimes as the other moderns but the '75 is tough due to poor surfaces. Some from the late 60's are tough because of strike and the late '80's because of marking.
"Colorfulcoins" makes a superb point about choosing quality over plastic. Truly superbly toned Roosevelts (reds/greens/blues/golds) with Wayte Raymond patterns or fully toned in concentric rings/mint set patterns on both sides are hard to find. They are legitimately scarce with MS 67 surfaces and RARE (yes, I know what that word means) in 68 be it PCGS or NGC..... Quality draws serious buyers every time. As a good example, I turned down a $1500 offer from one of the three most astute Roosevelt collecters around for a 1955D MS 67* NGC coin. ..... So, you think I am stupid??.... Try to find an attractively toned 55D in 67 or above...Tough to do....Try to find a "virtually unimprovable 55D".....You won't be able to do it!!!....By way of comparison, common date dollars in MS 65 regulary trade at $2500 and above with super colors...Roosevelts and Mercs in 67+ with similar colors are rarer than MS 65 common Morgans with superb bag toning...So what's an ultimate 67/68 rainbow set worth?? Maybe $50K with or without the FT designation....Before you flip out, remember, I'm not talking about your pedestrian PCGS brilliant 67 set made up of roll coins, I'm talking true works of art with impeccable surfaces AND amazing color....Most people have never seen such a truly stunningly toned Roosevelt dime. They are not displayed at shows, rather they are stashed undisturbed in safety deposit boxes until their owner dies (maybe I can get my wife to bury them with me?)...imagine a whole set of 48 Rembrants laid out side by side...cool!
"You keep your 1804 dollar and 1822 half eagle -- give me rainbow roosies in MS68." rainbowroosie April 1, 2003
Comments
K S
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Todd
800.954.0270
It sounds like you're including proofs. You'd think proofs would usually be fully struck both sides.
Sounds like wise collectors will check both sides of the coin to make sure they are getting one that really is fully struck.
Sincerely,
jadecoins
I did not include the Proofs for the $20,000.00. I do know that an ms67 set should sell between $9,000 and $13,000.
Todd
800.954.0270
Regardless, I can't think of any date Roosevelt that is particularly tough to find fully struck. Even the usually-weak "S" mints can be found nice, with patience. Anyone else identifiy particularly difficult dates in the series to find fully struck?
jade
Now for the down side! If you check pop. reports, there are very low showings for Roosevelts from the late '60s through the '80's. I'm on the hunt for BU rolls in the early '70's and 1975 seems to be one tough date to find. I think they were generally poorly struck and collectors were not that interested in them. In '75, PCGS has only graded less than 50 and NGC only 2 from the Philly mint. The other dates also show very low counts with only a handful above MS66! Looks like a new venue to persue and possibly at this time extremely difficult for quality FT dimes!
NEVER LET HIPPO MOUTH OVERLOAD HUMMINGBIRD BUTT!!!
WORK HARDER!!!!
Millions on WELFARE depend on you!
an all toned set and you'll get a premium. No one know's what a 67FT set will be worth. My guess is 15K to 20K. I think we
will see a lot of Roosies get submitted over the next couple years. theres a lot of raw sets and roll sets about to be broken
up.
I am only a beginner at this and just put out a number.
I do know your experience in this series and yield to your knowledge and I mean this sincerely.
Thanks for your comments. They are appreciated.
Todd
800.954.0270
K S
These sets will probably NEVER hit the market if they're ever sold - they will most probably be placed privately to other high-end collectors that know and appreciate the effort and will pay accordingly. One can only hope that circumstances being what they will that one will be in the right place, at the right time with a pile of cash to be the lucky recipient of one of these stellar sets.
If I had it my way, stupidity would be painful!
be surprised at how elusive these will be FT! Clad dime rolls are few and far between
and these rolls will not yield large numbers of FT. There is not as much difference in
quality from year to year in the dimes as the other moderns but the '75 is tough due
to poor surfaces. Some from the late 60's are tough because of strike and the late
'80's because of marking.
rainbowroosie April 1, 2003
If I had it my way, stupidity would be painful!
After the populations adjust back to reality, a HELL of a lot less.